Tag Archives: Big

Cathie Wood just called this technology the ‘next big frontier’ with a market opportunity of $80 trillion — here are 3 easy ways to invest in it Cathie Wood believes that she’s found the next big thing in investing — and has the data to back it up. “We were assuming that in the next 10 years, artificial intelligence would deliver, in the enterprise software space, a market cap opportunity of $30 trillion,” the star stockpicker said at a Milken Institute conference last month. “Our… Source link

Three months ago, President Biden assured his fellow Americans that a surge in inflation was “temporary.” The Federal Reserve largely concurred. Now, Biden and the Fed either have to redefine “temporary” or come up with a different narrative. Overall inflation hit 6.2% in October, the highest level of price hikes in 31 years. More concerning than the topline number are new indications that rising prices are becoming a permanent feature of the economy instead of a fleeting anomaly…. Source link

Advanced Micro Devices (AMD) is about to enter the metaverse. The chip giant said its EPYC chips were selected by Meta (formerly known as Facebook) to help power its data centers at its virtual Accelerated Data Center Premiere event Monday. AMD explained the two companies worked together to develop a high-performance, power-efficient processor based on the company’s 3rd Generation EPYC processor. “Adding Meta is certainly a very significant piece,” AMD CEO Dr. Lisa Su said on Yahoo Finance… Source link

Demand for cryptocurrency and blockchain talent is soaring, as big banks make a big push into the as-yet unregulated space. According to LinkedIn, U.S. job postings for “crypto” and “blockchain” positions have skyrocketed 615% in August, compared to the same period last year. “We’re seeing this across the big banks and that’s really the sea change over the past few years,” Devin Banerjee, LinkedIn’s editor-at-large of business and finance, told Yahoo Finance. “Big banks… Source link

MOSCOW, Nov 1 (Reuters) – Russian tech giant Yandex plans to reward responsible drivers on its car-sharing platform with cheaper insurance this year, it told Reuters, using machine learning in a pilot programme similar to one already adopted by Tesla. Newly-listed Renaissance Insurance has verified Yandex’s algorithms and the two companies will team up to offer car insurance… Source link

Hardware season is heading for a dramatic finale next week, with three events from three major companies, three days in a row. Apple, Google and Samsung (in that order) are all hosting big events next week, getting their last big announcements (hopefully) out of the way ahead of the upcoming holiday season. That means your friendly neighborhood hardware editor — and much of the TechCrunch staff — is set to be busy for the next few weeks, writing about and reviewing all manner of… Source link

Google’s Pixel 6 phones. Google Google’s new phones, the

Market volatility has dipped since September, but the nation’s top bankers are warning that choppiness could be coming back soon — thanks to the Federal Reserve. In earnings calls this week, executives at the largest U.S. banks said price swings could be back as the central bank attempts to slow (and then reverse) its easy money policies launched last year to insulate the economy from the effects of the COVID-19 pandemic. “It’s good to be watchful right now,” Morgan Stanley (MS) CEO… Source link

The stock market’s volatile start to the fourth quarter has some investors wondering if it’s a scene setter for a proper bear market later this year. A growing number of Wall Street banks have said the equity market looks vulnerable. Morgan Stanley recently said it sees growing risk of a 20% drop in the S&P 500 as evidence starts to point to weaker growth and falling consumer confidence. So far in October, stocks have swung between steep gains and losses while the so-called fear gauge, the… Source link

Former President Donald Trump weighed in on the booming cryptocurrency movement, reiterating his concerns that rapidly proliferating digital coins pose a threat to the U.S. dollar’s (DX-Y) status as a global reserve currency. In fact, Trump believes that China’s recent move to ban crypto is a warning shot to the U.S. to protect its currency, he told Yahoo Finance in a wide-raging interview about the economy, and his potential aspirations for the next general election. He added that Chinese… Source link