News – Page 14 – Investmentals

Apple added $71 billion in market value on developing its ‘Apple GPT’ AI

Apple added $71 billion in market value on developing its ‘Apple GPT’ AI

Apple experienced a substantial surge in its stock price on Wednesday, jumping as much as 2.3% in a single day to a record high following a report on the company’s artificial intelligence (AI) ambitions. Earlier in the day, Bloomberg had...

July 20, 2023

Tesla to Invests $1B+ in Dojo Supercomputer, Musk Confirms

News

Tesla to Invests $1B+ in Dojo Supercomputer, Musk Confirms

Tesla, the renowned electric carmaker, is making a bold move into the world of supercomputing with an impressive investment of over $1 billion in its ambitious Project Dojo, as confirmed by CEO Elon Musk. The cutting-edge in-house supercomputer is designed...

July 20, 2023

Connecticut Labor Dept. Reports 75% of Unemployment Claims to Be Fraud

Economy News US Economy

Connecticut Labor Dept. Reports 75% of Unemployment Claims to Be Fraud

Connecticut’s labor department on Wednesday issued a warning regarding a disturbing surge in fraudulent unemployment claims, suspecting that a 75% of the daily claims received are deceptive. The surge in fraudulent activity is primarily attributed to a rise in identity...

July 20, 2023

Tesla’s Cybertruck Investment Nears Success After 2-Year Delays

Business News

Tesla’s Cybertruck Investment Nears Success After 2-Year Delays

In a significant milestone, Tesla has unveiled its much-anticipated Cybertruck, an innovative battery electric light-duty truck, marking a momentous occasion following a two-year production delay. The unveiling event, held in Austin, Texas, marked the beginning of the Cybertruck’s journey towards...

July 17, 2023

Wall Street Execs Make First 2024 Bets Against Donald Trump

News

Wall Street Execs Make First 2024 Bets Against Donald Trump

During the second quarter, there was a notable surge of donations from finance sector executives to Donald Trump’s primary rivals, indicating a growing interest among Wall Street figures in finding an alternative candidate to lead the Republican Party in the...

July 16, 2023

Mortgage Demand Hits Monthly Low as Interest Rates Surge

Mortgages News

Mortgage Demand Hits Monthly Low as Interest Rates Surge

Mortgage rates experienced a remarkable upswing last week, reaching their highest level since May, resulting in a decline in mortgage demand. According to the Mortgage Bankers Association’s seasonally adjusted index, total mortgage application volume dropped by 4.4% compared to the...

July 6, 2023

Elon Musk Entrepreneurs Mark Zuckerberg News

Meta’s Threads App Garners 10 Million Sign-ups in Just Seven Hours, Challenging Twitter

Mark Zuckerberg-led Meta has entered the fray against Twitter with its Threads app, attracting an astounding 10 million sign-ups within seven hours. The launch aimed to capitalize on Twitter’s weakened state due to Elon Musk’s tumultuous decisions as its owner....

July 6, 2023

Morgan Stanley Forecasts July Interest Rate Hike by Fed, Reinforced by Powell’s Stance

News

Morgan Stanley Forecasts July Interest Rate Hike by Fed, Reinforced by Powell’s Stance

Anticipating an imminent shift in the monetary policy landscape, Morgan Stanley analysts have revised their outlook and now predict that the Federal Reserve will implement an interest rate hike during its July meeting. This revised forecast comes in response to...

June 27, 2023

Tenth-Consecutive Rate Hike: The Fed’s Approach to Managing Inflation Expectations

News

Tenth-Consecutive Rate Hike: The Fed’s Approach to Managing Inflation Expectations

May 4, 2023

After Intel, AMD revenue drops 9% – Why PC chip sales are declining

News

After Intel, AMD revenue drops 9% – Why PC chip sales are declining

AMD has reported a drop in revenue of 9% compared to the same period last year. The biggest decline was seen in the client group, which includes sales from PC processors. Despite reporting “better-than-expected” revenue and earnings for the first...

May 3, 2023

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Category: News

Apple added $71 billion in market value on developing its ‘Apple GPT’ AI

Tesla to Invests $1B+ in Dojo Supercomputer, Musk Confirms

Connecticut Labor Dept. Reports 75% of Unemployment Claims to Be Fraud

Tesla’s Cybertruck Investment Nears Success After 2-Year Delays

Wall Street Execs Make First 2024 Bets Against Donald Trump

Mortgage Demand Hits Monthly Low as Interest Rates Surge

Meta’s Threads App Garners 10 Million Sign-ups in Just Seven Hours, Challenging Twitter

Morgan Stanley Forecasts July Interest Rate Hike by Fed, Reinforced by Powell’s Stance

Tenth-Consecutive Rate Hike: The Fed’s Approach to Managing Inflation Expectations

After Intel, AMD revenue drops 9% – Why PC chip sales are declining

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