The Artificial Intelligence (AI) Market Could Soar 820% by 2030: 2 AI Growth Stocks to Buy Now and Hold Long-Term
According to Grand View Research, artificial intelligence (AI) spending across hardware, software, and services totaled about $200 billion last year.
Bitcoin Analyst PlanB Predicts 10 Months of ‘Face Melting FOMO’
PlanB’s bull market signal flashed as Bitcoin (BTC) price was trading firmly above the $62,000 mark.
Fed-Favored Inflation Gauge Seen Rising Most in a Year
Underlying U.S. inflation probably rose in January by the most in a year, as tracked by the Federal Reserve’s preferred metric, highlighting the long and bumpy path to taming price pressures.
U.S. Retail Sales Dived, Sinking Treasury Yields, but Initial Jobless Claims Slipped by 8,000
Retail sales badly undershot forecasts, including a dive in sales at nonstore retailers like Amazon (AMZN).
Slower U.S. Inflation Is Set to Fuel Fed Rate-Cut Optimism
The pulse of U.S. inflation likely continued to slow at the start of the year, helping to feed expectations that the Federal Reserve will find interest-rate cuts more palatable in the coming months.
Philippines 2023 GDP Rises 5.6% YoY, Est. +5.5%
The news about the Philippines' 2023 healthy GDP growth despite numerous natural disasters and other challenges in the previous year, could potentially boost the country's stock market by creating a positive economic environment and attracting foreign investors.
Fed to Hold Interest Rates Steady But Start Considering Cuts
The U.S. Federal Reserve yesterday completed its two-day policy meeting and will likely hold interest rates steady for a fourth straight meeting but avoid signaling an imminent interest-rate cut.
Inflation Hotter Than Expected In December—But Core Inflation Falls To 2.5-Year Low
U.S. inflation moderated less than expected last month.
What to Know about Investing in Hydrogen
Hydrogen is an energy source that emits no greenhouse gases when burned.
Yellen Says U.S. Economy is in ‘Soft Landing’
Treasury Secretary Janet Yellen said Friday the U.S. economy is achieving a “soft landing” as inflation continues to ease without showing signs of a significant economic downturn.
U.S. Corporate Bankruptcy Filings Hit the Highest since 2020. More Likely on the Horizon
Investors appear convinced that major Western central banks are close to a much awaited pivot, from raising interest rates to cutting them.
Fed’s Favorite Inflation Gauge Shows Prices Rose at 3.2 Percent Annual Rate in November, Less than Expected
The U.S. core personal consumption expenditures price index, PCE, rose just 0.1% in November and was up 3.2% from a year ago, both close to expectations.
Almost Half of Warren Buffett-led Berkshire Hathaway's $365 Billion Portfolio Is Invested in Only 1 Stock
Scouring Berkshire's equities portfolio for potential investments might be a smart idea for the average investor.
Memecoin Industry Has Exploded, Reaching Marketcap of $23.8 Billion
Memecoins have surged over the past month, adding $6.7 billion, or more than 39%, since November 8.