Pre-Markets Blossom on Goldilocks Jobs Data
https://www.zacks.com/stock/news/2268039/pre-markets-blossom-on-goldilocks-jobs-data?cid=CS-ZC-FT-ahead_of_wall_street-2268039
May 03, 2024 - 175K new jobs and +0.2% wage growth are both lower than expected but still clearly positive.
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How Scrappy Cryptominer CoreWeave Transformed Into the Multibillion-Dollar Backbone of the AI Boom
https://www.wired.com/story/coreweave-scrappy-cryptominer-multibillion-dollar-ai/
May 03, 2024 - CoreWeave, once a small player in crypto, is now a $19 billion unicorn that provides GPUs to AI developers. Its frenetic culture and rising competition now pose challenges, former employees say.
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Jobs Data, Apple Earnings May Lead To Extended Rally On Wall Street
https://www.rttnews.com/story.aspx?Id=3444820
May 03, 2024 - The major U.S. index futures are currently pointing to a sharply higher open on Friday, with stocks likely to extend the rally seen over the course of the previous session.
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U.S. Stocks Likely To Extend Rally On Jobs Data, Apple Earnings
https://www.rttnews.com/story.aspx?Id=3444819
May 03, 2024 - Following the rally seen over the course of the previous session, stocks are likely to show another strong move to the upside in early trading on Friday. The major index futures are currently pointing to a sharply higher open for the markets, with the S&P 500 futures up by 1.2 percent.
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European Economics Preview: Eurozone Jobless Data Due
https://www.rttnews.com/3444630/european-economics-preview-eurozone-jobless-data-due.aspx?type=alleco
May 02, 2024 - Unemployment figures from the euro area and Spain, and the purchasing managers' survey results for the services sector from the U.K. are the highlights on the economics front on Friday. Eurozone jobless rate is expected to remain steady at 6.5 percent in March. Eurostat is set to release the data at 05:00 am ET.
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Chinese Equities: 5 Data Points Suggest Long-Term Bull is in its Infancy
https://www.zacks.com/commentary/2267569/chinese-equities-5-data-points-suggest-long-term-bull-is-in-its-infancy?cid=CS-ZC-FT-investment_ideas-2267569
May 02, 2024 - Chinese stocks have endured a debilitating 15-year bear market. However, several bullish data points suggest that now is the time to be long-term bullish. Stock Strategist Andrew Rocco explains.
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Australia Home Loan Data Due On Friday
https://www.rttnews.com/3443929/australia-home-loan-data-due-on-friday.aspx?type=alleco
May 02, 2024 - Australia will on Friday release March figures for home loans, highlighting a light day for Asia-Pacific economic activity. In February, loans were up 1.6 percent on month and investment lending added 1.2 percent.
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Automatic Data Processing (ADP) Q3 Earnings Beat Estimates
https://www.zacks.com/stock/news/2266324/automatic-data-processing-adp-q3-earnings-beat-estimates?cid=CS-ZC-FT-analyst_blog|earnings_article-2266324
May 01, 2024 - Automatic Data Processing's (ADP) top line benefits from a strong segmental performance in third-quarter fiscal 2024.
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Microsoft signs deal to invest more than $10 billion on renewable energy capacity to power data centers
https://www.cnbc.com/2024/05/01/microsoft-brookfield-to-develop-more-than-10point5-gigawatts-of-renewable-energy.html
May 01, 2024 - Microsoft and Brookfield Asset Management will develop 10.5 gigawatts of renewable energy, in a deal they describe as the largest of its kind.
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A Vast New Data Set Could Supercharge the AI Hunt for Crypto Money Laundering
https://www.wired.com/story/ai-crypto-tracing-model-money-laundering/
May 01, 2024 - Blockchain analysis firm Elliptic, MIT, and IBM have released a new AI model—and the 200-million-transaction dataset it's trained on—that aims to spot the “shape” of bitcoin money laundering.
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