Gran Tierra Energy Inc. Provides Release Date for its 2025 Third Quarter Results
Gran Tierra Energy Inc. ( “Gran Tierra” or the “Company” ) ( NYSE:GTE ) ( TSX:GTE ) ( LSE:GTE ) announces that the Company will release its 2025…
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US stocks open mixed as Oracle’s $50B AI spending plan sparks market jitters
US stocks opened mixed on Thursday as Oracle’s troubling earnings report spooked investors despite the Federal Reserve’s dovish rate cut just a day earlier. The S&P 500 fell 0.3%, unable to hold Wednesday’s momentum near record highs, while the tech-heavy Nasdaq Composite retreated 0.7%, reflecting broader concerns about AI spending sustainability.
Top 5 Artificial Intelligence Stocks Poised to Soar Over the Next 12 Months
Since the first mainstream media coverage on the growth of Artificial Intelligence (AI), investors have paid close attention to this rapidly growing new industry. Investors are closely monitoring AI-related stocks, hoping to capitalize on this potent megatrend. The implementation and utilization of AI across diverse sectors, including healthcare, finance, manufacturing, and transportation, have unveiled new…
Investors bought U.S. growth stocks, dumped value this week
LONDON (Reuters) – Investors dumped U.S. value stocks and bought growth stocks in the week to Wednesday, according to BofA Global Research, a period marked by cooler than expected inflation data that sent bond yields lower. There were $1.8 billion of inflows to U.S. growth stock funds in the week, and $2.6 billion of outflows…
Barack and Michelle Obama endorse Harris in video of live call
By Jarrett Renshaw (Reuters) – Former President Barack Obama and his wife Michelle endorsed Kamala Harris’ bid for president on Friday in a roughly one-minute long video that captured a private phone call between the couple and the current vice president. “We called to say Michelle and I couldn’t be prouder to endorse you and…
European drinks group skid after US surgeon general calls for cancer warnings
(Reuters) – Shares in European spirits makers and brewers fell on Friday after the U.S. surgeon general called for cancer warnings on alcoholic drinks. Alcoholic drinks should carry a label warning consumers about their cancer risks, U.S. Surgeon General Vivek Murthy said in an advisory, noting that their consumption increases the risk of developing breast,…
US power use forecast to reach record highs in 2024 and 2025
(Reuters) – U.S. power consumption will rise to record highs in 2024 and 2025, the U.S. Energy Information Administration (EIA) said in its Short Term Energy Outlook (STEO) on Tuesday. EIA projected power demand will rise to 4,096 billion kilowatt-hours (kWh) in 2024 and 4,125 billion kWh in 2025. That compares with 4,000 billion kWh…
AI stocks to leave big impact on Russell reconstitution
By Chuck Mikolajczak and Lewis Krauskopf NEW YORK (Reuters) – Investors are gearing up for the final reconstitution of the benchmark indexes by FTSE Russell on Friday, with the furious rally in artificial intelligence (AI) related stocks over the past year expected to leave an outsized imprint on their final shape. The Russell Reconstitution, an…
Live Nation seeks to end US states’ claim of damages for concertgoers
By Jody Godoy (Reuters) – Live Nation Entertainment asked a federal judge in New York on Thursday to dismiss several states’ claims that the live event promoter harmed event-goers by stifling competition with its ticket-selling arm, Ticketmaster. Live Nation seeks to dismiss part of the lawsuit the U.S. Department of Justice and a coalition of…
Boeing’s new CEO moves to factory heartland to stem safety crisis
By Allison Lampert and David Shepardson WASHINGTON (Reuters) -Boeing’s new CEO Kelly Ortberg said on Thursday he would be based in the planemaker’s birthplace Seattle, moving closer to the factory floor to rein in a safety crisis. Ortberg’s confirmation of earlier reports that he would move to Puget Sound, Washington, rather than Boeing’s corporate headquarters…