In an era where manipulated videos can spread disinformation, bully people, and incite harm, UC Riverside researchers have created a powerful new system to expose these fakes. Amit Roy-Chowdhury, a professor of electrical and computer engineering, and doctoral candidate Rohit Kundu, both from UCR’s Marlan and Rosemary Bourns College ofContinue Reading
Spencer Platt/Getty Images News RBC Capital Markets sees slowing economic growth as a roadblock for a sustainable rotation out of high-flying growth and large-cap stocks into other areas of the stock market. The Russell 200 (RTY)(IWM) rally late last week while the S&P 500 (SP500)(SPY) slumped following the June CPIContinue Reading
cagkansayin With Big Pharma $380B deal-making firepower, Morgan Stanley cites a favorable backdrop for biopharma M&A as key drugs in their portfolios face patent cliffs, risking as much as $180B in revenue. In a research note this week, Morgan Stanley analysts led by Terence Flynn listed large-cap drugmakers with theContinue Reading
Barclays economists on Friday said they now expect the Federal Reserve to make two cuts in interest rates in 2024, citing softening inflation- and labor-market data as reasons to revise its call from one cut. Barclays had previously expected one cut in September by the Federal Open Market Committee. ThisContinue Reading
Anne Czichos AT&T (NYSE:T) suffered a hack of customer data which included records of calls and texts of its users for a six-month period in 2022. AT&T’s stock was down about 2% premarket on Friday. The Dallas-based telecom giant said in an SEC filing that on April 19 the companyContinue Reading
Aeon Aviation Photography Boeing (NYSE:BA) has informed some customers that deliveries of 737 Max planes due in 2025 and 2026 will be delayed even further by 3-6 months, people familiar with the matter told Bloomberg. Some of the aircraft deliveries due next year have been pushed into 2026, the sourcesContinue Reading
Spencer Platt/Getty Images News Yardeni Research projected further gains for the S&P 500 (SP500)(SPY), raising its target to 5,800 for 2024 as it expects cooling inflation to lead the Federal Reserve into starting interest-rate cuts this year. The year-end target was raised from 5,400. The new projection implies a nearlyContinue Reading
Bonnie Cash/Getty Images News Market research firm CFRA said it spotted three hints about the timing for interest rate cuts from Federal Reserve Chairman Jerome Powell’s policy testimony this week on Capitol Hill. Powell appeared before the House Financial Services Committee on Wednesday, wrapping up two days with lawmakers discussingContinue Reading
FotografieLink/iStock via Getty Images Get ready for Day 2 of testimony from Fed Chair Jerome Powell. Fresh off an appearance before the Senate Banking Committee, the central bank leader will sit before the House Financial Services Committee, with many investors watching his every word on rates, the current environment, andContinue Reading
SlavkoSereda/iStock via Getty Images Crude oil futures fell for a third straight session Tuesday, after Hurricane Beryl appeared to cause little lasting damage to energy facilities on the Texas coast, and operations are expected to be fully restored quickly. Multiple refineries that were shut as a precaution ahead of theContinue Reading
