Retail Earnings Bring Bad News for Wage Growth

Retail Earnings Bring Bad News for Wage Growth
Target Corporation (NYSE: TGT) reported a decent quarter. Versus analyst expectations of revenue of $22.5 billion, the company posted $22.8 billion on the top line. In the heavily watched same-store sales metric, the company solidly beat expectations of 3.1% year-over-year growth by posting a 3.6% rate. Finally, online sales increased 29% from the prior year, higher than Walmart ‘s (NYSE:... Read More

NVIDIA's Artificial-Intelligence Tech Has Begun Conquering the Multitrillion-Dollar Oil and Gas Industry

NVIDIA's Artificial-Intelligence Tech Has Begun Conquering the Multitrillion-Dollar Oil and Gas Industry
NVIDIA ‘s (NASDAQ: NVDA)  graphics processing unit (GPU)-based approach to high-performance computing and deep learning, a category of artificial intelligence (AI) in which machines are trained to make inferences from data the way humans do, has begun making inroads into the global oil and gas industry. This is great news for investors, as this is a multitrillion-dollar industry that forms... Read More