The Bot Brief

10/06/2024
2 minutes

"There is no force on earth more powerful than an idea whose time has come."     

- Victor Hugo

 

Bots in the News:

Both the Bot Index and the S & P 500 posted minimal positive returns in last week’s trading. Within the Bot composite there was only one stock that showed exceptional strength and that was Oceaneering International. The stock gained 7.23% in part due to rising oil prices and a Wall Street firm that valued the company at $29.25. The stock started the week at $24.52.

The loser column among the bots was likewise benign with only Tesla’s 4% slip noting any movement.


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Member: American Economic Association, Society of Professional Journalists, United States Press Association. Institute of Chartered Financial Analysts, Robotic Industries Association (now A3 Automation), Member IEEE.

 

 

The Bot Brief is a weekly newsletter designed for economists, investment specialists, journalists, and academicians. It receives no remuneration from any companies that may from time to time be featured in the brief and its commentaries, analysis, opinions, and research represent the subjective view of Balcones Investment Research, LLC. Due to the complex and rapidly changing nature of the subject matter, the company makes no assurances as to the absolute accuracy of the material presented.

 

 

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