Markets
Google TensorFlow will help U.S. military use AI to analyse drone footage
A Google (goog) spokesperson confirmed to Fortune that the search giant is working with the Defense Department and said that the company has "long worked with government agencies to provide technology solutions". In July, the Defense Department described Project Maven as an initiative to explore how cutting-edge AI technologies could eventually be used in warfare. [Full Article...]
Maybe to an all-time low, early ratings show
Guillermo Del Toro's genre masterpiece The Shape of Water pretty much owned the Oscars last night, winning Best Picture , among other high profile statues. Gary Oldman won Best Actor for Darkest Hour , which made only $55 million domestic. "Look around, ladies and gentlemen, because we all have stories to tell and projects we need financed", McDormand said with rising animation. [Full Article...]
CrownBet wins race for William Hill's Australian business
While Australia is the world's second-largest regulated sports betting market, bookmakers have come under pressure from a ban on them offering or extending credit to customers. A ban on credit betting and the likely introduction of a point of consumption tax in a number of states have put profits under pressure at the bookmaker, leading it to announce a strategic review of its Antipodean operation... [Full Article...]
Trump's tariff plan faces Republican opposition
No official decision by the European Union is expected as Trump has yet to sign into effect his plan to set tariffs for what he calls unfair competition for United States industry, but French President Emmanuel Macron has demanded Europe be ready to act swiftly if he does. [Full Article...]
Oil Prices Fall After API Reports Major Crude Build
Global supplies are also draining at a time when you expect them to be rebuilding. While the first wave of increased USA oil production was largely absorbed by domestic markets, much of the second wave will provide feedstock for European and Asian refiners. [Full Article...]
Analysts Set Marathon Petroleum Corp (MPC) Target Price at $78.91
The stock decreased 0.37% or $0.72 during the last trading session, reaching $192.34. Traders have different rules for what constitutes liquidity and a good guide is the volume of trades and volume of shares that are traded each day. White Pine Inv stated it has 74,320 shares or 2.22% of all its holdings. Raymond James Trust Na owns 29,409 shares. (NASDAQ:ORLY) for 93,776 shares. 665.82 million ... [Full Article...]
SA economy expands most in 4 years in 2017, beating analysts' expectations
Market consensus was of a 1.8 percent fourth-quarter rise in growth, while the annual growth rate was forecast at 1.4 percent. South Africa's economy expanded more than expected in the final quarter of previous year largely driven by a recovery in agriculture and trade, Statistics South Africa said on Tuesday. [Full Article...]
Target's Results Benefit From Strong Holiday Sales
Xact Kapitalforvaltning AB lifted its holdings in shares of Target by 6.5% in the 4th quarter. SevenBridge Financial Group LLC now owns 1,909 shares of the retailer's stock valued at $113,000 after buying an additional 1,826 shares during the period. [Full Article...]