The dollar index continues to benefit from several key factors – growing expectations for more hawkish Fed, as rising oil prices fuel inflation, strong risk aversion environment that boosts its safe-haven appeal and sharp selloff Read more…
The headline manufacturing PMI edged down 0.1 point to 54.5 in September, but remained in expansion for a ninth consecutive month. ISM indicated that the reading was consistent with annualized real GDP growth of 2.4%. Read more…
For the time I’ve been following the AI pricing story, I keep coming back to one observation. The cost of getting an answer from an AI has fallen faster than almost anyone predicted. Almost every Read more…
When a new chief executive arrives at a major company, the first moves tend to set the tone for everything that follows. Projects get reviewed. Teams get assessed. The priorities that defined the previous era Read more…
A new geothermal energy company in Utah just reached a major milestone. Fervo Energy (FRVO) used oil-industry drilling methods to extract clean power from hot rocks deep underground, and analysts are now paying attention to Read more…
Ask most investors who makes AI chips, and they will name Nvidia (NVDA), which designs them but does not build them. Ask who makes the machines that build them, and the room usually goes quiet. Read more…
Markets The final quarter of the year kicked off spectacularly. Core bonds sold off again in yet another sign of how strong the underlying trend is, particularly at the long end of the curve. In Read more…
US ISM Manufacturing PMI edged from 54.6 to 54.5 in September, missing the 55.0 consensus but remaining firmly in expansion. The headline softness masked stronger demand indicators: New Orders rose from 53.7 to 55.3, while Read more…
Cathie Wood, chief of Ark Investment Management, is known for making big bets on disruptive technology stocks. Sometimes, she’ll even buy when these stocks are rising, and that’s what she did this week. Wood just Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal Some areas of your home are Read more…