Palantir (PLTR) CEO Alex Karp isn’t buying into the idea that Anthropic, OpenAI, or any other large language model company can simply move into Palantir’s world. Though he sees the threat that Wall Street is Read more…
The European Central Bank meeting will clarify the outlook for EURUSD. The dollar is failing to capitalise on the favourable backdrop. The US dollar has ignored the escalation of geopolitical tensions in the Middle East Read more…
Mexican restaurants have long been a fixture of the American dining scene, known for their affordability, approachable flavors, and ability to adapt to regional tastes. Over the decades, Tex-Mex and Mexican-inspired dining concepts have become Read more…
US producer prices surged far more than expected in May, highlighting that inflation pressures continue to build beneath the surface of the economy despite Wednesday’s relatively reassuring consumer inflation report. PPI rose 1.1% mom, matching Read more…
US initial jobless claims rose by 4k to 229k in the week ending June 6, slightly above expectations of 225k. The underlying trend also moved higher. The four-week moving average of initial claims, which smooths Read more…
This is the second piece in a series examining “boring” large-cap stocks that have outperformed the Nasdaq-100 over the past five years. The first piece provided an overview of the five companies. This week we Read more…
While issued by different aviation regulatory agencies in a given country, the Air Operator’s Certificate (AOC) is the single most critical license that an airline needs to obtain before it can start running commercial flights. Read more…
The European Central Bank raised its key interest rates by 25bps as widely expected, and the accompanying statement delivered a clear message: the Middle East conflict is now a major inflation problem for the Eurozone. Read more…
The Governing Council is committed to setting monetary policy to ensure that inflation stabilises at its 2% target in the medium term. In line with this commitment, it today decided to raise the three key Read more…
Companies repurchase stock when they’re feeling optimistic about the future prospects of their company. Amazon is no exception, and the world’s biggest online retailer has bought back billions of dollars’ worth of shares in recent Read more…