Fed Chair Powell says US economy strong, inflation positive, allowing time for interest rate cuts
From The National: 2024-04-04 03:00:28 Federal Reserve Chairman Jerome Powell noted the strength of the US economy and positive inflation
Category: Investing
Fed Chair Powell delays rate cuts to monitor inflation, plans for three cuts this year.
From ABC News: 2024-04-04 02:54:24 Fed Chair Jerome Powell stated that the central bank will wait to assess if inflation
SK Hynix investing $3.87 billion in AI facility in Indiana, creating jobs and innovation.
From Nasdaq: 2024-04-03 23:33:14 SK hynix Inc. plans to invest $3.87 billion in West Lafayette, Indiana for an advanced packaging
Paramount in exclusive merger talks with Skydance, who seeks to buy National Amusements
From Investing.com: 2024-04-03 22:46:03 Paramount Global’s board has entered exclusive merger talks with Skydance Media, bypassing a $26 billion offer
Taiwan earthquake disrupts tech supply chain, impacting Apple and Nvidia
From Investing.com: 2024-04-03 21:55:54 Taiwan’s deadly 7.2-magnitude earthquake is set to disrupt tech supply chains, impacting manufacturers like Apple and
Machine vision market expected to reach USD 18.4 billion by 2028, growing at 7.3% CAGR.
From GlobeNewswire: 2024-04-03 21:30:00 The global machine vision market is expected to reach USD 18.4 billion by 2028, growing at
Ulta Beauty experiences Q1 slowdown, shares drop 15%.
April 3, 2024 Ulta Beauty (ULTA), an established beauty products retailer, has observed a slowdown in business in the early
Chinese stocks close lower as Shanghai Composite and CSI300 index drop, Asian markets also down
From Business Recorder: 2024-04-03 19:56:40 China stocks closed lower on Wednesday, with the Shanghai Composite down 0.18% at 3,069.30 points.
Utility stock Constellation Energy Group (CEG) is the 3rd best performer in S&P 500 due to nuclear energy revival
From Nasdaq: 2024-04-03 19:26:21 Nuclear energy is making a strong comeback in 2024, with Constellation Energy Group (CEG) emerging as
Upgrades for CSX and AOL, downgrade for EMC
From Yahoo: 2024-04-03 19:23:42 Today’s news includes upgrades for CSX, AOL, and a downgrade for EMC. Monness Crespi & Hardt
Stocks in Pakistan hit record high due to optimism over government privatization plans
From The News: 2024-04-03 18:27:45 The Pakistan Stock Exchange reached a new record high thanks to optimism after the government
Stocks rise as Powell hints at rate cuts; mixed overseas markets, lower bond yields
From Nasdaq: 2024-04-03 18:08:30 Stock indexes were mixed, with the Dow Jones falling to a 2-week low before recovering on
Arm Holdings stock has surged 66.2% YTD, raising concerns about overvaluation
From Nasdaq: 2024-04-03 17:46:42 1. Demand for AI chips has surged, benefiting Arm Holdings Plc ADR (ARM). The company saw
Tesla stock closed slightly higher, facing analyst downgrade and predicting lower earnings
From Nasdaq: 2024-04-03 17:45:20 Tesla (TSLA) closed at $168.38, up 1.05% from the previous day. The stock dropped 7.81% in
Nvidia stock fell slightly despite market increase, but company is performing well overall
From Nasdaq: 2024-04-03 17:45:20 In the recent trading session, Nvidia’s stock stood at $889.64, showing a -0.55% change from the
Legacy automakers like GM, Ford, and Stellantis are gaining traction in EV market.
From Nasdaq: 2024-04-03 17:00:26 Tesla reported a significant drop in electric car sales in Q1 2024, delivering 386,810 cars, 20%
Amazon is planning workforce downsizing in AWS division to streamline focus for market changes.
From Barchart: 2024-04-03 15:33:15 Amazon Web Services, the cloud computing division of Amazon, is planning workforce downsizing. Layoffs target physical
Google developing new security feature DBSC to prevent cookie theft, enhancing security for users
From Nasdaq: 2024-04-03 15:25:57 Alphabet’s Google is developing a new security feature called DBSC to prevent cookie theft and hacking.
Gmail is blocking legitimate emails from Outlook users, Microsoft provides temporary solution.
From Nasdaq: 2024-04-03 15:22:44 Google has implemented new bulk sender authentication requirements for Gmail, leading to legitimate emails from Microsoft
Global costume jewelry market projected to grow to USD 87.59 billion by 2033
From GlobeNewswire: 2024-04-03 15:00:00 The Global Costume Jewelry Market is projected to grow from USD 44.10 billion in 2023 to
Jerome Powell believes US central bank can wait to cut interest rates
From The National.: 2024-04-03 14:36:05 Federal Reserve Chairman Jerome Powell stated that the US central bank can take its time
Boeing 737 production dropped to single digits due to ongoing 737 MAX issues
From Investing.com: 2024-04-03 14:20:58 Boeing 737 production dropped to single digits in late March, an exclusive report reveals. The aerospace
Fed is considering rate cuts to balance labor market and inflation, aiming for independence.
From AP News: 2024-04-03 14:20:00 Federal Reserve officials are considering reducing their benchmark interest rate as U.S. inflation rose in
Global pay TV market projected to grow from USD 184.5B to USD 213.5B by 2033
From GlobeNewswire: 2024-04-03 14:00:00 The Global Pay TV Market Size is projected to grow from USD 184.5 Billion in 2023
Positive. Good news for Berkshire Hathaway, Procter & Gamble, and Adobe with strong market positions.
From Nasdaq: 2024-04-03 13:59:00 Today’s Zacks Research Daily highlights reports on Berkshire Hathaway Inc. (BRK.B), The Procter & Gamble Company