Barclays lowered shares of ArcelorMittal (NYSE:MT – Free Report) from an overweight rating to an equal weight rating in a research note published on Wednesday morning, Marketbeat reports. A number of other research analysts have also weighed in on MT. Wall Street Zen upgraded ArcelorMittal from a “hold” rating to a “buy” rating in a … Read more
Sleepless in Kyiv: how Ukraine's capital copes with Russia's nighttime attacks
Jakub Porzycki | Nurphoto | Getty Images Meta Platforms declined to sign the European Union’s artificial intelligence code of practice because it is an overreach that will “stunt” companies, according to global affairs chief Joel Kaplan. “Europe is heading down the wrong path on AI,” Kaplan wrote in a post Friday on LinkedIn. “This code … Read more
Pitt Street Research has updated its valuation for oncology company Prescient. Pic: Getty Images Pitt Street Research updates valuation for Prescient Therapeutics, one of the most advanced oncology companies on ASX Prescient has kicked off a phase 2a trial of PTX-100 in patients with a rare blood cancer Pitt Street says PTX-100 could have broader … Read more
Forgotten phone numbers, lingering in customers’ profiles, are a potent weapon for fraudsters, turning a cornerstone of digital security — multifactor authentication — into a direct liability for financial institutions. Account takeover, or ATO, fraud presents a multibillion-dollar threat, but an often overlooked form of attack is gaining traction: The exploitation of recycled phone numbers. … Read more
Embarking on the journey to homeownership can be both exciting and overwhelming, especially when you’re surrounded by a plethora of myths and misconceptions. As a first-time homebuyer, you might have heard that renting is more affordable than owning, or that a flawless credit score is essential. But how accurate are these claims? In this guide, … Read more
Al Dominick December 12, 2024 The stage is set for a massive leadership transition that will reshape the foundation of the banking industry. Picture this: a tidal wave of change comes crashing over the financial services industry, sweeping away the old guard and ushering in a new era of leadership. Fiction? Not if you trust various … Read more
In a significant move that could redefine the landscape of artificial intelligence (AI) server manufacturing, Nvidia (NYSE: NVDA) and Foxconn are reportedly in discussions to deploy humanoid robots at a new Foxconn factory in Houston, Texas. This facility is set to produce Nvidia’s advanced AI servers, including the highly anticipated GB300. The potential integration of … Read more
Image source: Getty Images Could these dirt-cheap FTSE 100 shares be too cheap to miss? Let’s take a look. British American Tobacco Tobacco stocks like British American Tobacco (LSE:BATS) are famed for their robust dividends. The company’s highly addictive products provide a reliable flow of cash over time typically distributed through a generous passive income. … Read more
Marcus Buckmann, Galina Potjagailo and Philip Schnattinger Disentangling the sources of high inflation, exceeding inflation targets in the post- pandemic period, has been a priority for monetary policy makers. We use machine learning for this task – a boosted decision tree model that fits non-linear associations between many indicators and inflation. We add economic interpretability … Read more