Tag: business news
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Goldman says investors are looking for ‘profitable’ Chinese business growth overseas
Sluggish consumer demand in China has pushed many companies, such as electric car brands, to accelerate plans for entering other countries.
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Anthropic urges court in Washington, D.C. to rehear appeal of Pentagon blacklisting
Anthropic is asking a federal court in Washington, D.C. to rehear its appeal in a case concerning the Pentagon’s blacklisting of the company’s AI models.
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FBI arrests Saudi OpenAI employee who allegedly planted recording device in conference room
The Tuesday incident comes as the ChatGPT-maker, along with competitors, faces heightened scrutiny over its safety practices.
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Mastercard is up 8 days in a row. The charts indicate the run isn’t over
Mastercard shares have been on a tear. The stock is up eight days in a row and is just now ticking to an all-time high.
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Williams says Fed may not have to hike rates in 2027, at odds with traders
New York Fed President John Williams sees one more rate hike in 2026 but no additional increase in 2027 as inflation pressures ease.
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I was one of the biggest shareholders in this tech stock in the 1990s. I’m bullish again because of AI
Flex plans to spin off Axiom, its AI infrastructure business, in 2027. Paul Meeks sees upside as data center power demand grows.
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When will bonds get so attractive that investors can’t resist? Survey says 6% 10-year yield
Bank of America’s October survey found 6% is the key 10-year Treasury yield level that could prompt investors to shift from stocks to bonds
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We’re adding to a consumer staples stock in advance of a big catalyst
We see this company’s pending merger as a potential for cost savings, incremental revenue synergies, and increased scale.
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AI companion startup Character.ai files for Chapter 11 bankruptcy, citing costs and litigation
The company said the platform became “costly to develop and grow,” in Monday filings to the Delaware District bankruptcy court.
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Huge profits at tech and energy companies are masking this key trend
Despite the uneven start to the reporting period, FactSet data shows year-on-year S&P 500 earnings growth is still tracking at nearly 30%.
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