Month: April 2024

Copper Hits $10K

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🚨 🚨 Copper hit $10,000 a ton for the first time in two years as speculation builds that the world’s mines will struggle to meet a coming wave of demand from green industries

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HK May Be Back

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🇭🇰 🇭🇰 Benchmarks in Hong Kong are having their best week in years. Foreign fund purchases of Chinese stocks through a trading link hit a record 22.4 billion yuan ($3 billion) on Friday. UBS Group AG has turned overweight, while others say there’s growing interest in one of last year’s worst-performers

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AI Is The New Power

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🚨 🚨 AI Is The New Power: AI is likely to boost economic productivity over the next two decades, and supremacy can shape the future balance of commercial and military power. Harnessing AI effectively on the battlefield, for instance, offers nation-states a decisive advantage, whether through the coordination of complex surveillance operations or the use of autonomous weapons and drones

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Singapore Owes It To Micron

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🇸🇬 🇸🇬 The company that gives Singapore the largest footprint in the gen AI chip market is Micron Technology – one of the world’s top producers of memory chips that process and store data. Because of Micron, Singapore commands a 10 per cent share in the high-end global memory market, according to HSBC

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Ukraine: Let’s Get Real

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🇺🇦 🇺🇦 Let’s Get Real: Analysts question what “victory” Ukraine could realistically achieve against Russia — a country that has put its industries on a war footing and is able to mobilize hundreds of thousands more men to war. While additional aid allows Ukraine to keep on fighting Russian forces in the short stretch, a “victory” in the near-term is an unlikely prospect

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Alphabet’s Operating Income Quadruples

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🚨 🚨 Revenue in Google Cloud, which houses much of the company’s AI technology, jumped 28% from a year earlier to $9.57 billion, sailing past estimates. Operating income more than quadrupled to $900 million

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AI Is Here To Stay

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🚨 🚨 Goldman’s research forecasts that generative AI could raise global GDP by 7% (around $7 trillion) and lift productivity growth by 1.5 percentage points. However, it also estimates that AI could automate the equivalent of 300 million full-time jobs globally

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This Gaming Stock Has 41% Upside

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🇨🇳 🇨🇳 Goldman Sees A China Gaming Stock Surging 41%. Here’s Why: Goldman expects “China to see faster growth from mid 2024 supported by game launches and a loosening regulatory environment.”

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GMR Airports: 501% Return In 5 Years

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🇮🇳 🇮🇳 India’s GMR Airports Has Surged 501% Over The Last 5 Years

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USDJPY Trades Above ¥156

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🇯🇵 🇯🇵 BREAKING: USDJPY TRADES ABOVE ¥156 AFTER BOJ LEAVES RATES UNCHANGED

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