Siri Will Be AI-Based

🚨 🚨 Apple is planning to significantly upgrade Siri with new AI capabilities in iOS 18, expected to be announced at WWDC in June 2024. Apple is working on integrating large language models (LLMs), similar to the technology behind ChatGPT, to make Siri much smarter and more capable

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Crypto Is Creating A New Wealth Effect

🚨 🚨 Crypto wealth increased households’ consumption by about $30 billion in total over a decade, with every dollar of unrealized gains leading to about nine cents of spending. While that figure is almost double the marginal propensity to consume when it comes to stock-market returns, it’s about one-third that of income shocks such as lottery winnings. Despite all the flexing on social media, it wasn’t all blown on Lamborghinis and bling: Some went toward home purchases, boosting real estate markets where crypto is popular

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Foreign Funds Return To China Stocks

🇨🇳 🇨🇳 Foreign funds are returning to Chinese and Hong Kong stocks, though whether this is a tactical rebound or a more sustainable re-rating remains under debate. Bank of America Securities said the worst in terms of fund outflows has passed, while UBS Group AG strategists said earnings for mainland-listed stocks have likely bottomed in the first quarter

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Malaysians Listen Up

🇲🇾 🇲🇾 Malaysians: If you had invested 10K Ringgit in the S&P 500 ETF (SPY) on 23 Oct 2023, you would have made 3K USD As Of Friday, 3 April

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UBS Is Bullish On Nvidia

🚨 🚨 UBS Is Bullish On Nvidia: “We are taking our CY25 revenue/EPS estimates ~20% higher to ~$175B/~$41 (Street ~$136B/~$30), driven almost entirely by changes to our mix assumptions for Blackwell (BW) as it has become evident to us based on numerous inputs from the supply chain that composition/mix for BW is shaping up to be much richer than Hopper”

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Berkshire: The Dynamics Have Changed

🚨 🚨 Berkshire Hathaway Inc. is a gigantic conglomerate that owns a bunch of boring businesses outright and has big stakes in a few arguably less-boring ones. Subtract Buffett, and you have an event that we doubt many people will want to travel to Omaha for. The Dynamics have changed: Buffett confessed he knew nothing about Artificial Intelligence which has become the biggest thing since Microsoft took over ChatGPT

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Weather Derivatives Are Surging

☀️ 🌧️ Against a backdrop of rising climate volatility and social shifts, demand for weather derivatives is surging. Average trading volumes for listed products jumped more than 260% in 2023, according to the CME Group, with the number of outstanding contracts currently 48% higher than a year ago

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India: Do Not Miss The Bull Run

🇮🇳 🇮🇳 After ten years of >10% annualized total returns, India is now the fifth largest equity market in the world, with a market capitalization exceeding $4 trillion. Profit From A Portfolio Of Offshore India ETFs and make 20% per trade. Talk To Us Now

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Buffett: AI Scammimg Will Be A Big Industry

‼️ ‼️ Buffett: AI Scamming Will Be A Big Industry: “When you think about the potential for scamming people … if I was interested in investing in scamming, it’s gonna be the growth industry of all time and it’s enabled, in a way” by AI, Warren Buffett says

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