Content
Tech Sector Resumes Growth Mode
Article By:
Zacks Investment Research
Read
Thursday, March 14, 2024 6:18 AM EDT
As was the case in the preceding two quarters, the Tech sector remains a key growth driver in 2024 Q1. Had it not been for the robust Tech sector earnings growth, total earnings for the rest of the index would be modestly in negative territory.
IKEA Plans Further Reductions In Product Prices In Global Markets
Article By:
EqualOcean
Read
Thursday, March 14, 2024 5:53 AM EDT
In light of cost decreases and slowing inflation, IKEA intends to continue lowering prices to stimulate sales.
Boeing Now The Second-Worst Performer In The S&P 500 YTD, Only Behind Tesla
Article By:
The Tokenist
Read
Wednesday, March 13, 2024 9:43 AM EDT
Tesla and Boeing, once high-flyers, now face significant challenges, becoming the worst and second-worst performers in the S&P 500 year-to-date.
Time Continues To Be On TikTok’s Side
Article By:
AllAboutAlpha
Read
Wednesday, March 13, 2024 8:53 AM EDT
TikTok is making the most of the clock. A new bill introduced in U.S. Congress is seeking to ban the popular social media app but offers up similar solutions to the problem that vexed lawmakers and two presidents for four years.
Amazon Invests $5.3 Billion In Saudi Data Center
Article By:
EqualOcean
Read
Wednesday, March 13, 2024 8:21 AM EDT
Amazon Web Services has recently announced plans to establish a data center in Saudi Arabia. AWS intends to invest over $5.3 billion in the region with the aim to launch an AWS infrastructure region by 2026.
In this article: AMZN
In A Free Market, Drugs Are Cheap, Government Policies Make Them Expensive
Article By:
Dean Baker
Read
Tuesday, March 12, 2024 5:47 AM EDT
We will spend well over $600 billion this year on drugs. These drugs would likely cost less than $100 billion in a free market.
Consumer Price Index
Article By:
Daily Forex
Read
Tuesday, March 12, 2024 5:30 AM EDT
The Consumer Price Index is the most widely monitored and used measure of the inflation rate. It is also sometimes used to measure the efficacy of a country’s economic policy.
Boeing Whistleblower Found Dead In A Truck From "Self-Inflicted Gunshot Wound"
Article By:
Tyler Durden
Read
Tuesday, March 12, 2024 5:17 AM EDT
John Barnett, a former veteran Boeing employee of 32 years, passed away from a self-inflicted wound on March 9, as confirmed by the Charleston County coroner, according to BBC which broke the news on Monday evening.
In this article: BA
Market Briefing For Tuesday, March 12, 2024
Article By:
Gene Inger
Read
Tuesday, March 12, 2024 4:02 AM EDT
There are leveraged players overplaying some of the big stocks; while minor rotation has lifted the slightly-secondary mega-caps. Extended valuations are not a worry it seems.
In this article: BA
Understanding The AI Revolution
Article By:
Mises Institute
Read
Monday, March 11, 2024 8:56 AM EDT
The artificial intelligence revolution is here, and it is bound to change the world as we know it—or so proclaims the hype following the release of OpenAI’s ChatGPT version 3.5 in November 2022, which was only the beginning.
Two Definitions Of Bubbles
Article By:
Scott Sumner
Read
Monday, March 11, 2024 6:05 AM EDT
In a recent post, I pointed out that how we define words doesn’t matter when considering substantive issues. Thus whether addiction is defined as a mental illness should have no bearing on how we treat addiction.
Japan Avoids A Technical Recession, But GDP Disappoints
Article By:
ING Economics
Read
Monday, March 11, 2024 4:58 AM EDT
Japan's fourth quarter GDP was revised up to avoid a technical recession, and yet it still missed market expectations. We believe sluggish private consumption should remain a concern for the BoJ in order to change its policy direction.
Pairs In Focus - USD/CAD, GBP/CHF, Bitcoin, Gold, USD/JPY, NASDAQ 100, AUD/USD, WTI Crude Oil
Article By:
Christopher Lewis
Read
Sunday, March 10, 2024 9:16 AM EDT
Crude Oil eyes $80 level, AUD/USD tests 0.6650. Nasdaq 100 rebounds, USD/JPY drops on rate cut hints. Gold surges, Bitcoin remains bullish. GBP/CHF approaches 1.15, USD/CAD stays in consolidation.
Why The Survival And Dominance Of Car Manufacturers Is Far From Certain
Article By:
Vitaliy Katsenelson
Read
Sunday, March 10, 2024 7:03 AM EDT
Today EV sales account for a tiny rounding error of total global car sales. Let’s mentally transport ourselves to the late 1800s when the streets were still busy with horse-drawn carriages and the occasional passing automobile scared a horse or two.
