TOKYO — Asian stocks were mixed, while South Korea’s Kospi stock index fell 6% on Wednesday, as doubts over massive investments in artificial intelligence once again led investors to dump chipmaker stocks. American futures hardly changed. The latest decline in Seoul was led by a drop in shares of chipmaker SK Hynix after its operating
Shhh…shut up. The stock market is trying to tell us something. The message begins with the chipmaker sector, which saw an electrifying surge of more than 100% in 2026 before hitting a wall in recent weeks. That selloff coincided with a rally in hyperscalers, which have forged a kind of market rivalry with chipmakers. But
Costco isn’t my closest grocery store, but I still make the trip to stock up on essentials. Samina Kalloo I’m a dietician who loves shopping for staples at Costco, even though it’s not my closest grocery store. I’ve found ground turkey to be exceptionally affordable at Costco and I stock up on eggs as well.
Stop me if you’ve heard this before: An AI-linked company crushed earnings forecasts, but investors weren’t impressed and the stock sank anyway. It turns out that the market was more focused on the company’s extravagant spending plans. A tough shot, right? Well, it’s been happening with some regularity, including twice this month. Taiwanese chipmaker TSMC
With Paramount Skydance’s deal to take over Warner Bros. Discovery still pending, WBD CEO David Zaslav continues to cash out his shares in the company he will leave in the coming months. Zaslav filed to sell about 2.18 million shares of Warner Bros. Discovery, valued at $59.47 million, according to an SEC filing on Monday.
IT hedge fund Qube is hiring flesh-and-blood portfolio managers for a new equities unit, according to two people familiar with the company’s plans. The quant giant, which now manages $50 billion across its suite of strategies, is developing a team of portfolio managers who will trade long and short positions across different sectors and report