We recently published a list of Beyond the Tech Giants: 35 Non-Tech AI Opportunities. In this article, we are going to take a look at where Amazon.com, Inc. (NASDAQ:AMZN) stands against the other not-tech AI stocks.Investors have been desperately searching for a safer way to play the AI boom that has swept the US stock market over the past few months. Prominent investment bank Goldman Sachs recently released an investor note detailing which sectors of the economy would benefit from the AI craze, replacing obvious bull cases in the technology domain by thoughtful insights on the long-term impact of AI on…
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Vaughan David Investments LLC IL lessened its stake in Truist Financial Co. (NYSE:TFC – Free Report) by 10.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,210 shares of the insurance provider’s stock after selling 1,642 shares during the quarter. Vaughan David Investments LLC IL’s holdings in Truist Financial were worth $552,000 as of its most recent filing with the Securities and Exchange Commission (SEC). A number of other hedge funds also recently bought and sold shares of the company. Johnson Investment Counsel Inc.…
The Dow Jones is still battling to reclaim the 41,000 level. US PPI inflation kept the door open for a Fed rate cut next week. US Initial Jobless Claims also ticked up, but not enough to deter a rate trim. The Dow Jones Industrial Average (DJIA) stuck close to familiar midrange territory on Thursday, holding close to the 41,000 handle but struggling to decisely reclaim the key technical figure. US Producer Price Index (PPI) business-level inflation rose slightly faster than expected on a monthly basis, while the annualized figure held steady, alleviating fears of rate-cut-threatening inflation pressures. US PPI rose…
Chemicals Company Dow Cuts Outlook Amid Production ChallengesDow Inc. (NYSE:DOW) shares are trading lower after it revised its third-quarter outlook.The company lowered its guidance for revenue to around $10.6 billion (vs. consensus $11.0 billion) from $11.1 billion earlier and expects operating EBITDA of around $1.3 billion.The revised outlook reflects a major unplanned event at a Texas ethylene cracker in late July, alongside higher input costs and margin compression in Europe.However, these challenges are expected to be partly mitigated by improved pricing and feedstock costs in North America for Packaging & Specialty Plastics.Also Read: Linde Invests Over $2B For Clean Hydrogen,…
KOBLENZ, Germany – (NewMediaWire) – January 22, 2024 – Stabilus SE (WKN: STAB1L, ISIN: DE000STAB1L8) invites investors and analysts to a web conference on January 29, 2024, 10:30 a.m. CET, on the occasion of the publication of its Q1 FY2024 results.In the web conference, the management board of Stabilus SE will present the company’s development in the first quarter of fiscal 2024 (ends September 30, 2024) by means of a presentation. The Q1 statement and the corresponding presentation will be available on the company’s website at ir.stabilus.com on January 29, 2024, at 7:00 a.m. CET. Also, a Corporate News will…
CINCINNATI — Bengals linebacker Logan Wilson returned to practice on Thursday. The veteran missed Wednesday’s session with a knee injury, but was dressed and participating during the portion of practice that was open to the media. It’s a good sign for Wilson, who led the Bengals with 12 tackles in their season opening loss to the Patriots. Cincinnati is hoping to avoid an 0-2 start for a third-straight season. Logan Wilson is dressed for practice #Bengals pic.twitter.com/s9JcZc6vVI— James Rapien (@JamesRapien) September 12, 2024For more on the Bengals, subscribe to our YouTube Channel and watch the video below:Make sure you bookmark BengalsTalk.com for the…
What’s better than watching football? Watching football and winning money!You can partake in the best of both worlds while watching Week 3 of the college football season this weekend with our free-to-play FOX Super 6 game.How do you play? Enter the college football Super 6 contest by predicting the correct answers to six questions before the games start for your chance at weekly cash prizes. All you have to do is finish in the top six to win a prize.It really is that simple, and again, it’s free.And if you need a little help before heading to the app to make…
Minnesotans will vote on where lottery money goes in November Minnesotans will vote on where lottery money goes in November 01:57 ST. PAUL, Minn. — When you buy your lottery tickets you may be dreaming of a big win, but lottery players have been delivering $1 billion worth of big wins to the Minnesota environment for the last 30 years. Forty percent of lottery proceeds go to the state Environment and National Resources Trust Fund, which funds projects like Dakota County’s Thompson Park.”All over the state, every corner of the state, if you are a Minnesotan, if you walked on a…
Why did Ripple (XRP) soar on Thursday morning? A familiar fund manager is finally making moves in the XRP space. The XRP (XRP 3.63%) cryptocurrency, often known as Ripple, jumped as much as 6.5% higher on Thursday morning. By 11:45 a.m. ET, the digital currency traded at 4.4% above the price from Wednesday’s traditional market-closing bell. XRP rose as a familiar fund manager announced the formation of a mutual fund focused on owning XRP tokens. Grayscale’s history with crypto funds The fund manager in question is Grayscale, a veteran of running mutual funds and exchange-traded funds (ETFs) in the cryptocurrency…
(Bloomberg) — Some hedge funds are adding bullish yen wagers in the options market on their expectation that the currency will extend the rally that’s made it the world’s top performer this quarter.Most Read from BloombergThey’re placing long positions on the yen against currencies including the Australian dollar, Swiss franc and the offshore Chinese yuan, according to traders who asked not to be identified commenting on the foreign-exchange market.Signs that the Bank of Japan is intent on raising interest rates further — albeit not at next week’s meeting — have helped the yen advance about 14% versus the greenback since…