Last week closed on a positive note, with two key developments easing concerns about the economy. A strong jobs report helped calm fears of a weakening labor market, while the resolution of the dockworkers’ strike alleviated worries about supply chain disruptions. In addition, oil prices, which had surged early in the…Read more...
Posts published in “Business”
The artificial intelligence boom has sent shares and net worths to new heights this year, meaning some billionaires have only been getting wealthier.Read more...
Gold price retraces after a stronger-than-expected US jobs report hinted that the labor market remains solid and that the Federal Reserve (Fed) will likely ease policy in 25-basis-point (bps) chunks...
United States CFTC S&P 500 NC Net Positions climbed from previous $-35.8K to $7.5K...
Eurozone CFTC EUR NC Net Positions declined to €55.3K from previous €71.7K...
Australia CFTC AUD NC Net Positions: $14.5K vs $-11.2K...
Japan CFTC JPY NC Net Positions down to ¥56.8K from previous ¥66K...
US labor market beats forecasts, easing recession fears and Fed cuts bets, while Middle East tensions weighed on crypto markets...
As cord-cutting continues to rise, one cable company is partnering with streaming platforms in an effort to keep its customers.Read more...
Super Micro Computer (SMCI) is set to undergo a stock split after the market closes on Monday, aligning itself with other prominent AI-driven companies like Nvidia and Broadcom, which also executed stock splits earlier this year. Following the split, the stock will begin trading Tuesday at its adjusted—and…Read more...