Salesforce’s stock gets a boost as J.P. Morgan says AI fears are overblown

Everyone deals with some form of temptation. Even companies with energy and mining outfits are prime examples, so with oil prices high today, mostly due to the war in Iran, it’s a good time to discuss corporate temptation as it relates to energy stocks, including Occidental Petroleum (OXY +2.25%). When it reported first-quarter results in…

EUR/JPY depreciates after registering modest gains in the previous day, trading around 183.80 during the Asian hours on Tuesday. The Relative Strength Index (14) at 47.63 sits just below the neutral 50 line, hinting at ongoing bearish momentum without yet reaching oversold conditions. The EUR/JPY cross is holding a mildly bearish near-term bias as it…

Most generative AI projects in finance fail. Here’s what it means for CFOs and their future hires. Mid-market finance chiefs aren’t hiring like they used to. A Gartner survey of more than 300 finance executives shows that while companies are pouring more money into artificial intelligence tools, the share of CFOs planning to expand headcount…

Japan household spending falls for seventh month, clouding BOJ rate path !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}

The U.S. rig count was little changed this week, with the total number of active rigs rising by 1 to 588. Oil rigs increased by 1, while natural gas and miscellaneous rigs were unchanged. Compared with a year ago, the total rig count is 48 rigs higher, led by a **41-rig increase in oil drilling….

If lawmakers are serious about addressing the threat that dynastic wealth poses to American democracy, they can draw on considerable research that has gone into designing a wealth tax that avoids the pitfalls of other countries’ attempts. With the appearance of the world’s first trillionaire, there is no time to waste. WASHINGTON, DC—Following SpaceX’s IPO…