As of the end of 2023, Apple, Microsoft, Amazon, and Google stood as the leading global brands, dominating the market with their valuable presence. However, a surprising name emerged as a fierce contender in the race for market cap dominance – Nvidia. With a staggering valuation of $3.1 trillion (briefly reaching $3.3 trillion), Nvidia soared
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Boeing’s Starliner spacecraft, which was meant to return to Earth from the International Space Station with its first crew of astronauts, has faced yet another delay according to NASA. The return was initially scheduled for June 26th, but due to testing and technical issues, a new return date has not been provided. This raises questions
The arthouse market is currently experiencing a surge in exciting and unique films that are attracting both critical acclaim and audience attention. One of the most recent releases, “Kinds Of Kindness” directed by Yorgos Lanthimos and starring Emma Stone, is creating quite a buzz. This film is expected to have the best limited opening of
In the world of stock trading, one company can have a significant impact on the entire market. Nvidia, a leading AI chip firm, saw a decline in its shares for the second day in a row, causing a ripple effect throughout the technology sector. This decline not only affected the S&P 500 and Nasdaq, but
The future of artificial intelligence seems to be rapidly approaching, with Masayoshi Son, CEO of SoftBank, predicting that a new era of super intelligence is on the horizon. Son’s vision includes the development of artificial super intelligence (ASI), which he believes will be 10,000 times smarter than any human genius. This astounding revelation challenges the
China has invested a staggering $230.8 billion over the span of more than a decade to nurture its electric car industry, according to analysis unveiled by the Center for Strategic and International Studies. This monumental financial backing represents 18.8% of total electric car sales between 2009 and 2023. However, despite the massive injection of funds,
Accenture, the technology company, saw an increase of 8.6% in its stock despite missing earnings and revenue expectations. The company, however, reported over $900 million in new generative AI bookings, showing promise for future growth. On the other hand, Trump Media & Technology Group faced a decline of nearly 12% as its registration of additional
Disney/Pixar’s blockbuster sequel, Inside Out 2, continues to dominate the international box office as it sets new opening day benchmarks in several key overseas markets. The film’s success overseas has propelled its global box office total to an impressive $438.7 million, with the half a billion mark looming on the horizon. Wednesday saw the addition
Darden Restaurants recently reported a mixed quarterly performance, with Olive Garden experiencing a decline in same-store sales for the second consecutive quarter. This trend is concerning for the company, as it indicates a potential struggle to attract customers and drive revenue growth. With only a forecasted 1% to 2% increase in same-store sales for fiscal
The competition in the field of artificial intelligence has been heating up recently with the announcement of Anthropic’s latest model, Claude 3.5 Sonnet. As one of the many chatbots that have gained popularity in the past year, Claude is now being touted as the most powerful AI model released by Anthropic so far. With heavyweights
The recent report of lower than expected inflation rates in Israel has raised questions about the future monetary policy of the central bank. While the inflation rate of 2.8% is within the annual target of 1%-3%, it has not been sufficient to prompt the Bank of Israel to resume its rate cutting cycle. Even though
In a move to deepen ties with South Korea, Germany’s economy minister embarked on a trip to Asia, emphasizing the need to de-risk trade exposure to China. Both nations share a common goal of expanding their network of commercial allies amidst growing trade concerns. This mission aims to boost cooperation in business, economic security, and
Last weekend, Disney’s highly anticipated film, Inside Out 2, made a staggering $295M in its worldwide debut, surpassing all expectations. Disney’s Head of Global Theatrical Distribution, Tony Chambers, expressed his gratitude to exhibitors for their contribution to this historic success. The film’s midweek numbers continued to impress, reaching a global total of $380M by Tuesday.
Elon Musk found himself under scrutiny when he lashed out at advertisers considering pulling their ads from his X social media platform. Speaking at the Cannes Lions advertising festival in France, Musk clarified his previous comments by stating that his intention was to defend free speech rather than target the advertising industry as a whole.