Tag: business news
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Chip stock breakout vs the rest of tech showing signs of topping out, says Carter Worth
The Philadelphia Stock Exchange Semiconductor Index finally has recouped all its relative losses to the S&P 500 Information Technology Sector.
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Prediction market firms face growing scrutiny as Congress weighs regulation
Rep. Bryan Steil, R-Wisc., is working on a bill to ban Congress members and their staff from certain bets on prediction markets such as Kalshi and Polymarket.
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Trump wants Bill Pulte to fire big chunk of national intelligence office staff: WSJ
President Trump’s comments are sure to roil members of Congress who criticized the appointment of Bill Pulte as acting national intelligence director.
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Model routing is a fix for AI overspending. That’s a problem for OpenAI and Anthropic
Companies are shifting from running everything on the most powerful AI model to matching each task to the right one, a practice called model routing.
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The gold chart looks precarious. Here’s how to profit
Gold is at a technically precarious juncture, and the good news for you is that options market may be mispricing the risk.
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Odds of a Fed hike this year jump on prediction markets
Following an unexpectedly hot jobs report, prediction market traders see a 52% chance the Federal Reserve increases interest rates this year.
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Boeing to start 737 Max production on new assembly line July 6, CEO says
The new 737 Max final assembly line in Everett, Washington, will serve as a catalyst for increasing Max production to 52 jets per month.
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Broadcom’s guidance sent the stock tumbling this week. A buying opportunity has emerged
Jeff Kilburg breaks down how he’s trading Broadcom after this week’s declines.
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JPMorgan removes sell rating on Tesla after years, says it’s at the ‘forefront of physical AI’
The firm has rated Elon Musk’s electric vehicle company as sell dating back to 2023.
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Robinhood is making a move in prediction markets. Deutsche Bank thinks it could turn the stock around
Robinhood announced Thursday that it was starting to direct some of its event contracts to Rothera.
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