By Tejas Dessai We believe that Cybersecurity is a compelling theme in 2024 for multiple reasons. First, an evolving attack landscape requires corporations to keep their guard up and security spending elevated. Second is the growing relevance of generative AI, which is a double-edged sword. Generative AI enables malicious actors to discover vulnerabilities and improve attack
Nordstrom Inc. has formed a special committee of independent directors to explore going private, the company said on Thursday — a move that arrives as clothing retailers struggle with subdued demand and pressure from investors for stronger profits. Original Post
U.Today – Recent days have witnessed a shift in sentiment toward the ETF sector, with data revealing a temporary downturn in flows. According to recent data from a notable analytics firm, Bitcoin spot ETFs experienced a net outflow of $165 million yesterday. Notably, Grayscale ETF GBTC reported a net outflow of $133 million, while BlackRock
Former U.S. President Donald Trump sits in the courtroom during his trial over charges that he falsified business records to conceal money paid to silence porn star Stormy Daniels in 2016, in Manhattan state court in New York City, U.S. April 18, 2024. Brendan McDermid | Reuters This story is developing. Please check back for
The only aspect of consistency in the market’s outlook for rate cuts lately has been pushing the expected date forward. Recent history falls in line with this trend and September is now seen as the earliest date for policy easing. Fed funds futures this morning (Apr. 18) are a roughly 71% probability that the Federal
Thursday, April 18, 2024 The Zacks Research Daily presents the best research output of our analyst team. Today’s Research Daily features new research reports on 16 major stocks, including NVIDIA Corporation (NVDA), Alphabet Inc. (GOOGL) and Johnson & Johnson (JNJ). These research reports have been hand-picked from the roughly 70 reports published by our analyst
Sales of previously owned homes dropped 4.3% in March compared with February, to a seasonally adjusted annualized rate of 4.19 million units, according to the National Association of Realtors. Sales were 3.7% lower than in March 2023. This came after a big jump in sales in February. Rising mortgage rates are likely the cause of
An Alaska Airlines Boeing 737 MAX 9 taxis at Seattle-Tacoma International Airport on March 25, 2024 in Seattle, Washington. Stephen Brashear | Getty Images Alaska Airlines forecast second-quarter and full-year earnings well ahead of estimates on Thursday with executives predicting a strong peak travel season, despite a first-quarter loss stemming from a midair blowout of
Infosys’s stock continued its selloff Thursday toward a 10-month low, after the India-based information-technology consultant reported fiscal fourth-quarter revenue that missed expectations. Original Post
Cryptocurrency markets took a tumble last week, and while things have calmed down this week, there’s no clear sign of recovery yet. After a stellar 7 months of growth culminating in April, the total cryptocurrency market cap has fallen by over 15%. This wipes out all the gains made in March, with the current value
Bio-Rad Laboratories, Inc. BIO is expected to release first-quarter 2024 results on May 2 after the closing bell. The company posted adjusted earnings per share (EPS) of $3.10 in the last reported quarter, beating the Zacks Consensus Estimate by 5.8%. Bio-Rad beat earnings estimates in three of the trailing four quarters and missed the same
Jerome Powell hints: You can’t hurry cuts. No, you’ll just have to wait. Inflations not easing, But It’s a game of give and take. You can’t hurry cuts, no, you just got to wait, just trust in the Fed’s time, it’s a game of interest rates. How many heartaches must we stand before inflation’s so
Signage at 23andMe headquarters in Sunnyvale, California, U.S., on Wednesday, Jan. 27, 2021. David Paul Morris | Bloomberg | Getty Images 23andMe CEO Anne Wojcicki is considering a proposal to take the genetic testing company private after its stock price has tumbled more than 95% from its 2021 highs. Wojcicki is working with advisors and
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