With so much of the business media ecosystem focused solely on artificial intelligence, it was practically inevitable that the Solactive US AI & Big Data Index would rank among the most heavily watched benchmarks. Fundamentally, generative AI and deep learning…
Good Morning Traders! Today the market digests yesterday's FOMC rate decision where the Fed delivered a 25 basis point cut that was widely anticipated, but the tone of the statement and Powell's comments introduced a new layer of nuance. There…
Easily one of the top-performing publicly traded enterprises this year, big data analytics specialist Palantir Technologies Inc. (NASDAQ:PLTR) continues to climb a wall of worries, despite growing anxieties regarding a brewing bubble in artificial intelligence. Since the start of the…
Pershing Square CEO Bill Ackman pushed back against Tucker Carlson's latest jabs, noting they’ve spoken only twice since the defamation case and that the conservative media personality never corrected false claims. Ackman’s Allegations Against Carlson The billionaire investor claimed that…
American Bitcoin Corp. (NASDAQ:ABTC) may have been encountering heavy sell-offs lately, but a Roth Capital analyst painted a more than 100% upside for the stock on Wednesday. ‘Buy’ Rating For American Bitcoin Roth Capital analyst Darren Aftahi initiated coverage of ABTC…
Claudia Sahm, a former economist at the Federal Reserve, has issued a stark warning about the potential consequences of the Fed’s future rate cuts. Fed Cuts May Signal Economic Weakness Sahm, a prominent figure in the financial world, cautioned that…
U.S. nuclear-capable strategic bombers flew over the Sea of Japan with Japanese fighter jets on Wednesday, Tokyo’s defense ministry announced Thursday. Following Chinese and Russian military exercises near Japan, two B-52 bombers flew in formation with six Japanese jets in…
The U.S. House of Representatives has approved a comprehensive defense policy bill, authorizing a staggering $900 billion for military programs, including provisions for a pay raise for troops, among others. Pay Hikes, Troop Mandates The House passed the National Defense Authorization Act…
On Wednesday, Sen. Bernie Sanders (I-Vt.) escalated his criticism of Big Tech's energy demands, warning that Meta Platforms Inc.'s (NASDAQ:META) planned Louisiana data center could consume electricity at a scale that outstrips entire U.S. cities while leaving ordinary taxpayers to…
President Donald Trump has once again targeted CNN, suggesting on Wednesday that the news network should be sold as part of the ongoing deal involving its parent company Warner Bros. Discovery (NASDAQ:WBD). Trump Attacks CNN Again “I think the people that have run CNN for the last…