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ScarJo Goes After OpenAI

ScarJo Goes After OpenAI

Scarlett Johansson has accused OpenAI of stealing her voice for GPT-4o. Johansson claims that OpenAI’s “Sky” voice is “eerily similar” to her own and that she was approached by OpenAI CEO Sam Altman to voice the system but declined. depositphotos Unsurprisingly, OpenAI has denied the allegations, stating that the “Sky” voice belongs to a different professional actress. However, […]
Is The Yield Curve Still Relevant? An Economist Clarifies

Is The Yield Curve Still Relevant? An Economist Clarifies

When the US Treasury yield curve inverts (short rates rise above long rates) the shift is widely viewed as a reliable forecast that a recession is near. But this time has been different, or so it seems. The curve has been inverted since July 2022, the longest inversion on record, but a recession has yet to arrive.Is […]
Ranked: The Top Startup Cities Around The World 
                    
 

Ranked: The Top Startup Cities Around The World  

A richly connected network of founders, venture capital firms, and tech talent are some of the key ingredients driving a startup ecosystem. As engines of growth, these tech clusters are evolving on a global scale. While the world’s leading startup cities are concentrated in America, several ecosystems, such as Beijing and Seoul, are growing in prominence […]
Spring 2024 Snapshot Of Expected Future S&P 500 Earnings

Spring 2024 Snapshot Of Expected Future S&P 500 Earnings

Every three months, we take a snapshot of the expectations for future earnings in the S&P 500 (Index: SPX) at approximately the midpoint of the current quarter, shortly after most U.S. firms have announced their previous quarter’s earnings.Since our last update three months ago, expectations for the S&P 500’s earnings have improved. The S&P 500’s earnings per […]
Chinese Gold Demand Charted Another Strong Month In April

Chinese Gold Demand Charted Another Strong Month In April

By Mike Maharrey, Money Metals Exchange Despite a rising price, Chinese gold demand remained robust in April.Strong investment demand more than made up for some weakness in the gold jewelry market. This continues a trend of gold moving from West to East. China ranks as the number one gold consumer in the world. The gold price was up about […]
Nvidia Earnings Anticipate 8.7% Swing, $200B Impact

Nvidia Earnings Anticipate 8.7% Swing, $200B Impact

 Image Source: Unsplash   Anticipated Share Movement: Nvidia’s options suggest an 8.7% share swing post-earnings, potentially impacting market capitalization by about $200 billion. Volatility Expectations: Current expectations are more tempered compared to the previous quarter’s 16.4% surge; the average implied move over the last eight quarters is around 12%. AI Industry Impact: Nvidia’s shares are up […]
EUR/USD Analysis: Halt In Gains

EUR/USD Analysis: Halt In Gains

The EUR/USD has been trading around $1.08 heading into the end of May, near its March highs. It is benefiting from general US dollar weakness amid growing expectations that the Federal Reserve will cut US interest rates this year. In Europe, the European Central Bank is likely to cut borrowing costs by June, but there […]
SEC asks updated spot Ethereum ETF filings from US exchanges: Report

SEC asks updated spot Ethereum ETF filings from US exchanges: Report

The Securities and Exchange Commission (SEC) reportedly asked exchanges that would list spot Ethereum (ETH) exchange-traded funds (ETF) in the US to update their filings, said Joseph Edwards, head of research at Enigma Securities, to Reuters. “Opposing the ETH ETF after the BTC one was approved always seemed like an odd case for the SEC […]
Traditional Markets Take Back Seat To Crypto

Traditional Markets Take Back Seat To Crypto

Image Source: Unsplash  It’s been dreadfully quiet in financial markets this week unless you’re looking over in the world of crypto where the regulatory climate in the US seems to be warming up. Currencies have otherwise been tracking mostly sideways, while US equity futures are happy to consolidate off recently established record highs.Video Length: 00:01:02More By […]
Bull Of The Day: Sharkninja

Bull Of The Day: Sharkninja

SharkNinja, Inc. (SN) has been red-hot since being listed on the NYSE in August 2023. This Zacks Rank #1 (Strong Buy) is expected to grow sales and earnings by the double digits in 2024.SharkNinja is a global product design and technology company. It operates two brands, Shark and Ninja. It has a history of bringing small […]