COMMENTARY: Using AI and machine learning to keep market in ‘high gear’

IRVING, Texas – 

The Federal Reserve Bank of New York’s Center for Microeconomic Data recently released its quarterly report on household debt and credit.  While some pundits initially rushed to point to a negative theme — 7 million people had an auto finance contract at least 90 days delinquent in 2018 — the Fed was quick to reign these pundits in with context supporting the overall health of the auto lending industry.

A look at the numbers supports the Fed’s optimism. More than 89 million Americans currently have some sort of auto financing, […] Read more

F-16 Fighter Jet Order Could Cross A Red Line In U.S.-China Relations

Trump administration officials are reportedly backing the sale of Lockheed Martin (LMT) F-16 fighter jets to Taiwan, sparking a protest from China.

X

Advisors for President Trump have told Taiwan it should submit a formal request to buy more than 60 F-16 jets, sources told Bloomberg. If submitted and approved by the State Department and Congress, it would be the first sale of advanced fighter jets to Taiwan since 1992.

China has always pushed back on military sales to Taiwan, which it views as a rogue province instead of an independent nation, and has called the F-16 sales a “red line.”

“China’s position to firmly […] Read more

HEICO (HEI) Forms $94.75 Double Top; Capital Guardian Trust Company Has Increased Equifax (EFX) Stake

HEICO Corporation (HEI) formed double top with $100.44 target or 6.00% above today’s $94.75 share price. HEICO Corporation (HEI) has $11.70 billion valuation. The stock increased 1.97% or $1.83 during the last trading session, reaching $94.75. About 244,706 shares traded. HEICO Corporation (NYSE:HEI) has risen 36.32% since March 22, 2018 and is uptrending. It has outperformed by 31.95% the S&P500. Some Historical HEI News: 29/05/2018 – HEICO – ESTIMATE CONSOLIDATED FISCAL 2018 YEAR-OVER-YEAR GROWTH IN NET SALES TO BE 13% – 14%; 17/04/2018 – HEICO UNIT BUYS FLIGHT CRITICAL AEROSPACE ELECTRONICS PRODUCT; 17/04/2018 HEICO Corporation Subsidiary Acquires Flight Critical Aerospace […] Read more

Top Tools to Use to Make Sure Your Dealership Has the Necessary Technology

Most consumers today are savvy enough to check their credit scores before they even walk into the dealership. Knowing their score lets them have a better idea of whether they’ll be approved for auto loans as well as the rate that they are likely to qualify for.

The only thing that is a downside (for the consumer) with those credit scores is that their dealerships will most likely be using a different credit score to approve/disapprove auto loans. And it’s highly likely that the consumers will not have access to that credit score.

Many consumers fail to realize that there are other […] Read more

BBVA goes DIY on digital banking with Domo analytics | Data

Share

Twitter

Facebook

LinkedIn

Multinational 186-year-old banking group BBVA wants to evolve from its legacy heritage to a digital company, by designing its tech around the needs of its customers and removing the pain points around managing money.

BBVA wants to do this by empowering customers to have a do-it-yourself banking experience in which they can choose where, when and how they bank. To get this right, the bank needed a deep understanding of customer needs and desires as they change over time.

This objective led BBVA to adopt business intelligence platform Domo, which helps turn the bank’s various raw data streams into actionable insights that are delivered to a phone. Domo analyses […] Read more

Global Identity Theft Protection Services Market Outlook 2019 – LifeLock (Symantec), Experian, Equifax, TransUnion – Slap Coffee

Fior Market’s latest presentation named Global Identity Theft Protection Services Market 2019 by Company, Regions, Type and Application, Forecast to 2024 centers around the progress of this market, focusing on its development status and trends. The report concentrates on the business strategies of the key vendors, market fundamental dynamics including compound annual growth rate, drivers and trends dynamics during the forecast period (2019-2024).  An in-depth analysis of Identity Theft Protection Services enfolds market drivers, challenges, standardization, opportunities, limitations, ecosystem player profiles, and strategies.

For the competitive landscape of the worldwide market, this report evaluates various industry participants, production capacity, production chain, […] Read more

Nike Earnings Sink Nike Stock; 3 Hot Growth Names In Buy Range Now Investor’s Business Daily

Dow Jones futures rose slightly late Thursday, along with S&P 500 futures and Nasdaq futures, after the current stock market rally powered to new highs by Apple (AAPL) as well as chip, software and other growth stocks, with three top growth ETFs in buy range. After the close, Dow Jones giant Nike (NKE) reported earnings, along with Cintas (CTAS) and 2018 IPO Zuora (ZUO). Nike stock, Cintas stock, Zuora stock all fell

X

Dow Jones Futures Today

Dow Jones futures were 0.1% above fair value. So were S&P 500 futures. Nasdaq 100 futures climbed 0.2%. Remember that overnight action in Dow futures and elsewhere doesn’t […] Read more

Few black people get home mortgages in Detroit, data show | Jobs & Employment

DETROIT — White people make up just 10 percent of Detroit’s population but got nearly half of the home mortgage loans made in 2017 for which the race of the applicant was known.

That data point and several more show that the mortgage market in Detroit, while improving in recent years, remains anemic at best and, at worst, nonexistent in many parts of the city.

Data collected under the federal […] Read more

Oregon Dept. of Human Services confirms data breach

SALEM, Ore. (AP) – The Oregon Department of Human Services said Thursday that a data breach may have exposed the personal information of the 1.6 million residents the department serves. The department said it isn’t sure exactly how many people had their information exposed after nearly 2 million employee emails were made vulnerable to unauthorized persons. Those emails could have contained sensitive client information, including full names and Social Security numbers. The breach occurred in January after nine employees opened a phishing link that compromised their email boxes. DHS […] Read more