AppLovin stock soars as company weighs selling apps business, Wall Street applauds strategic shift

AppLovin Inc. shares soared Thursday after Wall Street was supportive of the app-monetization company plan to shift focus to its higher-margin software business and treat its lower-margin app segment like a standalone business, parts of which it could sell following a strategic evaluation. AppLovin APP, + 34.57% shares climbed as much as 46% to an … Read more

Opinion: AMD will finally give investors its data-center data as business soars

Advanced Micro Devices Inc.’s data-center business will finally get its own spotlight. After reporting record sales Tuesday and predicting another record this quarter, AMD AMD, + 1.44% Chief Financial Officer Devinder Kumar said that beginning in the second quarter, the chip maker will delineate sales specifically from the division that has boosted its stock in … Read more

‘We are leading to family strife’: Our father gave equal cash gifts to his 3 children. My siblings took the cash. I took stock. Its value has increased – and now they are crying foul

Dear Quentin, Many years before our father died, he gave my two siblings and me an initial “cash gift” from his estate, the maximum tax-free amount at the time. He was an active investor and offered gifts in the form of stock in exchange for cash. My siblings took the cash and I decided to … Read more

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