Darktrace: AI Cybersecurity Leader With Thrilling Financials
Darktrace was founded by Cyber Defense experts at the University of Cambridge and British Intelligence agencies in 2013.
Can Higher Interest Rates Be Good for Consumers?
The Federal Reserve's strongest weapon in its fight against skyrocketing inflation is raising interest rates.
Fed Hikes its Benchmark Interest Rate by 0.75 Percentage Point, the Biggest Increase Since 1994
U.S. stocks soared Wednesday after the Federal Reserve approved its biggest interest-rate increase since 1994 but suggested moves of that scale likely wouldn’t become common.
'Delusional': UN Chief Slams New Fossil Fuel Funding and Warns of Climate Chaos
The U.N. Secretary General has slammed new funding for fossil fuel exploration, describing it as "delusional" and calling for an abandonment of fossil fuel finance.
China Weighs Reviving Jack Ma’s Ant IPO as Crackdown Eases
Chinese financial regulators have started early stage discussions on a potential revival of Ant Group Co.’s IPO,
Why Advanced Micro Devices Rose 19.1% in May
Advanced Micro Devices’s high-performance computing and visualization products help gamers get the most from their favorite titles, and over the past five years, the most out of investors' portfolios.
Fed Starts Experiment of Tackling $8.9 Trillion Portfolio to Shrink
According to Bloomberg, the U.S. Federal Reserve is about to start shrinking its $8.9 trillion balance sheet, deploying a second tool alongside higher interest rates to curb inflation, though officials don’t know just how effective it will be.
Lululemon: Premium Brand, Premium Priced
For consumer discretionary products, brand equity is the key to gain multiple benefits such as pricing power, worth-of-mouth marketing and sales volume.
The Federal Reserve Means Business when it Comes to Tightening Monetary Policy
After raising its benchmark interest rate by half a percentage point earlier this month
Tesla Drops To Number 2: Is Cathie Wood's Ark Invest Losing Confidence In Its Favorite Stock?
Tesla (TSLA) stock has been going downhill since peaking in early November 2021.
77% of Investment Fund Managers See Slowing Growth and High Inflation Taking Hold Over the Next Year
With a gallon of milk up about 25% since before the pandemic, and retail bacon 35% higher, it’s hard to imagine how US food inflation could get any worse.
India, Second-Largest Wheat Producer, Bans Exports amid Food Supply Concerns
India, the second-largest producer of wheat, has banned exports of the commodity, due to a risk to its food security.
Shares Churn, Close Down; Yields Fall after U.S. Inflation Data
Wall Street stocks closed sharply lower and Treasury yields fell in Wednesday's volatile session as oil prices rallied and investors worried about the potential for an economic slowdown.
Billions in Wrong-Way ETF Bets Placed Just Before Thursday Rout
According to Bloomberg, in the three days through Wednesday last week before market crash on Fed policy statements began, investors infused $426 million to the ProShares UltraPro QQQ ETF (ticker TQQQ), a leveraged product that delivers three-times the return of the Nasdaq 100 Index.