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Arista Networks and Globalfoundries, two tech companies in the AI sector, are reporting earnings. Globalfoundries offers better P/E, Arista up 110%.
At the School Board Meeting of February 13, 2024, School Board Member Danny Espino proffered agenda item H-8, authorizing the Superintendent of Schools along with the General Counsel to initiate rule-making procedures to, where appropriate, codify, within School Board policy, the corrective actions recently implemented that required the submission of signed pre-authorization forms, the invoices
The Federal Open Market Committee (FOMC) has raised its target range for the federal funds rate by 500 bps since March 2022. The rapid pace of tightening last year, which transpired as inflation was shooting higher, was meant to quickly turn the stance of monetary policy from accommodative to restrictive. The Committee has slowed the pace of tightening this year as economic activity has decelerated and inflation has receded. In the statement that was released following the policy meeting on May 3, at which the FOMC hiked rates by 25 bps, and again on June 14, when it kept rates unchanged, the ...