LNG Market Poised for Growth and Stability as Asia Fuels Demand, Experts Say – ET EnergyWorld
LNG market set for balance and expansion as Asia drives demand, say Experts, ET EnergyWorld New Delhi: The global LNG market is expected to remain stable and balanced over the coming decade, driven by phased capacity expansion, consistent demand, and evolving infrastructure, experts said at the Economic Times Oil & Gas Annual Conference & Expo […]
5 Factors Driving US Stocks to Record Highs
2024 was a banner year for equity investors. Stocks have cranked out record highs practically every week despite stretched valuations, political uncertainty, and interest rates remaining high through the fall. The Morningstar US Market Index has returned more than 29% in the year to date, putting it on track for its best year since 2019. […]
Oracle Earnings: Stock Plummets on Weaker Forecast
Key Morningstar Metrics for Oracle What We Thought of Oracle’s Earnings Narrow-moat Oracle ORCL reported second-quarter results that aligned with our revenue expectations and were slightly better than our adjusted earnings per share assumption. Strong artificial intelligence demand continued to drive revenue growth, particularly in Oracle cloud infrastructure, where performance remains impressive. This growth is […]
What Drove the Nasdaq Past 20,000: Identifying Weaknesses in the Stock Market
What propelled the Nasdaq above 20,000 — plus, weak spots in the stock market Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Market moves: Tech stock strength on Wednesday pushed the Nasdaq up nearly […]
Fintech Abu Dhabi Brings Together Global Tech Leaders, Solidifying Abu Dhabi’s Status as a Financial Innovation Hub
Fintech Abu Dhabi Unites Global Tech Leaders, Reaffirms Abu Dhabi as a Hub for Financial Innovation ABU DHABI, UAE, Dec. 11, 2024 /PRNewswire/ — Fintech Abu Dhabi returned for its highly anticipated eighth edition, reinforcing its status as the Middle East’s biggest fintech festival. Part of Abu Dhabi Finance Week (ADFW), the flagship event series […]
Mali Arrests and Niger Site Takeover Shake Western Mining Companies
The escalation is expected, however, to hit firms seeking finance and insurance – curbing supply growth in Africa’s engine of gold output, more than a dozen people, including mining employees, financiers, insurance providers and government sources, told Reuters. The push by Mali, Burkina Faso and Niger’s military governments to renegotiate terms with mining companies and gain […]
Following Earnings: Is Salesforce Stock a Buy, Sell, or Hold?
Salesforce CRM released its third-quarter earnings report on Dec. 3. Here’s Morningstar’s take on Salesforce’s earnings and stock. Fair Value Estimate for Salesforce With its 3-star rating, we believe Salesforce’s stock is fairly valued compared with our long-term fair value estimate of $315 per share, which implies a fiscal 2025 enterprise value/sales multiple of 7 […]
VERSES Releases Latest Version of Genius™
VERSES AI Inc. has released a software update for its flagship product, Genius™, enhancing its reasoning and planning capabilities. This update, available to beta program participants, aims to assist machine learning practitioners with improved user experience, including a new model building interface and simplified tutorials. CEO Gabriel René highlighted Genius as a groundbreaking tool that […]
India’s 15% Gas Target Encounters Industrial Pressure Challenges, ET EnergyWorld
India’s 15% gas target faces industrial push challenge, ET EnergyWorld New Delhi: With India aiming to increase natural gas usage to 15% of its energy mix, experts highlighted the challenges in achieving this target at the Economic Times Oil & Gas Annual Conference & Expo 2024. Speaking during a panel discussion on E&P Strategies for […]
Is 2025 Set to Be China’s Year? Insights from Two Morningstar Asia Experts…
The year began with high hopes for Japanese shares. The Nikkei 225 Index broke its 1989 high in early 2024 and lurched to another all-time high in July amid low valuations and investor-friendly reforms. Then that soured as the Bank of Japan tightened credit at the end of July, just as weaker-than-expected economic data hoisted […]