Google’s $100B Market Loss
Google’s $100B Market Loss, caused by its Chatbot Error and Event Disappointments Outpaced by Microsoft’s AI-Powered Bing.
Google AI “BARD’ Falls Behind Microsoft in Search Race
Google AI “BARD’ falls behind OpenAI’s ChatGPT. Alphabet’s market value took a $100 billion hit on Wednesday. The dip came after the chatbot, Bard, shared inaccurate information in a promotional video and a company event failed to impress. Investors are now worried that Google is losing ground to rival Microsoft. Shares of Alphabet slipped 9%…
Tesla’s Price Shift: Navigating the EV Market
Tesla’s price shift for its Model Y SUV have raised questions about the company’s strategy in the electric vehicle market.
Elon Musk Triumphs Again: Jury Clears Tesla CEO
Elon Musk triumphs, after he has won the recent court case against investor claims that he violated federal securities law. The jury rejected the claims and found that the investors failed to prove their case against Elon Musk and Tesla Inc. This case is another example of Elon Musk‘s unusual appetite for seeing cases through…
How Texan Oil Traders Navigate Volatility
In this article, we will explore how Texan oil traders navigate volatility and what strategies they employ to manage risk. The rise of U.S. crude exports has made Texas a key player in global oil prices, and the financial instruments used by traders to avoid or capitalize on price swings have become more central in…
Tesla Customer Uproar: Demand for Compensation
Tesla Customer uproar was due to widespread public discontent with the current political system and the widespread belief that the government was corrupt and failing to address the needs of the people. This led to widespread protests and demonstrations, which have been met with police violence, further fueling public anger and outrage. Tesla’s recent price…
Mortgage Lending: Exploring the Roots
The history of mortgage lending goes back centuries, and it’s still a crucial practice in the real estate industry. By offering collateral, people can borrow money to buy properties that they may not be able to afford upfront. History of Mortgage Lending It’s an old practice that dates back to the Tang Dynasty in China.…
New Cars: A Distant Dream for the Average American
The global pandemic has disrupted the automotive industry in numerous ways, and one of the most significant consequences is the skyrocketing prices of new cars. This has become a distant dream for the typical American family, as the average monthly payment for a new car has soared to a record $777, which is almost a…
The New Normal: The Shifting Landscape of Remote Work and Its Impact on Cities
New York City has long been known as one of the world’s leading financial centers, with office workers filling the city’s subway cars on a daily basis to get to work. But the pandemic has changed everything. With the shift towards remote work and the decrease in spending, the city’s economy has taken a significant…
Recessions: Inverted Yield Curves and Market Indicators
Recessions are largely psychological, and it can be difficult for any central bank or government to prevent them. Inverted yield curves and drops in the stock market are leading indicators of a recession, but they are not always accurate predictors. There are other indicators in the bond market that can help economists understand and predict…