Google’s AI Model Uses Five Times More Text Data

🚨 🚨 Google’s newest A.I. model uses nearly five times more text data for training than its predecessor
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Traders Are Shorting GBPUSD

🇬🇧 🇬🇧 FX: Traders Are Shorting GBPUSD
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Global ETFs Attract More Than $50B

‼️ ‼️ Global exchange traded funds cumulatively were able to attract more than $50B during the month of April
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BofA: Oversold Is An Understatement

🚨 🚨 Bank of America’s cash position is enough to survive a full $376 billion worth of withdrawals
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Ray Dalio Adds To Grab Holdings

🚨 🚨 Bridgewater Associates, the hedge fund giant founded by Ray Dalio nearly 50 years ago, added new stakes in First Horizon (NYSE:FHN) (480K shares), Grab Holdings (NASDAQ:GRAB) (1.36M shares), Genworth Financial, Inc. (NYSE:GNW) (609K shares), and BGC Partners, Inc. (NASDAQ:BGCP) (618K shares) during the first quarter of 2023
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Google Is Cheap

🚨 🚨 Google only trades at 18.9x consensus EPS estimates. Considering that the target growth rates are above 15% for years ahead due to the efficiency gains, Google is very cheap at these levels
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Zoom Invests In Anthropic

🚨 🚨 BREAKING: Zoom Video Communications said on Tuesday that it was investing in artificial intelligence startup Anthropic to boost its AI offerings into its platform
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Malaysia: The Problem Is Food Price Inflation

🇲🇾 🇲🇾 Malaysia may raise its key interest rate yet again should the heatwave gripping Asia worsen the nation’s already elevated food price pressures
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SIA Posts Record Annual Profit

🇸🇬 🇸🇬 SIA Group posts record annual profit of S$2.16 billion after three years of losses
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Freight: North American Demand Drops To Lowest

🛳️ ✈️ Total freight spending in North America fell for a fifth straight month in April from a month earlier to the lowest since September 2021
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