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AMD CEO Lisa Su: AI is going to be in every aspect of computing
  + stars: | 2024-10-30 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAMD CEO Lisa Su: AI is going to be in every aspect of computingAMD CEO Lisa Su joins 'Squawk on the Street' to discuss the company's quarterly earnings results, the role AI will play in the company's growth, and more.
Persons: Lisa Su
Additionally, Reddit guided for fourth-quarter revenue of between $385 million and $400 million, while analysts had estimated an average of $357.9 million. Josey wrote that Reddit's continued user growth and engagement gains have boosted the company — and should continue to do so. JPMorgan analyst Doug Anmuth raised his price target to $110 from $77, while Bank of America analyst Justin Post lifted his target price to $99 from $84. These updated objectives respectively imply that Reddit stock could rise 35% and 21% from its Tuesday close. Shmulik's $85 price target, raised from $65, is just 4% higher than the stock's Tuesday closing price.
Persons: Reddit, LSEG, Ronald Josey, Josey, Reddit's, Morgan Stanley, Doug Anmuth, Justin Post, Brian Nowak's, Bernstein, Mark Shmulik, Shmulik, Jekyll, Hyde, that's Organizations: Citi, Bank of America, JPMorgan Locations: Reddit, Tuesday's
Reddit reported earnings of 16 cents per share, while analysts surveyed by LSEG had expected a loss of 7 cents. For the period, Garmin posted pro forma earnings of $1.99 per share on $1.59 billion in revenue. Wingstop – Shares fell around 19% after the restaurant chain missed analysts' expectations for the third quarter. Wingstop earned 88 cents per share, while analysts were looking for 95 cents per share, per LSEG. Advanced Micro Devices – Shares tumbled 9.5% after AMD gave guidance for fourth-quarter revenue of $7.5 billion, in line with analysts expectations, per LSEG.
Persons: Reddit, LSEG, EY, FactSet, Eli Lilly, XPO, Shack, Thomas Reeg, Wingstop, Chipotle, StreetAccount, Raymond James, Goldman Sachs, Alex Harring, Samantha Subin, Lisa Kailai Han, Sarah Min, Jesse Pound, Michelle Fox Organizations: Garmin, Caesars Entertainment, Google, Visa, AMD, Bloomberg, Emirates, Wall, Bank of America
Major Wall Street banks remain bullish on Alphabet following the tech titan's strong third-quarter results . On Tuesday, Google's parent company reported earnings of $2.12 per share, while analysts polled by LSEG had predicted $1.85 per share. The company's revenue grew 15% year over year to $88.27 billion, more than the same quarter last year and the $86.30 billion analysts had anticipated. "We think shares could remain choppy as we work through the Search remedies, given the large impact zone, but performance in 3Q was solid." Meanwhile, Goldman Sachs' Eric Sheridan also commended the firm for its strong investment cycle, which includes investments into Google's Cloud infrastructure and more AI deployment through its application ecosystem.
Persons: LSEG, Goldman Sachs, Morgan Stanley, Ross Sandler, Doug Anmuth, Eric Sheridan Organizations: Barclays, Citi, JPMorgan, Bank of America, of America, Google, DOJ
Teri Garr, the Oscar-nominated comedic actor best known for her spirited performances in classics such as "Young Frankenstein," "Close Encounters of the Third Kind" and "Tootsie," died Tuesday in Los Angeles, according to her publicist and friend Heidi Schaeffer. Marty Feldman, Gene Wilder and Teri Garr in "Young Frankenstein." Teri Garr in 1992. "The person I always think of is Teri Garr," Tina Fey was once quoted as saying. "There was a time when Teri Garr was in everything.
Persons: Teri Garr, Oscar, Young, Heidi Schaeffer, Schaeffer, Garr, Johnny Carson, Elvis Presley, Francis Ford Coppola's, Gene Wilder's, Inga, Mel Brooks, Marty Feldman, Gene Wilder, Steven Spielberg, Richard Dreyfuss, Dustin Hoffman's, Martin Scorsese, Robert Altman, Porter, Coppola, Michael Keaton, Lisa Kudrow's, NBC Teri Ann Garr, Jack Nicholson, Garr's, Sonny, Cher, Garr's doggedness, Pauline Kael, there’s, Tina Fey Organizations: Hollywood, NBC, Yorker, CBS, Getty, CNN Locations: Los Angeles, bewilderment, Ohio, New York City
CNN —Shawn Mendes took some time during his concert in Colorado on Monday to address a personal topic. In a video shared widely on social media, the 26-year-old singer took a break during his performance at Red Rocks Amphitheatre to share “the truth” about his sexuality. “I don’t really know sometimes and I know other times. “And that’s all I really want to say about that for now.”In the past, Mendes has dated singer Camila Cabello and Hailey Bieber (prior to her marriage to singer Justin Bieber). His new, self-titled album is being released on November 15.
Persons: CNN — Shawn Mendes, there’s, , , ” “, ” Mendes, Mendes, Camila Cabello, Hailey Bieber, Justin Bieber Organizations: CNN Locations: Colorado
Bottom line The main part of our AMD thesis — fast-growing sales of its MI300 AI chips — is still on track, so we view the post-earnings pullback as a buying opportunity. Given how integral these AI chips are to AMD's growth, we were pleased management on Tuesday night raised its full-year sales projections to exceeding $5 billion. Another factor: AMD's chips passed some performance milestones with customers, Su said. We believe Su's AI roadmap — outlined at its AI event earlier this month — will lead to significant sales growth in 2025 and thereafter. Quarterly commentary Sales in AMD's all-important data-center segment came in $3.55 billion, exceeding estimates and more than doubling year over year.
Persons: We're, Lisa Su, Su, couldn't pare, Jim Cramer, , Jim Cramer's, Jim Organizations: AMD, Nvidia, Intel, Club, Broadcom, ZT Systems, CNBC, Dell Technologies, Microsoft, Meta, Revenue, Visitors, Congress, Nurphoto, Getty Locations: AMD's, , Shanghai, China
CNN —Natasha Rothwell’s characters in “The White Lotus,” “Insecure” and “How to Die Alone” all have one thing in common - the desire to be seen. I get ‘White Lotus,’” she said. And when I got in the car afterwards, I was just sobbing because I think it’s been a long time coming.”Melissa (Natasha Rothwell) and Terrance (KeiLyn Durrel Jones) in a scene from "How to Die Alone." “None of us knew what [“White Lotus”] was going to become, especially me. “Insecure” and the first two seasons of “The White Lotus” are streaming on Max, which is owned by CNN’s parent company.
Persons: Natasha Rothwell’s, , ” Rothwell, bff Kelly, , Belinda, Rothwell, Melissa, Kamala Harris, , Kelly, Natasha, ” Melissa, Natasha Rothwell, Terrance, KeiLyn Durrel Jones, John Medland, Hulu Organizations: CNN, Rothwell, Hulu Locations: Hollywood, Atlanta, Thailand
Tickets for the 2024 World Series between the New York Yankees and Los Angeles Dodgers are among the most expensive in Major League Baseball history – and fans are willing to pay up. Leading up to Game 1 in Los Angeles, the average price for a World Series ticket in the secondary market was $3,887, according to ticket reseller TicketIQ. This year's tournament is on track to be the best-selling World Series in history, StubHub reports. 'Whatever the going rate for my kidney, it's going on the table'LA resident Lisa Altuve, 27, said she's been excitedly waiting to see the Dodgers play in the World Series. "The last time these two teams played in the World Series was the year that I was born, 1981," Posadas added.
Persons: Freddie Freeman, Lisa Altuve, she's, Fernando Valenzuela, Josh Trujillo, Calvin Stovall, Stovall, Riley Reese, Chris Garcia, Del, Garcia, Posadas Organizations: Los Angeles Dodgers, Capital, New York Yankees, Dodger, Major League Baseball, CNBC, Dodgers, Yankees Locations: Los Angeles , California, Los Angeles, New York, Mexican, LA, Florida, Del Posadas
AMD shares are up about 20% so far in 2024, although rivals such as Nvidia and Broadcom have had much greater gains during the same period, driven by the increasing demand for AI chips. AMD is the second-largest vendor of data center graphics processing units, or GPUs, which are used to train and deploy large generative AI models. AMD's AI chips are reported in its data center segment, which more than doubled on an annual basis to $3.5 billion in total sales. Overall data center revenue was up 122% year over year. AMD's gross margin expanded to 54%, which the company said was because of higher data center revenue.
Persons: Lisa Su, Su Organizations: Devices, AMD, Nvidia, Broadcom, Microsoft, Windows, Sony PlayStation
CNN —Teri Garr, an Oscar-nominated actress known for her work in films like “Young Frankenstein,” “Tootsie” and “Mr. Marty Feldman, Cloris Leachman, Gene Wilder and Teri Garr in "Young Frankenstein." Actress Teri Garr was diagnosed with multiple sclerosis in 1999. Throughout the ’90s, Garr appeared in 1991’s “Good & Evil,” 1994’s “Good Advice” and 1995’s “Women of the House.”Garr was known for her slightly addled and zany comic timing, which naturally made her the perfect candidate to play mother to Lisa Kudrow’s Phoebe Buffay on “Friends.” Garr appeared in three episodes total over the third and fourth seasons. Garr’s final credit came in 2011 when she appeared on the TV series “How to Marry a Billionaire.”This is a developing story and will be updated.
Persons: Teri Garr, Oscar, “ Young, , Garr, Marc Gurvitz, ” Garr, there’s, Sonny, Cher, Dick Van Dyke, Bob Newhart, Marty Feldman, Cloris Leachman, Gene Wilder, Inga, Mel Brooks, , Frankenstein, Madeline Kahn, Ronnie Neary, Richard Dreyfuss, Steven Spielberg’s, Dustin Hoffman‘s, Caroline Butler, Mom ”, Michael Keaton, who’s, Lisa Kudrow’s Phoebe Buffay, “ Felicity, Bonnie, Mary McGinnis, Sandy Gordon, Scooby Organizations: CNN, Fox, Everett, Columbia Pictures Industries Locations: Los Angeles, Hollywood
Citi forecasts an expected total return of 33% for the name. Earlier this month, JPMorgan raised its price target on the name to $195, which corresponds to a potential upside of 41% from Monday's close. Citi also highlighted Ally Financial as a stock to buy, and the firm sees an expected total return of 48% for the name. Shane's $40 price target is nearly 14% higher than where shares of Ally closed on Monday. Wlodarczak's $170 price target implies a potential upside of 46% for the stock.
Persons: Russell, Scott Chronert, Said, Matthew Boss, Hollister, Richard Shane, Shane's, Jeffrey Wlodarczak Organizations: Citi, megacap, Federal Reserve, Citi U.S, Abercrombie, Fitch, JPMorgan, Entertainment, Research Locations: Monday's
For the fiscal second quarter, the company posted adjusted earnings of 60 cents per share on $2.76 billion in revenue. Cadence Design Systems – The stock jumped more than 5% after the electronic design company's third-quarter earnings beat Wall Street estimates. JetBlue's third quarter results did beat analyst estimates on the top and bottom lines. PayPal – Shares fell 3% after PayPal posted third-quarter revenue that missed expectations. Crocs – Shares tumbled around 12% despite the company's third-quarter earnings beating estimates.
Persons: Ford, Trex, FactSet, Jim Conroy, John Hazen, Conroy, Crypto, Stocks, Horton, PayPal –, StreetAccount, Crocs, Lisa Kailai Han, Samantha Subin, Jesse Pound, Sarah Min, Pia Singh, Tanaya Macheel, Michelle Fox Theobald Organizations: Corporation, Ford Motors, Cadence, Systems, BP –, Pfizer, Revenue, Ross Stores, JetBlue –, JetBlue, LSEG, Mizuho, PayPal, FactSet, Xerox
Wall Street is in the thick of earnings season, and some companies that have already reported could outperform going forward, Wolfe Research found. Following the bank's latest earnings report on Oct. 15, Wells Fargo reiterated its overweight rating on shares of Goldman Sachs. Shares rallied nearly 18% on Thursday after the health-care company posted earnings and revenue beats. Molina Healthcare earned an adjusted $6.01 per share, while the LSEG consensus estimate called for $5.81 in earnings per share. ServiceNow shares are up more than 35% year to date.
Persons: Wolfe, we're, Goldman Sachs, Wells, Mike Mayo, Molina, ServiceNow, Brad Sills Organizations: Wolfe Research, U.S, Molina Healthcare, . Software, Bank of America
Investors could win big with some of the companies reporting earnings this week that are trading below their fair valuations. About one-third of the S & P 500 , or 154 companies, as well as 10 companies in the Dow Jones Industrial Average , are due to report earnings this week. It is also shaping up to be a big week for companies within the travel, restaurant, energy and pharmaceuticals industries. Ahead of these results, CNBC Pro screened for the stocks reporting this week that are both trading at a discount and favored among Wall Street. The energy company will report earnings next Thursday.
Persons: James Hardiman, TD Cowen, Cowen, Andrew Kligerman, Nicholas Campanella Organizations: Dow Jones, Microsoft, Big Tech, Intel, CNBC Pro, Norwegian Cruise, Citi, Insurance, MetLife, Barclays, D, WEC Locations: Norwegian, Entergy
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. We would be surprised if CEO Lisa Su provided 2025 AI chip sales guidance. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, Lisa Su, Raymond James, George Kurtz, Delta, Stanley Black, Decker, Hubbell, Jim Cramer's, Jim Organizations: CNBC, ., West Texas, AMD, Intel, Air Lines, Microsoft, Atlanta, Ford Motor, Cadence Design Systems, Corp, PayPal, Pfizer, Royal Caribbean Cruises, Jim Cramer's Charitable Locations: Israel, Corning
What's more, the enormous Amazon Web Services cloud services business effectively allows Amazon the leeway to figure out the best path forward in terms of applying AI to the rest of its businesses. At the same time, Amazon's Prime Video platform presents a formidable opponent against Netflix . Wang also said Amazon's Prime membership rolls could benefit from the upcoming holiday shopping season. So Amazon has a little bit of time to get their AI story right," he said. Wang added that investors can expect more insight into Amazon's investments during its December re:Invent conference.
Persons: Ray Wang's, Wang, Amazon's Organizations: Constellation Research, Amazon, Netflix, Microsoft, Google
Robinhood — The fintech stock rose less than 3% after it said Monday that users will have the chance to trade a Kamala Harris or Donald Trump contract ahead of next week's presidential election. ON Semiconductor — The semiconductor product maker rose 5% after third-quarter earnings and revenue topped analyst estimates. Nutanix — The cloud infrastructure stock rose 4% following an upgrade to overweight from equal weight at Morgan Stanley. Moderna — Shares jumped after Moderna and Merck said they initiated a phase 3 trial investigating a treatment for non-small cell lung cancer. Moderna shares advanced 3.9%, while Merck was slightly higher.
Persons: Wells, Steven Cahall, Kamala Harris, Donald Trump, Israel, FactSet, Eugene Hsiao, Wolfe, Roy Jakobs, Nutanix, Morgan Stanley, Meta Marshall, Merck, Timothy Wojs, Aaon, — CNBC's Sean Conlon, Michelle Fox, Alex Harring, Sarah Min, Pia Singh Organizations: Spotify, U.S . Occidental Petroleum, Exxon, BP —, Citi, McDonald's, Taiwan Semiconductor Manufacturing, Huawei, Reuters, The U.S, Delta Air Lines, CrowdStrike, Honeywell —, Philips —, , Moderna, Merck, Baird Locations: China, Atlanta
Spotify — The music platform rose more than 2% after Wells Fargo named Spotify a top stock pick . Analyst Steven Cahall is particularly bullish on the company's rising margins, strong product mix and evolving record label relationships. Boeing — Shares of the planemaker slipped roughly 2% after Boeing launched a stock offering that could raise roughly $19 billion. McDonald's shares dropped more than 7.5% last week, marking its worst weekly performance since 2020. ON Semiconductor — Shares gained more than 3% after the semiconductor product maker posted adjusted earnings per share of 99 cents and revenue of $1.76 billion for the third quarter.
Persons: Wells, Steven Cahall, Kamala Harris, Donald Trump, FactSet, Canaccord Genuity, Nio, CrowdStrike, Sarah Min, Alex Harring, Lisa Kailai Han, Sean Conlon, Michelle Fox Organizations: Spotify, Boeing —, Boeing, Occidental Petroleum, Exxon, BP —, Citi, Exxon Mobil, BP, Taiwan Semiconductor Manufacturing, Huawei, Reuters, The, Delta Air Lines Locations: U.S, China, The U.S, Macquarie
NBC/Getty Images Perry, pictured circa 1985, developed an interest in acting after moving to Los Angeles when he was a teen. Michael Ochs Archives/Moviepix/Getty Images Perry and Christina Applegate were cast in the 1988 made for TV teen movie "Dance 'til Dawn." NBC/Getty Images Perry and Cox appear on "The Tonight Show with Jay Leno" in 1996. NBC/Getty Images Perry co-stars with Salma Hayek in the 1997 romantic comedy film "Fools Rush In." So it’s a thing that helps on these tough days.”‘Cherish every moment’(From left) Matthew Perry and Yvette Nicole Brown on 'The Odd Couple.'
Persons: Matthew Perry, “ It’s, ” Perry’s, Caitlin Morrison, Morrison, Suzanne Morrison, Perry’s, Keith Morrison, , Perry, , ’ ”, Brian Murray, Cara Vaccarino, ‘ He’s, Chandler Bing, Michael Ochs, Christina Applegate, Martha Plimpton, Matt LeBlanc, Lisa Kudrow, David Schwimmer, Courteney Cox, Jennifer Aniston, Cox, Jay Leno, Salma Hayek, Michael Clarke Duncan, Warner, Monica, Danny Feld, Joe Quincy, Amy Stewart, Richard Schiff, Milo O'Shea, Kelly Reilly, Toby Melville, Reuters Perry, Merv Griffin, Jean, Paul Aussenard, LeBlanc, Mark J, Terrill, John Inwood, Zach Braff, John C, McGinley, Mitch Haddad, Amanda Peet, Bruce Willis, Everett, Chris Pizzello, Phil McCarten, Tom Williams, Lindsay Sloane, Michael Yarish, Ted Kennedy, James Corden, Terence Patrick, Julia Weeks, Matt Brennan, Dania Maxwell, Matthew, Oscar Madison, Lisa Kasteler, Doug Chapin –, , Chapin, Kasteler, Matthew hadn’t, he’d, ” Kasteler, I’ll, Kasteler –, Wolf Kasteler, we’re, Yvette Nicole Brown, Monty Brinton, ” castmates, Aniston, castmates, Thomas Lennon, Brown, ‘ Yvette, ” Perry Organizations: CNN, Dateline, Matthew, Matthew Perry Foundation of Canada, NBC, Getty, Michael Ochs Archives, Limelight, ABC, Disney Entertainment, Columbia, Warner Brothers, Bank, Comedy Theatre, Reuters, Merv Griffin Beverly Hills Country, Actors Guild, Guild of America, Los Angeles Dodgers, Capitol, National Association of Drug, Inc, CBS, Los Angeles Times Festival of, Los Angeles Times, Palisades, Los Angeles Medical, Matthew Perry Foundation, National Philanthropic Trust Locations: Los Angeles, Williamstown , Massachusetts, New York City, British, Chicago, London, Canada, California
CNN —With just a few words, Saoirse Ronan summed up a major issue for women. Mescal, who costarred with Redmayne in the 2023 film “Foe,” added his two cents. “Who is actually going to think about that?,” he said. “Saoirse Ronan is a queen,” one person wrote on X. “Men need a reminder what it’s like being a woman so they can appreciate their privilege.
Persons: Saoirse Ronan, Graham Norton, Denzel Washington, Paul Mescal, Eddie Redmayne, Redmayne, ” Redmayne, , I’m, ’ ” Norton, , Ronan, “ Saoirse Ronan Organizations: CNN, Redmayne
As President Joe Biden fought to remain in the presidential race this summer, advisers often argued there existed a “Biden coalition” — a cohort only the incumbent could hold together. A coalition of labor groups targeting union members in battleground states is pointing to Biden’s term in office. Coons noted the vice president has campaigned in Pennsylvania’s biggest cities, but also in places like Wilkes-Barre, Johnstown and Erie to reach the kinds of voters Biden has long considered his base. And for some voters whom Biden won in 2020, the message has shifted away from being about him. The union has held rallies and other organizing events there and in Michigan, Wisconsin and Nevada targeting its own and other union members.
Persons: Joe Biden, , Kamala Harris, Donald Trump, Sen, Bernie Sanders, Trump, Biden, Tim Walz, Harris ’, Biden’s, Walz, ” Walz, Chris Coons, “ Kamala Harris, Harris, Coons, ” Coons, ” Harris, , Randi Weingarten, ” Weingarten, aren’t, , we’ve, “ We’ve, , Harris —, Sanders, Harris “, Shawn Fain, Lisa Blunt Rochester, “ Biden, Harris’s, Andrew Bates Organizations: Biden, Democratic, Harris, Major League Baseball, American Federation of Teachers, Task Force, Organizing, Empowerment, Trump, Republican, Culinary, United Auto Workers Locations: Pennsylvania, Minnesota, Scranton , Pennsylvania, Arizona, Lansing , Michigan, Pennsylvania’s, Wilkes, Barre , Johnstown, Erie, Scranton, Scranton that’s, New Hampshire, Nevada, Michigan, Pittsburgh, LIUNA, Michigan , Wisconsin, Wisconsin, Delaware
CNN —Lizzo has taken a rather silly reference to her on a recent “South Park” episode and elevated it to a hilarious Halloween costume. In her first picture, Lizzo posed in an old-school-style print ad that asked, “Need self love? Lose guilt, gain self confidence.” Her caption for the post read, “Ok Halloween… you can start now.”Subsequent posts included a video snippet showing Lizzo dancing in her costume in front of a cutout of “South Park” character Cartman, as audio from the show’s Ozempic episode played. “Lizzo helps you eat everything you want and keep physical activity to a minimum… Ask about the power of not giving a f**k, with Lizzo,” the commercial adds, along with a series of side effects. Lizzo has long advocated for body positivity and spoken out about the body shaming she faces on social media.
Persons: CNN — Lizzo, Lizzo, Cartman, , Sharon, Sheila, , “ Lizzo, ” “, Trey Parker, Matt Stone, CNN’s Lisa Respers Organizations: CNN, FDA, University of Colorado Boulder Locations: Colorado, Lizzo, CNN’s Lisa Respers France
They Used to Be Ahead in the American Economy. But over 40 years, even as their inflation-adjusted income has remained relatively flat, they’ve fallen well below the average income. But over 40 years, even as their inflation-adjusted income has remained relatively flat, they’ve fallen well below the average income. In the reordering of the U.S. economy since 1980, white men without a degree have been surpassed in income by college-educated women. As the American economy has shifted over the past 40 years away from manufacturing and toward services and “knowledge” work, this less visible hierarchy within the economy has shifted, too.
Persons: Jobs, metalworkers, , , Kathy Cramer, David Autor, Tom Kochan, Susan Houseman, , Lisa Boscola, Arlie Hochschild, , appraisers, Cramer, Scott Paul, who’ve, Stephanie Ternullo, Boscola, they’re, Donald J, Noam Gidron, Trump, Rather, Biden, Kamala Harris, Stefanie Stantcheva, Stantcheva Organizations: University of Wisconsin, Workers, Labor, Upjohn Institute, Employment Research, Democratic, Bethlehem Steel, Berkeley, Alliance for American Manufacturing, Harvard, Electoral College, Democratic Party, Republican, Securities, Bank, Radio, Observers, Mr, Obama Locations: American, U.S, Wisconsin , Michigan, Pennsylvania, M.I.T, Manitowoc County, Wis, Wisconsin, Michigan, , I’m, America, Bethlehem, Pa
Insider Today: Young men's new obsession
  + stars: | 2024-10-26 | by ( Joi-Marie Mckenzie | ) www.businessinsider.com   time to read: +7 min
This week's dispatchThe New York Liberty celebrated their WNBA championship with a victory parade. In June, it was reported that the New York Liberty had the third-highest value in the league ($130 million), and brought in the most revenue last year ($18 million). Wu Tsai made a series of key investments that have paid off. AdvertisementAfter building out a state-of-the-art locker room, Wu Tsai focused on filling out an all-star bench. AdvertisementMore of this week's top reads:The Insider Today team: Dan DeFrancesco, deputy editor and anchor, in New York City.
Persons: , Sarah Stier, it's, they've, Clara Wu Tsai, Joseph Tsai, Wu Tsai, Breanna Stewart, Gris Osses, Edmon De Haro, Elvis Presley's Graceland, Chelsea Jia Feng, Leila Najafi, she's, They're, Valentin Tkach, Josh Hartnett, Tyler Perry's, Bruce Springsteen, Rebecca Zisser, Taylor, she'll, Dan DeFrancesco, Jordan Parker Erb, Lisa Ryan, Amanda Yen, Grace Lett Organizations: Business, Service, New York Liberty, New York, Financial, Minnesota Lynx, WNBA, Liberty, Barclays Center, BI, Warner Bros, Netflix Locations: York, Brooklyn, honeymoons, Canada, New York City, New York, Chicago
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