ColumnsTravel Industry Looks Ahead: Cruise Stocks and Airline Stocks Soar on Positive News
Wall Street remains optimistic about cruise stocks as the industry continues to enjoy a surge in demand following the pandemic. This trend is expected to persist, and it is projected that 35.7 million passengers will take a cruise in 2024, which represents a 6% increase from 2019 and a rise from the 31.5 million in 2023, according to the Cruise Lines International Association.
• The Oil Price Has Started to Fall:
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• The Oil Price Has Started to Fall:
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ColumnsEverything You Should Know About Google's Latest Released AI Model - Gemini Ultra
Google has recently unveiled its much-anticipated AI model, Gemini, which it claims to be more potent than OpenAI's GPT-4 large language model (LLM). According to Google, Gemini can compete at an "expert level" with human intelligence in an intelligence test.
Read here: Exploring Google's Gemini AI Model: Can it Challenge OpenAI's Dominance?
During Google's I/O conference in May, CEO Sundar Pichai introduced Gemini,...
Read here: Exploring Google's Gemini AI Model: Can it Challenge OpenAI's Dominance?
During Google's I/O conference in May, CEO Sundar Pichai introduced Gemini,...
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ColumnsMcKinsey Latest Report Reveals Incredible Potential of AI With Expected $340B Boost to Wall Street Profits
McKinsey consultants suggest that banks leveraging generative artificial intelligence tools could improve their earnings by as much as $340 billion annually, resulting in a 9% to 15% increase in operating profits. The findings were published in a report by the McKinsey Global Institute on Tuesday, which indicated that corporate and retail banks stand to benefit the most from the adoption of ...
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ColumnsIs It Time to Sell the Skyrocketing Tech Stocks? Top Executives of US Tech Giants Trim Their Stock Holdings Amid Market Swings
On Monday, the $Nasdaq Composite Index(.IXIC.US$ dropped by 0.8% as various tech companies experienced decline including $NVIDIA(NVDA.US$ and $Meta Platforms(META.US$ which decreased by 2.7% and 1.5%, respectively. The $S&P 500 Index(.SPX.US$ and the $Dow Jones Industrial Average(.DJI.US$ also saw a decline amid recent hawkish commentary from the central bank.
Additi...
Additi...
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ColumnsNio Q3 2023 Earnings Preview: Break Down What Wall Street Expects
$NIO Inc(NIO.US$ is scheduled to report its Q3 earnings on Tuesday, December 5th, before the market opens. As one of the famous Chinese EV startups, Nio has attracted attention from investors around the globe. Not only because it was the first Chinese EV startup to go public but also because of its controversial development path, which has been reflected in its stock prices.
Nio stock price has dropped more than 26% this year. Its...
Nio stock price has dropped more than 26% this year. Its...
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ColumnsTesla's Future Outlook: What Could Bring Good or Bad News for the Company
$Tesla(TSLA.US$'s stock has rebounded after a post-Q3 dip, thanks in part to the buzz surrounding the Cybertruck delivery event.
Read here: Tesla's Cybertruck Will Finally Be Delivered Thursday, What Should Investors Know?
While investors are optimistic about the company's growth potential, there are still uncertainties about its ability to deliver on its promises. Against this backdrop, many are wondering: what factors co...
Read here: Tesla's Cybertruck Will Finally Be Delivered Thursday, What Should Investors Know?
While investors are optimistic about the company's growth potential, there are still uncertainties about its ability to deliver on its promises. Against this backdrop, many are wondering: what factors co...
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ColumnsThe Santa Claus Rally: Implications for Investors Ahead of Presidential Election Year
The Santa Claus rally refers to a period of sustained stock market growth that typically takes place around the Christmas holiday on Dec. 25, with estimates suggesting that the rally occurs in the week leading up to Christmas or from Christmas Day through Jan. 2. The rally has been attributed to various theories such as end-of-year tax considerations, a general feeling of optimism and seasonal happiness among in...
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ColumnsTesla's Cybertruck Will Finally Be Delivered Thursday, What Should Investors Know?
The Cybertruck, known for its unique and futuristic design as well as the infamous shattered window incident, is set to begin production in 2023. Its launch may have a significant impact on the market due to its distinctive appearance and advanced technology features. The delivery event of the Cybertruck will be held at Tesla's Texas Gigafactory on November 30th, which has been delayed multiple times due to product...
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ColumnsAfter Alibaba And SoftBank, Berkshire Hathaway Exited Paytm; What Is Wrong With 'India's Alipay'?
According to information on a local stock exchange, $Berkshire Hathaway-A(BRK.A.US$$Berkshire Hathaway-B(BRK.B.US$sold its 2.5% stake in Indian digital payments provider Paytm through a block deal on last Friday, resulting in their exit from the company. The Warren Buffett firm invested about $260 million in Paytm in 2018, acquiring a 3% stake in the financial services startup at a valuation of abo...
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ColumnsHealthcare, AI and More: What to Expect When Goldilocks Hopes Return to Wall Street
A benign U.S. inflation report for October is bolstering hopes that the Federal Reserve can bring down consumer prices without negatively impacting the economy, a so-called Goldilocks environment that investors believe will benefit stocks and bonds.
Both asset classes have ripped higher in November, fueled by hopes that the Fed was unlikely to increase interest rates any further.
Goldilocks hopes return to Wall St...
Both asset classes have ripped higher in November, fueled by hopes that the Fed was unlikely to increase interest rates any further.
Goldilocks hopes return to Wall St...
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