Posted inEconomy
Anthropic spills the beans on reality of AI, jobs, and the economy
Peter McCrory spent 18 months reviewing Bureau of Labor Statistics data, occupation-level unemployment figures, and…
Posted inEconomy
Rising inflation turns July Fed meeting into rate-hike showdown
The Federal Reserve’s July 28-29 policymaking meeting on interest rates was, frankly, expected to be…
Posted inEconomy
Korea’s chipmakers prepare big U.S. deals in Silicon Valley
Samsung Electronics and SK Hynix are preparing to unveil major supply agreements with American technology…
Posted inEconomy
Nvidia stock is doing something it hasn’t done in years
Nvidia (NVDA) has spent the last three years as the loudest success story in the…
Posted inEconomy
Morgan Stanley strongly resets GE Vernova stock target
GE Vernova (GEV) told investors on July 22 that it plans to build more gas…
Posted inEconomy
Global apparel company sells lingerie brand after sales declines
A global apparel company, continuing a yearslong strategy of streamlining its portfolio, is selling off…
Posted inEconomy
Peter Schiff sees something big in gold and silver
Every market has a job.The bond market's job is to price what a dollar will…
Posted inEconomy
Wall Street’s AI trade faces its biggest valuation test
Alphabet just reported the strongest quarter in Google Cloud's history. Revenue came in at $119.8…
Posted inEconomy
Amazon stock slides as Prime Day data reveals shopper shift ahead of earnings
Amazon created Prime Day to reward its most loyal shoppers.More than a decade later, the…
Posted inEconomy
ServiceNow’s quiet $1B cybersecurity boom
ServiceNow reported second-quarter results the evening of Wednesday, July 22, beating Wall Street’s expectations on…