Banks Told to Anticipate Risks from Using AI, Machine Learning

Reuters | April 17, 2024

LONDON (Reuters) – Banks must anticipate risks from using artificial intelligence (AI) and machine learning (ML) in their operations as part of their day-to-day governance, a top global banking regulator said on Wednesday. There are unanswered questions on whether the use of AI or ML in banking is a net positive or negative to global […]

Wall Street stocks close lower on higher Treasury yields, rate expectations

Reuters | April 16, 2024

By Chibuike Oguh (Reuters) -Wall Street stocks ended lower in choppy trading on Tuesday as Treasury yields climbed, with investors weighing the likely path of interest rates in a resilient U.S. economy with persistent inflation. Federal Reserve Chair Jerome Powell said on Tuesday recent inflation data has not given policymakers enough confidence to ease credit […]

Crypto Analyst Unveils Reasons Behind Latest Altcoin Crash, Forecasts Rebound Amid Turmoil

Bibhu Pattnaik | April 14, 2024

The crypto analyst known for accurately predicting the end of Bitcoin’s (CRYPTO: BTC) bull market in 2021 has shared insights into the recent downturn in the altcoin market. On Friday, pseudonymous crypto strategist Pentoshi shared his view on X, formerly known as Twitter, that the recent altcoin crash can be attributed to simple supply and demand dynamics […]

Two Of America’s Biggest Companies Have Made A ‘Massive Bet’ On China: ‘They Can’t Just Abandon…’ Says Wedbush’s Dan Ives

Rounak Jain | April 12, 2024

Two of America’s biggest companies, which have made “massive” bets on China, Tesla Inc. (NASDAQ:TSLA) and Apple Inc. (NASDAQ:AAPL), cannot abandon the country just because they’re undergoing a “white-knuckle” period, says top analyst Dan Ives. What Happened: Tesla and Apple are both currently experiencing the impact of an economic slowdown in China and growing competition […]

Top 3 Health Care Stocks Which Could Rescue Your Portfolio This Quarter

Avi Kapoor | April 11, 2024

The most oversold stocks in the health care sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a […]

Game-Changing Deal: eBay, Collectors Ink Agreement To Boost Trading Card Hobby

Shivani Kumaresan | April 10, 2024

eBay Inc (NASDAQ:EBAY) has entered into a definitive agreement for a series of transactions with Collectors, the parent company of PSA, the third-party authentication and grading provider in the collectibles industry. The agreements include a commercial agreement, the sale of Goldin from Collectors to eBay, and the sale of the eBay vault from eBay to PSA. The financial […]

Microsoft to invest $2.9 billion to expand AI, cloud infra in Japan

Reuters | April 9, 2024

TOKYO (Reuters) -Microsoft said on Tuesday it would invest $2.9 billion over two years to expand its cloud and AI infrastructure in Japan, the latest in a series of overseas expansions by large tech firms to support the development of artificial intelligence. The investment – the company’s largest in the 46 years of its operations […]

Palatin Technologies Eyes Growing $6B Dry Eye Disease Market

Vandana Singh | April 8, 2024

On Monday, Palatin Technologies Inc. (NYSE:PTN) announced the presentation of topline results for its Phase 3 PL9643 MELODY-1 trial, which evaluated the safety and efficacy of PL9643 versus vehicle in the treatment of dry eye disease (DED) at the American Society of Cataract and Refractive Surgery. The company released the mixed topline data in February 2024. The presentation included […]

Jim Cramer: Rocket? Time To ‘Ka-Ching, Ka-Ching’

Avi Kapoor | April 5, 2024

On CNBC’s “Mad Money Lightning Round,” Jim Cramer said he didn’t like the last quarter of GitLab Inc. (NASDAQ:GTLB). “I went over it with a fine tooth comb. There was nothing there that made me feel terrific about a high multiple stock,” he added. On April 1, Truist Securities analyst Joel Fishbein reiterated GitLab with […]

Health On Demand: Uber Eats Partners With The Vitamin Shoppe

Shivani Kumaresan | April 4, 2024

Uber Technologies Inc (NYSE:UBER) has entered into a new nationwide partnership with The Vitamin Shoppe, bringing the New Jersey-based health and wellness retailer’s selection to the Uber Eats app. About 700 locations of The Vitamin Shoppe and Super Supplements are now available for ordering on Uber Eats across the U.S. The Vitamin Shoppe and Super Supplements stores offer […]

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