Matt Smith Photographer / Shutterstock.com The tech sector is an undeniable juggernaut — and it’s only getting bigger. Deborah Perry Piscione knows a lot about money and technology. She started a company called Work3 Institute and thinks about how the government affects businesses. Read More: I’m an Economist: Here Are My Predictions for Inflation If […]
Oil prices (BZ=F, CL=F) have been on the rise this month, as geopolitical tensions and summer demand mount. Wells Fargo senior energy analyst Roger Read joins Morning Brief to give insight into the movement in oil prices and how investors can play the energy sector moving forward. Read explains that the most important factor to […]
Large Chinese firms have accelerated their pace of adopting artificial intelligence (AI) this year, with the number of related contracts surging in the first half, government data show. The number of tender contracts for services involving the use of large language models (LLMs) that found successful bidders more than doubled between the first and second […]
Bitcoin miners are seeing an influx of investor interest following Core Scientific’s AI deal with CoreWeave, the report said. Iris Energy is best positioned to take advantage of the growing HPC/AI opportunity. Investors are waking up to the alternative use cases for mining facilities and the value of power access. The bitcoin {{BTC}} mining sector […]
By Valerie Volcovici WASHINGTON (Reuters) – The U.S. government opened up on Friday competitive bidding that will close on Aug. 26 for $850 million in grants to help small oil and gas producers monitor and reduce methane from their operations, a major part of the Biden administration’s plan to crack down on leaks of the […]
S&P 500, Nasdaq 100 Dip From Record Highs As Investors Take Chipmaker Profits; Energy Sector Rebounds, Yields Rise: What’s Driving Markets Thursday? After the Juneteenth holiday break, Wall Street reopened with a cautious tone, as the S&P 500 and Nasdaq 100 indices declined after hitting all-time highs around midday trading in New York. This decline […]
(Bloomberg) — Citigroup Inc. said artificial intelligence is likely to displace more jobs across the banking industry than in any other sector as the technology is poised to upend consumer finance and makes workers more productive. Most Read from Bloomberg About 54% of jobs across banking have a high potential to be automated, the bank […]
The average price target for Nvidia is actually lower than current levels, likely because analysts haven’t all updated their models in the wake of a frenzied recent rally. – Agence France-Presse/Getty Image Nvidia Corp. shares are up 165% so far this year, but Susquehanna analyst Chris Rolland thinks they can still go much higher. He […]
The biotech stocks get a lot of attention, from both stock analysts and investors, but the companies don’t exist in a vacuum. We are all familiar with their famously high overhead, but we might be less familiar with the companies behind the scenes that streamline the process. CROs, contract research organizations, are firms hired by […]
It’s hard to resist Thailand’s pristine beaches, ancient temples, and lively nightlife. Over the past two decades, those features have lured tourists back to the country after a devastating tsunami, bouts of deadly air pollution, violent street protests, and even military coups temporarily turned them away. But history has not repeated itself after the pandemic. […]
STORY: China’s uncertain economic recovery appears to have hit a few more bumps. Figures out Monday showed activity at factories sputtering. Industrial output grew 5.6% in May – that was down on a month before, and below analyst forecasts. The country’s ailing real estate sector was another drag. Property investment fell over 10% on the […]
China’s housing market continues to face challenges as the country aims to bring its economy back to pre-pandemic levels. The latest industrial output data from China showed that industrial output growth slowed to 5.6% in May, a decline of over 1% from the previous month’s figure. Yahoo Finance’s Seana Smith and Madison Mills break down […]