The artificial intelligence (AI) sector is a dynamic area of the stock market, focusing on companies developing intelligent machines. These firms range from tech giants to specialized startups working on various AI applications. AI stocks represent ownership in companies heavily invested in or utilizing AI technologies. The sector has gained significant attention due to AI’s potential to revolutionize industries and enhance productivity. Investing in AI stocks can offer substantial growth opportunities as AI adoption increases across sectors. Many AI companies are at the forefront of technological innovation, potentially leading to breakthrough products or services. The sector may benefit from increased…
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By Promit Mukherjee OTTAWA (Reuters) – Despite three interest rate cuts since June, Canadian consumers still appear to be feeling more stressed than their neighbors in the U.S., where the Federal Reserve has yet to start any reductions in borrowing costs. The persistent financial pressure reflects the vagaries of the Canadian mortgage structure, a surge in rents and a heavy debt load carried by many households. All three have crimped disposable incomes. With more mortgage renewals coming up and high population growth to put more upward pressure on rents, analysts and economists say Canadians will feel stressed well into next…
Global X bietet Zugang zu künstlicher Intelligenz und Verteidigungstechnologie. 13. September 2024, FRANKFURT (Börse Frankfurt). Seit Donnerstag sind zwei neue Exchange Traded Funds von Global X über Xetra und Börse Frankfurt handelbar.Der Global X Artificial Intelligence UCITS ETF bietet Anleger*innen die Möglichkeit, in ein Portfolio von Unternehmen zu investieren, die im Bereich der künstlichen Intelligenz (KI) tätig sind. Der Fonds zielt darauf ab, Zugang zu börsennotierten Unternehmen in entwickelten Märkten zu erhalten, die von der Weiterentwicklung und Nutzung von KI-Technologie sowie der Bereitstellung von Hardware für die Analyse großer Datenmengen profitieren.Der Global X Defence Tech UCITS ETF ermöglicht Anleger*innen den Zugang zu Unternehmen,…
US stock futures traded mixed on Monday, with tech stocks struggling ahead of a crucial week dominated by expectations for the Federal Reserve’s first interest-rate cut in four years.Futures on the tech-heavy Nasdaq 100 (NQ=F) fell roughly 0.5%. Dow Jones Industrial Average futures (YM=F) rose 0.3%, while S&P 500 futures (ES=F) were little changed after strong weekly wins for the major stock gauges.Techs are under pressure as Apple (AAPL) shares lose ground amid concerns about iPhone 16 sales. The megacap’s stock fell 2.6% before the bell after The Street reported analyst findings that early demand for the recently updated smartphone…
Image source: Getty ImagesGetting gas at Costco can be great for your bank account, as you typically save around $0.20 per gallon compared with other stations. But there’s one potential downside to buying fuel at some club locations.Costco has taken steps to make things flow as smoothly as possible at its stations, including one-way entry with long hoses so traffic can flow through more easily. But the pumps can still get crowded.There’s some good news on the horizon, though, for those who want to get Costco gas without having to worry about waiting. Getting gas at the warehouse club could…
Occidental Petroleum (NYSE: OXY) has long been a leader in using carbon dioxide in its oil business. It injects the greenhouse gas into underground oil reservoirs in the Permian Basin to boost the production of those legacy fields through a technique known as enhanced oil recovery (EOR). The oil company is now leveraging that expertise to become an early leader in carbon capture and sequestration (CCS). The oil company believes CCS could eventually grow into a $3 trillion to $5 trillion global market opportunity. It aims to capture a slice of that potentially lucrative market by building out Direct Air…
The full-size US pickup truck market is about to shrink as Nissan discontinues its Titan and Titan XD models for 2025. This leaves the segment with fewer options, including the dominant Ford F-Series, Chevrolet Silverado/GMC Sierra twins, Ram models, and Toyota Tundra. While the Tundra’s 2025 model offers a wide range of trims and a powerful hybrid option, some enthusiasts still desire a heavy-duty counterpart. The Tundra’s current lineup, while impressive, may not satisfy those seeking a truly robust and capable truck. The i-Force Max hybrid powertrain, while providing ample power and efficiency, may not be sufficient for heavy duty…
The fight for the future of Rupert Murdoch’s media empire begins Monday in a Nevada courtroom.The 93-year-old media titan is petitioning to change his irrevocable family trust to ensure his eldest son, Lachlan, will have sole control over his media companies News Corp. and Fox Corp. after the elder Murdoch’s death.News Corp. owns influential publications such as the Wall Street Journal, the New York Post, Investor’s Business Daily and Dow Jones. Fox Corp. is the parent company of Fox News and the Fox broadcast network.But three of Murdoch’s other children are not happy about the proposed change and have allied…
Market focus is fixed firmly on the Federal Reserve’s two-day policy meeting, which begins Tuesday in Washington. Andrew Harnik/Getty ImagesBoth the Bank of England and the Bank of Japan will publish key rate decisions on Thursday in London and Tokyo, as well.Story continuesCME Group’s FedWatch pegs the odds of a 50-basis-point (0.5-percentage-point) rate cut from the Fed at around 59% heading into the week. And it sees at least two more quarter-point cuts in November and December.Related: Markets push for big Fed rate cut after inflation reportsLonger term, markets are also betting on sustained Fed rate easing into 2025, with…
Boy oh boy, does NASA ever love Intuitive Machines (NASDAQ: LUNR)! The tiny space company landed a robot on the Moon earlier this year — America’s first (albeit unmanned) Moon landing since the Apollo program of the 1960s and 1970s.Intuitive called the mission that broke America’s losing streak IM-1, and later this year the company will gear up to go to the Moon again with IM-2. A third mission — surprise! they’ll call it IM-3 — is scheduled to take off in October 2025.And now here’s the latest news — there’s going to be an IM-4 as well.A $117 million…