AMD looks to ‘move fast’ and swipe at Nvidia with its purchase of Silo AI

by OverviewFX | Jul 10, 2024 | Stocks

Acquiring Europe’s largest private AI lab is AMD’s most expensive AI-focused purchase so far.

Oil prices inch higher as crude stockpiles fall for a second straight week

by OverviewFX | Jul 10, 2024 | Stocks

Oil futures headed higher on Wednesday, finding support after official U.S. data revealed a weekly decline in crude inventories for a second week in a row.

Visa and Mastercard shares draw downgrades as BofA analyst breaks from the pack

by OverviewFX | Jul 10, 2024 | Stocks

BofA sees a potentially more volatile regulatory landscape as well as limited valuation upside.

Target won’t take your paper checks anymore, but these major retailers will. The humble check isn’t dead yet.

by OverviewFX | Jul 10, 2024 | Stocks

Target will stop accepting checks July 15, but several major retailers told MarketWatch they still take personal checks.

The Fed said it needs more low-inflation signs to cut interest rates. The CPI might deliver one.

by OverviewFX | Jul 10, 2024 | Stocks

The Federal Reserve isn’t going to cut U.S. interest rates until it gets a few more low inflation readings. It’s likely to get another one on Thursday.

Manchester United’s losses jump and revenue falls with fewer games played

by OverviewFX | Jul 10, 2024 | Stocks

Shares of Manchester United fell Wednesday after the U.K.-based soccer club reported a big jump in fiscal third-quarter losses and a drop in revenue due primarily to fewer games being played.