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Category: Economy

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Latest News (18334 articles)

Economy Bloomberg
161d ago
AWS Outage Exposes Cracks in Amazon’s Cloud Lead

Amazon invented the cloud business with Amazon Web Services, but its recent massive outage and news that startup Anthropic chose …

Amazon's cloud dominance is being questioned after a massive outage and a major client choosing … High (70%)
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Bloomberg
Economy Bloomberg
161d ago
Mistral Launches Platform for Improved Enterprise AI

European AI startup Mistral is launching a platform to help businesses build and deploy custom AI tools. Mistral CEO Arthur …

Mistral, a European AI startup, is launching a platform to aid businesses in building and … High (80%)
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Bloomberg
Economy Bloomberg
161d ago
Ned Davis Research Grows Wary on US Stocks Versus Rest of World

With the S&P 500 Index breaking out to record highs, at least one firm is advising its clients to reduce …

Ned Davis Research is advising clients to reduce US stock exposure and seek international bargains … High (80%)
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Bloomberg
Economy Bloomberg
161d ago
White House Says October Price Data Unlikely to Be Released

Heather Boushey, former deputy director of the White House Council of Economic Advisers during the Biden administration, said economists are …

The White House has announced that it will not release key economic data for October, … High (80%)
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Bloomberg
Economy Bloomberg
161d ago
Signs of Stress in Consumers, Says Metlife's Drew Matus

US consumer sentiment fell in October to a five-month low, as worries persisted about stubbornly high prices and the impact …

US consumer sentiment fell to a five-month low in October due to concerns over high … High (85%)
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Bloomberg
Economy Bloomberg
161d ago
Newmont Said to Eye Deal for Barrick’s Prized Nevada Assets

Newmont Corp. is studying a potential deal to gain control of Canadian rival Barrick Mining Corp.’s prized Nevada gold assets, …

Newmont Corp. is reportedly considering a deal to acquire Barrick Mining Corp.'s Nevada gold assets, … High (80%)
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Bloomberg
Economy Bloomberg
161d ago
Recent Collapses, Maturity Wall Possible Credit Concerns

Bank and private credit chiefs have pointed fingers at each other in the wake of a few collapses in the …

Credit market chiefs are at odds over their preparedness for a potential downturn, with some … High (70%)
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Bloomberg
Economy Bloomberg
161d ago
Intel Looks Good Near Term: New Street Research

Pierre Ferragu, head of global tech infrastructure at New Street Research, says Intel earnings show it's in good standing for …

Pierre Ferragu, a global tech infrastructure analyst, is optimistic about Intel's near-term prospects, citing its … High (80%)
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Bloomberg
Economy Bloomberg
161d ago
Google Plans Next Steps in Quantum After Breakthrough

Google reported it achieved a major milestone in quantum computing earlier this week. The company says it ran an algorithm …

Google has achieved a major breakthrough in quantum computing, running an algorithm 13,000 times faster … High (90%)
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Bloomberg
Economy Bloomberg
161d ago
Tech Stocks Outperform on Back of Earnings

Empower Chief Investment Strategist Marta Norton discusses how the markets are interpreting tech earnings, the increasing use of debt to …

Tech stocks are outperforming due to positive earnings, with investors interpreting the results as a … High (80%)
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Bloomberg
Economy Bloomberg ⭐ FEATURED
161d ago
Not A Strong Compelling Case to Cut: Kathy Jones

A delayed snapshot of inflation in September came in softer than expected, potentially offering a path for the Federal Reserve …

A softer-than-expected inflation snapshot in September may provide a path for the Federal Reserve to … High (80%)
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Bloomberg
Economy Bloomberg
161d ago
Goldman Pitches Petco Debt Refinancing as Finances Strengthen

Goldman Sachs Group Inc. is gauging investor interest in a debt package to refinance Petco Health & Wellness Company’s nearly …

Goldman Sachs is exploring a debt refinancing package for Petco, leveraging the company's strengthened financial … High (80%)
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Bloomberg

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