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© Reuters Here are the biggest analyst moves in the area of artificial intelligence (AI) for this week.InvestingPro subscribers always get first dibs on market-moving AI analyst comments.GOOGL still seen as ‘net AI beneficiary’ despite mixed quarterEarlier in the week, BofA Securities analysts commented on Alphabet’s (NASDAQ:) latest earnings report.…
By Kate Abnett and Marek Strzelecki BRUSSELS/WARSAW (Reuters) – Poland will no longer take the EU to court to attempt to cancel numerous climate change policies, and is preparing to withdraw lawsuits the previous government had filed to do this, sources familiar with the matter told Reuters. After years of…
Investing.com– Most Asian currencies moved little on Thursday as mild consolidation in the dollar offered some relief, while the Japanese yen firmed as expectations of government intervention offset data indicating an economic recession. Regional currencies were still reeling from a hotter-than-expected U.S. inflation reading, which saw traders further scale back…
(This Feb. 16 story has been refiled to fix a typo in ‘blank-check’ in paragraph 22) By Jack Queen and Luc Cohen NEW YORK (Reuters) – Donald Trump must pay $354.9 million in penalties for fraudulently overstating his net worth to dupe lenders, a New York judge ruled on Friday,…
MUNICH, Germany — NATO members on Saturday weighed the U.S.’ possible withdrawal from the military alliance if Donald Trump returns to the White House, with Hillary Clinton saying he would waste no time in quitting if re-elected.Clinton urged delegates at the Munich Security Conference to take her one-time presidential rival’s…
Norway boasts the highest electric vehicle adoption rate in the world. Some 82% of new car sales were EVs in Norway in 2023, according to the Norwegian Road Federation (OFV). In comparison, 7.6% of new car sales were electric in the U.S. last year, according to Kelley Blue Book estimates.…
Starbucks has opened its first cafe designed to give customers with disabilities a “more accessible store experience,” the company announced Friday in a news release. The move is part of a wider inclusivity initiative that Starbucks has undertaken to design easily navigable retail spaces for all of its customers. Any…
Last updated: February 17, 2024 10:00 EST | 2 min read The National Banking and Securities Commission of Honduras (CNBS) has passed a resolution prohibiting the country’s financial institutions from engaging in cryptocurrency-related activities.The CNBS stated that crypto transactions cannot be guaranteed by the Honduran central bank due to the…
If you expect fabulous returns to continue, you’re likely to be disappointed. Look closely at the data and you’ll see why. By William Baldwin, Senior Contributor Emerging market stocks will beat U.S. stocks. Junk bonds will beat high-grade bonds. Inflation will be 2.5%. Prognostications from the market seers. Big financial…
Remote work flourishing in the early days of the pandemic removed boundaries for many workers, driving people to move to lower-cost cities. Charlotte, Providence and Indianapolis are among some of the cities that saw the highest number of people moving in, according to a Zillow study.Unaffordable housing was the main…