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You are here: Home / Archives for US Top News and Analysis

A.I. is on a collision course with white-collar, high-paid jobs — and with unknown impact

July 31, 2023 by US Top News and Analysis

Technology has disrupted many workplaces. Artificial intelligence like ChatGPT may have an outsized impact on higher-paid office jobs, experts said.

Filed Under: Uncategorized

Bank of America upgrades Hasbro, says new ‘Magic: The Gathering’ cards will boost earnings

July 31, 2023 by US Top News and Analysis

The bank upgraded the stock to buy from neutral on Monday, and increased its price target to $85 from $68.

Filed Under: Uncategorized

Morgan Stanley upgrades Adobe, cites A.I. acceleration

July 31, 2023 by US Top News and Analysis

The bank upgraded Adobe to overweight from equal weight on Monday.

Filed Under: Uncategorized

Sell Carvana as the company’s current tailwinds aren’t sustainable, Jefferies says

July 31, 2023 by US Top News and Analysis

Carvana stock could be poised for a 32% slump as profitability proves to be unsustainable, according to Jefferies.

Filed Under: Uncategorized

Goldman Sachs upgrades Chevron, says big gains are coming for the energy giant

July 31, 2023 by US Top News and Analysis

The firm upgraded shares of the oil giant to buy from neutral Monday and raised its price target to $187.

Filed Under: Uncategorized

Teamsters says U.S. trucking firm Yellow shuts operations, to file for bankruptcy

July 31, 2023 by US Top News and Analysis

Cash-strapped U.S. trucking company Yellow has ceased operations and is filing for bankruptcy after failing to reorganize, the Teamsters Union said on Sunday.

Filed Under: Uncategorized

Euro zone economy shows resilience as second-quarter GDP beats expectation, inflation slips

July 31, 2023 by US Top News and Analysis

Despite falling inflation and surprisingly strong growth figures, economists still fear a recession could be in the cards for the ero zone.

Filed Under: Uncategorized

Saudi Arabia’s economic growth slows as oil cuts, price drops bite into revenues

July 31, 2023 by US Top News and Analysis

The International Monetary Fund had dubbed Riyadh the fastest growing economy in the Group of 20 in 2022.

Filed Under: Uncategorized

War is returning to Russia, Zelenskyy warns; Putin says China and Africa could help end conflict

July 31, 2023 by US Top News and Analysis

Ukrainian President Volodymyr Zelenskyy warned war is returning to Russia, while President Vladimir Putin says China and Africa could help end conflict.

Filed Under: Uncategorized

Bank of Japan needs to move sooner to a new normal as current policy is ‘very harmful’, says strategist

July 31, 2023 by US Top News and Analysis

BOJ kept its ultra low interest rates unchanged but shocked financial markets by loosening its yield curve control — or YCC — in a sudden move that has wide-ranging implications.

Filed Under: Uncategorized

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