Wall Street loves artificial intelligence companies, but has the romance gone too far, too soon? Plus, regional banks are vulnerable to the state of commercial real estate.
Some types of CRE are hurting more than others. A steep downturn could cause pain to regional banks as well as property owners.
For restaurants and retailers in particular, it can lead to something the Federal Reserve’s Beige Book calls “lumpy” pricing.
In the 1990s, Wall Street was very enthusiastic about the internet — and lost a ton of money because of that enthusiasm.
The rise of online ordering drives restaurant chains to build more drive-thrus, but traffic and walkability concerns have led to bans.
Netflix has bought game studios and made other investments, but it’s playing at a “high-stakes table” with deep-pocketed competitors.
States are making tax-break offers that producers can’t refuse.