As equities try to sustain their weeks-long surge, U.S. stock futures saw minimal movement on Sunday night after the tech-heavy Nasdaq Composite recorded a record-high […]
Category: Latest
Apple scraps its intentions to produce an electric vehicle
Bloomberg reports that Apple is closing its Special Projects Group, which was responsible for developing electric automobiles. With this disclosure, Apple’s covert endeavor to produce […]
“Not in a dream world”: WTO hopes for reasonable results during its conference in Abu Dhabi
Trade ministers from almost every nation in the world gather in Abu Dhabi on Monday for a World Trade Organization meeting with the goal of […]
A positive earnings outlook leads Goldman Sachs to raise its 2024 S&P 500 goal to $5,200
Citing a stronger earnings outlook for index businesses, Goldman Sachs boosted its year-end goal for the benchmark S&P 500, opening a new tab to 5,200, […]
Futures for stocks barely moved following the Dow’s worst session since March 2023.
Tuesday night’s flat closing price for US stocks followed the Dow Jones Industrial Average’s worst drop since March 2023. Dow-linked futures fell 15 points, or […]
Sunday night’s stock futures saw minimal movement following the S&P 500’s record-breaking week
The S&P 500 had a record-breaking week, and on Sunday night, U.S. stock futures were trading close to the flatline. Futures linked to the benchmark […]
According to economist Arthur Laffer, certain nations in this “decade of debt” are headed for “a slow fiscal death.”
With global borrowings reaching a record of $307.4 trillion in September of last year, economist Arthur Laffer has warned that the world faces a debt […]
AI firms saw a $190 billion decline in market value following reports from Microsoft and Alphabet
AI-related businesses had a $190 billion decline in stock market value late on Tuesday following the release of quarterly results by Advanced Micro Devices, Microsoft, […]
Restricting AI could be the “killer use case” for blockchain technology, which powers bitcoin
Executives told CNBC that preventing bias in the data used to train artificial intelligence models might be a “killer use case” for blockchain technology. A […]
Mark Zuckerberg, the CEO of Meta, will step down in a Texas facial recognition lawsuit.
Mark Zuckerberg, the CEO of Meta, is required to participate in a deposition in a Texas lawsuit concerning the company’s face recognition technology. In a […]