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Xlf: it could now be financials' turn to benefit from generative ai
The financial sector can benefit from using Generative AI to improve profitability and efficiency but in a more measured or unhyped way compared to te...
September 25, 2023, 5:25 am
Pakistan bans roche cancer drug pending probe into patients' blindness
Pakistan's drug regulator said on Monday it had temporarily banned the use of a cancer medication distr...
September 25, 2023, 5:20 am
Exxon mobil: the best buy in energy
Exxon Mobil is a buy regardless of short-term oil price fluctuations due to its strong earnings prospects and rapidly diversifying business. Structura...
September 25, 2023, 5:16 am
Leqembi® intravenous infusion (lecanemab) approved for the treatment of alzheimer’s disease in japan
TOKYO and CAMBRIDGE, Mass., Sept. 25, 2023 (GLOBE NEWSWIRE) — Eisai Co., Ltd. (Headquarters: Tokyo, CEO: Haruo Naito, “Eisai”) and Biogen Inc. (...
September 25, 2023, 5:02 am
Entain plummets as analysts caution over weaker sales
Entain PLC (LSE:ENT), the owner of Ladbrokes and Coral, sunk 9% lower on Monday after surprising investors with a warning that full-year revenues had ...
September 25, 2023, 4:42 am
Amazon plans to invest up to $4 billion in ai startup anthropic
Anthropic will use Amazon Web Services as its primary cloud provider, while the tech giant will integra...
September 25, 2023, 4:38 am
Once again 'apple's best days seem behind', but i disagree
Apple is once again hit by the narrative seeing its best days behind. Concerning news have caused a pullback. Yet, if we look at what the company can ...
September 25, 2023, 4:33 am
Oil’s ascension pauses as momentum exhausted, but 100 still a possibility
The financial world was abuzz last week with discussions of oil potentially breaking the 100 mark. While some pundits deem this as a stretch, the cons...
September 25, 2023, 4:31 am
Fx option expiries for 25 september at the 10am new york cut
EUR/USD 1.0725 in the amount of EU919.5mn, 1.0540 in the amount of EU695mnUSD/JPY 149.00 in the amount of $643mn,147.00 in the amount of $1.24bn GBP/U...
September 25, 2023, 4:21 am
Aercap: size up as general electric sells down
AerCap is facing near-term selling pressure due to GE's ongoing sell-down of its stake in the company. AerCap is taking advantage of the strong second...
September 25, 2023, 3:47 am
Dollar index climbs to 6-month peak; jpy weakens
The Dollar Index, a popular gauge of the Greenback’s value against a basket of 6 major currencies climbed to March 2023 highs, settling at 105.55 (1...
September 25, 2023, 3:44 am
Apple's iphone 15 line-up: second most affordable yet, poised to drive market-beating returns
Apple's iPhone 15 lineup, adjusted for inflation, is the second most affordable offering since its inception, signaling potential for strong sales in ...
September 25, 2023, 2:23 am
Allegro microsystems: magnetic sensor leader
Allegro Microsystems has a dominant position in the magnetic sensor market, which is its largest revenue segment. Both the magnetic sensor and power I...
September 25, 2023, 2:00 am
Midcap financial investment: in the right place but with too high risk
MidCap Financial Investment Corporation is a small business development company with a market cap of $880 million. MFIC focuses on investing in senior...
September 25, 2023, 1:25 am
Uber: $150 per share is not unreasonable
Uber's user growth is exceeding expectations, with 137 million monthly active platform customers and QoQ MAPC growth of 5%, above long-term trends. Th...
September 25, 2023, 12:22 am
Italy continues to water down its bank windfall tax
At this point, you have to wonder why Italy even bothered with the bank windfall tax.Weekend reports indicate that the windfall tax on Italian banks -...
September 24, 2023, 11:09 pm
Wall street is hoping $100 oil ain't what it used to be
Oil's rise has inspired fresh fears from Washington to Wall Street that energy could throw off central bankers' attempted soft landing of the American...
September 24, 2023, 11:00 pm
The us has seven days to avert a government shutdown
Eyes are on US House Republicans who are trying to pass a Republican-only bill to avoid a government sh...
September 24, 2023, 10:20 pm
Oil climbs with tight supply back in focus
Oil prices rose on Monday as investors focused on a tighter supply outlook after Moscow issued a temporary ban on fuel exports while remaining wary of...
September 24, 2023, 9:34 pm
Risk-off mood hits equities amid higher-for-longer rate prospects
A hawkish pause by the United States Federal Reserve, rising energy prices and multi-year highs for Tre...
September 24, 2023, 9:14 pm