Marvell is boosting its forecasts, but that’s not enough to lift its stock

The second Trump administration has signaled occasional hostility to Europeans and the European Union in ways unprecedented in American government practice since the beginnings of European integration in the 1950s. At the same time, the European Union has embarked on new initiatives that express unity and clarity of purpose, such as a $100 billion commitment…

US stock valuations are approaching levels last seen during the dot-com bubble. Investors argue this time is different because of AI. But that is exactly what investors said about the internet in 1999. Nothing illustrates today’s optimism better than the SpaceX IPO.At launch SpaceX was valuing itself at $2 trillion. This means a valuation of …

Private credit firms can still whiff if algorithms do the work, but the onus is on them. Lenders are leaning on artificial intelligence to score borrowers, monitor portfolios, and automate workflows that once took analysts weeks. Momentum is only building: More than half of private credit portfolio managers—54%—plan to deploy AI in underwriting, according to…

We develop a theory of firm wage dynamics that integrates the canonical wage-posting model à la Burdett and Mortensen (1998) with firm dynamics. Firms offer dynamic wage contracts under an equal-treatment constraint in the presence of search frictions. We provide an analytical characterization of equilibrium wage contracts and firm growth as functions only of the…

Shares of Advanced Micro Devices (AMD +4.91%) climbed on Tuesday, following the release of a highly bullish research report. The semiconductor leader is set to deliver even more gains to its shareholders, according to a respected Wall Street analyst. Image source: Getty Images. Riding the AI agent wave Raymond James analyst Simon Leopold upgraded AMD’s…