Wall Street is concerned about AMD’s profitability despite its high spending. Here’s a roundup of worries

Wall Street is concerned about AMD’s profitability despite its high spending. Here’s a roundup of worries

Analysts across Wall Street remained largely neutral on Advanced Micro Devices despite its latest earnings beat , citing brewing concerns around the chipmaker’s overall profitability. In its fourth quarter, AMD reported earnings of $1.53 per share, exceeding the $1.32 analysts polled by LSEG had penciled in. The firm’s $10.27 billion revenue also came in above…

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Mattel and Alex Aster team up for Barbie young adult novel, ‘Barbie: Dreamscape’

Mattel and Alex Aster team up for Barbie young adult novel, ‘Barbie: Dreamscape’

NEW YORK — The publishing arm of Mattel Inc. is teaming with million-selling novelist Alex Aster on a Barbie young adult novel in which the iconic doll embarks on a journey across “treacherous, magical lands.” “Barbie: Dreamscape,” scheduled for July 28, is the first novel for young adults out of Mattel Publishing since the imprint…

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