Apple Stock Surges on Report Saying It’s Developing Own Version of ChatGPT
Apple (AAPL) stock popped briefly on Wednesday, July 19, after a Bloomberg News report said the company was developing its own artificial intelligence large language model internally.
Indonesian Banks Keep Top Slots in Market Cap Ranking on Solid Economic Recovery
Indonesia's GDP expanded by 5.03% in the first quarter of 2023, Reuters reported in May, citing data from Statistics Indonesia.
Will Cooling Inflation Help Sell Bidenomics?
U.S. annual inflation slowed to 3% last month, according to the latest Consumer Price Index released Wednesday by the Bureau of Labor Statistics.
Meta's Threads Races to 100M Users in Under a Week
Meta's Twitter competitor is off to a strong start. According to Quiver Quantitative's Threads Tracker, Threads has more than 100 million users in less than 5 days since the app went live.
Binance’s CZ Eyes BlackRock and Fidelity’s Bitcoin ETFs
Binance CEO Changpeng Zhao has made his prediction for the next Bitcoin (BTC) bull run.
U.S. Inflation Unlikely to Fall to the Fed's 2% Target until at Least 2025, According to Jerome Powell
The Fed chairman's remarks on Friday suggested the central bank's fight against inflation is far from over – raising the possibility that policymakers will keep raising interest rates until price pressures cool further.
Best Long Term Stocks, India: Reliance Industries Overview
Reliance Industries Limited (RELI.NS) is an India-based company which operates in the Oil to Chemicals (02C), Oil and Gas, Retail, Digital Services, and Financial Services segments and is one of the best shares to buy for long term.
BIS Admits Further Monetary Measures Look Unlikely to Cope with Global Inflation
According to FT, the Bank for International Settlement has said,.global governments should either raise taxes or cut public spending to help central banks tame inflation and mitigate the risk of a financial crisis.
AutoZone Bumps Up Share Buyback Authorization By $2B
AutoZone Inc AZO disclosed the share buyback authorization of an additional $2.0 billion shares related to its ongoing share repurchase program.
Finnish Central Bank Says New Coalition Program Breaches Laws
According to Bloomberg, Finland’s incoming government program violates national and European legislation by threatening central bank independence, the Bank of Finland said in a letter to the designated prime minister.
Federal Reserve Holds Interest Rates Steady, Forecasts Two More Rate Hikes This Year
The Federal Reserve held interest rates steady on Wednesday, June 14, but FOMC officials signaled they are prepared to raise rates again this year in due course to keep the fight against stubborn inflation.
DigitalOcean: The Little Cloud Stock that Could
Cloud computing is an incredibly important technology to most businesses because it allows them to store data online, host their website, or even develop games and mobile applications.
RBI Warily Eyes Monsoon Impact on Inflation With Policy Hold
The Reserve Bank of India left its key interest rate unchanged for a second meeting and retained its tightening stance, signaling rate-setters want to see inflation moderating further while weaker monsoon risks remain a concern.
Tesla CEO Left Beijing after His Mysterious, Reportedly Gygafactory-Related, Trip
Tesla Inc (TSLA) CEO Elon Musk met with Chinese Vice Premier Ding Xuexiang last week in Beijing.