Category Archive: Finance, No picture
Chipotle’s ‘Autocado’ Robot Aims To Replace $20/Hour Workers At Select Locations
Image Source: Unsplash The robot can cut, core, and peel an avocado in 26 seconds. Avocados are an important part of the guacamole salad, a popular item on Chipotle’s menu. Minimum wage in California, where the company has launched its robot, is $20 per hour. Chipotle Mexican Grill (CMG) is transforming the restaurant business with its […]
France’s Deficit Under EU And Market Scrutiny
Image Source: PexelsFor the moment, the ECB isn’t saying a word. One statement and the markets could start to seriously lose the confidence that, sooner or… later, they will no longer have in France.Even Bruno Le Maire, who in recent months had been doing everything possible, sometimes at the expense of the credibility of his role, […]
Dow Jones Industrial Average Breaches Record Territory On Monday
Image Source: Unsplash The Dow Jones cracked a fresh all-time high during Monday trading. Despite the upside stretch, equities remain tepid overall. Investors are buckling down for the wait to Wednesday’s Fed rate call. The Dow Jones Industrial Average (DJIA) clipped into another record intraday bid to kick off the new trading week. The largest equities […]
Stocks To Watch Today: Intel, CrowdStrike, ORCL
Image Source: UnsplashIn a day of significant developments for the technology sector, three major players are making headlines with strategic moves and partnerships. Intel Corporation (INTC), CrowdStrike Holdings (CRWD), and Oracle Corporation (ORCL) are each positioning themselves for growth in their respective markets, from semiconductor manufacturing to cybersecurity and cloud computing. Intel Corporation Shares Gain on […]
Suddenly, There’s A 59 Percent Chance Of Half-Point Interest Rate Cut By The Fed
Image Source: PexelsThe odds of a 50 basis point cut jumped from 15 percent on Wednesday to 59 percent Sunday evening.A month ago I expected a 50 basis point cut by the Fed based on weakening data.The data weakened alright, but following the the CPI report last Wednesday, I checked the odds at 15 percent.Late Sunday, […]
Altria Group (MO)
Image Source: PexelsAltria Group (MO) — formerly Philip Morris — is one of the world’s largest producers and marketers of cigarettes and other tobacco products. However, the company’s current motto is “Moving Beyond Smoking” as it pushes smoke-free products and harm reduction.Regardless of your stance on tobacco stocks, Altria Group (MO) still does more than $20 […]
Bybit secures provisional VASP approval from Dubai’s VARA
Key Takeaways Bybit obtains provisional VASP approval from Dubai’s VARA for crypto exchange services. Bybit establishes global headquarters in Dubai and partners with DMCC Crypto Hub. Share this article Bybit, the world’s second-largest crypto exchange by trading volume, has secured provisional approval for a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory […]
4 Opportunities In Private Equity Investing Today
Image Source: Unsplash Deal activity in private equity has slowed significantly from 2021 due to high interest rates and economic uncertainty. Amid the slowdown, we believe that smaller, sector-specialist managers may be able to outperform larger, generalist managers. We also anticipate strong buying opportunities for venture capital investors. We see additional opportunities today in allocating more […]
OKX joins exSat as validator to boost Bitcoin scalability
Key Takeaways OKX joins exSat as a validator node to advance Bitcoin’s scalability and functionality. exSat employs a hybrid consensus mechanism combining Proof of Work and Proof of Stake. Share this article OKX, a leading crypto exchange and technology company, has joined exSat’s network as a validator node. This partnership aims to advance Bitcoin’s scalability […]
Pure-Play Cybersecurity Software Stocks Bounced Back Last Week
An Introduction Cyber crime damage is reported (see here) to reach $10.3 trillion by next year making the need for sophisticated cyber security crucial to protect networks, systems and other digital infrastructure from malicious cyber attacks (see here). On the other hand, however, it is estimated that cyber security spending was only $188B in 2023. Research […]
