Industrial Goods – Jahanagahi
Categories
Markets

Affirm stock soars as company tops revenue expectations ‘despite volatile market conditions’

Shares of Affirm Holdings Inc. emerged in after-hours trading Thursday after the buy-now pay-later company delivered a revenue beat and an upbeat volume forecast in the face of “volatile market conditions.” The company posted a fiscal third-quarter net loss of $54.7 million, or 19 cents a share, compared with a loss of $287 million, or […]

Categories
Artificial intelligence

California’s AI-Powered Wildfire Prevention Efforts Contend With Data Challenge

California-based utility companies are increasingly investing in artificial intelligence for wildfire mitigation but say they are struggling to collect enough data to train the AI. Southern California Edison, San Diego Gas & Electric Co. and PG&E Corp. say they see promise in AI algorithms that use images captured by drones and other means to detect […]

Categories
Markets

Stock Turmoil Spreads to Junk Bonds, Hurts Deals

Shock waves from the stock market’s declines are spreading into junk bonds, sending prices tumbling and forcing some companies to cancel new deals. Average prices of US high-yield bonds fell to around 91 cents on the dollar Monday, the lowest level since May of 2020 when pandemic shutdowns slammed the global economy, according to data […]

Categories
Markets

Dow Falls for Fourth Straight Day

US stocks swung between gains and losses on Tuesday as uncertainty over inflation, interest rates and the economy continued to weigh on the market. All three major indexes opened higher, with the technology-heavy Nasdaq Composite up 2.8% at one point. By late morning, stocks had mostly erased those gains and appeared on track to extend […]

Categories
Economy

Opinion: Keep calm — there’s no recession on the way. These 13 stocks may rise as investors figure this out

A so-called hard landing of the US economy is not going to happen. It’s a false fear. We may have a bumpy landing, but the odds of hard landing — a possible recession — are low for the reasons below. If I am right, it confirms what extremely negative sentiment is already telling us: Stocks […]