News

The European Union on Friday agreed to landmark rules for artificial intelligence, in what’s likely to become the first major regulation governing the emerging technology in the western world.Major EU institutions spent the week hashing out proposals in an effort to reach an agreement. Sticking points included how to regulate…

At a Glance In the dynamic world of biotech/pharma stocks, Journey Medical Corporation’s (NASDAQ:DERM) recent surge has been nothing short of meteoric. The company, focused on dermatological conditions, has seen its stock undergo a parabolic move, catapulting it to the top of Seeking Alpha’s overall Quant rating. This ascent is…

McDonald’s is promising that the menu at its new CosMc’s restaurant will be out of this world. The fast food giant, which this week announced that the spinoff brand would be opening its first location in Bolingbrook, Illinois, has revealed the full roster of menu items for the concept. McDonald’s…

Broadcom (AVGO) reported mixed fiscal fourth-quarter results Thursday, coming up slightly short on the top line, despite strong profitability. The forward guidance was complicated by a number of moving parts and cyclical challenges in the semiconductor business — but we’re unconcerned because the company’s AI story remains intact, along with…

Written by Nick Ackerman, co-produced by Stanford Chemist. Call-writing funds are designed to provide substantially higher distributions to investors by collecting options premiums from their underlying portfolios. There are a plethora of option writing funds available these days, both in closed-end fund and open-end fund forms such as exchanged traded…

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