Slowdown, recession or boom? Bank of America reveals the global stocks to play each eventuality
A recession typically follows a slowdown, but booms can also occur, Bank of America says. It outlined stocks for all three eventualities.
Outperforming fund manager is bullish on these cybersecurity stocks, citing more room for growth
Portfolio manager Philip Ripman says cybersecurity hasn’t yet “experienced that kind of growth,” and names two of his favorite stocks to play it.
Workers want to embrace A.I. — but only 1 in 10 say their jobs involve related skills, Salesforce says
“More workers were excited about its use in their workplace (58%) than worried about it replacing them in their job (42%),” said the cloud software company.
Britain launches $1.2 billion semiconductor plan after U.S. and EU splurge on chips
The U.K. is seeking to boost its domestic chipmaking capabilities and prevent further disruptions to supply after cries for help from bosses at some of the country’s leading firms.
Stocks end Friday lower as GOP negotiators halt debt ceiling talks, S&P 500 notches best week since March: Live updates
All the major averages capped off the week with gains.
Tractor maker Deere’s future in precision agriculture hinges on space-based connectivity
The company, like competitors CNH Industrial and AGCO, has been investing in precision agriculture using sensors, software and data analytics.
Disney scraps plans for new Florida campus, mass employee relocation amid DeSantis feud
Disney and Florida Gov. Ron DeSantis are entangled in a bitter feud centered in part around the company’s special district and development plans.
Here are 3 reasons to buy gold, according to UBS
Gold is down about 2% in May, as optimism around a possible U.S. debt ceiling deal grows. It’s up more than 7% for 2023, and UBS thinks it could reach a record.
CDC urges mpox vaccination among people at high risk to prevent summer surge
The CDC’s call for those at risk to get up to date on their vaccines comes after a cluster of at least 21 mpox cases was reported in Chicago.
Meta pulls the curtain back on its A.I. chips for the first time
Meta revealed that it built a video-processing computer chip and another chip to help with A.I. tasks such as recommendations.
