Category: falling
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Inflation dips to 46-month low on falling food, energy costs
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Kenya’s consumer prices rose at the slowest rate in 46 months in July, mainly due to lower average food and energy prices, official data showed. Inflation – a measure of the increase in the cost of goods and services compared to the previous year – fell to 4.3 percent from…
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Intel’s Sales Slump Shows Price of Falling Behind in AI Race
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(Bloomberg) — Intel Corp. shares fell more than 19% after delivering a slew of dizzying news, including a bleak growth outlook and plans to cut 15,000 jobs, in the latest sign the chipmaker is ill-equipped to compete in the age of artificial intelligence. Most Read from Bloomberg The company said…
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Here’s a forecast for a 25bp RBA rate hike next week – citing inflation not falling
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ING Bank’s response to today’s inflation data from Australia: If you want a reason to keep rates unchanged at the August 6 meeting, today’s core numbers somewhat support the “let’s give the economy the benefit of the doubt” argument. The decision taken in August is certainly more balanced today than…
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AUD, NZD falling again | Forexlive
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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US asset prices are rising despite falling money supply By Investing.com
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Gavical Research experts highlighted the unusual trend of rising US asset prices despite the contraction of the money supply, which is a deviation from the typical correlation where excessive growth in the money supply leads to an increase in asset prices. While the traditional link showed signs of weakness, US…
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Why Is ETH Price Falling Despite SEC Approving All Spot Ethereum ETFs?
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Ethereum (ETH) price. It failed to achieve any significant rise after the approval of the Securities and Exchange Commission (SEC). Ethereum ETFs. This is undoubtedly surprising, given that the approval was expected to lead to a massive rise in the prices of the second largest cryptocurrency token. Why ETH price…
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Why Is ETH Price Falling Despite SEC Approving All Spot Ethereum ETFs?
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Ethereum (ETH) price. It failed to achieve any significant rise after the approval of the Securities and Exchange Commission (SEC). Ethereum ETFs. This is undoubtedly surprising, given that the approval was expected to lead to a massive rise in the prices of the second largest cryptocurrency token. Why ETH price…
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Elbit Systems conundrum: Rising orders, falling stock
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Defense budgets around the world are rising, and defense companies are benefiting from the growing demand for their products. Elbit Systems (TASE: ESLT, Nasdaq: ESLT) also continues to report large contracts. Its backlog of purchase orders reached a record $17.8 billion at the end of last year, and just this…
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Israel falling behind on AI, study finds
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A new study conducted by the Institute for Policy and Research Israel rises In collaboration with Google, an examination of Israel’s place in the global AI race reveals some troubling trends, including only a moderate rise in investment in generative AI compared to other countries, and an expected shortage of…