Oil traders are not taking the risk of escalation in the Middle East seriously enough as the situation in the region deteriorates by the day,… Read More »These Middle East flashpoints could trigger regional conflict that impacts oil prices
Universal and Illuminations latest animated film centers on a family of ducks who decides to leave the safety of a New England pond for an… Read More »Universal banks on ‘Migration’ to expand its animation lead over Disney
Nike on Thursday unveiled plans to cut costs by about $2 billion over the next three years as it lowered its sales outlook. The stock… Read More »Nike sinks 12% after it slashes sales outlook, unveils $2 billion in cost cuts
Better times may be ahead for energy investors after this year’s declines opened major investment opportunities, and oil prices rebound. West Texas Intermediate futures are… Read More »2024 energy outlook: What investors can expect from crude prices, and how to play it
It’s arguably the biggest stock story of 2023: a small number of giant technology companies now make up a very large part of big indexes like… Read More »Friday’s S&P 500 and Nasdaq-100 rebalance may reflect concerns over concentration risk
Patronus AI co-founders Anand Kannappan and Rebecca Qian Patronus AI Large language models, similar to the one at the heart of ChatGPT, frequently fail to… Read More »GPT and other AI models can’t analyze an SEC filing, researchers find
Hasbro is laying off about 1,100 employees as the toy maker struggles with soft sales that have carried into the holiday shopping season, according to… Read More »Hasbro laying off 1,100 workers as weak toy sales persist into holiday season
The top 10 things to watch Monday, Dec. 11 1. U.S. stocks are muted Monday following last week’s push to a new 52-week high in… Read More »The top 10 things to watch in the stock market Monday
Morgan Housel, author of “The Psychology of Money” and partner at the Collaborative Fund, says no one is crazy when it comes to money. But… Read More »‘Same as ever’: Lessons on wealth, greed and happiness from Morgan Housel
U.S. Federal Reserve Chairman Jerome Powell takes questions from reporters during a press conference after the release of the Fed policy decision to leave interest… Read More »UBS sees a raft of Fed rate cuts next year on the back of a U.S. recession
