By Trevor Hunnicutt, Jihoon Lee and Ju-min Park
GYEONGJU, South Korea (Reuters) -U.S. President Donald Trump began the final leg of his Asia trip in South Korea on Wednesday, optimistic about striking a trade war truce with Chinese President Xi Jinping and advancing an unresolved tariff deal with South Korea’s Lee Jae Myung.
» Read more about: Trump talks up trade deal prospects as Asia tour hits South Korea »
Climbing the ranks of the Communist Party while working in a coastal province, Xi Jinping — the man now leading China’s push to overtake the United States — kept a poem on his desk that helps explain why he has fought back fiercely against President Donald Trump in their trade war.
The poem,
» Read more about: How the 19th-century opium war shapes Xi’s trade clash with Trump »
US stock market futures traded mixed early Wednesday. Dow Jones futures slipped 33 points or 0.07%, while S&P 500 futures were flat and Nasdaq 100 futures edged up 0.02%.
Investors are awaiting the Federal Reserve’s interest rate decision later today. Markets are pricing in a 99.5% probability of a quarter-point rate cut,
A vote of confidence from AI chipmaker Nvidia sent shares of another tech company soaring Tuesday.
NEW YORK :Spending updates this week from U.S. megacap companies that are investing massively in artificial intelligence could jolt the AI trade that has been a primary driver of the record-breaking U.S. stocks rally.
Capital spending is a crucial component of the AI trade that has propelled equities following the launch of AI assistant ChatGPT in November 2022.
» Read more about: Analysis:Tech spending plans will test stock market's AI trade »
A United States Treasury government check rests on top of a Social Security card.
As October draws to a close, the Social Security Administration sent out its final round of monthly payments this week,
Since we count down weeks as 2nd and 4th waves off the April low, the not-as-deep-as-expected down week ending October 10 can be assessed as the green W-4. The warning levels for this wave count, which have consistently helped our newsletter members stay on the right side of the markets by enabling us to remain long with minimal concerns,
» Read more about: S&P 500 Elliott Wave Update: 7120 Here We Come »
Nvidia is still the primary computing option AI hyperscalers turn to.
Nvidia’s stock is far cheaper than some of its peers that haven’t produced the strong results Nvidia has already delivered.
» Read more about: Is This the Best Artificial Intelligence (AI) Stock to Buy Right Now? »
As organizations race to achieve outsized benefits from artificial intelligence (AI), CFOs must address a frequently overlooked driver of optimal AI returns: internal control structures.
Maximizing AI Investments While Maintaining Essential Controls Hinges on the CFO
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AI risk management is not just about avoiding data security and privacy breakdowns,
Retiring confidently comes down to pulling three levers throughout your working life:
» Read more about: I'm a CPA: Control These Three Levers to Keep Your Retirement on Track »
