US Reaches Vietnam Trade Deal With 20% Import Tariff, Trump Says
By Francesca Stevens, Nguyen Dieu Tu Uyen, and Jennifer A. Dlouhy 07/02/2025 09:32:19 [BN] Summary by Bloomberg AI President Donald Trump announced a trade deal with Vietnam, which includes a 20% tariff on Vietnamese exports to the US and a 40% levy on goods deemed to be transshipped through the country. In return, Vietnam agreed to […]
AI sceptic Emily Bender: ‘The emperor has no clothes’
By George Hammond June 20th 2025 Before Emily Bender and I have looked at a menu, she has dismissed artificial intelligence chatbots as “plagiarism machines” and “synthetic text extruders”. Soon after the food arrives, the professor of linguistics adds that the vaunted large language models (LLMs) that underpin them are “born shitty”. Since OpenAI launched […]
Big Tech Is Back in S&P 500 Driver’s Seat as Profit Engines Hum
Summary by Bloomberg AI ▪ The same technology giants that contributed to the S&P 500’s decline in April are now driving the recovery in US equities. ▪ Big Tech results have shown demand for cloud-computing services, software, electronic devices, and digital advertising remains intact despite trade tensions. ▪ The Magnificent Seven stocks (Nvidia, Microsoft, Tesla, […]
What Americans Need to Know About the US Deficit and Impact
The Penn Wharton Budget Model excellent article outlining what Americans Face to address and solve the US Deficit Crisis- Why the US Government must act now. Click Link Below: What Americans Need to Know about the US Debt and its Consequences
Earnings growth can help stave off stock market valuation concerns in 2025, ETF firms say
Jesse Pound CNBC December 17th, 2024 Market strategists at major ETF firms are optimistic about the stock market rally continuing in 2025, expecting large tech stocks to keep generating solid earnings and stave off valuation concerns in the near term. “We anticipate that US Large Cap equity can maintain its structural advantage over developed markets […]
Treasury Market Expecting Fed Cuts Muting Reaction
Ira F. Jersey and Will Hoffman Bloomberg Intelligence September 20, 2024 The Federal Reserve’s downward shift in the dot-plot from the summary of economic projections has been fully priced by the market, but we think this outcome is less likely than an early end to cuts, or deeper cuts than are priced. The 2-year/10-year yield […]
How Apple could double its revenue growth, according to top analyst Laura Martin
Alex Harring CNBC July 10, 2024 Needham sees Apple doubling its revenue growth by building out an advertising business. Analyst Laura Martin said the big technology company’s single-digit revenue growth rate feels “increasingly at risk” over a three-year time horizon. Instead, she said the personal technology giant should follow fellow megacap tech titan Amazon’s lead in […]
Starbucks Will Get a Jolt. Its Stock Is a Buy.
Evie Liu Barron’s June 14, 2024 Starbucks is brewing plans for a turnaround after surprisingly weak second-quarter earnings. Same-store sales at the world’s largest coffee chain declined 3% in North America and 6% in international markets, the result of soft demand and more competition in China. The stock, which has slumped almost 17% this year, […]
Strategists See Dip-Buying Shot Arising From Stock Rally’s Pause
Alexandra Semenova Bloomberg August 21, 2023 Citi, HSBC, Goldman eying when investors should pile in With soft landing, it may hit reset on lofty equity valuations If the August downturn for US stocks resumes, Wall Street strategists say it may be a buying opportunity for those who sat out of this year’s rally — not the beginning […]
Wall Street Forecasts Project Profit Recession Ends Next Quarter
Jessica Menton Bloomberg August 5, 2023 With Corporate America’s earnings season nearing an end, the takeaway is clear: Challenges remain, but for a broad swath of companies the worst of the profit pain is likely over as margin-shredding inflation pressures ease. The bad news: S&P 500 Index companies are on track to notch a third straight quarter […]