As anticipation builds around artificial intelligence ahead of Big Tech earnings, Meta Platforms (META) finds itself in the spotlight. The firm’s Reality Labs division, which specializes in augmented reality (AR), virtual reality (VR), and metaverse technologies, has lost nearly $45 billion since its inception in 2020. Yahoo financial senior reporter Yasmin Khorram offers an in-depth … Read more
June’s existing home sales data disappointed expectations, showing a 5.4% month-over-month decline. Kristina Hooper, Invesco’s chief global industry strategist, joins Catalysts to discuss her outlook on the Federal Reserve and industry trends. Hooper attributes the housing industry’s challenges to the Fed’s tightening cycle, which she says created “golden handcuffs” and forced affordability issues. However, she … Read more
The AI race has pushed the industry to record highs this year, sparking investor concerns of a pullback. Capital Economics Group chief economist Neil Shearing joins Morning Brief to break down why he thinks there’s more room for expansion amid continued demand for the technology. “Normally, what happens during these big breakthrough technologies is that … Read more
Health coverage, FD, IPO financial News| Reliance Wipro Share Crash | enterprise News| Stock industry Stay updated on the latest financial news with this video covering topics such as health coverage, fixed deposits, IPO financial news, and the recent crash of Reliance and Wipro shares. Get insights into the enterprise world and stock industry trends … Read more
spending plan 2024: TOP HIGHLIGHTS financial Minister Nirmala Sitharaman presented the Union spending plan 2024-25 in the parliament today. In the one announcement which everyone was watching out for, which was on personal taxation – the FM announced a revised earnings duty structure in the new regime while hiking the long-term capital gains duty. She … Read more
Australia has done exceptionally well riding China’s economic boom. But the political and economic uncertainty surrounding the world’s two biggest economies – the US and China – point to tougher times ahead. The property bust and the slump in construction is cause for alarm for Australian miners. Construction in May was about 80 per cent … Read more
Rapid money management AltFin products were initially developed for internal use as a lender to ensure compliance. Now, they are one of the leaders as AltFin Solution Provider! Last June 5, 2024, only a month ago, we published a news related tp Rapid money management’s trifecta for Modern Lending https://cobaltintelligence.com/website/post/rapid-finances-trifecta-for-modern-lending This update allows enterprise customers … Read more
President Joe Biden exited from the 2024 presidential race on Sunday, throwing his support behind Vice President Kamala Harris to be the Democratic nominee. WisdomTree Global CIO Jeremy Schwartz joins sector Domination to discuss how markets (^DJI, ^IXIC, ^GSPC) are reacting to the news and how it may affect the small-cap rally (^RUT). “The markets … Read more
The CrowdStrike outage greatly impacted not only airlines but also various sectors in healthcare and hospitality. San Jose State Professor Ahmed Banafa explains that the outage affected many more people than a typical IT failure impacting just one enterprise. He notes that fixing the issue requires manually deleting a malicious file from thousands of computers, … Read more
US Vice President Kamala Harris has begun her campaign to run to be the Democratic nominee for the 2024 presidential election. There are many questions about her policies and how she may frame her campaign, but one of the biggest questions is who she will choose as a running mate. Yahoo financial Senior Columnist Rick … Read more