by Prime Admin | Feb 6, 2023 | Content, Markets, Technology
More than half of the institutional traders surveyed by global financial services giant JP Morgan said that artificial intelligence and machine learning will be the most influential technology in shaping the future of trading over the next three years—cited four times...
by Prime Admin | Feb 3, 2023 | Markets
Apple (AAPL) CEO Tim Cook and his righthand CFO Luca Maestri channeled their inner Wall Street economist on the tech giant’s earnings call late Thursday, and investors aren’t liking it. Shares of Apple — which had reverted to slightly positive in...
by Prime Admin | Feb 3, 2023 | Content, Markets
Alphabet Inc on Thursday posted fourth-quarter profit and sales short of Wall Street expectations as Google’s advertising clients pulled back spending from a period of pandemic-led excess. Executives of the search and advertising giant adopted a subdued tone on...
by Prime Admin | Feb 2, 2023 | Content, Investment, Markets
A short-term saver? Say thanks to the Federal Reserve. One benefit of the Fed’s interest-rate hikes aimed at wresting control over inflation is that savers looking for a safe investment for a year or less can now get the best yields in ages from Treasury bills, or...
by Prime Admin | Feb 2, 2023 | Content, Exchange, Markets
Japanese automaker Mazda (7261.T) has a small, yet cult-like following here in the U.S. While fans of Mazda enjoy the driver-focused characteristics and sporty handling, there is one one area that the company is lagging: electrification. Though the brand had a strong...
by Prime Admin | Feb 1, 2023 | Exchange, Markets
Holiday earnings will have to greatly exceed expectations for Amazon to reach an annual profit for the year. Amazon.com Inc. is expected to reveal this week its first unprofitable year since 2014 and the worst year for its bottom line since 2000 — and expectations for...
