Heather Erickson, author at TradeMarketNews

Google Limits Gemini from Answering Global Election Queries

Leave a Comment / Technology News / By Heather Erickson

On Tuesday, Google announced that it will restrict its artificial intelligence (AI) chatbot Gemini from replying to questions about the global elections this year to prevent potential misuse in technology development. The rising concerns over misinformation and fake news, fueled by gen-AI advancements in image and video creation, prompt government regulations. According to reports, the …

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US Stock Index Futures Ease After Stronger CPI Data

Leave a Comment / Stock News / By Heather Erickson

US stock futures eased in late trading on Tuesday following a surge in major indexes despite consumer price index (CPI) data ending above expectations, while markets will now turn their focus on readings for the country’s producer price index (PPI) and retail sales, due later this week. The S&P 500 futures shed 0.04% at 5,239.00 …

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TikTok Ban Discussed Amid National Security Concerns

Leave a Comment / Technology News / By Heather Erickson

TikTok’s ban in the US raised concerns about threats to national security on Monday, as former president Donald Trump opposed the halt, saying it would likely empower Meta’s Facebook platform. In an interview, Trump asserted that without TikTok, one can make Facebook more significant. He also mentioned that the platform is an enemy of the …

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Oil Drops on Soft Chinese Demand Despite OPEC+ Cut Extension

Leave a Comment / Commodity News / By Heather Erickson

On Friday, oil prices slid due to low Chinese demand despite an output cut extension by the Organization of Petroleum Exporting Countries and Allies (OPEC+). The US West Texas Intermediate (WTI) petroleum futures for April delivery retreated 1.17% to $78.01 per barrel on March 08. Moreover, analysts anticipate a 0.46% tumble to $77.42 a barrel …

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Stocks of the Target declined Following the Holidays

Target Jumps on Q4 Earnings Beat, Circle 360 Launch Hype

Leave a Comment / Stock News / By Heather Erickson

On Tuesday, Target Corporation’s shares rose after better-than-expected fourth-quarter earnings and anticipation for its Circle 360 membership. The Minnesota-headquartered retailer’s stock soared 12.03% to $168.60 per share on March 05 following its latest earnings call. Nevertheless, industry experts predict short-term profit-taking to drive a 1.12% slide to $166.71 apiece in the coming market session. Target …

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Apple China iPhone Sales Fall 24% on Stiff Local Competition

Leave a Comment / Technology News / By Heather Erickson

US tech titan Apple Inc. saw its iPhone sales in key market China plummet in the first six weeks of this year, reflecting weak demand for the company’s flagship smartphone and indicating a more competitive environment due to the strength of local brands. Data from a Hong Kong-headquartered tech analyst firm showed that Apple’s iPhone …

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Oil Prices Surge as OPEC+ Maintain Output Cuts

Leave a Comment / Commodity News / By Heather Erickson

Oil prices rose Monday as OPEC+ extended output cuts through the second quarter, aligning with expectations. Russia also committed to reducing production and exports, contributing to the surge. Brent futures ending in May soared by 0.41% to $83.89 per barrel. Moreover, West Intermediate (WTI) futures expiring in April climbed by 0.35% to $80.25 a barrel. …

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Dell Soars on Q4 Earnings Beat, Robust AI Server Demand

Leave a Comment / Stock News / By Heather Erickson

On Friday, Dell Technologies had its best trading day since 2018 on better-than-expected fourth-quarter performance and AI server demand. The Texas-headquartered tech company’s stock advanced 31.62% to $124.59 per share on March 01 following its latest earnings call. Furthermore, industry analysts anticipate a 0.86% climb to $125.66 apiece in the coming market session. Dell posted …

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Heather Erickson

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