March 2024 - Page 166 of 200 -

De-Dollarization Is Not Just A Wild Conspiracy Theory

Mar 11, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay What is driving the recent gold rally?As with any bull run, there are many factors — hope that the Federal Reserve is about to get the easy money gravy train back on the track chief among them. However, I have speculated that one of the underlying reasons for the recent rise in the […]

Apple Is Reportedly Testing An AI-Powered Ads Product

Mar 11, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Apple Inc (Nasdaq: AAPL) is reportedly turning to artificial intelligence to boost its ads revenue. Shares of the iPhone maker are up more than 1.0% at writing. Apple’s new product is similar to Meta or Google’s offerings Anonymous sources told Business Insider today that the multinational is testing an AI-powered ads product with a handful […]

Visualizing Major U.S. Banks By Commercial Real Estate Exposure

Mar 11, 2024 Jeremy Parkinson Finance 0

The six largest U.S. banks saw delinquent commercial property loans nearly triple to $9.3 billion in 2023 amid high vacancy rates and increasing borrowing costs.Today, the sector is facing greater scrutiny from regulators amid growing risks to bank stability. In fact, for almost half of all U.S. banks, commercial real estate debt is the largest loan category […]

The Bear And Bull Case For Adobe Stock In 2024

Mar 11, 2024 Jeremy Parkinson Finance 0

Image courtesy of 123rf.com On Thursday, March 14th, at 2 PM Pacific Time, Adobe (Nasdaq: ADBE) is scheduled to report Q1 2024 earnings. Following the announcement of the Sora text-to-video model from OpenAI, ADBE stock took an 11% dive in the last 30 days.However, long-term ADBE holders have done well, as ADBE shares gained 72% of value over […]

The Biden Administration Is Gambling With The Strategic Petroleum Reserve

Mar 11, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay The United States established its Strategic Petroleum Reserve (SPR) in the wake of the 1973–1974 oil embargo that disrupted oil imports and drove oil prices much higher.The SPR consists primarily of several large underground salt caverns for storage located along the Gulf Coast in Texas and Louisiana. These sites were chosen based on […]

Grains Report – Monday, March, 11

Mar 11, 2024 Jeremy Parkinson Finance, No picture 0

WHEAT General Comments: Wheat was mostly higher last week, with Chicago SRW lower on reports of weaker world prices amid a lack of demand against an increase in demand. USDA made no changes to its balance sheets last week. Big world supplies and low world prices are still around. Russian export prices were reported at […]

Bitcoin Surges Past Silver As World’s 8th Largest Asset After UK Greenlights Crypto-Backed Notes

Mar 11, 2024 Jeremy Parkinson Finance 0

Image Source: Pexels Bitcoin soared above $72,000 for the first time in history this morning, far surpassing its historical (inflation-adjusted highs)…Source: Bloomberg“This rally comes following a weak Asian trading session in which shorts tested the conviction of longs — it appears the longs have given a rather convincing positive answer,” said Richard Galvin, founder of Australia-based crypto-focused […]

Focus Brazilian Weather & Prospective Plantings. The Corn & Ethanol Report

Mar 11, 2024 Jeremy Parkinson Finance, No picture 0

We started off the week with NY Fed Treasury Purchases 4.5 to 7 yrs. at 8:30 A.M., Consumer Inflation Expectations at 9:00 A.M., 3-Month & 6-Month Bill Auction at 9:30 A.M., Export Inspections at 10:00 A.M. and 3-Year Note Auction at 11:00 A.M.Were coming in lower this morning with corn and soybean meal leading the […]

zkSync-based zkLink Nova aggregated Layer 3 rollup goes live on Ethereum mainnet

Mar 11, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

zkLink, an infrastructure layer that makes it easier to move assets across blockchains, has launched its public Nova mainnet today, the first Aggregated Layer 3 zkEVM rollup network utilizing zkSync’s ZK Stack.Addressing critical challenges such as liquidity fragmentation, multi-chain dApp development complexities, and isolated assets and applications, zkLink Nova’s Aggregated Layer 3 Rollup offers a […]

Should Google Be Worried About Generative AI?

Mar 11, 2024 Jeremy Parkinson Finance 0

Should Google (GOOGL) be worried about Walmart’s (WMT) rapid success using generative AI to humanize search? Some say yes; I say no. Walmart CEO Doug McMillon has positioned the company as a retail innovator – and he recently talked up Walmart’s generative AI-assisted search capabilities – but unless Walmart is going full “Miracle on 34th Street,” it […]