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This under-the-radar AI defensive sector is quietly outperforming all others, despite not receiving much support from investors: Constellation Energy (NASDAQ:CEG), American Electric Power (NASDAQ:AEP)

September 11, 2024 by Mei

The utilities sector has emerged as the best-performing sector within the S&P 500 so far in 2024. As of September 11, the Select Utilities Sector SPDR Fund XLU has increased by 22% so far this year, outperforming all other sectors and even surpassing the technology sector, followed by the Technology …

'They're eating the cats': How Polymarket traders predicted Donald Trump's bizarre statement and pre-debate handshake

September 11, 2024 by Mei

Donald TrumpObama's viral claim that Haitian immigrants are “eating cats” was one of several unlikely events that political operatives successfully predicted would occur at Tuesday's presidential debate. What happened:The statement Trump made in response to the vice president Kamala Harris questioning the size and participation at his rallies, almost immediately …

Adobe Q3 Earnings Preview: AI Tools in Focus, Analysts Expect Uptick with Strong Second Half Ahead – Adobe (NASDAQ:ADBE)

September 11, 2024 by Mei

Software company Adobe Inc ADBE It could provide another example of a company using artificial intelligence for new products and financial growth when the company reports third-quarter financial results after the market closes on Thursday. Earnings estimates: Analysts expect Adobe to report third-quarter revenue of $5.37 billion, up from $4.89 …

Stocks fall as inflation data cools rate cut enthusiasm, chipmakers and solar sector soar on Harris-linked boost: What's driving markets on Wednesday? – Albemarle (NYSE:ALB)

September 11, 2024 by Mei

Wall Street saw a broad sell-off on Wednesday, with the exception of the technology sector, as investor optimism about the progress of disinflation cooled following a mixed inflation report for August. The consumer price index (CPI) rose 2.5% year-over-year, slightly below the 2.6% estimate and down from 2.9% in July, …

Want organic cannabis? Operators turn to this technology to save millions and get certified

September 11, 2024 by Mei

How do you know if your cannabis is truly organic? Cannabis operators are now using cutting-edge technology to meet strict organic compliance standards while eliminating microbial risks – without harmful chemicals. In an exclusive interview with Benzinga Cannabis, Arthur de CordovaCEO and co-founder of Goalrevealed how its innovative radio frequency …

Bitcoin mining company CleanSpark expands its boundaries, buys seven facilities for $30 million in Tennessee – Cleanspark (NASDAQ:CLSK)

September 11, 2024 by Mei

In a major expansion move, CleanSpark Pool Cleaner CLS It is planned to acquire seven Bitcoin BTC/USD mining facility in Knoxville, Tennessee, expanding the miner's current hash rate by over 22%. What happened: The acquisition of CleanSpark includes the associated land and is projected to improve its current hash rate …

Netflix vs. Disney: Internet traffic crowns one streaming giant, while both leave competitors behind: Netflix (NASDAQ:NFLX), Walt Disney (NYSE:DIS)

September 11, 2024 by Mei

Consumers have plenty of options when it comes to streaming platforms. New traffic data could point to a winner and a runner-up when it comes to the streaming sector. What happened: Streaming giant Netflix Inc NFLX It has dominated the sector for many years and new Internet traffic suggests that …

Solar stocks rise as Harris gains momentum after Trump debate: Top 7 clean energy gainers: Array Technologies (NASDAQ:ARRY), Canadian Solar (NASDAQ:CSIQ)

September 11, 2024 by Mei

Solar energy stocks rose on Wednesday, rebounding from recent four-year lows, after Vice President Kamala Harris's strong performance against the former president Donald Trump in their highly anticipated presidential debate on ABC. Investors appeared encouraged by Harris' performance during the debate, which signaled possible stability for clean energy policies under …

Donald Trump lost the debate to Kamala Harris and will lose ground in the polls, say Polymarket traders: Will there be a rematch?

September 11, 2024 by Mei

Vice President Kamala Harris He seems to have gained an advantage over the former president Donald Trump after their first presidential debate on Tuesday, according to prediction markets and early polling data. What happened: Market prediction platform Multimarket shows that oddsmakers strongly favor Harris' performance in the debate. From the …

Historical inflation data hits lowest level since February 2021, but one segment remains stubbornly high (UPDATED) – Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), SPDR S&P 500 (ARCA:SPY)

September 11, 2024 by Mei

Editor's note: This story has been updated with additional details. The annual US inflation rate in August fell to its lowest point since February 2021, signaling a further easing of pressure on the cost of goods and services for American consumers. The Consumer Price Index (CPI) recorded a lower-than-expected annual …