Economic Digest News

The company’s backlog has reached $95 billion as demand accelerates for its AI servers

Enterprise cyber threats and AI adoption are giving Palo Alto Networks ‘durable tailwinds,’ according to CEO Nikesh Arora, but the stock retreated after an earnings beat

“I paid a significant amount into Social Security.”

“I am frustrated and financially exhausted from continuing to invest my own money into these properties.”

The index last closed below its 50-day moving average on April 10, which marked the end of a correction phase that included a 5,000-point drop at its low point.

The adoption of artificial intelligence at work has been widespread, but more “shallow” than expected — for now.

An unrelenting rout has global bond yields touching their highest levels since 2008, driving up borrowing costs for households, businesses and world governments.

Oil prices on Tuesday settled at their highest levels in nearly six weeks, after the U.S. military said it struck Iranian targets in the Strait of Hormuz in response to Tehran’s overnight attacks […]

Despite typical first-time buyers navigating a challenging housing market in recent history, a growing number of young adults have been able to become homeowners.

“His argument is essentially that, since my parents provided the money for the Roth, they have a say in how I invest it.”