Technology stocks led the stock market to new all-time highs in the past year. In fact, the Technology Select Sector SPDR ETF (ticker: XLK) has more than doubled the S&P 500’s total return in the past 12 months. For more than a decade, brief periods of tech sector underperformance have consistently been long-term buying opportunities, … Read more
Economists around the world are expecting U.S. economic growth to slow in coming quarters, and some are still calling for a mild U.S. recession. It may become difficult for investors to find reliable growth stocks to buy if interest rates remain at 22-year highs for an extended period. Nevertheless, growth stocks have outperformed value stocks … Read more
It is always a stockpicker’s market. You just have to pick the right stocks. If you picked the so-called Magnificent Seven last year—a group of highflying, mostly tech stocks that powered the S&P 500 index to a 24% gain—you looked in the mirror and beheld a genius. This year, it might be wise to avoid … Read more
Accounting data provider Validis announced a technology partnership with automation platform DataSnipper. DataSnipper, when integrated with Validis, delivers a single audit test workflow. Validis provides instant access to financial data provided by the ERP systems from an audit client. Validis then structures the data into usable reports with the ability to extract the structured data … Read more
Cohesity Turing integration with Amazon Bedrock will provide customers valuable insights into their data with responsible AI and governance. Cohesity will showcase additional expanded support for AWS workloads at AWS re:Invent 2023. Cohesity, a leader in AI-powered data security and management, today previewed early access to Cohesity Turing, the company’s comprehensive, patent-pending collection of artificial intelligence … Read more
Finance, Industry and Digital Security Bruno Le Maire, German Economy and Climate Minister Robert Habeck, European Commission President Ursula von der Leyen, US Vice President Kamala Harris, Britain’s Prime Minister Rishi Sunak, Italy’s Prime Minister Giorgia Meloni, UN Secretary General Antonio Guterres and Australia’s Deputy Prime Minister and Minister of Defence Richard Marles (Middle + … Read more
AP automation solutions provider Quadient announced a technology partnership with Atlanta-based Repay Holdings Corporation, a payment solutions provider. With the new Repay integration, Quadient AP generates a payments batch that can be submitted to signing authorities for approval. … Crypto accounting platform Bitwave announced a strategic alliance with Big Four firm Deloitte. The Deloitte-Bitwave alliance … Read more