Tag: world affairs

Posts with tag: world affairs

Latest Posts

Bill Gates Reveals Trying Acid and Microsoft's AI Focus in New Book

Microsoft co-founder Bill Gates discusses his early life, drug use, the success of Microsoft, and the future of AI in conversation with Yahoo Finance's Brian Sozzi.

Money Market Account Interest Rates Today: Find the Best Rates and Banks

Compare the best money market account rates today to earn more on your savings. The national average rate is 0.64%, but top accounts offer over 4% APY.

US Stock Futures Rise on Earnings, Inflation

US stock futures rise as Apple earnings impress, inflation gauge meets expectations. Investors await tariff deadline, inflation report.

Australia Core Inflation Slows, Boosting Case for Rate Cut

Australia's core inflation cooled more than expected in Q4 2024, increasing the likelihood of an interest rate cut in February. The trimmed mean gauge rose 3.2%, opening the door to a potential rate reduction as early as next month.

Freeland: Canada Can Help Trump Reshape Global Trade, Counter China

Chrystia Freeland, Canada's candidate for prime minister, suggests collaborating with the US to reshape global trade and lessen China's dominance while standing up to President Trump's administration.

Tesla's AI Potential Offsets Post-Election Dip

Tesla rally expected to resume as analysts focus on AI potential and optimistic about Q4 earnings.

U.S. Stocks Continue Growth with S&P 500 Reaching New Highs

US stocks closed higher on Thursday, with the S&P 500 (^GSPC) hitting a fresh record close, as investors digested remarks from President Donald Trump at the World Economic Forum in Davos. The Nasdaq Composite (^IXIC) also ended in the green, recovering from earlier losses. Nvidia (NVDA) shares closed flat after its supplier SK Hynix flagged uncertainty about chip demand this year, weighing on other related stocks throughout the session. Investors remain focused on earnings after Netflix (NFLX) set the stage for next week's Big Tech flurry. Meanwhile, President Trump's Davos speech is in focus for insights into his trade policy.

Costco Shareholders Reject Anti-DEI Proposal

Costco shareholders overwhelmingly rejected a proposal to investigate the business risks of diversity initiatives, highlighting the growing debate over DEI in corporate America. Despite conservative arguments against DEI, companies like Costco and Apple defend their diversity programs as essential for innovation and business success.

CNN to Lay Off 6% of Workforce, Invest $70 Million in Digital Transformation

CNN is laying off 6% of its workforce (around 200 staffers) to invest in its digital transformation, including a new streaming service, website refresh, and focus on digital ads.

Correlations Don't Help Investors Predictably Time the Market

Charts offer a convenient method for analysts to assess the relationship between two variables by plotting a sample as scatterplots and carrying out a linear regression analysis. Through this process, a line of best fit is established, and the R-squared value is computed. This value reflects the extent to which the line captures the relationship between the variables. The R-squared value indicates the degree to which changes in one variable predict changes in the other variable. While some analyses yield high R-squared values (e.g., stock prices versus earnings), others may show low values, as we will demonstrate below. Statistical analyses like these are crucial for market analysis because they reveal that intuitive assumptions about the relationship between variables may not always align with actual observations.