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How ai is disrupting one profession: ‘a lot of people will lose their jobs'

Kelley Donner sees both the promise and the peril of artificial intelligence. But she's seen a lot more of the latter recently — and now she fears f...

June 20, 2023, 10:04 am

Jack ma reportedly proposed a restructure at alibaba, and it has echoes of what's been happening at meta

Alibaba cofounder Jack Ma held a small group meeting with top company execs in May, per LatePost. Ma suggested flattening out Taobao and Tmall's org c...

June 20, 2023, 5:45 am

A light one on the data docket in europe today

The dollar is regaining a bit of footing after its post-FOMC plunge this month, and the antipodeans are being hurt the most so far today. The latter i...

June 20, 2023, 5:20 am

General electric (ge) arm wins wind turbine deal in india

General Electric's (GE) business unit GE Vernova secured a deal from Amplus to supply 40 units of 2.7-132 onshore wind turbines for the latter's Tamil...

June 19, 2023, 11:43 am

Jasper’s market squawk 19-06-2023

Quadruple Witching Generates Market Volatility Friday saw the expiry of $4.2T in options contracts, leading to unusual fluctuations in stock markets a...

June 19, 2023, 9:28 am

General electric ceo larry culp says supply chain issues are still challenging

Speaking to CNBC's Phil LeBeau at the Paris Air Show, General Electric CEO Larry Culp says supply chain issues are getting "marginally better, but the...

June 19, 2023, 7:46 am

Petrobras (pbr) shows reluctance over acquiring braskem

Petrobras (PBR) expresses unwillingness in exercising its right to acquire Braskem and consolidate the latter's debt....

June 16, 2023, 10:06 am

Japanese yen fails to take comfort from ueda presser

USD/JPY is up another 0.6% today to 141.15 at the moment but it isn't the best indicator of how the Japanese yen is falling apart especially towards t...

June 16, 2023, 7:18 am

Is meta still a buy after apple's vision pro launch?

Having endured not a small amount of ridicule for their pivot towards, and investment in, the metaverse, Meta Inc NASDAQ: META has had to watch App...

June 15, 2023, 7:46 am

Switzerland may producer and import prices -0.3% vs +0.2% m/m prior

Prior +0.2%Looking at the breakdown for the month, producer prices actually increased by 0.4% in May but that is more than offset by the plunge in imp...

June 15, 2023, 6:30 am

Australia may labour force: a robust read but flattered by april’s seasonal ‘anomaly’

Total employment: +75.9k from –4k (revised from –4.3k); unemployment rate: 3.6% from 3.7%; participation rate: 66.9% from 66.7%. Total employment ...

June 15, 2023, 5:16 am

Eur/usd bound by 100-day moving average ahead of fed policy decision

The dollar endured some mixed fortunes yesterday after the US CPI data but against the euro, it fell on the day but held on at a key resistance point....

June 14, 2023, 8:56 am

The dollar moves lower after cpi. a technical look at the eurusd, usdjpy and gbpusd

The initial reaction to the CPI is for the dollar to move lower, yields moved lower and the NASDAQ is higher all suggesting a "happy" number for the m...

June 13, 2023, 12:43 pm

Apple feeling the pressure of ubs downgrade on growth concerns

Apple Inc (NASDAQ:AAPL)'s growth is likely to remain under pressure due to persistently soft demand in developed markets, according to UBS, which has�...

June 13, 2023, 12:31 pm

Nzdusd intermediate impulse to complete correction Ⓑ.

The NZDUSD pair is currently building a correction pattern. We can see a zigzag consisting of primary waves Ⓐ-Ⓑ-Ⓒ. The bearish correction Ⓑ is...

June 13, 2023, 6:39 am

Apple: leading investment bank downgrades on growth concerns

Apple Inc (NASDAQ:AAPL)'s growth is likely to remain under pressure due to persistently soft demand in developed markets, according to UBS, which has�...

June 13, 2023, 6:15 am

Us cpi the first key hurdle for markets this week

The April reading last month came in at 4.9% with the core annual estimate coming in 5.3%. This time around, the former is expected to drop to 4.1% in...

June 13, 2023, 4:28 am

Nasdaq extends gains to 1% as chipmakers lead the way

Anything related to AI or anything that could be related to AI is surging.Today it's chipmakers lead the way with Broadcom and Intel as the two top pe...

June 12, 2023, 5:51 pm

Eur/usd price analysis: gains remain capped by 1.0800

A more serious bullish attempt is expected to quickly surpass the so far monthly high at 1.0790 (June 12), which is closely followed by the round leve...

June 12, 2023, 1:30 pm

Roku stock is up 71% in 2023: can it keep climbing?

Roku shares have nearly doubled since bottoming out in December, but they are still well below their 2021 highs. Recent financials look unflattering, ...

June 12, 2023, 11:55 am


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