December 2023 - Page 27 of 232 -

The New York Times Vs. OpenAI And Microsoft: A Landmark Legal Battle Over AI And Copyright

Dec 27, 2023 Jeremy Parkinson Finance, No picture 0

The New York Times has sued OpenAI and Microsoft, alleging copyright infringement. The suit claims that millions of The Times’s articles were used to train AI chatbots like ChatGPT, which now compete with traditional news sources.The complaint does not specify a monetary figure, but demands “billions of dollars in statutory and actual damages” for the […]

Uber Eyes A New Record Price As Analysts Maintain A Buy Rating: Should You?

Dec 27, 2023 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Uber Technologies, Inc. (NYSE: UBER) broke the potential $60 resistance amid growing bullish bets. The stock traded at $62, its highest since March 2021, shy of its record $64 as of February 2021. But Uber buyers are not yet done, as analysts believe the stock has more than 20% upside potential.Oppenheimer and Fox Advisors are […]

Most Active Equity Options For Midday – Wednesday, Dec. 27

Dec 27, 2023 Jeremy Parkinson Finance, No picture 0

Top Tickers: TSLA, AAPL, MARA, NVDA, AMD, NIO, INTC, COIN, AMZN, SOFI, META, RIOT, MSFT, GOOGL, HOOD, PLTR, UPST, JBLU, SE, BABA. Data Courtesy Of Trade Alert More By This Author:Most Active Equity Options For Midday – Tuesday, Dec. 26 Most Active Equity Options For Midday – Tuesday, Dec. 19 Most Active Equity Options For Midday – […]

Ethereum Nears $2400 As Solana Stalls, DApp Activity Accelerates

Dec 27, 2023 Jeremy Parkinson Finance 0

After a remarkable recovery from the depths of the FTX collapse crisis, with Solana soaring above $100 over the weekend for the first time since April 2022 (to $125 at its highs), supported by increased network activity and meme coin re-engagement…Source: Bloomberg…the fourth largest cryptocurrency has stalled since, and it appears that has prompted a […]

2024 Market Forecast: ‘Black Swan Event’ In 2024 It Is Then…

Dec 27, 2023 Jeremy Parkinson Finance 0

Image Source: Pexels Perhaps this CBS news reporter’s prediction of a ‘Black Swan Event’ for 2024 is not so far off…either when it comes to U.S. national security, or in the stock markets…especially when one considers the reluctance of traders/investors to convincingly push markets above the December 2021 high for the past two years, as shown on the following monthly S&P 500 Index (SPX) chart.Source: ZeroHedge […]

Stocks Static As Post-Holiday Doldrums Hit

Dec 27, 2023 Jeremy Parkinson Finance 0

Stocks are struggling for direction today, as the post-holiday doldrums take full effect. The S&P 500 Index (SPX) is hovering near record highs despite sitting just below breakeven at last check, with Wall Street quiet ahead of the approaching New Year. The Nasdaq Composite (IXIC) is modestly lower midday, while the Dow Jones Industrial Average (DJI) is […]

What? Even More Reversals In Gold Price?

Dec 27, 2023 Jeremy Parkinson Finance, No picture 0

This year-end is rich in reversals in gold. And yet, so many people fail to see them, blinded by bullish bias…The most recent one formed… Yesterday. And the previous one on the previous trading day. In both cases, gold made attempts to break above the rising resistance line, and both attempts failed.Gold price’s inability to […]

The Energy Report: Oil Insecurity

Dec 27, 2023 Jeremy Parkinson Finance, No picture 0

Photo by American Public Power Association on Unsplash Oil supply and transportation risks are rising just as the world is on the cusp of a global supply deficit. That combination will make it very dangerous to carry short positions on oil or products. Supply draws should start this week and will further push inventories into the below-average territory for […]

Richmond Fed Manufacturing Survey Slumps, Shouts Stagflation

Dec 27, 2023 Jeremy Parkinson Finance 0

For the second month in a row, the Richmond Fed Manufacturing survey tumbled more than expected, sliding from -5 to -11 (considerably worse than the small bounce to -4 expected)…Source: BloombergThat is a swing from April 2022 highs in September to post-COVID lows in December.All three component indexes were lower: shipments fell from −8 to […]

Softs Report – Wednesday, Dec. 27

Dec 27, 2023 Jeremy Parkinson Finance, No picture 0

Image Source: Pixabay CottonGeneral Comments: Cotton closed a little higher yesterday in sideways trading. The weekly export sales report showed diminished sales. The US economic data has been positive, but the Chinese economic data has not been really positive and demand has been down. There are still many concerns about demand from China and the rest […]