Stocks, Bonds Tumble After Economic Data Release
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Don’t get swept away by ‘S&P 500 envy’ as stocks shatter records and bonds lag
Here’s how to remind yourself that diversification still matters in the long runMarketWatch - Business -
Some data in the market-moving CPI report was released early by the Labor Department
Information about Wednesday's critical consumer price index release circulated early on the Bureau of Labor Statistics website.CNBC - Business -
Bank of America forecasts an upturn after the worst performance for 30-year bonds in over 100 years
The total return on 30-year bonds has declined by 45% since April 2020, the worst four-year loss in over 100 years, according to strategists at Bank of America.MarketWatch - Business -
Stocks Mixed After 40000 Milestone
Stocks were mixed after major U.S. markets pulled back from their record highs on Thursday.The Wall Street Journal - World - Stock Market -
Reddit soars after announcing OpenAI deal that allows use of its data for training AI models
OpenAI and Reddit announced a partnership that will allow the ChatGPT maker to train its artificial intelligence models on Reddit content.CNBC - Business -
30-year Treasury yield falls for 3rd straight week after data indicate ‘serious headwinds’ for U.S. economy
Rates on U.S. government debt finished slightly higher on Friday even after new Conference Board data pointed to softer economic conditions ahead. However, yields finished lower for the week, with the 30-year rate experiencing its third straight ...MarketWatch - Business -
Scheffler arrested, released after incident at PGA Championship
World No. 1 player Scottie Scheffler is facing second degree assault of a police officer and more charges, and he is on the course for his second round.Yahoo Sports - Sports -
How to immunize your bond ETF if interest rates turn higher
Tips to hedge a portfolio against interest rate fluctuations.MarketWatch - Business -
Frelund projects 49ers to lead NFC in wins after 2024 schedule release
NFL Network’s Analytics Expert Cynthia Frelund projects for the 49ers to remain a NFC juggernaut.Yahoo Sports - Sports - NFL -
Deere’s stock slides after agriculture equipment maker again lowers guidance
Deere & Co. Inc.’s stock tumbled 3.5% early Thursday, after the maker of agricultural and construction machinery posted better-than-expected earnings for its fiscal second quarter but offered guidance that fell short of estimates.MarketWatch - Business -
Chubb raises dividend 5.8% after Berkshire-related stock boost
Chubb on Thursday raised its dividend 5.8%, which the company said marked its 31st consecutive hike.MarketWatch - Business -
Walmart’s stock surges to record after a grand-slam earnings report
Walmart’s stock rallied into record territory Thursday, after the discount retail giant hit a grand slam with its fiscal first-quarter earnings report, boosted by a big jump in e-commerce sales.MarketWatch - Business -
Vermont makes waves on data privacy
The Hill's weekly technology news digest. {beacon} Friday, May 17, 2024 Welcome to Tech Friday, a new joint project of The Hill and Pluribus News covering tech policy across government. Sign up to receive The Hill's newsletters here. Rather ...The Hill - Politics -
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My first bet: The lines we love immediately after the NFL schedule release
Which lines are bettors looking at immediately after the NFL schedule release?ESPN - Sports - NFL -
GameStop’s stock slides premarket after company issues profit warning, files to issue more shares
GameStop Corp.’s stock fell 19% early Friday, after the videogame retailer and key meme stock issued a profit and sales warning for the first quarter and filed to sell new shares.MarketWatch - Business -
GameStop shares fall 20% after it files to sell additional stock, says first quarter sales dropped
GameStop said it plans to sell securities and reported preliminary results that showed a drop in first-quarter sales.CNBC - Business -
GameStop to sell up to 45mn new shares after latest ‘meme stock’ rally
Video games store operator announces preliminary results showing expectations of further drop in net salesFinancial Times - Business -
DuPont stock hits new high after an analyst's upgrade — why we're not buyers here
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.CNBC - Business -
The end of centralized data? Samsung teams with Expanso on distributed processing
Enables teams to analyze data in situ, reducing the operational overhead of replicating data centers or managing data movement between cloudsVentureBeat - Tech -
Snowflake invests in Metaplane to solve data quality issues plaguing AI development
The investment in Metaplane will enable Snowflake customers to closely monitor the quality of their data assets moving through different stages of the pipeline to power downstream applications.VentureBeat - Tech -
Weka scores $140M to supercharge AI workloads with ‘dynamic data pipelines’
With this funding, Weka will augment its cash reserves from previous rounds and work towards scaling the business to meet the demand for AI infrastructure in the wake of the generative AI boom.VentureBeat - Tech -
Reddit to Give OpenAI Access to Its Data in Licensing Deal
The deal will give the artificial-intelligence startup access to Reddit’s data.The Wall Street Journal - Tech -
China consumption slows as retail sales and investment data disappoint
China reported data Friday that pointed to slower growth on the consumer side while industrial activity remained robust.CNBC - Business - China -
Oil Prices Rise on Positive Inflation Data, Stockpile Falls
Oil prices rose, with positive sentiment supported by positive economic data and a fall in inventories.The Wall Street Journal - World -
Musk Pushes Plan for China Data to Power Tesla's AI Ambitions
A data center in Chinato teach AI models for self-driving technology using data that could be processed in the countrycould be a big shift for Tesla, or merely a backup plan.Inc. - Business - China -
Reddit-OpenAI deal highlights demand for social-media platform’s data
Reddit already has a longstanding partnership with Google, and more deals may be in the pipeline, says Deutsche Bank.MarketWatch - Business -
An Economic Peace Plan for Gaza Is Bound to Fail
Unless it follows an unconditional surrender.The Wall Street Journal - World -
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Unified API Recall pulls conversational data from Zoom and Google Meet to power AI bots
Since its launch, Recall has roped in over 300 companies from different industries, ingesting millions of hours of conversational data and powering downstream AI applications.VentureBeat - Tech - Google -
Watchdog: EPA's lead pipe fix sent about $3 billion to states based on unverified data
The Environmental Protection Agency watchdog says the agency distributed about $3 billion to states last year to replace harmful lead pipes based on unverified dataABC News - Health -
Latest shipping data reveals that mid-range retail is the new consumer price sweet spot
Retailers are converging on 'middle-price-point' items as the best way to reach consumers, a new CNBC Supply Chain Survey shows.CNBC - Business -
Why you can be a more informed investor once you know how to use market data
Retail investors are increasingly able to get what they need to make better financial decisions.MarketWatch - Business