U.S. equity futures bumped higher Monday, following on from Friday’s jobs-related surge that lifted benchmarks to the highest levels since early March, as investors parsed uneven trade data from China and await the Federal Reserve’s response to last week’s employment report.
The the S&P 500 now just 1.1% from break-even for the year, and the Dow Jones Industrial Average firmly past the 27,000 mark, investors appeared reluctant to boost stocks further in the early Monday session heading into a light week for corporate earnings and economic data highlighted by the Fed’s two-day policy meeting which ends on Wednesday.
A surprise — albeit modest — 3.3% decline in China exports over the month of May also kept risk markets in check as data from Customs officials published Sunday indicated an uneven trade recovery for the world’s second-largest economy
Still, Friday’s payroll reading, which some Wall Street analysts have called the most shocking in history, provided the strongest indication yet of a V-shaped recovery from the coronavirus downturn with the addition of a net new 2.5 million jobs last month and an improving headline unemployment rate of 13.3%.
IBM has released a toolkit for iOS and macOS to help developers to easily add homomorphic encryption into their programs.
While the technology holds great potential, it does require a significant shift in the security paradigm. Typically, inside the business logic of an application, data remains decrypted, Bergamaschi explained. But with the implementation of FHE, that’s no longer the case — meaning some functions and operations will change.
In other words, “There will be a need to rewrite parts of the business logic,” Bergamaschi said. “But the security that you gain with that, where the data is encrypted all the time, is very high.”
If you haven’t added homomorphic encryption to your technology watch list, be sure to do so. As I wrote in the past, this type of encryption lets a company perform computations on data while still keeping that data encrypted.
With Apple at an all-time high, 18 Wall Street analysts find themselves below the line and 16 above.
Why all the worry of analysts being a little cautious? When dealing with OPM, one can throw caution to the wind, or one could be more conservative. Personally, I'd rather analysts be at least a little cautious, than the times in the past where they've set up expectations that only could be met if things went perfect.
As Lucky put in his update post this weekend, over in the AAPL Fundamentals section:
So with all the peaks and valleys of the AAPL share price over the last 5 years, AAPL seems to have a lot of forward momentum after establishing a new ATH by market close yesterday, 06/05/20. I’m not, however, convinced this country and the world is out-of-the-woods when it comes to the coronavirus pandemic, so I wouldn’t be too surprised to see a pullback in share price before the end of the year.
It has a little ring of familiarity to it, like something I keep seeing quoted every time I read the footer of his posts. Hmmmmm
mercel: It's been a long strange trip - good to see you're still around (and in AAPL -my assumption).
May 10, 2019 12:48:32 GMT -5
Zeke: Long time no see. Nice to see familiar names still here.
Mar 25, 2019 14:42:52 GMT -5
sponge: Regarding the future of VR, I think it will be huge. I was a gamer when I was in college. But as an adult I lost interest. Last fall I flew up to visit my son at college and check out his new Vive set up. After playing with it for the weekend, I was
Apr 29, 2018 15:25:17 GMT -5
galleybob: thanks for your answer. I will copy and send to her
Nov 7, 2017 15:32:18 GMT -5
rickag: So since Jan 28th 2015 AAPL is up from 117.27 to 157.21
Aug 21, 2017 20:09:43 GMT -5
artman1033: VXAPL = 29.21 AAPL = $117.27 AFTER EARNINGS
Jan 28, 2015 14:54:46 GMT -5
artman1033: VXAPL = 44.94 AAPL = $110.39 BEFORE EARNINGS
Jan 27, 2015 11:12:53 GMT -5