Newsfeeds Archive - Page 131 of 150

2 minute read

Analyst Labels AI As ‘Infant Bubble,’ Warns Federal Action Could Burst It: 3 Investor Lessons From Dot-Com Collapse

May 19, 9:40 AM

Bank of America's chief investment strategist Michael Hartnett called the AI a "baby bubble" with inflationary effects for the economy in his most recent 'The Flow Show' report.

AMD

2 minute read

Biden, G7 Leaders To Discuss Ukraine War, Taiwan, North Korea Nuclear Threat, AI And More At Meeting In Hiroshima

By Piero Cingari

May 18, 4:25 PM

The G7 summit, held this year in the city of Hiroshima in Japan, will focus on strengthening Western nations' unity and cooperation against global geopolitical challenges.

DXJ

2 minute read

Four Charts Of Must-See Large Cap Stocks That Have Already Doubled In 2023

By Piero Cingari

May 18, 12:31 PM

The stock prices of four large-cap U.S. companies have doubled so far this year, marking mind-boggling performances for such a short timeframe and substantially outperforming the broader stock market, according to Benzinga Pro data.

DKNG

2 minute read

Traders Raise Bets On June Interest Rate Hike As Fed Officials Hints ‘We Are Not There Yet’: Dollar Strengthens, Treasury Yields Jump

By Piero Cingari

May 18, 10:53 AM

Dallas Fed President Lorie Logan said Thursday that current data does not support a pause in interest rate hikes yet, leading market expectations for a Fed hike in June to increase again.

UUP

1 minute read

Weekly Jobless Claims Decline, Signaling Steady Labor Market Conditions

By Piero Cingari

May 18, 8:44 AM

The number of Americans registering for unemployment benefits in the week ending May 13 declined by 22,000 to 242,000, below the expected 254,000, the U.S. Labor Department reported Thursday.

SPY

2 minute read

Democrats Call On Biden To Invoke 14th Amendment For Last-Minute Debt Ceiling Hike: Is It Within Presidential Power?

By Piero Cingari

May 17, 4:48 PM

A group of Democratic Senators plans to urge President Joe Biden to invoke the 14th Amendment in order to address the debt ceiling crisis.

GOVT

2 minute read

Oil Stocks Surge As Crude Prices Jump 3.4%; Energy Market Flashes Positive Signals

By Piero Cingari

May 17, 3:45 PM

U.S.

CVX

2 minute read

Biden Says US Will Not Default Before Leaving For G7 Meeting; GOP Senator Says White House Playing ‘Russian Roulette’ With Economy

By Piero Cingari

May 17, 12:18 PM

The U.S. will not default on its debt as it faces a deadline to increase its borrowing limit and will not default in the future, President Joe Biden said in a White House speech Wednesday before departing for a G7 meeting in Japan.

SPY