Talks Resume on Oil Production Cuts Amid Covid Crisis

[ad_1] Saudi Energy Minister Prince Abdulaziz bin Salman Al-Saud speaks via video link during a virtual emergency meeting of OPEC and non-OPEC countries, following the outbreak of coronavirus disease (COVID-19), in Riyadh, Saudi Arabia on April 9, 2020. Saudi Press Agency | Reuters LONDON – OPEC and non-OPEC allies will resume talks on Thursday to … Read more

3 booming stock billionaires sold in Q3

[ad_1] You wouldn’t know how crazy 2020 has been just by looking at benchmark year performance S&P 500. Including dividends, the widely followed index produced low double-digit returns. This comes after losing 34% of its value in less than five weeks during the first trimester. But not everyone is excited about the new eight-month-old equity … Read more

Tesla climbs as Goldman raises buy rating and price target to $ 780

[ad_1] Tesla TSLA, -2.72% Shares rose more than 3% to $ 586 in pre-market trading as Goldman Sachs increased the electric vehicle maker to buy from neutral and raised its price target to $ 780 from 455 $. The investment bank said the shift to battery-electric vehicle adoption was accelerating, due to falling battery prices … Read more

OPEC and its allies strike deal for small production increase

[ad_1] The Organization of the Petroleum Exporting Countries and its allies are closing in on a deal to modestly increase their collective oil production to 500,000 barrels a day from next month, people familiar with the matter said. The deal would mark a compromise between some of the world’s largest producers as they meet later … Read more

Bitcoin Price Rises After US Proposes Stable Law

[ad_1] In the letter The price of Bitcoin suddenly jumped in the early hours of Thursday morning. It comes after US regulators proposed a bill to regulate Stablecoins. US stocks and equities continued the record run of November. Anyone who has said Bitcoin is beyond politics clearly didn’t know what happens when politicians try to … Read more

Tesla jumps after Goldman Sachs upgrades automaker’s stock, raises price target by 40%

[ad_1] AP Photo / Ng Han Guan Tesla won on the pre-stock market on Tuesday after Goldman Sachs upgraded the electric vehicle maker’s stock to “buy” from “neutral” and raised its price target to $ 780. Strategists believe that widespread adoption of electric vehicles is accelerating, that battery prices are falling rapidly, and government regulations … Read more

Is COVID-19’s “vaccine nationalism” real? UK can say

[ad_1] For months now, public health experts have worried about the phenomenon of ‘vaccine nationalism’ – countries loudly touting their own efforts to tackle the COVID-19 pandemic, sometimes at the expense of cooperation and coordination global. How does Britain’s world’s first approval on Wednesday of a rigorously tested vaccine, with large-scale inoculations to begin next … Read more

Intel partners with Amazon on AI deep learning technology

[ad_1] The Intel Neural Compute Stick 2 is designed to create smarter AI algorithms and to prototype computer vision at the edge of the network. It enables in-depth neural network testing, tuning, and prototyping, so developers can move from prototyping to production. Courtesy of Intel Corporation Text size Intel said this week that they have … Read more