Consultancy PwC estimates artificial intelligence (AI) will contribute more than $15 trillion to the global economy by 2030. Investors hoping to benefit are piling into AI stocks, and Nvidia (NASDAQ: …
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For many investors, Nvidia (NASDAQ: NVDA) has emerged as the quintessential artificial intelligence (AI) stock. That’s because the company’s graphics processing units (GPUs) are the industry standard in accelerating complex …
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Bank of Canada governor raises prospect of faster rate cuts, FT reports
by skolnes(Reuters) -Bank of Canada Governor Tiff Macklem has opened the door to stepping up the pace of interest rate cuts, the Financial Times reported on Sunday. Macklem told the newspaper …
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(Bloomberg) — About two thirds of Australian baby boomers leaving the workforce don’t have enough pension savings to retire comfortably, according to research from the industry’s peak body. Most Read …
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Coca-Cola (NYSE: KO) is not the biggest position in Warren Buffett’s portfolio, but it is one of the billionaire’s favorites — and one that likely will remain there at current …
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Palantir is totally misunderstood on Wall Street, and shares will soar, BofA says
by skolnesData-mining software company Palantir Technologies is popular among retail investors, but Bank of America said it’s still misunderstood by many on Wall Street. In a note on Tuesday, analysts pointed …
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The stock market risks keeping Wall Street’s biggest bulls up at night
by skolnesA trader works on the floor at the New York Stock Exchange (NYSE) in New York City, New York, U.S., March 3, 2020.Andrew Kelly/Reuters The bulls on Wall Street have …
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(Bloomberg) — The world economy’s tectonic plates will shift this week when a US easing cycle begins, just as officials from Europe to Asia set policy against a backdrop of …
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China’s startup scene is dead as investors pull out—’Today, we are like lepers’
by skolnesThe number of new companies that are started in China annually has collapsed as fundraising by Chinese venture capital firms has similarly imploded. A recent Financial Times report described a …
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1 Unstoppable Stock That Could Join Nvidia, Microsoft, Apple, Amazon, Alphabet, and Meta in the $1 Trillion Club
by skolnesThe U.S. economy has a history of producing the world’s most valuable companies. United States Steel became the first-ever $1 billion company in 1901, and 117 years later, Apple became …