AI will power the stock market for the next decade, says former Cisco CEO

AI will power the stock market for the next decade, says former Cisco CEO

John Chambers, CEO of Cisco, at the 2015 CGI Annual Meeting in New York. Adam Jeffery | CNBC Artificial intelligence will power the stock market for the next decade, former Cisco CEO John Chambers told CNBC on Wednesday. Chambers, who is also the founder and CEO of JC2 Ventures, said that AI will not only … Read more

The greasy finger trade? Citigroup fined for nearly $189 billion in accidental stock dumping | CNN Business

The greasy finger trade?  Citigroup fined for nearly $189 billion in accidental stock dumping |  CNN Business

London CNN – UK regulators fined Citigroup a combined £62 million ($79 million) on Wednesday for failures in its trading systems that nearly resulted in $189 billion worth of shares being dumped on European markets. The Financial Conduct Authority (FCA) fined Citigroup ( C ) nearly £28 million ($36 million), while the Bank of England’s … Read more

5 things to know before the stock market opens on Wednesday

5 things to know before the stock market opens on Wednesday

Here are the most important news investors should start their trading day: 1. Data keeps circulating Shares rose on Tuesday S&P 500 AND Nasdaq Composite closed with new records, again. The broad index rose 0.25% while the Nasdaq rose 0.22% and the Dow climbed 0.17%. Investors are eagerly awaiting Nvidia’s earnings report on Wednesday. “People … Read more

European markets open lower as UK inflation misses

European markets open lower as UK inflation misses

Marks & Spencer shares rise as the British retailer posts a 58% annual profit rise. Shares in Marks & Spencer rose on Wednesday, hitting levels last seen in early 2018, according to LSEG data. The company’s shares were last up 7.3% at 10:59 a.m. London time. Stock chart iconStock chart icon Marks and Spencer The … Read more

Stock market today: Markets on Wall Street hover near record highs as more retailers report earnings

Stock market today: Markets on Wall Street hover near record highs as more retailers report earnings

Markets on Wall Street were mixed early Wednesday but remained at or above record highs as more results from retailers took center stage amid a lack of economic news. Dow Jones Industrial Average futures barely edged into positive territory, rising less than 0.1% before the bell, while S&P 500 futures fell 0.1%. Target fell 7% … Read more

The tractor market will reach $191.8 billion by 2032, says Global Market Insights inc.

The tractor market will reach $191.8 billion by 2032, says Global Market Insights inc.

Global Market Insights Inc. Tractor Industry size is expected to register 6% CAGR between 2023 and 2032, driven by increasing demand for high-capacity tractor machinery globally. Selbyville, Delaware, May 22, 2024 (GLOBE NEWSWIRE) — The tractor market is estimated to be worth $191.8 billion by 2032, according to a recent study by Global Market Insights … Read more