Category: snaps

Dow Snaps Out of Slump After Federal Reserve Placates Wall Street
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Dow Snaps Out of Slump After Federal Reserve Placates Wall Street

The Dow Jones survived another Federal Reserve policy meeting. A dovish Fed proved no worry as the U.S. stock market rose during Jerome Powell’s press conference. Nordea Asset Management believes the U.S. economy will continue to suffer from Trump’s response to the pandemic. The Dow Jones rallied toward session highs on Wednesday afternoon after the…

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Dow Snaps Out of Rut as Economy Survives Another Crucial Test
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Dow Snaps Out of Rut as Economy Survives Another Crucial Test

The Dow, S&P 500, and Nasdaq resisted the temptation to extend their slump on Thursday. All three stock indices secured substantial gains as trade war developments trended in a positive direction. Meanwhile, the US economy continues to defy recession warnings. The Dow snapped out of its single-day slump on Thursday, racing toward a triple-digit rally…

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UVeye snaps up $31M for its hyper-detailed, AI-based drive-thru vehicle-scanning platform
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UVeye snaps up $31M for its hyper-detailed, AI-based drive-thru vehicle-scanning platform

The race is on for the car of the future, equipped with self-driving capabilities, on-board personalised information and entertainment, and an ever-smaller carbon footprint. Today, however, comes news of a startup that’s improving car performance from the outside. UVeye, a Tel Aviv-based company that has built a set of drive-through external scanners that can take…

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