Search results for "stock"

Wake-up Call for Europe: Ukraine's Kakhovka Hydroelectric Power Plant disaster 

On Tuesday, June 6, the Kakhovka Hydroelectric Power Plant, situated in Nova Kakhovka in Southern Ukraine, was struck by a calamitous event, now recognized as the largest technological disaster in Europe in decades. The severity of the incident cannot be understated, as the plant’s dam, turbines, and generators were completely devastated, leading to significant repercussions […]

Elon Musk's Commitment to Shaping the Future of Technology 

Musk’s investments in several industries demonstrate his commitment to shaping the future of technology and science.  Elon Musk, the CEO of Tesla and SpaceX, has been in the news lately due to the significant drop in his net worth. In 2021 Musk’s net worth fell by $27 billion in just one week, according to Forbes, […]

Tsmc Q1 Earnings Seen Down 5% Y/Y, Q2 Also Looks Tough

Taiwanese chipmaker TSMC is expected to post a 5% fall in first-quarter net profit on Thursday, with global economic woes denting demand for semiconductors used in everything from cars to advanced computing extending into the current quarter. Taiwan Semiconductor Manufacturing Co Ltd (TSMC), the world’s largest contract chipmaker and a major Apple Inc supplier, is […]

Chatgpt’s AI to Power Chegg Study Buddy as Educators Wrestle with Tech

The artificial intelligence behind ChatGPT, the homework-drafting chatbot that some schools have banned, is coming to more students via the company Chegg Inc. The U.S. educational software maker has combined its corpus of quiz answers with the chatbot’s AI model known as GPT-4 to create CheggMate, a study aide tailored to students, CEO Dan Rosensweig […]

Waiting for Quantum Computers to Arrive, Software Engineers Get Creative

Quantum computers promise to be millions of times faster than today’s fastest supercomputers, potentially revolutionizing everything from medical research to the way people solve problems of climate change. The wait for these machines, though, has been long, despite the billions poured into them. But the uncertainty and the dismal stock performance of publicly-listed quantum computer […]

Dollar slides as US inflation slows, tech drags on Hong Kong

Asian stocks struggled on Thursday, dragged down by tech and property selling in Hong Kong, while the dollar was under pressure as softening U.S. inflation seemed to suggest the Federal Reserve’s rate hike cycle was nearing its end. Early in the Asia day the euro hit a 2-1/2 month top at $1.10. Investors are positive […]

Can AI answer your money questions? We put chatbots to the test

Face it, we could all use a little help with our money. So who better to ask for personal finance advice than a couple of the most powerful chatbots on the planet? Both OpenAI’s ChatGPT and Google’s Bard are dominating headlines recently, for their generative capabilities and vast storehouses of information. Each has far more […]

AI Pause: Rest or Reset?

A tempest has erupted over a letter co-signed by Elon Musk and thousands of others calling for a halt to AI research after the researchers listed in the letter denounced its use of their work, some signatories were found to be phony, and others withdrew their support. But let us take a closer look.  A […]