The debt of some technology behemoths is starting to look enticing after a borrowing binge to bankroll the artificial intelligence buildout battered valuations, according to DoubleLine’s Robert Cohen.
Syndicated via official news feed
Syndicated feed content with full publisher credit.
Continue reading verified coverage and related developments on this desk.
Latest developments and reports from the desk
Lululemon Athletica Inc. lowered its full-year outlook for a second straight quarter, reflecting the deepening challenges incoming Chief Executive Officer Heidi O’Neill will face when she takes over the top job next…
Iraq is in the process of trying to hire multiple tankers to transit the Strait of Hormuz as Baghdad steps up efforts to get its crude to global markets.
Europe's largest carmaker Volkswagen plans to slash an additional 50,000 jobs as it struggles to compete with cheaper Chinese rivals. Melanie Boeff explains. (Source: Bloomberg)