In a recent interview, billionaire investor Howard Marks warned against overconfidence in Artificial intelligence (AI), underlining that the technology’s transformative potential does not make it immune to market crashes. What…
Category: Business Finance
Despite the weak indications, PKG stock can still deliver for investors
Key points Packaging Corporation of America reported a solid quarter, but provided tepid guidance that sent shares lower to the buy zone. The move realigned the market with analyst sentiment…
Peter Schiff Warns Bitcoin Hodlers: ‘It Will Be a Long Road Down’ if King Crypto Fails to Hold $60,000
Famous economist and cryptocurrency skeptic, Peter Schiffwarned Bitcoin Bitcoin/USD holders of a potential decline if the coin fails to hold the $60,000 support level. What happened: On Wednesday, Schiff took…
Is Zoom Video Stock Getting Too Cheap to Ignore?
Key points Zoom Video shares recently hit new 52-week lows at $59.01, creating a potential value opportunity. Zoom Video has $7 billion in cash, representing nearly 40% of its market…
Mark Zuckerberg, CEO of Meta: “Over 50% of the content people see on Instagram is now recommended by artificial intelligence” – Meta Platforms (NASDAQ:META)
Meta Platforms, Inc. HALF CEO Marco Zuckerberg revealed that over 50% of the content on Instagram and 30% of active posts Facebook they are now recommended by artificial intelligence. What…
Factors to consider before purchasing the Bounce
Key points Tesla struggled in the first quarter and doesn’t expect improvements until it launches new products next year. The long-awaited Model 2 is back on the scene and could…
American Battery optimizes lithium project; Steel Dynamics Reports First Quarter Results; Gold Rights Team Up with Taurus Mining and More: Wednesday’s Top Mining Stories – Coeur Mining (NYSE:CDE), American Battery Tech (NASDAQ:ABAT)
American battery technology A BAT updated its initial assessment for the Tonopah Flats Lithium Project (TFLP). It refined the project scope to use only measured and indicated mineral resources, excluding…
Rising oil prices could boost NextEra Energy’s stock earnings
Key points NextEra’s first quarter shows the stock could see a second leg of upside this year as oil prices make alternative energy more attractive. As oil prices rise, analysts…
Boeing Isn’t Junk Yet: Moody’s Outlook on Aircraft Maker Turns Negative – Moody’s (NYSE:MCO), Boeing (NYSE:BA)
Boeing Co.’S BA problems continue as Moody’s Ratings downgraded the aircraft manufacturer’s credit score. What happened: Moody’s lowered its rating on Boeing’s unsecured debt from Baa2 to Baa3, according to…
Pagaya Technologies: An AI-powered fintech that insiders are buying
Key points Pagaya Technologies is an AI-driven fintech company that is growing but slowing down. Insiders are buying and have helped to bottom the market. Analysts reduce targets, but more…