Economic Digest News

“Some readers — and couples — would be grateful to retire on half that amount.”

A T. Rowe Price fund manager thinks the hyperscalers can comfortably fund their investment spending, and moreover, derive high returns on that invested capital with a short payback schedule.

It’s not just American artificial-intelligence companies burning through cash as they roll out ever-more advanced models.

“I would like to offer a piece of advice for women who are or have been married.”

Rock ‘n’ roll legend John Oates, best known as half of the duo Hall & Oates, has sold the Aspen ranch he has owned for 35 years.

Financial market disclosures made by Situational Awareness, the once-soaring hedge fund that had to liquidate its portfolio of stocks, moved a stock on Wednesday.

The AI cloud provider topped revenue and earnings expectations, with its CEO cheering “an important inflection point.”

The company impressed Wall Street several weeks ago by teasing an improved profitability trajectory. Super Micro’s latest forecast has exceeded expectations as well.

Though Lumentum posted blowout earnings and an upbeat forecast, its stock was largely flat after hours.

“I want to make the process as straightforward as possible for my beneficiaries to access the funds.”