Founder of FedEx outlines how data analytics forecasted the success of Tesla and Nvidia, and can identify emerging trends.

Founder of FedEx outlines how data analytics forecasted the success of Tesla and Nvidia, and can identify emerging trends.

“ Before becoming the billionaire founder of FedEx, Fred Smith was a Vietnam veteran with a passion for flying and a small fleet of planes available for hire. He recalled, “They’re hiring me and this whole damn airplane to carry this little part,” as he transported goods for companies like Xerox. Soon, tech giants like … Read more

Market Wrap: Wall Street Reduces Bets on Fed Rate Cuts due to Strong Economic Data

Market Wrap: Wall Street Reduces Bets on Fed Rate Cuts due to Strong Economic Data

(Bloomberg) — The largest bond market in the world experienced a decline after a strong retail sales report led traders to reduce their expectations for Federal Reserve interest rate cuts this year. The Treasury yields rose as the positive economic data raised doubts about the speed at which the central bank would ease its policy. … Read more