Happy Saturday! I hope you’ve had a great week. Though, unfortunately, stocks certainly did not.  The market ended a rough week on a sour note after receiving August’s weak jobs report. Broadly speaking, the data missed expectations and reinforced worries about a weakening labor market and potential incoming recession. And that’s led the S&P 500
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Tom Yeung here with this week’s Sunday Digest… where each week I bring you the best stories and investment ideas from the analysts across InvestorPlace.  Over the past several weeks, you’ve heard me talk a lot about artificial general intelligence (AGI). That’s the moment when AI becomes smarter than humans in a broad variety of
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We all know by now that compound interest is hard to visualize. As early as 1256 AD, storytellers began recording the wheat and chessboard problem. It’s a story where a king agrees to reward a subject with one grain of wheat on the first square of a board, two on the second square… and continues
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Editor’s note: This article was previously published under the headline, “New Survey Shows Companies Are ‘All In’ on AI”. It has since been updated with new information. AI has taken the world by storm, becoming the hottest sector on Wall Street, dominating media headlines, and leading conversations. Bain & Company, one of the world’s largest
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The U.S. economy is likely expanding significantly, as the Federal Reserve is now predicting that the economy will grow by a strong, seasonally adjusted, annualized rate of 2.9% above inflation during the current quarter. Still, the U.S. unemployment rate surged to 4.3% in July — up from 4.1% in June. The savings rate tumbled to
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How many times did we warn investors about Intel (NASDAQ:INTC)? Sometimes, buying dips can sink ships. Today, we’ll be generous and give Intel stock a “D” grade instead of an outright “F,” since Intel’s chip-foundry business could be highly valuable someday. For the time being, though, there’s no need to sit on a toxic asset and
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