AMD’s been through the wringer this year (to say the least). Shares are down 11% in 2024, and since late spring, the stock has bellyflopped 45%, shedding $140 billion in market value.. But here’s the million-dollar question (or $140 billion one): Is AMD gearing up to be the Cinderella story of 2025, or are we just setting ourselves up for another chapter in "The Little Engine That Couldn’t"? To call AMD’s year a stumble would be like calling the Titanic a minor...
Well, it looks like Starbucks has officially just been served a venti-sized L by the U.S. legal system. A federal appeals court has ruled that the coffee chain illegally fired two South Philly baristas, Echo Nowakowska and Tristan Bussiere, for trying to unionize. And no, Starbucks, you can’t just cover this one up with whipped cream and caramel drizzle LOL. (Source: Giphy) In short, The 3rd U.S. Circuit Court of Appeals said there was plenty of evidence to support th...
It’s not every day that an accounting startup pulls a full-on disappearing act, but Canada-based Bench just set a new standard for how not to exit the stage. Imagine logging in to check your year-end financials, only to find out the entire platform is offline and all you're left with is a short, cryptic notice. That’s exactly what happened to Bench’s 35,000 U.S. customers this week—just days before the year-end financial scramble and the start of tax season. Timing: i...
Another day, another Boeing catastrophe (it’s getting ridiculous). This time, a Jeju Air 737-800 ended its flight in a fireball at South Korea’s Muan International Airport, claiming 179 lives. The crash, which reportedly involved a botched landing and a collision with a concrete barrier, is the latest in a series of PR and operational disasters for the aerospace giant. And Wall Street is making them pay… Boeing’s stock is already down 6% this morning, pushing its year-to...
Well, well, well, looks like KULR Technology just took a page out of the Michael Saylor playbook and decided to YOLO its way into the crypto world. The energy storage company, known for keeping batteries from spontaneously combusting (looking at you, Samsung Galaxy Note 7), just announced it dropped $21 million to buy 217.18 Bitcoins at an average price of $96,556 per BTC. The result was about as you’d expect—KULR’s stock surged 41%, hitting a record high of $4.80 because appar...
Palantir is having a year… and by year, we’re talking a wet dream inducing 376% surge in its stock price. If you’re thinking the stock might be overvalued, you’re not alone. But there’s a new development that might make you rethink that stance. The data giant, now showing off a market cap of $169 billion, has officially outgrown its scrappy underdog image. It’s stepping directly into the ring with long-time defense veterans like Lockheed Martin and Ray...
Everyone’s comparing today’s AI-driven market to the late ’90s tech boom (because clearly, we didn’t learn our lesson the first time). But instead of debating whether this bubble will pop (and if you should trade your stocks for gold bars and canned beans), let’s talk about one stock that crushed it 20 years ago and might be quietly staging a surprise encore. The same year Brad Pitt’s Fight Club came out, Cisco Systems was the tech world’s rock st...
Looks like Walmart’s been caught with crumbs on its face. Uncle Sam (via the Consumer Financial Protection Bureau) just busted the retail giant for allegedly playing dirty with over a million delivery drivers’ paychecks. The CFPB filed a lawsuit on Monday, claiming Walmart and its partner in crime, Branch Messenger, pulled a fast one on their gig workers by forcing them into shady deposit accounts stuffed with fees, delays, and confusion. “Walmart made false promises, il...
Let’s face it—“return on equity” (ROE) isn’t exactly the kind of phrase that makes you sit up in your chair. It ranks somewhere between “corporate bond yields” and “auditor’s report” in the excitement department. But leave it to Toyota Motor to spin this snooze-worthy finance metric into an absolute BANGER. Shares of TM popped over 8% after the Japanese automaker announced a plan to double its ROE target to a jaw-dropping 20%. Meaning,...
In a move as unexpected as a TikTok sound bite going viral, President-elect Donald Trump has asked the Supreme Court to hit pause on a law that could ban TikTok in the U.S. starting January 19. That’s right—Trump, the same guy who tried to boot the app back in 2020, is now pulling a full 180, claiming he’s got a “warm spot” for the platform. If this isn’t the political equivalent of an influencer’s apology video, I don’t know what is. (Sourc...
Well, look who’s still kicking. Big Lots, the discount store chain that declared bankruptcy back in September, just pulled a rabbit out of its clearance bin. After prepping to close all 963 of its stores (and joining Blockbuster in that great strip mall in the sky), Big Lots announced a new deal that might keep the lights on at a few hundred locations. So, what happened? Big Lots teamed up with Gordon Brothers Retail Partners, a company that specializes in turning sinki...
Palantir is having a year… and by year, we’re talking a wet dream inducing 376% surge in its stock price. If you’re thinking the stock might be overvalued, you’re not alone. But there’s a new development that might make you rethink that stance. The data giant, now showing off a market cap of $169 billion, has officially outgrown its scrappy underdog image. It’s stepping directly into the ring with long-time defense veterans like Lockheed Martin and Ray...
In a move as unexpected as a TikTok sound bite going viral, President-elect Donald Trump has asked the Supreme Court to hit pause on a law that could ban TikTok in the U.S. starting January 19. That’s right—Trump, the same guy who tried to boot the app back in 2020, is now pulling a full 180, claiming he’s got a “warm spot” for the platform. If this isn’t the political equivalent of an influencer’s apology video, I don’t know what is. (Sourc...
Let’s face it—“return on equity” (ROE) isn’t exactly the kind of phrase that makes you sit up in your chair. It ranks somewhere between “corporate bond yields” and “auditor’s report” in the excitement department. But leave it to Toyota Motor to spin this snooze-worthy finance metric into an absolute BANGER. Shares of TM popped over 8% after the Japanese automaker announced a plan to double its ROE target to a jaw-dropping 20%. Meaning,...
Christmas morning usually means the usual suspects: ugly sweaters, absurdly early wake-ups, and me fumbling to assemble my kid’s new toys with zero instructions (because nothing says “holiday cheer” like a quart of eggnog and a dozen leftover screws). But this year, Netflix decided to change things up for me with a little football… and oh boy, did they come in clutch with some great games. Not only did the streamer pull off its first-ever live NFL broadcast on Chr...
Looks like Delta Air Lines has found itself in a little turbulence—again. For the second time in less than a month, an unticketed passenger managed to board one of its flights, raising the question: Is “stowaway” the hottest new trend in 2024 travel? (Source: Giphy) This time, the stowaway issue unfolded on Christmas Eve, when an uninvited guest decided to hitch a ride from Seattle to Honolulu aboard Delta flight 487. The unidentified individual somehow bypassed...
Everyone’s comparing today’s AI-driven market to the late ’90s tech boom (because clearly, we didn’t learn our lesson the first time). But instead of debating whether this bubble will pop (and if you should trade your stocks for gold bars and canned beans), let’s talk about one stock that crushed it 20 years ago and might be quietly staging a surprise encore. The same year Brad Pitt’s Fight Club came out, Cisco Systems was the tech world’s rock st...
Well, well, well… it looks like Dan Ives has been guzzling the Apple-flavored punch… and forget sipping, this guy’s downing it straight from the pitcher. While most Wall Street analysts are playing it safer than Indiana in the College Football Playoff, Wedbush's main man just went full WSB on Apple's stock. My guy just cranked his price target to $325 (forecasting a $25 increase that had Apple stock hitting all-time highs). Let's put this YOLO move i...
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