Generative AI and tools like ChatGPT are top of mind for just about everyone these days. According to Semrush data, US Google searches for “generative AI” were up 18,000% YoY in May, and searches for “generative AI meaning” climbed 8,000% from January to May 2023. Searches for “AI productivity tools” and “AI productivity apps” also...
Rising inflation and fears of a possible recession have put a strain on household and company budgets alike. As a means of navigating some of the uncertainty, California launched programs designed to boost the economy and provide people with some financial breathing room. Primarily, these took the form of stimulus packages, giving qualifying individuals...
A Deutsche Bank AG branch in the financial district of Frankfurt, Germany, on Friday, May 6, 2022. Alex Kraus | Bloomberg | Getty Images Deutsche Bank on Wednesday reported a net profit of 763 million euros ($842 million) for the second quarter of 2023, narrowly beating expectations despite a 27% year-on-year decline. The bank’s net...
There is one thing that relatively new traders and investors really have to understand. Most are aware that what matters when it comes to a company’s earnings is how they do relative to expectations, but not many understand that those estimates are inherently biased in one direction and how essentially meaningless that makes those comparisons...
kody king/iStock via Getty Images While the IPO market has staged a comeback after a downturn that lasted more than a year, Surf Air Mobility’s (NYSE:SRFM) weak trading debut showed that investors are picky about the companies they are willing to back. Shares of Surf Air (SRFM) started trading on Thursday at $5 per share,...
SK Hynix reported its earnings for the second quarter of 2023 on Wednesday. Nurphoto | Nurphoto | Getty Images South Korean chipmaker SK Hynix posted a second-quarter operating loss of 2.88 trillion Korean won ($2.24 billion) on Wednesday as demand for memory chips remained sluggish. SK Hynix said the weak memory chip market is on...
Shares of Exxon Mobil (NYSE: XOM) fell by as much as 1.8% during the early hours of Friday’s trading session; the decline is happening on a day when the broader markets (namely the S&P 500) are up by a third of a percent. The initial reaction can be attributed to markets digesting the latest figures...
By now, it’s fair to say that every major company is aware that cyber criminals will continually come up with new ways to attack networks and steal data. Despite all the potential surrounding AI and how it’s boosting stocks, there’s also the risk of cyber attacks aided by AI. Fortunately, cybersecurity specialists have turned their...
People often ask me if I know of any ways to make some extra cash. And, although there are tons of ways you can make more money, some of them might take a little longer than others. If you need some ideas for generating some extra money right now, here are 102 quick ideas – particularly...
Shares of trucking and logistics giant Saia Inc. (NASDAQ: SAIA) are rising by as much as 3% during Friday’s trading session, closing the week with sizeable bullish momentum in the company. The reaction comes as the firm releases its second quarter 2023 earnings results, which flashed some warning signs regarding business drivers. Despite some slowdowns in the...