Bank of America Raises S&P 500 Earnings Forecast Bank of America’s Optimistic Outlook Bank of America recently raised its 2024 earnings-per-share estimate for the S&P 500 to $250 from $235. Additionally, for 2025, the bank is forecasting EPS at $275, growing 10% year over year. This positive forecast comes after companies delivered a strong beat…
Google blocks Gemini from responding to political queries globally following India controversy Introduction Google has blocked its Gemini AI chatbot from answering virtually all election-related questions globally to mitigate potential misinformation during critical times. A Google spokesperson described the global nature of the restrictions, stating: “In preparation for the many elections happening around the world…
US President Joe Biden announces $300 million emergency weapons package for Ukraine Washington (AFP) – US President Joe Biden announced on Tuesday a $300 million emergency weapons package to prop up Ukraine while Congress blocks further aid, as Poland’s leaders visited the White House to warn of the growing threat from Russia. Biden said the…
The Implications of February’s US CPI Report for the Fed Analysis of the US Inflation Pressure Recently, there have been discussions among various financial institutions regarding the implications of February’s US CPI report for the Federal Reserve. RBC has noted that the breadth of US inflation pressure has narrowed, indicating a potential shift in economic…
Expanding Horizons: Ohanafy Partners with NASCAR A New Chapter Begins The No. 51 Ohanafy Ford Darkhorse Ohanafy recently made a groundbreaking announcement, revealing its partnership with NASCAR driver No. 51 Justin Haley. This collaboration marks a significant milestone for Ohanafy as it signifies the brand’s expansion into all beverage categories. The decision to join forces…
The Trial of Satoshi Nakamoto Who is the Real Satoshi? In the closing stages of the legal case over the identity of Bitcoin’s creator, the Crypto Open Patent Alliance (COPA) said that Craig Wright has failed to establish his claims despite multiple attempts at forgery and should be prosecuted criminally. COPA’s lawyers said during the…
San Fransisco, California, March 12th, 2024 Chainwire DeFi platforms revolutionizing financial systems DeFi trading platforms are starting to offer advanced utilities that are challenging conventional financial systems. These emerging platforms feature cutting-edge technology and offer decentralized alternatives to legacy systems. Especially in the context of asset trading, users can leverage the potential of blockchain technology…
Marex Appoints John Pietrowicz to Group Board A Seasoned Financial Leader Marex, the diversified global financial services platform, has appointed John Pietrowicz to its Group Board. Pietrowicz, formerly the Chief Financial Officer at CME Group, brings a wealth of experience in financial markets and regulatory oversight to his new role. According to a statement by…
