Text size David McNew / Getty Images Oil services company Schlumberger is cutting 21,000 jobs after a disastrous quarter. Analysts are optimistic. Schlumberger’s (ticker: SLB) second-quarter results, released Friday morning, were grim at first glance: a 35% year-over-year revenue decline and a plan to cut a quarter from staff. But …
Read More »Investor anxiety turns to greed, driving risky market meltdown
Money Map Press chief investment strategist Shah Gilani discusses his outlook for the markets. Stocks, bonds and commodities are headed for their biggest simultaneous increase in four months, a breakthrough in the teeth of an economic slowdown that some investors find as troubling as it is remarkable. As of Thursday, …
Read More »Tech Store: Have we seen our AI future?
Image copyright fake pictures It could be evidence that artificial intelligence has made a huge leap forward and that human writers and software developers will soon be redundant. Or maybe it is just the last example of advertising that is ahead of reality? At this week’s Tech Shop we found …
Read More »Samsung Galaxy Note 20 and four other things to expect in Unpacked 2020
Samsung will hold a big event on August 5, called Unpacked 2020, and the company has already confirmed that it will showcase five new devices at the event, but what will they be? Well, while nothing is certain yet, we are pretty sure that the Samsung Galaxy Note 20 will …
Read More »$ 10,000 invested in these growth stocks could make you a fortune
I bought furniture once, and the store owner helped me personally. After commenting on the relatively attractive prices, he replied, “I want to enrich myself. But I want to enrich myself slowly.” Some investors have a similar philosophy. Earning money for a long time is perfectly fine with them. On …
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