Bezos, Nvidia To Fund Humanoid Robots

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🧠 🧠 Jeff Bezos, Nvidia Corp. and other big technology names are investing in a business that’s developing human-like robots, part of a scramble to find new applications for artificial intelligence
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Berkshire: Cash Pile To Swell

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🇺🇸 🇺🇸 Berkshire’s cash pile swelled to a record $157.2 billion at the end of September. Investors expect the war chest grew even larger by the end of 2023
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Markets End Week In Euphoria

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🇺🇸 🇺🇸 Dow rises to close at fresh record, S&P 500 hits all-time high
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Mag 7 Are Now Up 1,700%

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🚨 🚨 The Magnificent 7 are now up ~1,700% since 2015 compared to the S&P 500’s ~140% gain. Even the Nasdaq Composite Index, the largest tech index in the world, is up just ~230% since 2015. Meanwhile, the S&P 500 equal-weight index is up ~90% since 2015
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Anwar: Ringgit’s Slide Concerning

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🇲🇾 🇲🇾 Malaysian Prime Minister Anwar Ibrahim said the ringgit’s slide this week to its lowest level since the Asian financial crisis is “concerning” and that the authorities are watching the currency’s fluctuations
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Singapore’s Inflation Drops

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🇸🇬 🇸🇬 Singapore’s core inflation, which excludes private transport and accommodation costs to better reflect the expenses of households here, came in at 3.1 per cent year on year in January, lower than the 3.6 per cent forecast in a Reuters’ poll of economists
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Equinix To Invest $390M In Africa

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🚨 🚨 Equinix plans to invest $390M in Africa to set up data centers
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Goldman Sees First Rate Cut In June

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🇺🇸 🇺🇸 Goldman Sachs Group Inc. economists have pushed back their view on when the Federal Reserve will begin cutting interest rates to June after parsing recent comments from the central bank and minutes of its January meeting
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