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Meta, Amazon, Twitter layoffs: 'Tech layoffs won't destroy American dreams of Indians’
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Meta, Amazon, Twitter layoffs: 'Tech layoffs won't destroy American dreams of Indians’
bbc.com/news/world-asia-india-63804055
Emerging Markets Extend Bounce to Second Day After US PMI Miss: Emerging-market stocks rose for a second session amid signs of easing tensions in the Middle East ...
bloomberg.com/news/articles/2024-04-23/emerging-market-stocks-sustain-recovery-as-mideast-concerns-ease
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Gold (XAUUSD) Falls Again After Biggest Daily Slump in Almost Two Years: Gold extended losses after its biggest daily decline in almost two years ...
bloomberg.com/news/articles/2024-04-23/gold-xauusd-falls-again-after-biggest-daily-slump-in-almost-two-years
Switzerland Blocks More Than $14 Billion of Russian Assets: Switzerland has blocked 13 billion francs ($14.3 billion) in Russian assets held in the country ...
bloomberg.com/news/articles/2024-04-23/switzerland-says-it-s-blocked-14-2-billion-of-russian-assets
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China Is Front and Center of Gold’s Record-Breaking Rally: Gold’s rise to all-time highs above $2,400 an ounce this year has captivated global markets. China ...
bloomberg.com/news/articles/2024-04-21/china-is-front-and-center-of-gold-s-record-breaking-rally
Alphabet’s (GOOGL) Cash Pile Raises Dividend Hopes on Wall Street: Alphabet Inc. is bringing in so much cash that hopes are rising it will take a page out of the ...
bloomberg.com/news/articles/2024-04-22/alphabet-s-cash-boom-is-raising-dividend-hopes-on-wall-street
Wall Street Banks Face CFTC Probe of NDAs in Swaps, Clearing Businesses: A top financial regulator is asking large Wall Street banks for non-disclosure ...
bloomberg.com/news/articles/2024-04-23/nda-probes-are-expanding-to-large-banks-swaps-clearing-businesses
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Fed’s Forecasting Method Looks Increasingly Outdated as Bernanke Pitches New Way: The Federal Reserve is stuck in a mode of forecasting and public communication ...
bloomberg.com/news/articles/2024-04-21/fed-s-forecasting-method-looks-increasingly-outdated-as-bernanke-pitches-new-way
Crypto Hedge Funds Lured by Returns of Memecoins, Like Dogwifhat (WIF): The hedge fund world appears to be finding the siren song of memecoins irresistible.
bloomberg.com/news/articles/2024-04-23/hedge-funds-lured-by-returns-of-memecoins-like-dogwifhat-wif
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Bubble Tea Maker Chabaidao Debuts After HK’s Biggest IPO of 2024: Chinese bubble-tea maker Sichuan Baicha Baidao Industrial Co., also known as Chabaidao ...
bloomberg.com/news/articles/2024-04-22/bubble-tea-maker-chabaidao-debuts-after-hk-s-biggest-ipo-of-2024
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The Prompt: The Latest AI Startup To Face Reality: Plus: Mark Zuckerberg’s fake beard and AI-generated e-textbooks
forbes.com/sites/rashishrivastava/2024/04/23/the-prompt-the-latest-ai-startup-to-face-reality/
New US Home Sales Jump to Highest Level Since September: Sales of new homes in the US bounced back in March in a broad advance as prospective buyers toughed out ...
bloomberg.com/news/articles/2024-04-23/new-us-home-sales-jump-to-highest-level-since-september
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Latin America Sees Low-Rate Dreams Crumble, Political Woes Rise: The region that led the world into a promising cycle of interest rate cuts is warning that ...
bloomberg.com/news/articles/2024-04-19/latin-america-sees-low-rate-dreams-crumble-political-woes-rise
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Meta’s New GenAI Is Theatrical. Here’s How To Make It Valuable: Concern about a generative AI bubble is growing. To defend against disillusionment ...
forbes.com/sites/ericsiegel/2024/04/21/metas-new-genai-is-theatrical-heres-how-to-make-it-valuable/
Quick Glance: Uncovering the World of AI-Generated Media
- The proliferation of AI-generated images and text is a growing concern on the internet, impacting users more than they realize.
- Experts caution about the impact of synthetic media on decision-making processes and society.
- Despite the potential for beneficial applications of generative AI, the lack of oversight necessitates consumers to verify content authenticity.
- There are techniques to detect fake images and videos, such as identifying details like flawed hand positions, inconsistent eye reflections, and incoherent backgrounds.
Ireland Forecasts Surplus Rise on Record Corporation Taxes: Ireland has forecast a budget surplus of €8.6 billion ($9.2 billion) this year ...
bloomberg.com/news/articles/2024-04-23/ireland-forcasts-8-6bn-surplus-on-corporation-tax-receipts
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Cash-Advance Company Sued by New York Got Funding From Hedge Fund Billionaire: One man started a cash-advance company. The other was a retired investing legend ...
bloomberg.com/news/articles/2024-04-23/cash-advance-company-sued-by-new-york-got-funding-from-hedge-fund-billionaire
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PepsiCo’s Earnings Are Tuesday. Wall Street Is Looking Further Ahead.: PepsiCo’s results are expected to highlight the challenge consumer-products companies face ...
barrons.com/articles/pepsico-stock-earnings-c87a4297
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Israel Credit Rating Downgraded by S&P on Heightened Geopolitical Risk: Israel was downgraded by S&P Global Ratings, which joined Moody’s Investors Service ...
bloomberg.com/news/articles/2024-04-18/s-p-downgrades-israel-rating-on-heightened-geopolitical-risk
Stock Market Today: Dow, S&P Live Updates for April 19: A selloff in the world’s largest technology companies hit stocks, with the industry that has powered the ...
bloomberg.com/news/articles/2024-04-18/stock-market-today-dow-s-p-live-updates
Hedge Funds Snap Up Japan Rates Traders With Prospect of Higher Salaries: The upending of Japan’s government bond markets after almost a decade of predictability ...
bloomberg.com/news/articles/2024-04-22/hedge-funds-snap-up-japan-rates-traders-in-bet-on-comeback
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China’s Sovereign Fund Ramped Up ETF Purchases to Lift Stocks: China’s sovereign wealth fund likely bought at least $43 billion of onshore exchange-traded funds ...
trib.al/CDBX9v2
GE Aerospace’s Earnings Are Going to Be Strange. Stay Tuned.: The results cover both GE Aerospace and GE Vernova because the two were still a single company ...
barrons.com/articles/ge-aerospace-stock-earnings-5b719990
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TikTok Divest-or-Ban Bill Expected to Become US Law Within Days: The US House on Saturday put legislation forcing TikTok’s Chinese parent ByteDance Ltd ...
bloomberg.com/news/articles/2024-04-20/tiktok-divest-or-ban-bill-expected-to-become-us-law-within-days
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Quick Glance: EU Threatens to Suspend TikTok Lite App Features
- The European Commission has expressed concerns over the 'risks of serious damage for the mental health of users', including minors, regarding the TikTok Lite app.
- TikTok Lite allows users in France and Spain to earn points that can be exchanged for vouchers or gift cards by watching and liking videos.
- The commission is threatening to take interim measures, including suspending the rewards program in the European Union, if TikTok fails to provide a risk assessment.
- The EU has already fined TikTok under the Digital Services Act and could impose further sanctions if the company does not respond to requests or prove safety measures.
EXCLUSIVE: Kind Founders Reveal How They're Building A Better Web3 For Creators, Gamers And Communities -
benzinga.com/markets/cryptocurrency/24/04/38327580/exclusive-kind-founders-reveal-how-theyre-building-a-better-web3-for-creators-gamers-and-c
Dubai Mansion Sales Soar as Wealthy Flock to Palm-Shaped Island: Sales of homes with a price tag of $10 million or more climbed 19% in Dubai during the first ...
bloomberg.com/news/articles/2024-04-16/dubai-mansion-sales-soar-as-wealthy-flock-to-palm-shaped-island
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Why UBS Has Turned Cautious on Megacap Tech Stocks
barrons.com/articles/megacap-tech-stocks-downgrade-30228ec2
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Electric Cars in Norway May Push Diesel Rivals Off Top by 2026: Norway, the pioneer in abandoning combustion-engine automobiles, may see electric cars become the ...
bloomberg.com/news/articles/2024-04-19/electric-cars-in-norway-may-push-diesel-rivals-off-top-by-2026
Finally, America’s Congress does right by Ukraine: Disaster has been dodged. But the political malaise that delayed the Ukraine funding bill remains
economist.com/leaders/2024/04/20/finally-americas-congress-does-right-by-ukraine
DHDL: Bye Bye Toe introduces briefs against cameltoe: When pants pull into the crotch, a so-called “camel toe” is created. Marie Mueller, on the other hand ...
businessinsider.de/gruenderszene/business/kein-cameltoe-mehr-dhdl-gruenderin-praesentiert-den-loewen-neuartigen-slip/
Bond-Market ‘Washout’ Near, Setting Up a Moment to Buy, JPMorgan’s Michele Says: ‘I’m trying to hang onto all my fingers and toes and keep my discipline ...
bloomberg.com/news/newsletters/2024-04-22/bond-market-washout-near-setting-up-a-moment-to-buy-jpmorgan-s-michele-says
Bitcoin Rises After ‘Halving.’ Why Cryptos Could Be Due for a Fall.: Bitcoin prices show technical signs of weakness after last week’s selloff and some analysts ...
on.barrons.com/3xDXU2f
Commodities Are a ‘Win-Win’ With $100 Crude Oil in Sight, Carlyle’s Currie Says: Commodities look like a “win-win” for investors as climbing prices reflect ...
bloomberg.com/news/articles/2024-04-23/commodities-are-a-win-win-with-100-crude-oil-in-sight-carlyle-s-currie-says
Some young people see Trump as an answer to their economic woes: Concerns about Biden's age and his support of Israel in its war against Hamas in Gaza have ...
reuters.com/world/us/chance-trump-youth-rally-see-him-answer-economic-woes-2024-04-21/
Europe's Annual Weather Report Highlights Floods, Wildfires, Heat in 2023: The continent, which is warming faster than any other region on the planet ...
bloomberg.com/news/articles/2024-04-22/europe-s-annual-weather-report-highlights-floods-wildfires-heat-in-2023
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PBOC Chief Seeks Faster Debt Restructurings, Clarity on Fairness: The head of China’s central bank sees debt restructurings among poor countries moving too slow ...
bloomberg.com/news/articles/2024-04-22/pboc-chief-seeks-faster-debt-restructurings-clarity-on-fairness
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China Property Tycoon Chen Hongtian Faces Payment Demands on $200M of Loans: A Chinese tycoon who had snapped up mansions and offices in Hong Kong and London ...
bloomberg.com/news/articles/2024-04-22/chinese-property-tycoon-faces-payment-demands-on-overdue-loans
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Russian court sentences Meta spokesperson in absentia to six years in prison: A Russian court has sentenced a Meta spokesperson in absentia to six years in ...
engt.co/3U83nWF
Economists Boost US GDP Forecasts, See Fed Rates Higher for Longer: Economists once again upgraded their forecasts for US growth, spending and employment ...
bloomberg.com/news/articles/2024-04-19/economists-dial-up-us-gdp-forecasts-temper-fed-rate-outlook
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Meta Platforms: Expect Shares To Pop On Strong Earnings, Again: Meta Platforms is poised for impressive advertising revenue growth, expected to capture 50% of ...
seekingalpha.com/article/4684979-meta-platforms-expect-shares-to-pop-on-strong-earnings
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ECB’s Villeroy Says Oil Uncertainty Won’t Stop June Rate Cut: The European Central Bank won’t be swayed from a first interest-rate cut in June by oil price ...
bloomberg.com/news/articles/2024-04-21/ecb-s-villeroy-says-oil-uncertainty-won-t-stop-june-rate-cut
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Yuan (CNY USD) Usage Making Larger Share of International Payments, Swift Says: The Chinese yuan is accounting for a growing share of international payments ...
bloomberg.com/news/articles/2024-04-18/yuan-usage-extends-global-climb-as-euro-share-slips-swift-says
Everything Oil: Future of the Most Versatile Food Oil May Lie in Latin America: The world is facing a growing shortage of its most versatile edible oil ...
bloomberg.com/news/articles/2024-04-14/everything-oil-future-of-the-most-versatile-food-oil-may-lie-in-latin-america
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The Morning After: Meta teases a limited-edition Quest headset inspired by Xbox: The biggest news stories this morning: Grindr sued for allegedly sharing users’ ...
engt.co/3w3bfko
Denmark Starts Its Largest-Ever Offshore Wind Power Tender: Denmark has kicked off its largest-ever wind power tender that will more than triple its offshore ...
bloomberg.com/news/articles/2024-04-22/denmark-starts-its-largest-ever-offshore-wind-power-tender
ECB Rate-Setters Agree on June Cut But Not Much Else Beyond: There’s one thing European Central Bank officials seem to agree on — that a first cut in interest ...
bloomberg.com/news/articles/2024-04-19/ecb-rate-setters-agree-on-june-cut-but-not-much-else-beyond
Ukraine aid: Trump relents, now Europe must step up: The new American arms aid is a huge relief for the hard-pressed Ukraine. But no one can rely on this being ...
nzz.ch/international/trump-lenkt-ein-und-unterstuetzt-die-ukraine-jetzt-muss-westeuropa-nachdoppeln-ld.1827299
Quick Glance: Ukraine Aid: Europe Must Step Up
- American military aid brings relief to Ukraine, but doesn't guarantee a turnaround in the defense war.
- Trump's approval remains uncertain, and political support in Washington is volatile.
- Russia's structural superiority and US political volatility call for increased support for Ukraine.
- Defending against Putin's imperialism becomes a long-term task - Europe needs to invest more in defense.
TSMC Outlook Beats Estimates as AI Demand Helps Propel Business: Taiwan Semiconductor Manufacturing Co. expects revenue to rise as much as about 30% this quarter ...
bloomberg.com/news/articles/2024-04-18/tsmc-posts-first-profit-growth-in-a-year-after-global-ai-boom
Quick Glance: TSMC Forecasts Q2 Growth Due to 'Insatiable' AI Demand
- TSMC, the world's largest chipmaker, forecasts a potential up to 30% increase in sales in the second quarter, driven by strong demand for semiconductors used in artificial intelligence (AI).
- The CEO of TSMC emphasized the insatiable demand for energy-efficient computing power for AI applications, stating that almost all AI innovators are collaborating with the company.
- Benefiting from the AI wave, TSMC expects revenue from AI servers to surpass 20% by 2028. The company anticipates that strong demand for its 3nm and 5nm technologies will support business in the second quarter of 2024.
- Forecasts for 2024 indicate TSMC's positive outlook, with expectations of revenue rising in the low- to mid-20% range. Despite sluggish smartphone demand, the company remains optimistic about the future due to the ongoing demand for advanced chip technologies.
Stock Market Today: Dow, S&P Live Updates for April 22: Asian stocks opened higher as focus shifted to a slew of company earnings and economic data this week for ...
bloomberg.com/news/articles/2024-04-21/asian-traders-brace-for-key-data-us-futures-rise-markets-wrap
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Apple removes WhatsApp and Threads from China store under pressure from Beijing: Internet regulator orders delisting of two Meta-owned apps over ‘national ...
ft.com/content/17b0059b-14b5-42fa-a84f-7de7a05ac08a
Quick Glance: Apple removes WhatsApp and Threads in China
- Apple removes Meta-owned apps under Chinese government pressure.
- Apps delisted due to 'national security concerns'.
- Chinese users now unable to download Western social media apps.
- Apple faces declining iPhone sales in China despite branding efforts.
TikTok Is Close to Being Banned. 4 Key Questions, Answered.: Congress is on the verge of passing a bill that could ban TikTok unless Chinese owner ByteDance Ltd ...
barrons.com/articles/tiktok-ban-congress-vote-news-1fe6cd76
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Bitcoin Holds Steady After ‘Halving’ Concludes: Bitcoin price falls slightly after the fourth ‘halving’ event concludes.
barrons.com/articles/bitcoin-ethereum-price-crypto-markets-today-6266eba3
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Investment Opportunities With Hot Inflation, Higher-for-Longer Interest Rates: Rising prices and high interest rates are frustrating investors ...
bloomberg.com/news/articles/2024-04-19/investment-opportunities-with-hot-inflation-higher-for-longer-interest-rates
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UK Energy Bills Could Rise by £29 Billion on High Rates, Green Investments: Persistently high interest rates could add £29 billion ($36 billion) a year to UK ...
bloomberg.com/news/articles/2024-04-21/uk-energy-bills-could-rise-by-29-billion-on-high-interest-rates
TechScape: No WhatsApp in China, no TikTok in the US, and the return of Llama: In this week’s newsletter: While Apple removed the platform from App Stores ...
theguardian.com/technology/2024/apr/23/techscape-apple-app-store-china-tiktok-meta-llama
Pharmaceutical giant Bayer is getting rid of bosses and asking nearly 100,000 workers to ‘self-organize’ to save $2.15 billion
fortune.com/europe/2024/04/11/pharmaceutical-giant-bayer-ceo-bill-anderson-rid-bosses-staff-self-organize-save-2-billion/
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This Week in AI: When ‘open source’ isn’t so open: Keeping up with an industry as fast-moving as AI is a tall order. So until an AI can do it for you ...
techcrunch.com/2024/04/20/this-week-in-ai-when-open-source-isnt-so-open/
Netflix (NFLX) Stock Falls as Weak Revenue Forecast Overshadow Subscriber Adds: Netflix Inc. shares tumbled the most in two years on Friday as a weak forecast ...
bloomberg.com/news/articles/2024-04-18/netflix-adds-9-33-million-customers-crushing-street-forecasts
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Ireland Must Speed Up Planning System on Housing, Makhlouf Warns: Ireland must speed up its planning application system if it is to increase housing supply ...
bloomberg.com/news/articles/2024-04-16/ireland-must-speed-up-planning-system-on-housing-makhlouf-warns
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Someone added a beard to a photo of Zuck. People are loving the look.: The edited image has even drawn the attention of Mark Zuckerberg himself and his wife ...
businessinsider.com/mark-zuckerberg-fake-beard-meta-social-media-viral-photo-2024-4
Exclusive | AI Developers Agree to New Safety Measures to Fight Child Exploitation
wsj.com/tech/ai/ai-developers-agree-to-new-safety-measures-to-fight-child-exploitation-2a58129c
Macklem Sees Little Impact of Canada Budget on Fiscal Track: Bank of Canada Governor Tiff Macklem said Prime Minister Justin Trudeau’s recent budget did not ...
bloomberg.com/news/articles/2024-04-19/macklem-sees-little-impact-of-canada-budget-on-fiscal-track
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Quick Glance: Macklem Sees Limited Impact of Canada Budget on Fiscal Direction
- Bank of Canada Governor Tiff Macklem suggested Prime Minister Justin Trudeau’s recent budget, which balanced increased spending with a capital gains tax hike and improved revenue forecasts, did not significantly contribute to inflationary pressures.
- Macklem informed reporters on Friday that the budget did not alter the government's fiscal trajectory significantly compared to the November fiscal update. It was highlighted that Finance Minister Chrystia Freeland upheld her commitment regarding deficit maintenance and shortfall reduction goals for the future.
- The Governor emphasized the continued adherence of the budget to these guidelines, which was deemed beneficial. He refrained from delving into specific details of budget measures, emphasizing the responsibility of lawmakers to deliberate on the government's fiscal plan.
- Macklem expressed that the latest three inflation indicators showed a sustained downward trend, with the bank awaiting confirmation that this trend will persist to ensure the progress towards price stability is maintained.
Biden Trade Chief Sees Conclusion of China Tariff Review ‘Soon’: President Joe Biden’s trade chief said that she expects a conclusion on a review of tariffs on ...
bloomberg.com/news/articles/2024-04-19/biden-trade-chief-sees-conclusion-of-china-tariff-review-soon
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WhatsApp: Meta AI brings AI search and replies and more: Haven't heard anything about the integration of AI in anything for a long time? Then that's good. Meta ...
stadt-bremerhaven.de/whatsapp-meta-ai-bringt-ki-suche-und-antworten-und-mehr/
Wall Street Fires Up Deals for Preferred Shares With Fed on Hold: Fading hopes that the Federal Reserve will soon cut rates are prompting US banks to re-evaluate ...
bloomberg.com/news/articles/2024-04-19/wall-street-fires-up-deals-for-preferred-shares-with-fed-on-hold
Meta Horizon OS: Other manufacturers get access: Meta wants to find new partners and deliver its system to more people. For this reason ...
stadt-bremerhaven.de/meta-horizon-os-andere-hersteller-bekommen-zugriff/
America’s interest rates are unlikely to fall this year: That will squeeze financial markets and the world economy
economist.com/leaders/2024/04/17/americas-interest-rates-are-unlikely-to-fall-this-year
Bloomberg Weekend Reading: The Risky Economics of Global Uncertainty: Get caught up.
bloomberg.com/news/newsletters/2024-04-20/bloomberg-weekend-reading-the-risky-economics-of-global-uncertainty
Bloomberg Evening Briefing: Wall Street Ends the Week in a ‘Tech Wreck’: Get caught up.
bloomberg.com/news/newsletters/2024-04-19/bloomberg-evening-briefing-wall-street-ends-the-week-in-a-tech-wreck
Fed Interest-Rate Cut Is Not Likely Until End of Year, Raphael Bostic Reiterates: Federal Reserve Bank of Atlanta President Raphael Bostic said he’s comfortable ...
bloomberg.com/news/articles/2024-04-18/bostic-says-fed-can-be-patient-cut-not-likely-until-end-of-year
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Treasury Yields Give Rate-Cut Hope, Why Stocks Still Face a Bumpy Ride, And 5 Other Things to Know Before the Market Opens.
barrons.com/articles/djt-stock-trump-tesla-what-to-know-today-1eca8be0
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US Imposes Fresh Sanctions on Iran Over Israel Drone Barrage: The Biden administration imposed fresh sanctions on Iran over its April 13 strike on Israel ...
bloomberg.com/news/articles/2024-04-18/us-imposes-fresh-sanctions-on-iran-over-israel-drone-barrage
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Wall St gains after Friday sell-off, Mideast tensions subside: Wall Street stocks ended higher on Monday following a market sell-off in previous sessions as ...
reuters.com/markets/us/futures-recover-after-friday-sell-off-mideast-tensions-ease-2024-04-22/
Quick Glance: Hope for Strong Quarterly Results Drives Wall St Stocks
- Wall Street stocks saw an increase on Monday as investors anticipated a busy week of quarterly results from key companies to gain insight into the health of the U.S. economy.
- All 11 S&P 500 sectors experienced growth, with technology and financial stocks leading the gains.
- In addition to the outstanding corporate earnings, markets are also looking forward to the upcoming release of the PCE data in March later this week to further understand the monetary policy trajectory.
- Megacap growth stocks showed gains, including Alphabet, Amazon.com, and Apple, along with Nvidia's increase to recover from a previous decline.
Citi (C) Holds Call for 125 Basis Points of Fed Rate-Cuts in 2024: Economists at Citigroup Inc. are going out on a limb by wagering that virtually everyone on ...
bloomberg.com/news/articles/2024-04-17/citigroup-says-wall-street-is-wrong-to-slash-fed-rate-cut-bets
It's a Wilder Stock Market Now. Don't Panic.: Investors should prepare for more stock market choppiness ahead amid the Iran-Israel conflict ...
on.barrons.com/3JomNl6
Quick Glance: S&P 500: Potential Downside Risk with Nasdaq 100 in Peril (Technical Analysis)
- The S&P 500 may be facing potential downside risk, with a deep decline possibly unfolding in stages, with the Nasdaq 100 potentially being the last to be affected.
- In the era of 'buying the dip,' there is a chance that a decline could occur gradually or swiftly, or it could even be a false alarm.
- As a risk manager, it is more important to assess the risks of different market segments and position accordingly, rather than speculate on market movements.
- The primary goal is to avoid being affected by market-changing sell-offs, and adjusting the portfolio to address the current market risks is crucial.
My God, Trump! How dangerous are the nationalist Christians in the USA?: Christian nationalist representatives were present when Trump supporters stormed the ...
nzz.ch/feuilleton/donald-trump-christliche-nationalisten-usa-ld.1825415
Mark Zuckerberg has passed Elon Musk as the world's third-richest person as Tesla stock hits new lows
qz.com/tesla-musk-meta-facebook-zuckerberg-wealth-stock-1851419657
BofA Strategists Say Rates Jitters Are Fueling Stock Outflows: Investors are pulling money out of equities as a strong US economy and sticky inflation fuel ...
trib.al/AUNi4Ap
Electric cars, solar panels and wind turbines: dispute over China's overcapacity: Is China flooding the world with cheap solar panels, wind turbines or electric ...
nzz.ch/meinung/chinas-exporte-das-westliche-jammern-ist-scheinheilig-ld.1826559
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