Summers Says Fed Policy Is 'On the Loose Side'
Youtube· 2025-09-18 12:42
My own guess is that policy's currently a little looser looking at all financial conditions than people view it as being, and that the current configuration, the balance of risks is a bit more tilted towards inflation rather than on employment. So I think we're a bit on the loose side with respect to monetary policy and monetary policy signalling, but that's very much a difference of degree. ...
Nvidia Bets Big on Intel With $5B Investment
Yahoo Finance· 2025-09-18 12:41
Zeng Yu / VCG via Getty Images Intel shares are soaring Thursday after Nvidia announced a $5 billion investment in the struggling chipmaker. KEY TAKEAWAYS Nvidia is investing $5 billion in Intel and will co-develop chips for PCs and data centers, the companies announced Thursday. Nvidia said it will buy Intel common stock at $23.28 a share, around 7% below where they closed yesterday. Intel shares soared in premarket trading Thursday following the news. Nvidia shares also climbed. Nvidia (NVDA) is ...
The American Express Platinum Cards Are Getting an Update—and a Higher Annual Fee
Yahoo Finance· 2025-09-18 12:41
American Express The updated American Express Platinum cards are available in a "mirror" design. American Express has updated its popular Platinum card—and lifted its annual fee to nearly $900. It's the latest move by a big credit-card issuer to rejigger the offerings of a popular high-end card and to lift the fee users pay to get them. American Express (AXP) in June teased "major updates" to its Platinum Card lineup. That announcement came one day before rival JPMorgan Chase (JPM) introduced changes to ...
How the Fed's new interest rate cut will impact mortgages, auto loans and more
Fastcompany· 2025-09-18 12:41
The Federal Reserve cut its benchmark interest rate Wednesday for the first time in nine months. Since the last cut, progress on inflation has slowed while the labor market has cooled. ...
Strong Performance Lifted Caris Life Sciences (CAI) in Q2
Yahoo Finance· 2025-09-18 12:40
ClearBridge Investments, an investment management company, released its “ClearBridge Select Strategy” second-quarter 2025 investor letter. A copy of the letter can be downloaded here. U.S. equities strongly rebounded in the second quarter. The S&P 500 Index returned 10.9%, and the benchmark Russell 3000 Index advanced 11.0%, as risk-on sentiment took hold following the pause in tariff implementation. The strategy outperformed the benchmark in the quarter, driven by the strength in portfolio construction acr ...
AITX's RAD Hits the Road to Highlight Agentic AI SARA and ROAMEO at Fall Security Conferences
Newsfile· 2025-09-18 12:40
Core Viewpoint - AITX and its subsidiary RAD are showcasing their agentic AI and mobile robotics solutions at major security conferences, emphasizing the transformative potential of these technologies in the security industry [1][3][5]. Company Developments - AITX is experiencing a surge in order activity and has reported record order intake, indicating strong demand for its AI-powered solutions [3][5]. - The company is expanding its portfolio with innovations like SARA, RADCam Enterprise, and ROAMEO, which are designed to modernize security and monitoring operations [3][5][8]. - RAD's participation in conferences is focused on thought leadership rather than traditional trade show booths, allowing for cost-effective engagement with industry leaders [6]. Industry Context - The security and guarding services industry is valued at nearly $50 billion, with AITX's solutions offering cost savings of 35%-80% compared to traditional manned security [8]. - The integration of agentic AI and robotics is seen as a critical advancement for improving operational efficiency and reducing costs in the security sector [6][7]. Leadership and Expertise - The leadership team at AITX and RAD includes experienced professionals from the security and robotics sectors, enhancing the company's credibility and innovation capabilities [10]. - The company has a prospective sales pipeline that includes over 35 Fortune 500 companies, indicating significant growth potential [11][12]. Technological Advancements - AITX's solutions are designed to enhance safety and security through the integration of AI into robotic devices, providing organizations with reliable and efficient security options [7][8]. - The company aims to drive the adoption of mobile robotics, particularly through the ROAMEO platform, to deliver immediate value to clients [8].
PayPal's Google Deal Fuels A Breakout
Seeking Alpha· 2025-09-18 12:40
During one of my previous exploratory research sessions, I came across an intriguing blog post from this large social media company that observed people were increasingly embracing shopping via chat. That was one of the earliest mentions ofUttam is a growth-oriented investment analyst whose equity research primarily focuses on the technology sector. Semiconductors, Artificial Intelligence and Cloud software are some of the key sectors that are regularly researched and published by him. His research also foc ...
ZIM Integrated Shipping: A Steal At 0.45X Book Value
Seeking Alpha· 2025-09-18 12:40
Core Insights - ZIM Integrated Shipping Services reported a decline in both revenue and earnings for its second fiscal quarter, attributed to falling shipping rates [1] Financial Performance - The company missed both bottom and top line results for the quarter, indicating a significant impact from the deteriorating pricing environment in the shipping industry [1]
False alarm: Surge in jobless claims unwinds after recent spike. Layoffs still low.
MarketWatch· 2025-09-18 12:40
The surge in jobless claims in early September to a four-year high turns out to have been a false alarm, at least for now. ...
Gogo Galileo HDX STC approved for Dassault Falcon 2000 family
Globenewswire· 2025-09-18 12:39
BROOMFIELD, Colo., Sept. 18, 2025 (GLOBE NEWSWIRE) -- Gogo (NASDAQ: GOGO) announced today that the Gogo Galileo HDX terminal has received Federal Aviation Administration (FAA) supplemental type certification (STC) approvals for the Dassault Falcon 2000 aircraft family. Dassault Falcon Jet in Little Rock, AR., worked closely with Gogo to obtain the STC modification, which is now available for installation from Dassault Falcon Jet and its Authorized Service Center (ASC) network. This is the first HDX STC for ...