From voice assistants to algorithms predicting global market trends, artificial intelligence (AI) is seeing explosive growth. But as with any emerging technology, there comes a point where innovation risks giving way to oversaturation. The rapid proliferation of AI tools and solutions in recent months has ignited discussions among industry experts and investors alike. Are we...
© Reuters. Alibaba (NYSE:) Group Holding Ltd.’s spinoff, Cainiao Smart Logistics Network Ltd., is set to become the first of five group companies to pursue an independent equities-market listing, according to reports. Despite being nominally considered a technology company, Cainiao’s operations align more with logistics companies like FedEx Corp (NYSE:). or ZTO Express (NYSE:) Cayman...
© Reuters The cryptocurrency market saw a significant uptick on Thursday, led by ‘s 2.32% rise to $4.32. Other notable gains were registered by , Polygon, , , , , and . was the only major cryptocurrency to register a dip during this surge. Shares of crypto-related companies also experienced a boost, with Coinbase (NASDAQ:)...
Two of these case makers guessed right, two did not. Between Apple no longer making leather products and the utter disappointment of the new FineWoven case, there’s more opportunity this year for third-party iPhone case makers than perhaps ever before. But for a lot of manufacturers, the new Action Button in the iPhone 15 Pro...
© Reuters. India’s third-largest online travel agency (OTA), Yatra Online, is preparing for its stock market launch on Thursday, September 28, 2023. This comes after the firm managed to raise Rs 775 crore from primary markets in a climate of challenging market conditions and waning IPO interest. The subscription rate for the firm’s initial public...
© Reuters. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., August 15, 2023. REUTERS/Brendan McDermid/File Photo By Carolina Mandl NEW YORK (Reuters) – Hedge funds increased their bearish bets mainly on U.S. stocks last week when the major stock indexes plunged, Goldman Sachs showed...
© Reuters. Investors are bracing for a challenging week ahead, given the recent retreat of the and indices, potential government shutdown, key economic data releases, and the resumption of student loan repayments. The S&P 500 and Nasdaq Composite indices have retreated 6% and 8.5% respectively since their peak in July, with the former marking its...
© Reuters. Investors are keenly watching the financial updates from influential companies such as Nike (NYSE:) and Micron Technology (NASDAQ:) this week, amid recent major market benchmark losses. Both companies hold significant influence in their respective sectors, and positive news could potentially trigger a market turnaround. Nike, the athletic footwear giant, has had a tough...
For any company, great talent is key for hitting goals and building scale successfully, but hiring the best people is by no means done cheaply or quickly. Startups have it doubly hard, though: in addition to finding great talent, they have to convince them to accept lower compensation — and sometimes more work — than they would...
© Reuters. UBS sees Chefs’ Warehouse (CHEF) as a market leader, starts at buy UBS initiated coverage of The Chefs’ Warehouse, Inc. (NASDAQ:) at Buy with a $37 price target in a note to clients on Monday. UBS analysts told investors that despite some near-term disruption for the stock, the company has an “attractive business model.”...