Day: September 1, 2023

As the name suggests, “growth stocks” are expected to yield exponential increases in earnings and revenue, and these companies will often sidestep quarterly dividend payouts in favor of reinvesting in their own growth. The trade-off for outsized share price returns is often higher volatility; these stocks easily outperformed during the first half of the year – but as concerns over a hawkish Fed crept back into markets over the past month, they were the first names punished with heavy selling. Now that markets are moving higher off last month’s lows, it’s a good time to survey the landscape of… Read More “2 Growth Stocks to Buy on the Dip”

Only 7% of traders are anticipating an interest rate hike at the Federal Reserve’s September meeting in the wake of inflation data this week that met economist expectations and an August jobs report that reflects a growing equilibrium of supply and demand in the labor market. The Personal Consumption Expenditures index, the Fed’s preferred inflation gauge, increased 3.3% year-on-year in July and matched economist projections Thursday. The August jobs report released Friday shows nonfarm payroll growth of 187,000 jobs, topping projections of 170,000. At the same time, unemployment ticked higher… Read More “Economic Data Takes Pressure Off Fed For Another Rate Hike, SEC Loses Court Fight Over Bitcoin ETF, Cannabis Stocks Rally With Drug’s DEA Classification Under Review: The Week In The Markets”

Queen Silvia of Sweden officially opened a high-tech residential complex for dementia patients in the small town of Forst in eastern Germany on Friday. Hundreds of residents came to the town centre to welcome the monarch, many pulling out their mobile phones and waving small Swedish flags. Silvia, 79, has been personally involved in helping people with dementia and memory loss for decades. She established the Silviahemmet non-profit foundation in 1996, which seeks to improve the quality of life of people suffering from the disease. “Every person is unique, even in dementia,” the queen said in … Read More “Swedish queen opens housing complex for dementia patients in Germany”

By CasarsaGuru / Getty Images The gaming World is no stranger to innovation when it comes to using technology. This time, the technology concerns not the game itself but rather online play — for the launch of “Call of Duty: Modern Warfare III,” Activision has announced the introduction of a moderation system that uses AI to detect any hate speech during real-time voice chat. The gaming World is no stranger to innovation when it comes to using technology. This time, the technology concerns not the game itself but rather online play — for the launch of “Call of Duty: Modern Warfare III,” Activ… Read More “AI will monitor voice chat for the next ‘Call of Duty’ title”

Washington [US], September 2 (ANI): As the countdown for India’s first solar mission, Aditya-L1, to the Sun has begun, former commander of the International Space Station Chris Hadfield hailed the “Indian technological prowess” and said that everybody on Earth is “counting on technology”. The launch of India’s Sun mission is scheduled for Saturday at 1150 IST from the launch pad at Sriharikota, with the launch rehearsal and vehicle internal checks all being completed. Aditya-L1 is India’s first solar space observatory and will be launched by the PSLV-C57. It will carry seven different payloads… Read More ““Everybody on Earth is counting on…”: Ex-Commander of International Space Station on India’s Sun mission Aditya-L1”

Despite a rally over the last few trading sessions, U.S. stocks closed August in the red, with the S&P 500 Index ($SPX) and Nasdaq Composite ($NASX) falling 1.7% and 2.2%, respectively. The fact that September has historically been the worst month for markets likely brings little comfort for investors – and while the caveat remains that past performance is not indicative of future returns, it cannot be denied that market sentiments are currently not as positive as they were a couple of months back. Against this backdrop, investors need to be watchful of the dreaded “September effect.” Notably,… Read More “Another “Worst Month” for Stocks this September? Here’s the Biggest Risk Right Now”