Month: July 2022

Meta Creates New Tool Using AI

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🚨 🚨 #Meta, formerly known as Facebook, has developed a new #Artificial #Intelligence (AI)-based research concept that will let people use #text and simple #sketches to generate #digital #imagery
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Dollar Index: Do Not Be Fooled By This Drop

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🇺🇸 🇺🇸 #Dollar #Index Will #Resume Its #Climb This Week IF #Earnings #Falter
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Europe’s Immediate Future Now Depends On Russian Gas

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🇪🇺 🇪🇺 #Telegraph: IF #GAS #DELIVERIES FROM RUSSIA #DO #NOT BEGIN #FLOWING AGAIN, THE ECB MAY WELL HAVE A #RECESSION TO TACKLE AS WELL AS #SURGING #ITALIAN #DEBT COSTS AND #RECORD EUROZONE #INFLATION
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US Property: 60K Home Deals Fell Through In June

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🇺🇸 🏡 Roughly 60,000 home deals #fell #through in #June in the US, equal to 15% of homes that entered into contract
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Rolls Royce Dives Into Hydrogen Powered Engines

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🇬🇧 🇬🇧 #Rolls-#Royce to run engine tests with #hydrogen as pressure mounts to cut emissions – FT
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China Is Now Pariah As Money Managers Avoid It

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🇨🇳 🇨🇳 #China is now #pariah for global #investors: Money managers once enticed by China’s juicy yields and huge tech companies now say reasons to #avoid the #country outweigh incentives to buy
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China New Covid Cases Highest Since May

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🇨🇳 🇨🇳 #China #COVID #highest new case count since May reported on the weekend
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S&P Trailing PE Ratio Now Below The 5 and 10 Year Average

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🚨 🚨 #FactSet: The trailing 12-month P/E ratio for $SPX of 17.6 is below the 5-year average (23.0) and below the 10-year average (20.3)
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Goldman Sees 2Q GDP Plunging

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🇺🇸 🇺🇸 #Goldman Sachs: “The #economic #slowdown that we need is well #underway.” Expects Q2 GDP growth of 0.7%
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Burberry And Richemomt Take A Beating In China Sales

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🇨🇳 🇨🇳 #China #Luxury: #Burberry saw its sales in mainland China drop 35 percent in the last quarter alone. #Richemont, which owns Cartier and several other luxury brands, experienced a 37 percent cut over the same period
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