Author: IA PressRoom

Photo by Spencer Platt/Getty ImagesGetty Images June has traditionally been the second weakest month after September. This observation derives from the Dow Jones average back to 1885. Analysis of the S&P 500 over more recent years suggests a more positive tone to this month. I am leaning toward the latter and more bullish interpretation. For this month, the cycle/relative strength concept is applied. First, the Dow Jones 30 stocks are ranked from the best performer to the worst by calculating the expected return in that month. The top stocks were screened as follows. The top best traditional performers in the…

The writer is international policy director at Stanford University’s Cyber Policy Center and serves as special adviser to Margrethe VestagerTech companies recognise that the race for AI dominance is decided not only in the marketplace but also in Washington and Brussels. Rules governing the development and integration of their AI products will have an existential impact on them, but currently remain up in the air. So executives are trying to get ahead and set the tone, by arguing that they are best placed to regulate the very technologies they produce. AI might be novel, but the talking points are recycled: they…

© Reuters. FILE PHOTO: A view of the Twitter logo at its corporate headquarters in San Francisco, California, U.S. November 18, 2022. REUTERS/Carlos Barria/File Photo (Reuters) – Incoming Twitter Chief Executive Linda Yaccarino has tapped former NBCUniversal executive Joe Benarroch to take on a senior business operations role at the social media platform, the Wall Street Journal reported on Sunday.

The upshot? Disney hoped “The Little Mermaid” would generate as much as $1 billion worldwide, with the furor evaporating once the film arrived in theaters. Feedback scores from test screenings were strong, as were early reviews. “Alan Menken just told me that he thinks this one is better than the animated film,” Robert A. Iger, Disney’s chief executive, said at the film’s premiere last month, referring to the Oscar-winning composer.Instead, “The Little Mermaid” will top out closer to $600 million, box office analysts said on Sunday, largely because the film faltered overseas, where it was “review bombed,” with online trolls…

Maybe not. Even if the Federal Reserve skips an interest rate hike at its June 13-14 meeting and opts to pause awhile to give 5% benchmark rates more time to slow the economy and reduce inflation, stocks and bonds still face many challenges. “I’m aggressively neutral on our equity outlook,” said Elizabeth Burton, chief investment strategist in client solutions and capital markets at Goldman Sachs Asset Management, in a phone interview Friday. “Our forecast is still 4,000 on the S&P 500, about a 6.5% drop from current levels.” Burton pointed to negative equity fund flows this year, with investors instead…

Gen Zers and millennials have serious economic anxiety. Factors at play include a shaky economy, student debt payments, inflation, and healthcare costs. But the biggest issue is probably a housing market that simply feels unfair.  Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app Gen Zers and millennials are anxious.You see it in survey results. You sense it in anti-capitalist TikTok videos. You hear about it when talking to your friends or colleagues, or if you’re a parent of a 20-something or 30-something, from your…

When it comes to retirement, it is always better to start saving early. getty A regret-free retirement requires several years of planning, putting money aside, and staying the course. The average expected retirement age in America is now 66, according to a Gallup poll. In comparison, life expectancy is 76.4 years. This is only about ten years of enjoying life after work. Retirement is a crucial phase you prepare for by working hard for decades to ensure you can save enough to enjoy your golden years. The retirement checklist below highlights steps you need to take to guarantee a comfortable…

© Reuters. FILE PHOTO: People stand above the Hollywood sign under a cloudy sky in Los Angeles, California, U.S., May 31, 2023. REUTERS/Mike Blake/File Photo (Reuters) – The Directors Guild of America (DGA) said it reached a tentative contract deal with major film and television studios that have been grappling with arduous negotiations with Hollywood unions. The three-year labor agreement with the Alliance of Motion Picture and Television Producers, which represents major studios like Netflix (NASDAQ:) and Walt Disney (NYSE:) Co include gains in wages, streaming residuals, an agreement on artificial intelligence and a decrease in work hours. “We have…

XRP, the digital asset associated with Ripple, has experienced a significant surge in the capital, with an influx of $2 billion. This notable increase in investment has sparked speculation about the potential price trajectory of XRP in the coming year. Investors and enthusiasts are now wondering if XRP has the potential to reach the $10 mark in 2023. Let’s explore the factors that may influence XRP’s price movement and evaluate the likelihood of it reaching the $10 milestone in the year ahead.XRP Price Prediction XRP’s price has encountered resistance around the 0.5295 level after a recent surge above the 0.5145 support. If XRP manages to…

jetcityimage/iStock Editorial via Getty Images AstraZeneca (NASDAQ:AZN) announced Sunday Phase 3 data to indicate that its oral tyrosine kinase inhibitor Tagrisso reduced the risk of death by 51% in patients with a certain form of non-small cell lung cancer (NSCLC) after tumor removal. Ahead of a presentation at the ongoing annual meeting of the American Society of Clinical Oncology (ASCO), the British drugmaker cited results as a validation of Tagrisso’s potential in lung cancers with mutations in the epidermal growth factor receptor (EGFR). The ADAURA global study was designed to evaluate Tagrisso, also known as osimertinib, in an adjuvant setting…