The U.S. is about to reclaim the top spot on the list of the world's fastest supercomputers. Summit, a $200 million system designed by International Business Machines (NYSE:IBM) for the Department of Energy's Oak Ridge National Laboratory, is tailor-made for big data and artificial intelligence (
At first, the gifts seemed innocent enough: a free dinner and a private helicopter tour over the Grand Canyon. By the end of it, though, the Polish official was standing in a Warsaw parking lot, accepting $100,000 in bags of cash, given to him in exchange for multi-million-dollar government contracts.
You might be thinking that this government employee was being paid off by the mafia or some....More>>>
Oil prices may continue to rally past 3陆-year highs and all the way to $85 a barrel as soon as July, according to Pulitzer Prize-winning author and closely followed energy analyst Dan Yergin.
Prices in the oil market have been steadily rising since last year, fueled by strong demand and output caps imposed by major producers aimed at draining a global crude glut. More recently, oil futures....More>>>
Banca Monte dei Paschi di Siena SpA made progress toward a turnaround after its Italian state rescue, relying on cost cuts and lower bad-debt provisions to swing to an unexpected profit. The stock rose the most since November.
First quarter net income at the Siena-based lender totaled 188 million euros ($224 million) compared with a 169 million-euro loss a year earlier. That beat the average....More>>>
There are no deals set to price in the upcoming week; however, we expect to begin to see filings from companies targeting January 2018 IPOs. We rounded out 2017 at an even 160 IPOs, raising $35.5 billion in total proceeds, nearly double that of 2016.
Six Lock-Up Expirations, Including Blue Apron
Six 2017 IPOs will have lock-ups released this week, including US meal-kit delivery service....More>>>
Investment company Marshall & Sullivan Inc buys iShares MSCI EAFE, sells iShares Russell 2000, iShares Core S&P Mid-Cap during the 3-months ended 2017-09-30, according to the most recent filings of the investment company, Marshall & Sullivan Inc . As of 2017-09-30, Marshall & Sullivan Inc owns 40 stocks with a total value of $108 million. These are the details of the buys and sells.
Following past boom/bust cycles, the oil business appears to have bottomed in February 2016 at $27 a barrel. The bruising multi-year bust in crude oil prices was the biggest reason for the world stock market sell-off from late 2015 to early 2016 of roughly 15% overall. The cruel irony of ultra-low prices is its disruptive effect on regular exploration activity. A short-term oil market depression....More>>>
We're supposed to start saving for retirement as early in our careers as possible. But things don't always work out that way. Maybe it took too long to boost your earnings enough to sock away a sizable sum. Or maybe you spent your 40s and 50s saddled with mortgage and credit card debt, followed b
Nektar Therapeutics (NASDAQ:NKTR) traded down 7% during mid-day trading on Monday . The stock traded as low as $81.26 and last traded at $93.47. 7,181,158 shares were traded during mid-day trading, an increase of 131% from the average session volume of 3,104,085 shares. The stock had previously
Disney(NYSE:DIS) will announce its fiscal third-quarter results on Aug. 7, just as the entertainment giant's acquisition of Twenty-First Century Foxmoves closer to becoming final. That merger promises to bring changes to the business over the next few years that could cloud the growth and earnin
ZenCash (CURRENCY:ZEN) traded 8.8% lower against the US dollar during the 24-hour period ending at 22:00 PM ET on July 20th. Over the last week, ZenCash has traded up 28.5% against the US dollar. One ZenCash coin can now be bought for approximately $26.37 or 0.00362182 BTC on exchanges including