China’s advancements in the field of autonomous driving have been making headlines lately, especially with the increasing popularity of robotaxis among consumers. However, this technological advancement is causing concern among traditional taxi drivers who fear losing their jobs due to the rise in competition. The trend of robotaxis in China is gaining momentum, with local
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A rally in chip stocks recently lifted the Nasdaq and S&P 500 to record highs. Companies like Nvidia, Super Micro Computer, and Intel saw significant gains in their stock prices. Nvidia jumped 2.5%, while Super Micro Computer, a company that makes AI-optimized servers using Nvidia’s chips, rallied almost 9%. Intel also rallied almost 6%. This
In recent years, there has been a significant surge in employment scams targeting job seekers. Criminals are leveraging sophisticated techniques, including artificial intelligence, to trick unsuspecting individuals into providing personal information and money. The Identity Theft Resource Center reported a 118% increase in consumer reports of job scams in 2023 compared to the previous year.
The recent merger of Fetch.ai, Ocean Protocol, and SingularityNET under the FET ticker has caused a stir in the cryptocurrency market. Rather than introducing a new token, these projects have decided to join forces, streamlining operations and enhancing collaborative capabilities. However, the price action of FET has not been immune to the overall downtrend in
Financial information websites often provide general news, analysis, and opinions that may not always be impartial or objective. It is important to recognize that the content on these platforms may be influenced by the interests of the website owners or third parties. As a result, the recommendations and advice offered on these websites should be
The Nasdaq and the S&P 500 reached record highs as an in-line inflation report was released, giving hope for potential interest rate cuts in September. The report indicated that U.S. monthly inflation remained unchanged in May, which was seen as a positive sign following earlier price increases that cast doubt on the Federal Reserve’s monetary
Europe is at risk of losing ground to the U.S. and China in the field of artificial intelligence, according to Prince Constantijn of the Netherlands. While European Union regulators have been focusing on regulating AI technologies through laws like the EU AI Act, Constantijn believes that this approach may limit Europe’s potential to become a
When it comes to investing, it is essential to be aware of the risks involved. The information provided on various platforms may contain forward-looking statements that come with uncertainties and potential risks. It is crucial to understand that any investment decision should be made after thorough research and not solely based on the information provided
In the world of finance, it is crucial to conduct due diligence before making any financial decision. This includes understanding the content provided on websites, such as general news and publications. It is important to remember that the information presented on these platforms is intended for educational and research purposes only. Therefore, it should not
When it comes to financial decision-making, it is crucial to approach the process with caution and skepticism. The information provided on various platforms, including websites and publications, should be viewed as general news and opinions rather than personalized advice. It is essential to conduct your own research, consult with knowledgeable advisors, and use your discretion
In our recent assessment of the NASDAQ 100 (NDX), QQQ ETF, SP500 (SPX), SPY, Apple (AAPL), Tesla (TSLA), Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Meta Platforms (META), Netflix (NFLX), and Alphabet (GOOGL), we have identified a potential Elliot Wave pattern. Our analysis suggests that we are currently witnessing the development of Wave iii of (i)
Billionaire investor Bill Ackman has taken a major step by selling a 10% stake in Pershing Square, a move aimed at eventually making his investment firm public. The fundraising round saw the company raise $1.05 billion, representing 10% of the management company and suggesting a valuation of $10.5 billion. The investors involved in the deal