Conventional investing wisdom dictates that the summer months are a sleepy time for markets. But that is started to change over the past decade.
: Catholic Church’s stance on AI ethics: Technology should be ‘at the service of humanity’
Some 90% of business leaders are concerned about ethical standards, but they don’t have a framework to address the topic, according to a Deloitte study.
Economic Report: U.S. trade deficit in goods falls 6% on weaker consumer demand for imports
The trade deficit in goods narrowed 6% in May due to lower oil prices and less demand among consumers for imports, perhaps a sign of a softer U.S. economy.
The Ratings Game: Nvidia stock selloff presents a ‘buying opportunity,’ analysts say as they shrug off China fears
Nvidia and AMD shares were falling amid a report suggesting forthcoming additional China export restrictions, but analysts didn’t seem too concerned.
: ChargePoint, Tesla stocks get a lift as EV maker inks another charging win
Shares of ChargePoint were getting a jolt after the maker of charging solutions for EVs said it would start supporting NACS, the standard designed by Tesla.
The Ratings Game: Netflix stock gets another $500 price target, as lowest-priced plan is phased out
Netflix’s stock rose Wednesday after it garnered another $500 price target from a Wall Street analyst.
The Moneyist: ‘We were in a bad place’: My husband wrote a secret will. Should I do the same — and remove him as beneficiary on my life insurance?
‘My husband is the beneficiary on my life-insurance policy. I would now like to change that.’
Futures Movers: U.S. oil prices end at highest in a week as EIA reports a nearly 10 million-barrel weekly drop in U.S. crude supplies
Oil futures climb on Wednesday, with U.S. prices ending at their highest in a week official data show that domestic crude inventories fell by almost 10 million barrels last week, but domestic supplies of gasoline and distillates unexpectedly rose.
: Virgin Galactic stock rises on eve of first commercial spaceflight
Virgin Galactic is targeting Thursday for the Galactic 01 mission.
Project Syndicate: George Soros: ‘I am instinctively opposed to AI, but I don’t know how it can be stopped.’
The world faces a three-headed ‘polycrisis’: artificial intelligence; climate change and Russia’s invasion of Ukraine, Soros writes.
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