Posts with tag: Machine Learning
Despite contrary headwinds, the bull market continues to drive stocks to record highs. Long-term interest rates, Fed rate cut expectations, a strengthening US dollar, and elevated valuations are challenges, but earnings growth remains strong. Key economic data remains positive, including card spending, consumer sentiment, home sales, and wage gains. Surveys suggest cooling growth, but hard economic data remains robust. Analysts expect the US stock market to outperform the economy due to positive operating leverage. Investors should remain aware of risks but focus on the long-term outlook, which remains favorable.
Published on: January 27, 2025, 02:01 AM UTC
Novo Nordisk's stock surged on news of favorable results for its new weight-loss drug, amycretin, which could provide a boost to its obesity pipeline.
Published on: January 24, 2025, 05:04 PM UTC
Chicago Board of Education taps $400 million from credit agreements amid rising costs and dwindling aid.
Published on: January 24, 2025, 04:05 PM UTC
HongShan Capital Group, formerly Sequoia China, to acquire a majority stake in Marshall Group AB, the audio equipment company.
Published on: January 24, 2025, 02:05 PM UTC
President Trump's executive action provides supportive guidelines for the digital asset sector, establishing a working group to advise on crypto policy and promoting the responsible growth of digital assets.
Published on: January 24, 2025, 06:01 AM UTC
President Trump signs executive order on crypto, creating working group for regulation and evaluating national digital asset stockpile.
Published on: January 24, 2025, 12:01 AM UTC
Community West Bancshares (CWBC) reported a fourth-quarter earnings beat on adjusted revenue, missing EPS estimates. Read more
Published on: January 23, 2025, 10:09 PM UTC
Chile, the world's top lithium producer, is opening new areas for mining amid a global glut. Companies have until Jan. 31 to apply for contracts, with the government aiming to boost production under a public-private model.
Published on: January 23, 2025, 04:01 PM UTC
Asian oil refiners are cutting run rates or considering it as the impact of US sanctions on Russia ripple through the market, with Chinese teapots and merchant processors in Singapore and South Korea being the most affected.
Published on: January 23, 2025, 07:00 AM UTC
President Donald Trump has signed a flurry of executive orders in his second term, reversing many of his predecessor Joe Biden's policies on immigration, energy, and diversity. These include pardons for Jan. 6 defendants, a temporary halt to the TikTok ban, and a withdrawal from the Paris Agreement.
Published on: January 22, 2025, 10:04 PM UTC