Memory chip maker Micron Technology Inc. was saved by a boom in data centers, adding to the growth of chip makers as the pandemic forces more companies to expand their cloud computing capabilities. . On Monday, Micron MU, + 1.35% reported better than expected fiscal gains in the second quarter …
Read More »MLB now faces its biggest challenge of 2020: playing during the pandemic
Watching Major League Baseball begin a second “spring” training now, amid growing coronavirus infections in states where hundreds of ball players reside, is like getting on a sailboat just as the outer bands of a hurricane swirl on the horizon. But this is where baseball is right now, and if …
Read More »Are your bank’s stock dividends safe? Stress test results put pressure on future payments
(Update story with comments from James Shanahan, financial services analyst at Edward Jones.) The Federal Reserve on Thursday announced the results of its annual stress tests for 33 large US banks and US subsidiaries of foreign banks. Since the Fed’s “severely adverse scenario” for stress testing was designed in February, …
Read More »Microsoft abandons retail stores destined to compete with Apple: is the Surface line of gadgets next?
Microsoft Corp.’s permanent closure of its retail stores during the global coronavirus pandemic is not surprising given the insignificant amount of revenue the stores contributed to the company, but it may be a sign that the Surface hardware business may be finally chopped. to block. Microsoft MSFT, -2.00% announced on …
Read More »Are your bank’s stock dividends safe? Stress test results put pressure on future payments
(Update story with comments from James Shanahan, financial services analyst at Edward Jones.) The Federal Reserve on Thursday announced the results of its annual stress tests for 33 large US banks and US subsidiaries of foreign banks. Since the Fed’s “severely adverse scenario” for stress testing was designed in February, …
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