Author: arthursheikin@gmail.com

[ad_1] The struggling coal industry’s outlook is improving on growing U.S. power demand in part from artificial intelligence data centers, according to Jefferies. Long viewed as part of the “old economy,” coal is now exacting revenge by taking market share from fuels like natural gas that displaced it, Jefferies analysts told clients in a Thursday note. Thermal coal demand has increased 15% over last year, according to the firm. Jefferies upgraded Core Natural Resources to buy and increased its price target by 40% to $125 per share. The new target suggests 28% upside from Thursday’s close. It also bumped its…

[ad_1] Rishi Sunak, who served as the United Kingdom’s prime minister from 2022 to 2024, has taken on senior advisory roles at Microsoft and Anthropic, The Guardian reports.   Letters from the Parliament’s office of the Advisory Committee on Business Appointments (Acoba) disclosing Sunak’s appointments revealed concerns that the ex-Conservative PM’s privileged information could “grant Microsoft an unfair advantage.”   Sunak has some history with Microsoft, which has several active contracts with British government departments. In 2023, he unveiled a £2.5 billion deal with Microsoft to invest in new data centers and training in the U.K. Acoba also noted that “there is a reasonable concern that your appointment could…

[ad_1] Lisa Su, the CEO of Advanced Micro Devices, has built one of the world’s most valuable companies and made investors billions — but is barely a billionaire herself.She has delivered a 70-fold increase in her company’s stock price during her 11 years in charge, including a 41% surge this week to fresh highs thanks to its OpenAI partnership. The chipmaker’s market value has soared to $378 billion, surpassing Home Depot, Bank of America, and Procter & Gamble.Yet Su doesn’t rank among the world’s 500 richest people, per the Bloomberg Billionaires Index. Forbes puts her net worth at $1.5 billion…

[ad_1] BMO Capital Markets is optimistic on Weatherford International going forward. The bank initiated the energy services stock at an outperform rating and set a price target of $82. This implies a potential upside of 27% from Thursday close. Shares of Weatherford have slipped 10% this year. While it has recovered from its lows of the year, analyst Phillip Jungwirth wrote that he still views the stock as attractively valued. Indeed, the stock trades at a forward price-to-earnings multiple of 12.4, well below the S & P 500’s 25. WFRD YTD mountain WFRD YTD chart Jungwirth pointed to Weatherford’s strong…

[ad_1] Famed roboticist and iRobot founder Rodney Brooks has sounded the alarm on a humanoid robot investment bubble. He’s not the only one. In a recent essay, Brooks calls out the billions of venture dollars being poured into humanoid robot companies like Figure. His take: despite the amount of money being injected into the industry, humanoids won’t be able to learn dexterity — or the fine motor movements with hands– rendering them essentially useless. His take might surprise some, especially those VCs investing in the sector. But not to the multiple robotics-focused VCs and AI scientists, who have told TechCrunch…

[ad_1] 2025-10-10T12:23:01Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. ChatGPT has been the most downloaded app across app stores for seven months through September. The AI chatbot’s app has been downloaded 411 million times this year, according to data from Appfigures. Business Insider is keeping tabs on the biggest numbers driving OpenAI news. Check back daily for…

[ad_1] Here are Friday’s biggest calls on Wall Street: Wells Fargo reiterates Tesla as underweight Wells said Tesla shares are overvalued. “Remain UW; Too Much ‘Hype’ Baked In.” Mizuho initiates Viking Holdings as underperform Mizuho said the competition is too tough right now for Viking. “We’d Book the Cruise, Not the Stock; Risk/Reward Skewed: Initiating Underperform.” Morgan Stanley reiterates Nvidia as overweight Morgan Stanley said it’s sticking with Nvidia. “Our thoughts on the stock: We remain positive on the short- and long-term outlook here, and while the market is more optimistic now vs. 3-6 months ago, we still see the…

[ad_1] Citi is buying the dip here on Oracle stock. Analyst Tyler Radke raised his target price on the stock to $415 per share from $395. This new forecast implies an upside of nearly 40% ahead. He also reiterated his buy rating on the software giant. Oracle shares have seen some turbulence of late, losing nearly 10% in the past month amid concerns over the stability of the artificial intelligence trade. Still, Radke believes that growing demand for artificial intelligence infrastructure within Oracle’s cloud business could continue to drive the stock higher. ORCL 1M mountain ORCL 1-mo chart “After a…

[ad_1] Stocks that could rise on the back of their next earnings results include Hershey and Wynn Resorts , according to Goldman Sachs. The third-quarter earnings season commences next week with gusto, with major banks such as JPMorgan, Goldman Sachs, Morgan Stanley, Citibank and Wells Fargo on the docket to report. Around 7% of the S & P 500 — or 34 companies in the benchmark — will post their most recent quarterly results, per FactSet. As earnings season kicks off, Goldman Sachs shared a basket of stocks that have the most potential to see upward revisions. These new estimates…

[ad_1] Economist and former central banker David McWilliams doesn’t mince words about the world younger generations have inherited.”What you have here in the United States is a system rigged against the average person,” he said on the “That One Time with Adam Metwally” podcast on Tuesday.The issue is particularly acute among those starting out without wealth or time on their side.He said that Generation X and baby boomers have committed “a societal crime” against Gen Z and millennials by breaking the housing-led path to social mobility that once allowed ordinary people to build wealth.That shift, he said, has left younger…