You Cannot Ignore Generative AI

🧠 🧠 According to a report by Goldman Sachs Research, the use of generative AI could drive a 7% increase in global GDP, amounting to almost $7 trillion, and lift productivity growth by 1.5 percentage points over a 10-year period
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Indigo Beats AirAsia Hands Down

🇮🇳 🇮🇳 Interglobe Aviation, the operator of IndiGo, makes more money than AirAsia due to its market leadership and low-cost structure. IndiGo has a domestic market share of over 55%, twice that of AirAsia, making it the largest airline in India
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KPMG Pay Freeze

🇬🇧 🇬🇧 KPMG extends pay freeze to 12,000 UK staff
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OPEC No Longer Effective?

🛢️ 🛢️ OPEC No Longer Effective? 211,000 Brent Crude Oil put options traded on Wednesday, the highest amount in history
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Stocks: Retail Investors Are Buying

🇺🇸 🇺🇸 Retail is loading up on stocks, according to JP Morgan
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Indigo Is Not An Airline

🇮🇳 🇮🇳 “Indigo is not an airline. It sells sandwiches”
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Buffett Power

🇺🇸 🇺🇸 If you invested $1,000 with Warren Buffett in 1965, it would have grown to $4.3 million by 2010
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Attention India Investors

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UBS: Watch 4.55% Bond Yield

🇺🇸 🇺🇸 UBS/Art Cashin: If the yield on the 10-year Treasury note begins to move above 4.55%, Cashin says that could put “mild pressure” on the equity markets. The benchmark 10-year yield was last 6 basis points higher at 4.482%
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Traditional TV Is In Trouble

🏈 🏈 Traditional TV is in trouble: The Miami Dolphins and the New York Jets face off in the National Football League’s first ever Black Friday game this week — but it’s not going to be the usual broadcast or cable offering. The game will stream exclusively on Amazon’s Prime Video

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