In an age dominated by technology, the surging demand for data centers presents a staggering reality for energy companies. Morgan Stanley believes Liberty Energy (LBRT) could capitalize on this burgeoning need, achieving an impressive 68% upside potential from its current trading prices. The upgrade from equal weight to overweight reflects a critical re-evaluation of Liberty’s
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Amazon has embarked on a bold journey to integrate generative artificial intelligence (AI) into its expansive e-commerce empire, and the implications are nothing short of profound. Testing initiatives like the Interests AI and Health AI reflect a company hellbent on redefining the consumer experience. However, beneath the surface, one must question whether this technological evolution
March 2023 has proven to be tumultuous for many high-profile companies, and Meta Platforms stands out among them. However, the tumultuous backdrop of the month may be mistakenly construed as a time of despair, rather than a compelling opportunity. Chris Grisanti, the chief market strategist at MAI Capital Management, has emerged as a beacon of
Recent indications reveal an unsettling reality: the United States is flirting with a significant economic downturn, with a gut-wrenching 50% chance of recession looming on the horizon. A survey conducted by Deutsche Bank, canvassing the opinions of 400 respondents from March 17-20, places the likelihood of a recession within a 12-month timeframe at roughly 43%.
Recent developments in the financial markets have highlighted a substantial trend: Many investors are gravitating towards bond exchange-traded funds (ETFs) following a shaky spell in the stock market. The latest figures show bond funds garnered around $90 billion within the last month, almost rivaling the $126 billion drawn by equity funds. Such movements indicate a
The Securities and Exchange Commission’s (SEC) extensive campaign against cryptocurrencies is seemingly reaching a key turning point, marked dramatically by Ripple’s recent triumph. On a seemingly ordinary Wednesday, Ripple announced that the SEC had officially abandoned its four-year long legal battle against the company. This marked not just a personal victory for Ripple, but a
The American economy is at a crossroads, as recent statements from Federal Reserve officials, including Chicago Fed President Austan Goolsbee, have highlighted rising uncertainties that could have serious implications for future economic policy. With interest rates on hold for now, the attention has shifted to factors influencing economic growth, including tariffs and inflation. The ambiguity
In a stunning twist to an already turbulent tech landscape, Perplexity AI is reportedly in advanced discussions to secure between $500 million and $1 billion in funding, poised to catapult its valuation from a mere $9 billion in December to an astonishing $18 billion. This meteoric rise raises eyebrows and questions about the sustainability of
In the fiercely competitive realm of human resources software, the recent lawsuit filed by Rippling against Deel not only underscores the aggressive tactics employed by startups in pursuit of market dominance, but also raises alarming questions about ethical boundaries in the modern corporate landscape. Accusations of espionage and trade-secret theft present a picture that is
The ongoing saga of President Donald Trump’s fluctuating tariff policies marks a deeply troubling chapter in the current economic landscape. Kevin Hassett, director of the National Economic Council, recently echoed what many in the financial world have been saying: we are facing substantial unpredictability until at least April 2. This admission isn’t simply a political