Seagate’s earnings are welcome news for the battered AI trade

Consumers’ economic outlooks took a bath in early August, according to preliminary survey results published by the University of Michigan on Friday. Views on short-term and long-term U.S. business conditions drove the sharp decline in the university’s index of consumer sentiment, which fell 7.6% from July to land at 51. Reversing two consecutive months of…

TradeStation Securities said Thursday that it has added CME Group single stock futures to its product line-up. The brokerage, which will now offer a new suite of financially settled futures contracts on individual US stocks, explained that the contracts allow traders to take long or short positions on individual US stocks through CME-cleared futures without…

Mayor Zohran Mamdani’s pick to run a key land use board addressed lawmakers’ concerns head-on at his confirmation hearing on Tuesday.  John Mangin, who currently serves as director of the Department of City Planning’s housing division, used the appearance to make up ground with the City Council after several members publicly pushed back on his…

Compared to Oil, Yields Not Quite as Willing to Drop 1 Hour, 54 Min ago Compared to Oil, Yields Not Quite as Willing to Drop While the moment-to-moment correlation between bond yields and oil prices remained almost perfectly intact today, yields were less willing to follow the bigger drops. In other words,…

That figure climbs to 44 percent among recent graduates who have used AI before, while 28 percent of Canadians who have previously used the technology trust it for insurance recommendations.  A gender split runs through the findings.   Men, at 14 percent, are close to twice as likely as women, at 8 percent, to trust AI…