Content
Memory Companies Are Having A Bad Year, But An AI Silver Lining Emerges
Article By:
The Tokenist
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Monday, October 16, 2023 11:13 AM EDT
Shares of memory chip manufacturers like Samsung could witness a fresh surge next year as the AI boom unlocks a new growth venue. The demand for HBM chips is projected to surge by 60% year-over-year in 2023 and by an additional 30% next year.
Red Alert For Russell 2000 As The Ratio With Nasdaq 100 Index Jumps
A Tesla Death Cross Appears As Investors Brace For Q3 Earnings
Article By:
The Tokenist
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Monday, October 16, 2023 9:23 AM EDT
Shares of Tesla could take a hit in the coming days as several analysts expect the carmaker to report significantly lower earnings per share and margins due to a series of price cuts the company imposed throughout the year.
In this article: TSLA
China's First Hydrogen-Powered Ship Embarks On Its Maiden Voyage
Article By:
EqualOcean
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Monday, October 16, 2023 5:57 AM EDT
On October 11, China's first hydrogen fuel-powered ship, the "Three Gorges Hydrogen Boat No. 1", set sail from the Three Gorges Tourist Center located at the Ninth Wharf in Wujiagang District, Yichang City.
Imagine Intelligent Money
Article By:
Chris Skinner
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Monday, October 16, 2023 5:09 AM EDT
I was talking about the vision of AI integrated with finance through APIs today. The vision is one where every transaction can be displayed through your devices via your apps. It’s the apps, API, AI economy.
Second Largest US Lab-Grown Diamond Producer Goes Bust
Article By:
Tyler Durden
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Sunday, October 15, 2023 7:20 PM EDT
The second-largest US producer of lab-grown diamonds has filed for bankruptcy amid a massive glut of fabricated gemstones and plunging prices.
Weekly Commentary: Most Dangerous Time
Article By:
Doug Noland
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Sunday, October 15, 2023 11:00 AM EDT
Perhaps it goes back to a passage I recall reading years ago that recounted the 1929 experience: “Everyone was determined to hold their ground. But the ground gave way.”
Inversions, Bear Steepening Dis-Inversions, And Recessions
Article By:
Menzie Chinn
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Sunday, October 15, 2023 10:30 AM EDT
Does it matter if spreads are dis-inverting because short yields are falling, or long yields are rising? MacKenzie and McCormick (Bloomberg) say yes. With long yields rising…
SBF - Sweaters, Birkenstock, FTX
Podcast By:
Felix Salmon
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Sunday, October 15, 2023 10:00 AM EDT
Felix Salmon, Elizabeth Spiers and Emily Peck talk about the latest in the Sam Bankman-Fried trial. They also discuss the, maybe bad???, Birkenstock IPO, and why your sweaters are getting worse.
In this podcast: FTT-X
Poland’s Balance Of Payments Data Disappoints
Article By:
ING Economics
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Sunday, October 15, 2023 3:46 AM EDT
Today's data is moderately negative for the zloty, as the markedly weaker-than-consensus results are related to the downward revision of historical data, but overall the current account remains close to balance.
Week In Review: Two China Biopharmas Announce Billion Dollar Deals
Article By:
ChinaBio® Today
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Saturday, October 14, 2023 12:59 PM EDT
MediLink Therapeutics out-licensed global rights for its antibody-drug conjugate candidate to BioNTech in a $1.1 billion agreement. Meanwhile, BioMap formed a collaboration with Sanofi in a deal with potential value of more than $1 billion.
Volkswagen EV Sales In China Surge 90%, Despite Overall Sales Slumping
Article By:
Tyler Durden
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Saturday, October 14, 2023 12:19 PM EDT
In the third quarter, Volkswagen AG saw a robust increase in sales in Europe and North America, which helped counterbalance a decline in the Chinese market. The automaker saw its Chinese deliveries fall 5.8% during Q3.
Thoughts For Thursday: Market Expectation - No Change In Fed Funds Rate
Article By:
TalkMarkets DailyTalk
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Thursday, October 12, 2023 6:08 AM EDT
The escalating conflict in the Middle East, the release of September CPI data and the House vote for Steve Scalise as Speaker are just 3 items, awaiting investors at today's market open.
AI And The Economy: Better Marketing And Sales Good For Consumers But Not Statistics
Article By:
Bill Conerly
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Thursday, October 12, 2023 5:00 AM EDT
The use of AI in marketing and sales will improve consumer satisfaction, with lower prices, but will not stimulate total consumer spending.
Wall Street Applauds Exxon's Transformational "Home Run" Deal
Article By:
Tyler Durden
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Wednesday, October 11, 2023 2:14 PM EDT
Exxon Mobil shares have dropped as much as 5% after agreeing to buy Pioneer Natural Resources for $59.5 billion in an all-stock deal that Wall Street said offers not only cost-savings for Exxon, but makes the company the undisputed US shale king.
