The artificial intelligence trade could get a boost this week with three semiconductor companies set to report earnings after a rough period for the group, according to Bank of America. “We expect beat/raise results from AVGO, MRVL and CRDO to re-energize interest in [artificial intelligence] semis, since capex by U.S. cloud customers and sovereign AI investments remains the only dependable bright demand spot in the global economy,” analyst Vivek Arya wrote in a note to clients this week. Arya’s remarks come as each of those three chip stocks and others closed out last week’s run in negative territory. Bloomberg News…
Author: usaeverydaylife
The US Treasury building in Washington, DC, US, on Monday, Jan. 27, 2025. Stefani Reynolds | Bloomberg | Getty ImagesThe U.S. Department of the Treasury on Sunday announced it won’t enforce the penalties or fines associated with the Biden-era “beneficial ownership information,” or BOI, reporting requirements for millions of domestic businesses. Enacted via the Corporate Transparency Act in 2021 to fight illicit finance and shell company formation, BOI reporting requires small businesses to identify who directly or indirectly owns or controls the company to the Treasury’s Financial Crimes Enforcement Network, known as FinCEN.After previous court delays, the Treasury in late February set…
“We’ve been to some places together us lads, haven’t we?” Matt Peet, head coach of the Wigan Warriors, asks his players.It is half an hour before a landmark occasion inside Las Vegas’ Allegiant Stadium, the first Super League game played on U.S. soil up against the Warrington Wolves. Rugby league has a new frontier and its reigning World Club Champions are urged not to pass up the opportunity that awaits them outside of the dressing room where they sit.“We might play in Las Vegas once in our lives,” says Peet. “Once. And you’ll look back on this whole trip and…
One person was killed and several others injured when a man drove a car into a lunch-hour crowd in the southwestern German city of Mannheim, the police said on Monday.The police said the driver had been arrested, and that they were investigating whether other perpetrators had been involved.Details about the driver were not released. The police did not say whether they believed the crash was deliberate, and they asked people to refrain from sharing video of the incident and the subsequent investigation on social media. The police did not say how many people had been injured.The authorities asked people to…
A release coming from Aurora Innovation next month could catapult the stock higher, according to Morgan Stanley. The bank initiated the self-driving vehicle stock at an overweight rating and $12 price target. This implies a roughly 65% upside from Aurora’s Friday closing price of $7.27. Shares of Aurora have surged nearly 190% over the past 12 months, and are up 18% this year alone. AUR 1Y mountain AUR 1Y chart “It has been 4 years since AUR went public but the market is finally noticing their autonomous leadership and the stock is up over 3x in the last 9 months…
Famed investor Leon Cooperman is taking a more cautious approach to investing, selling profitable holdings while holding onto an outsized level of cash. The chairman of Omega Family Office expressed hesitation Monday in a CNBC interview, saying “I don’t like what I see” in a market with high valuations and against a volatile policy environment. “Basically, I’m selling anything I have that goes up. I’m selling on strength, reducing exposure on strength,” Cooperman said during a ” Squawk Box ” interview. “We have a bunch of stocks have done well. We’re keeping up with the market, which is [a] good…
Microsoft is giving its health-care artificial intelligence tools a makeover. The company on Monday unveiled a new voice-activated AI assistant that combines capabilities from its dictation solution, Dragon Medical One, and ambient listening solution, DAX Copilot, into one tool.”Dragon Copilot” will be able to help doctors quickly pull information from medical sources and automatically draft clinical notes, referral letters, post-visit summaries and more, according to the company. It’s Microsoft’s latest effort to help health-care workers cut down their daunting clerical workloads, which are a major source of burnout in the industry.Clinicians spend nearly 28 hours a week on administrative tasks like…
For almost a decade, Jill Saulnier was an energy line forward for the Canadian women’s national team, winning two Olympic medals and a world championship.Now she can add a new line to her resume: She threw the first real punches in the history of the Professional Women’s Hockey League, in a fight with Ottawa forward Tereza Vanišová.“We were battling out there,” Saulnier told The Athletic. “She got a hold of my stick and dropped it down, and that was just kind of the green flag for me …. I said, ‘Let’s go.’” The first legitimate fight in the #PWHL. 🥊…
WASHINGTON, DC – MARCH 31: Federal Communications Commissioner Brendan Carr speaks during a House Committee on Energy and Commerce Subcommittee on Communications and Technology Hearing titled Connecting America: Oversight of the FCC, on Capitol Hill on Thursday, March 31, 2022 in Washington, DC. (Photo by Jabin Botsford/The Washington Post via Getty Images)The Washington Post | The Washington Post | Getty ImagesBARCELONA – Federal Communications Commission Chairman Brendan Carr on Monday vowed to defend the interests of America’s technology companies against “excessive” European regulation as he urged for a “level and fair playing field.”Speaking in front of an audience of tech…
Thor Industries is an attractive play in the growing recreational vehicle industry, according to Bank of America. Analyst Alexander Perry upgraded the Elkhart, INdiana manufacturer of iconic Airstreams to buy from neutral and bumped his price target by 14% or $15, to $125 from his previous $110. That new target suggests shares can jump more than 25% compared to Friday’s close. Thor gained 2.5% in early trading Monday. Perry sees Thor shares rebounding this year as the company expands its customer base and increases its shipments. “We see evidence of THO recapturing market share, especially at Camping World (CWH) which…
