JULY SARL/CAEN - CybAI news

19 Aug

As Tech Stocks Rebound, High Hedging Costs Indicate Skepticism

stp2y0 CommentsRAG modelsartificial intelligence, BCA RESEARCH INC, Earnings, environment, ETF, Interest Rates, JULY SARL/CAEN, Markets, NVIDIA CORP, S&P 500 INDEX, stocks, Technology

The recent rebound in US tech stocks isn’t convincing options traders just yet. While the shares have led market gains since a meltdown earlier this month, the cost of contracts hedging against volatility in the largest exchange-traded fund tracking the Nasdaq 100 Index remains high relative to contracts on the SPDR S&P 500 ETF Trust. Source link lol

18 Aug

Political Turmoil Threatens Baht Resurgence as Traders Await BOT

stp2y0 CommentsRAG modelsCREDIT AGRICOLE SA, Currency, Emerging Markets, Interest Rates, JULY SARL/CAEN, policy, Technology, Thai Baht Spot, Thailand, Tourism, US Dollar Spot

The Thai baht’s recent rally is under threat as markets digest the nation’s latest political drama ahead of this week’s central bank policy meeting.The baht has been one of the region’s top performing currencies since the start of July - aided partly by a reboundBloomberg Terminal in tourism - after hitting a near two-year low against the dollar in May. The resurgence may be derailed however, following a tumultuous period that included Paetongtarn Shinawatra winning a parliamentary vote to become the new prime minister, while a court ousted her predecessor. Source link lol

17 Aug

Real Estate Agent Commissions Are Changing. Here’s How It’ll Work

stp2y0 CommentsRAG modelsGovernment, Indiana, Indianapolis, Jake Johnson, JULY SARL/CAEN, Missouri, New Jersey, Real Estate, REDFIN CORP, regulation, Technology

Real estate agents and US housing experts have had the date circled on their calendars for months: Aug. 17, when the terms of a class-action settlement over industry compensation practices will take effect.The changes laid out in the agreement are technical, revolving around paperwork consumers complete at the beginning of the buying or selling process, and they add new wrinkles to an already complicated undertaking. Agents currently command a 5% or 6% fee that gets divvied up between both sides, but the rules are poised to shift power away from them, and drive down commissions over time. Source link lol

16 Aug

Big Tech Wipeout Turns to Dip-Buyer Bounty as Stocks Surge Back

stp2y0 CommentsRAG modelsAPPLE INC, artificial intelligence, environment, Federal Reserve, GOLDMAN SACHS GROUP INC, JULY SARL/CAEN, Markets, NVIDIA CORP, SEVEN, stocks, Technology, Valuation

It looked like a reckoning was arriving on August 5, when the Nasdaq 100 tumbled over 5% in the seconds after the opening bell, validating fears that a tech bubble was about to burst. Barely just two weeks and a few rounds of reassuring data later, virtually all those worries are being swiftly swept aside. Source link lol

15 Aug

Meta’s Threads Launches New Tools for Businesses and Creators

stp2y0 CommentsRAG modelsConsumer Staples, Elon Reeve Musk, europe, France, JULY SARL/CAEN, META PLATFORMS INC-CLASS A, retail, Social Network, Technology, TWITTER INC, United States

Meta Platforms Inc.’s Threads is rolling out new features it says will make the social network more useful for businesses and digital creators. Threads users can now view data that provide insights into post metrics and follower demographics, and can write multiple drafts of posts, Meta said in a blog post Thursday. Another feature enabling users to schedule multiple posts days in advance is coming soon. The updates are being added to Threads’ web platform first and will eventually roll out on the mobile app. Source link lol

15 Aug

Meta Shuts Down CrowdTangle, Tool Used for Tracking Online Misinformation

stp2y0 CommentsRAG modelsChris Coons, Coronavirus, Delaware, Executives, JULY SARL/CAEN, Mark Elliot Zuckerberg, META PLATFORMS INC-CLASS A, michigan, social media, Technology, U.S. Republicans

Meta Platforms Inc. on Wednesday shuttered CrowdTangle, a popular social media analysis tool that journalists, civic groups and researchers used to monitor trending posts on platforms like Facebook and Instagram in real time.The timing of the tool’s shutdown, months ahead of a major US presidential election, has drawn concern from groups that relied on CrowdTangle to track the flow of information on social media, including viral falsehoods that have led to real-world harm. Using CrowdTangle, journalists and researchers could show how many users engaged with a piece of content, which groups supercharged the spread of a post and just how…

14 Aug

IPhone Maker Hon Hai Beats Profit Estimates Thanks to AI Boom

stp2y0 CommentsRAG modelsAPPLE INC, artificial intelligence, china, HON HAI PRECISION INDUSTRY, iphone, JULY SARL/CAEN, Logistics, NVIDIA CORP, smartphone, TAIWAN SEMICONDUCTOR MANUFAC, Technology

Apple Inc.’s main manufacturing partner Hon Hai Precision Industry Co. said it expects revenue to grow in the current quarter and for the rest of year, after reporting a profit rise boosted by demand for servers powering AI applications.The iPhone producer, also known as Foxconn, said on Wednesday that net income in the June quarter was NT$35 billion ($1.1 billion), largely in line with analyst expectations. Hon Hai’s revenue for the period, released earlier, surpassed estimates and came in at NT$1.55 trillion, up 19%. This was helped in large part by its growing business of supplying data center operators with…

14 Aug

Tencent’s Buyback Plan in Focus as Chinese Tech Rivals Catch Up

stp2y0 CommentsRAG modelsALIBABA GROUP HOLDING-SP ADR, Earnings, finance, GOLDMAN SACHS GROUP INC, Hong Kong, JULY SARL/CAEN, Markets, MEITUAN-CLASS B, Ronald Yan, Technology, TENCENT HOLDINGS LTD

Investors will scrutinize any comments from Tencent Holdings Ltd. about its buyback plans during Wednesday’s quarterly results announcement as its competitors catch up with its spending levels.Tencent has forked out almost $8 billion this year to repurchase its Hong Kong-listed shares, more than any other company on the exchange, according to data compiled by Bloomberg. The firm is widely expected to keep spending as its total outlay this year is only about 60% of the $12.8 billion it projected for the whole of 2024. Source link lol

13 Aug

Nvidia Rebound Adds $400 Billion in Market Value Over Four Days

stp2y0 CommentsRAG modelsAMAZON.COM INC, artificial intelligence, Earnings, Hedge Funds, JULY SARL/CAEN, Markets, MICROSOFT CORP, NVIDIA CORP, retail, S&P 500 INDEX, Technology, Valuation

It’s been a rough six weeks for Nvidia Corp. shareholders. A historic dip that erased record market value from the company was followed by a four-day stretch of stomach-churning volatility. Now, though, signs are emerging the worst might be over.The chipmaker’s shares have surged nearly 17% in the past four sessions, adding more than $400 billion in market value to one of the biggest companies in the world. The rebound has propelled the broader market higher as well, with Nvidia accounting for about 22% of the S&P 500’s gain over that span, double the contribution of any other single stock.…

13 Aug

Turkish Satellite Firm Eyes $400 Million Valuation in Funding Debut

stp2y0 CommentsRAG modelsElon Reeve Musk, finance, Internet of things, Istanbul, JULY SARL/CAEN, KONTROLMATIK ENERJI VE MUHEN, Markets, Sami Aslanhan, Technology, turkey, Valuation

Plan-S, the satellite and space technology unit of Turkey’s Kontrolmatik Enerji Ve Muhendislik AS, is launching an equity funding round that would value the company at $400 million.The single-asset fund, offered by the investment arm of state-run Ziraat Bank, aims to raise as much as $40 million from institutional and individual investors in Turkey and abroad for Ankara-based Plan-S, Kontrolmatik Chairman Sami Aslanhan told Bloomberg in Istanbul on Monday. Source link lol