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Wall Street’s stock market strategists have begun unveiling their targets for 2018, and the consensus is bullish. Credit Suisse, Deutsche Bank, UBS, and BMO Capital are among firms telling their clients to prepare for double-digit gains in the S&P 500 (^GSPC). The basic narrative: domestic and international economic growth will continue to boost earnings, while low interest rates will keep valuations high. In a note to...

21 November, 2017 /

One of Wall Street's most vocal bulls sees trouble in the stock market. Raymond James' Jeffrey Saut is detecting a couple of red flags that could trigger a 5 to 10 percent pullback just in time for the holidays. The first is connected to the historic stock performance following President Donald Trump's election win. "One thing that nobody is talking about is the...

20 November, 2017 /

NVIDIA NVDA +3.14% and Amazon.com AMZN +13.13% have announced new Machine Learning software stacks in the NVIDIA GPU Cloud (NGC), and a new 8 Volta GPU EC2 instance for immediate availability, respectively. While this announcement was completely expected, it is an important milestone along the road to simplifying and lowering the costs of Machine Learning development and deployment for AI...

30 October, 2017 /

According to the World Bank, there are two billion people globally who currently have no access to banking services. There are many reasons for this: they may not have built up enough traditional credit history, they may have bad credit because of poor financial choices in the past, or they may live in an area where access to credit and...

30 October, 2017 /

This is a preview of a research report from BI Intelligence, Business Insider's premium research service. To learn more about BI Intelligence, click here. Fintech hubs — cities where startups, talent, and funding congregate — are proliferating globally in tandem with ongoing disruption in financial services. These hubs are all vying to become established fintech centers in their own right, and want to contribute...

01 October, 2017 /

Several noted economists and distinguished investors are warning of a stock market crash. Jim Rogers, who founded the Quantum Fund with George Soros, went apocalyptic when he said, “A $68 trillion ‘Biblical’ collapse is poised to wipe out millions of Americans.” Mark Faber, Dr. Doom himself, recently told CNBC that “investors are on the Titanic” and stocks are about to “endure a...

18 July, 2017 /

A groundswell of concern is building on Wall Street that the U.S. stock market is in dangerously high territory. This week, the Nasdaq Composite hit a new high as the Dow Jones Industrial Average and S&P 500 remained in record territory — and they are up 28%, 18% and 16% respectively from a year ago. Meanwhile, the S&P 500 is...

02 May, 2017 /

The U.S. stock market is overvalued on most every long-term fundamental metric. Rising inflation and interest rates during 2017 would be bad news for stock pricing. The Republican push for trade protectionism could torpedo the economy and stock market. Hedged portfolios and greater cash levels may prove an intelligent strategy for the rest of 2017. Don't kid yourself. New investors in the U.S. stock...

07 March, 2017 /

Everyone wants to make a lot of money, right? In fact, nearly seven in 10 people consider salary and compensation a top priority when choosing a job, according to a recent Glassdoor survey. The online job review and search Web site has released its latest report, highlighting 25 of the highest-paying jobs in America based on salary reports shared on the site over the past 12 months. Glassdoor also...

10 January, 2017 /

WASHINGTON (AP) — Expecting a baby? Congratulations! Better put plenty of money in your savings account. The Department of Agriculture says the estimated cost of raising a child from birth through age 17 is $233,610, or as much as almost $14,000 annually. That's the average for a middle-income couple with two children. It's a bit more expensive in urban parts of...

03 January, 2017 /