This record-breaking market just keeps going higher and higher. Here’s why

This record-breaking market just keeps going higher and higher. Here’s why

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., January 19, 2024.  Brendan Mcdermid | Reuters What instead has taken center stage is an economy performing remarkably well, inflation pulling back and a run of positive developments in Big Tech that has outweighed any what-ifs that the … Read more

India goes big too woo investors at World Economic Forum

India goes big too woo investors at World Economic Forum

India’s position on the global value chain is shifting due to government incentives and a digitally savvy economy Getty Premiums DAVOS, Switzerland — Along the Davos Promenade, attendees of the World Economic Forum stumble across the WeLead Lounge, a repurposed storefront showcasing India’s female leadership and talent. There’s also the India Engagement Center, a space … Read more

AI’s future could be ‘open-source’ or closed. Tech giants are divided as they lobby regulators

AI’s future could be ‘open-source’ or closed. Tech giants are divided as they lobby regulators

Tech leaders have been vocal proponents of the need to regulate artificial intelligence, but they’re also lobbying hard to make sure the new rules work in their favor. That’s not to say they all want the same thing. Facebook parent Meta and IBM on Tuesday launched a new group called the AI Alliance that’s advocating … Read more

Cryptocurrency Market is estimated to be US$ 2431.77

Cryptocurrency Market is estimated to be US$ 2431.77

Covina, Oct. 04, 2023 (GLOBE NEWSWIRE) — According to Research Report “Cryptocurrency Market size accounted for US$ 817.56 million in 2020 and is estimated to be US$ 2431.77 million by 2030 and is anticipated to register a CAGR of 11.5%” Report Overview: Cryptocurrency is a digital or virtual form of currency that uses cryptography for … Read more

Markets can’t catch a break from rate fears

Markets can’t catch a break from rate fears

People walk past an apple store in Wangfujing with iPhone 13 series advertisement on a big screen. Sheldon Cooper | LightRocket | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they … Read more

Nvidia A.I.-driven rally pushed earnings multiple higher than Tesla

Nvidia A.I.-driven rally pushed earnings multiple higher than Tesla

Nvidia’s surge past $1 trillion market cap puts it alongside household names Amazon, Apple, Microsoft and Alphabet. Baked into the stock price is a slew of assumptions about growth, including quadrupling net income this year. Nvidia’s graphics chips have proven to be the best for training AI models, and the company’s forecasts show insatiable demand. … Read more