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Quarterly Earnings Release Explained

What is a quarterly earnings release? A quarterly earnings release is a document that summarizes and highlights a company’s earnings and other financial information for a three-month period. It generally provides a brief analysis from executives and may include financial statements or other important information for shareholders. Some companies also include an outlook for the

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Secured Overnight Financing Rate (SOFR)

What Is the Secured Overnight Financing Rate (SOFR)? The Secured Overnight Financing Rate (SOFR) is a benchmark interest rate for dollar-denominated derivatives and loans. It replaced the London Interbank Offered Rate (LIBOR) in June 2023. SOFR offers fewer opportunities for market manipulation and provides current rates rather than forward-looking rates and terms. Key Takeaways: SOFR

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Top AI Stocks for November 2024: Value, Growth, and Momentum

October has been a pivotal month for the artificial intelligence (AI) sector with significant developments. On October 24th, the Biden Administration issued a national security memorandum highlighting the importance of U.S. leadership in AI development, attracting global AI talent, and expanding infrastructure to support AI capabilities. This announcement came after Amazon’s disclosure of three new

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