October Inflation Uptick: PCE Price Index Climbs to 2.3%
The Personal Consumption Expenditures (PCE) Price Index is a key inflation gauge used by the Federal Reserve to assess the prices of goods and services consumed by households. Unlike the Consumer Price Index (CPI), the PCE adjusts for changing consumer behavior, reflecting how people shift spending as prices change. The core PCE, which excludes volatile […]
GDP Growth Cools to 2.8% (2nd Estimate Q3 2024)
Gross Domestic Product (GDP) quantifies total value of all goods and services produced within a nation’s borders. Therefore, it serves as a measure of economic activity. GDP can be computed using three approaches: production, income, and expenditure. Importantly, real GDP adjusts for inflation, providing a true growth picture. Governments, businesses, and economists utilize GDP to […]
CrowdStrike Q3 Earnings; Revenue Surged 29% (Fiscal Year 2025)
CrowdStrike Holdings, Inc. is a leading cybersecurity technology company that specializes in providing endpoint security threat intelligence, and cyber-attack response services. Founded in 2011 by George Kurtz and Dmitri Alperovitch, CrowdStrike has quickly established itself as a key player in the cybersecurity industry. Also, the company’s flagship product, the CrowdStrike Falcon platform, leverages artificial intelligence, […]
