China Boosts Economy, Metal Producers Rise
China's efforts to stimulate the economy lead to a rise in metal producers; gold futures find support; Fortescue Metals experiences leadership change; black lung disease prevails in coalfields.
Chinese Stocks Surge as Government Takes Steps to Boost Capital Markets
Chinese stocks climb as government reduces stamp duty, restricts new listings, and eases margin rules. Hang Seng Index rises 1%, Alibaba and JD.com gain in local trading.
NextDC Reports Annual Loss on Investment Costs
NextDC, a leading data-center operator, announces annual loss due to investment costs. Despite increased revenue, the company faces setback in profitability. Expansion plans and expansion into international markets are also discussed.
Artificial Intelligence: Then and Now
This article discusses the evolution of artificial intelligence, from its infancy to the remarkable advancements of today's computing power and storage. It also highlights the artistic and ethical implications of AI and the unlikelihood of...
Stocks Rise as Fed Chairman Cautions
Industrial and transportation stocks rise as Federal Reserve Chairman provides reassurance to investors. Detroit automakers approve potential strike measure. JetBlue's merger prospects and potential fare increase. 3M settles corruption prob...
Potential Trouble Ahead for Technology Stocks
Bank of America warns that tightening monetary policy may spell trouble for technology stocks amid excitement over artificial intelligence.
Netflix Stock Upgrade: A Competitive Position on the Rise
Loop Capital analyst upgrades Netflix stock, citing strong competitive position and potential growth. Rivals' pricing strategies and decline of traditional TV contribute to Netflix's advantage. Continued dominance predicted.
Bitcoin and Cryptocurrencies Await Powell's Speech at Jackson Hole
Bitcoin and cryptocurrencies see a decline as investors eagerly anticipate Federal Reserve Chairman Jerome Powell's speech at the Jackson Hole Economic Symposium, with potential impact on risk-sensitive assets. Traders adjust interest rate...
Stock Futures Point Upwards Ahead of Powell Speech
Stock futures indicate positive trend ahead of Powell's speech. Affirm exceeds revenue expectations, Marvell Technology delivers mixed results, Hawaiian Electric faces challenges, Intuit reports strong earnings, Workday exceeds expectations...
A New Era: Trump's Mugshot and the Tradition of Political Scandal in America
Former President Donald Trump's mugshot represents his alleged criminal behavior amid a long-standing tradition of political scandal in America. This article also highlights other politicians who have faced arrests.