Salesforce Wants To Be The Top AI CRM Company: Can It Solve Its Growth Problem?
AI is the next big thing in the IT industry. Salesforce wants to be on top of it.
Emerging Market Stocks Could Make A Big Comeback In 2024
There have been the best, the worst and the mediocre times for emerging market equities. This year was modest, with the iShares Emerging Markets Index (EEM) gaining 4.3% YTD compared to 18.7% of the S&P 500.
Big Tech Stocks Led Wall Street Gains In 2023 — What Is Next?
In recent weeks, small stocks, financials and real estate stocks have led gains on Wall Street as investors bought shares of companies that could benefit from a new investment narrative: declining interest rates and a growing economy.
Greece's Next Hot Export Could Be Medical Tourism
To find out how a small country like Greece ends up competing in the medical service sector and how Americans take advantage of it, International Business Times spoke with Dr. George Patoulis, president of the Athens Medical Association and Elitour, the Greek Health Tourism Council.
The Misery Of Holiday Air Travel: Can It Be Fixed?
Flying should be the fastest and most comfortable way of getting around the U.S. and the world for leisure and business travel. So why isn't it?
Tesla's Price Cuts Will Bring EVs To The Masses - What Does It Mean For The Stock?
Nowadays, interest in EVs has spread to a larger group of consumers who are critical to helping EVs cross the "tipping point" to reach the mass market. The problem is that this group consists of older, more conservative consumers who are cautious decision-makers, reluctant to pay the high price tag that comes with EVs.
Stocks And Bonds Rally For Another Week On Renewed Hopes Of Soft Landing – What Is Ahead?
The S&P 500 closed at 4,514.02, up 2.5% for the week; the Dow Jones at 34,947.10, up 2%; the tech-heavy Nasdaq at 14,125, up 3.1% and the small-cap Russell 2000 at 1797.77, up 5.8%.
Why High-Interest Rates Have Not Pushed The U.S Economy Into A Recession Yet
High interest rates for a prolonged period usually push the U.S economy into a recession. But not this time around -- at least not yet.
Stocks And Bonds Search For Direction After Mixed Economic Data
U.S stocks and bonds moved in the opposite direction on Wednesday following the release of mixed data on the state of the U.S economy.
Stocks Roar Back Led By Technology Shares – Will Moody's And Inflation Spoil The Rally?
The S&P 500 closed at 4,415.25, up 1.1 % for the week; the Dow Jones at 34,283.10, up 0.53%, and the tech-heavy Nasdaq at 13,798.1, up 2.07%.
Uber Is Riding To Profitability At A Slower Speed As It Tries To Fix Its Business Model
Uber is a global leader in ride-hailing, food delivery and other mobility services. Its app connects drivers and riders, capitalizing on the economies of a network associated with a large base of users.
Starbucks Keeps The Hype For Lattes Alive As It Turns From A 'Third Place' To 'Convenience Place'
Last week, the world's largest coffee shop chain reported solid financial results for the fourth quarter of 2023.
Stocks And Bonds Rally On Hopes Of The Fed Engineering A 'Golden Path' For The US Economy
The new narrative that renewed the interest of traders and investors on both debt and equities was floated by Chicago Fed President Austan Goolsbee in a CNBC interview on Tuesday morning.
Apple And Microsoft: Overvalued Or Undervalued?
Both companies are undervalued when the EVA growth of the two companies is compared to the growth in their market capitalization.
Stocks And Bonds Surge As The Tone Changes On Wall Street – Will The Rally Last?
The S&P 500 ended at 4,358, up 4.8 % for the week; the Dow Jones at 34,061, up 4% and the tech-heavy Nasdaq at 13,478, up 5.1%.
Stocks Rebound On Lower Bond Yields, Better Earnings
U.S. stocks staged a strong rebound on Wednesday afternoon, following a sharp drop in bond yields. The rebound continued in pre-market trade on Thursday.
October Jobs Report: What To Expect
A labor market report to be released this Friday by the U.S. Bureau of Labor Statistics (BLS) will show that the U.S. economy added jobs at a slower pace in October and that the unemployment rate remained steady.
US-China Relations At A Turning Point As Economic War Hurts Both Countries
The U.S.-China relations are said to be about to turn the corner, as both countries suffer the consequences of the trade war.
FOMC Meeting Preview: Geopolitics And Financial Instability Could Bring The Fed Closer To Pivot
There are a couple of good reasons behind another interest rate hike pause, despite the resilience of the U.S. economy and the elevated inflation.
Stock Market Sell-Off Broadens, Spreading To Tech Leaders — Time For Bargain Hunting?
Traders and investors, who earlier in the year were looking for every excuse to buy, are now looking for every reason to sell.
The Fed Should Get Inflation Right, Stop Raising Interest Rates
The nation's central bank should get inflation right and stop raising interest rates.
Stock Sell-Off Deepens On Rising Bond Yields, Mixed Earnings – Is There An End In Sight?
The U.S. Treasury bond market has been in a perfect storm lately brewed by several factors. One is the resilience of the U.S economy, as evidenced by the better-than-expected September job market and retail sales reports.
What P&G Price Hikes Tell About Basic Consumer Goods Inflation And US Economy
Procter & Gamble's recent product price hikes represent an unrecorded form of inflation facing the American consumer.
Why US Tech Leaders Defy Rising Interest Rates
Rising interest rates have been a significant headwind for U.S. equities — but not for leading technology companies.
Stocks Could Get A Boost From Better Third Quarter Earnings
U.S. stocks could get a boost from a better third-quarter earnings season, as bond yields ease.
Inflation Remains Elevated, Complicating Fed's Interest Rate Policy
Inflation remains elevated above the Federal Reserve's official targets -- no matter how you measure it -- complicating the Fed's interest rate policy.
Inflation, High Interest Rates Are Taking Their Toll On Small Businesses In US, Canada And UK
Inflation raises the cost of producing goods and services, recorded in the second line of the income statement, and therefore, cuts into gross margins. Interest rates raise the cost of credit, and therefore, reduce net earnings.
Why Stocks Rallied On A Solid Jobs Report
A solid jobs report is usually unfavorable for equities, as it raises fears of further interest rate hikes to ease inflation pressures. Thus, the spike in the U.S Treasury bond yields sent stocks sharply lower in pre-market and early regular trading on Friday.
Why The Fed Cannot Afford To Keep Interest Rates High For Too Long
The Fed can only keep interest rates high for a short time. It must lower the cost of borrowing for the federal government, which keeps accumulating more elevated and higher debt.
September Labor Market Reports Could Change The Game For Bonds, Stocks And Commodities
The Bureau of Labor Statistics will publish the September nonfarm payrolls report on Friday. It's a monthly survey based on questionnaires distributed to business establishments nationwide to determine the number of jobs the private businesses created each month.
