Quick Overview Bullish Trend Persists: Despite occasional interventions, USD/JPY remains firmly bullish with expectations of rising beyond current levels. Key Support at 152 Yen: The 152 yen level is a significant support, reinforced by the 50-day EMA, suggesting a strong base for potential upward movements. 200 Yen Target: Historical patterns and bullish market sentiment hint …
USD/JPY Outlook: 152 Support and Bullish Sentiment Read More »
Quick Overview Google’s AI Lead: Google’s AlphaGo victory and BERT-large model instilled fear in Microsoft due to infrastructure gaps and rapid AI progress. Critical Email Chain: CTO Kevin Scott urged CEO Satya Nadella to respond strategically; Nadella pushed CFO Amy Hood for a decisive investment in OpenAI. OpenAI Investment: Microsoft invested $1 billion in OpenAI …
How Google’s AI Lead Spurred Microsoft to Invest Billions Read More »
Quick Overview Dow Jones increased by 0.23%, while S&P 500 and Nasdaq saw declines, reflecting mixed market sentiments. Federal Reserve maintains rates, focusing on managing inflation and adjusting quantitative tightening. AI stocks saw significant losses, with notable declines in companies like Advanced Micro Devices and Super Micro Computer. Major Indices Show Varied Performance: Dow Gains, …
Financial Markets in October: Dow Up, S&P and Nasdaq Down Read More »
At A Glance: Interest Rate Steady: The Fed maintained current interest rates, citing challenges in achieving the 2% inflation target. Market Response: Mixed, with major indices like the S&P 500 and Nasdaq experiencing slight drops, while Dow Jones saw a minor gain. Stock Volatility: Significant stock declines in sectors like technology and healthcare, driven by …
Key Points Mali faces a severe heatwave, with temperatures reaching up to 48°C, leading to health crises and over 100 deaths. Power cuts worsen the situation, affecting daily life and causing significant price hikes for essentials like ice. Better preparedness and adaptation strategies are needed to handle future climatic extremes. As Mali confronts an unprecedented …
Record 48°C Heat in Mali: Deaths Surge, Essentials Costlier Read More »
Quick Overview iOS 18 and iPhone 16: Introduce advanced AI fully processed on-device, enhancing privacy and performance; DarwinAI Acquisition: Boosts AI capabilities, particularly with the new A18 Pro chip, for faster and more efficient processing; Privacy Focus: Apple emphasizes user data security by processing all sensitive information on-device. Apple’s upcoming releases, iOS 18 and iPhone …
iOS 18 & iPhone 16 Release: Enhanced AI and Privacy Features Read More »
Quick Overview Tesla’s revenue dropped 9% in Q1 2024, hitting $21.30 billion versus the expected $22.15 billion. Optimistic updates include accelerated timelines for new, affordable EVs and a rise in stock by 13%. Strategic shifts point to licensing the FSD system and launching a robotaxi service to expand Tesla’s impact. Tesla, the trailblazer in electric …
Tesla’s Challenging yet Innovative Start to 2024 Read More »
At a Glance XRP saw a significant rally of 6.00% on Monday, bouncing back from a slight loss and highlighting its market resilience despite ongoing legal issues. Ripple is challenging new expert materials from the SEC in court, arguing that these late disclosures violate fair trial principles. The broader implications of Ripple’s legal battle with …
XRP Dynamics: Navigating Legal Battles and Market Volatility Read More »
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