Kahneman's work overturned the idea of human rationality in economics. Behavioral economics examines irrational financial choices, often driven by loss aversion. Successful investors grasp the impact of emotions on decisions, balancing emotional and ...
Nvidia launches China-specific AI chip, H20, priced similarly to Huawei's 910B. Despite lower power, H20 competes in interconnect speed. Delivery in Q1 2024. CEO emphasizes China market.
Reddit plans March IPO amid stiff competition, testing user loyalty. Valued at $10B, it aims to sell 10% shares, facing challenges and market uncertainties.
German property market undergoes unprecedented crisis: 10.2% Q3 drop, bursting speculative bubble, insolvencies, job concerns in construction sector.
Nintendo's "Switch 2" is set for a 2024 launch, aiming to rejuvenate sales with advanced features and leveraging its iconic characters' popularity.
Moderna's 2023 sales slightly beat expectations at $6.7B, despite a 63.6% drop from 2022. The company forecasts $4B in 2024 revenues, with growth in 2025 and break-even by 2026.
Google settles a $5 billion privacy lawsuit for allegedly tracking users in "incognito" mode in Chrome and other browsers.
Analyzing Tesla stock: exploring financial health, market trends, innovation, and future outlook in the dynamic EV sector.
Discover how Tesla's recent recall is a mere blip in its ambitious journey towards full self-driving technology. Get insights into Tesla's resilience and future prospects.
Mistral AI joins Google Cloud to enhance AI development, boosting open-source AI tools globally.
EU to restrict Apple's App Store, potentially fining up to 10% of sales, following a Spotify complaint about unfair practices."
The WHO urges higher taxes on alcohol and sugary drinks to improve public health. Alcohol is linked to 2.6M deaths annually. The move aims to reduce disease, enhance revenue, and combat societal issues like violence and traffic accidents.
US house prices fell 17.6% in Oct due to high mortgages. Shortage of existing homes may cause a temporary dip. New home market stays strong due to low existing inventory, boosting demand for new builds.
Cybersecurity protects data, applications, networks, and devices from unauthorized access and malicious attacks. It consists of network, application, data, endpoint, cloud, and IoT security components. Companies worldwide spent around $150 billion.
Billionaire investor Vinod Khosla forecasts AI's impact: free vital services, a billion robots, universal child healthcare/education. Despite valuation concerns, he's committed to AI's transformative potential.
Amazon showcased new generative AI products at AWS re:Invent, aiming to diversify client options, boost cost-efficiency, and partner with Nvidia to integrate hardware like GH200 Superchips into Amazon EC2 for cloud deployment.
Ken Griffin, founder of Citadel hedge fund, predicts Miami's financial potential to surpass New York as a hub. He believes Florida's pro-business climate fosters growth, and Citadel's recent move from Chicago to Miami aligns with this trend.
The Gamestop Rally demonstrated how Market Makers like Citadel Securities may corrupt the market through their conflict of interest.