Category: Report
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Ilya Sutskever raises $1b for AI co SSI – report
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Safe Superintelligence (SSI), a new startup from OpenAI founder and former chief scientist Ilya Sutskever, has raised $1 billion to develop safe artificial general intelligence systems, company executives told Reuters. Sutskever said in June that SSI would open offices in the United States and Israel, but he has not disclosed…
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Asia markets in red, investors access South Korea’s inflation data; eyes on US jobs report
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never Asia-Pacific stock markets were mostly in the red on Tuesday, driven by investor reactions to the latest inflation data from South Korea. Traders are now awaiting U.S. payrolls data, due on Friday, along with local data from China, including a fresh set of purchasing managers’ indices. The figures are…
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Dollar dips ahead of the key jobs report By Investing.com
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The US dollar fell modestly but remained close to its highest levels in about two weeks, as investors’ attention turned to the upcoming US jobs report at the end of the week. At 18:40 ET (22:40 GMT), the pound was down 0.1% at 101.64. The pound was little changed at…
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Forexlive Americas FX news wrap: US dollar strengthens despite slightly cooler PCE report
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Markets: Gold falls $19 to $2,501 West Texas Intermediate crude oil fell $2.47 to $73.44 a barrel. US 10-year Treasury yields rise 4.3 basis points to 3.81% S&P 500 rises 0.6% The US dollar advances, the yen lags. It was hard to relate fundamentals to market movements today, as is…
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Forexlive Americas FX news wrap: US dollar strengthens despite slightly cooler PCE report
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Markets: Gold falls $19 to $2,501 West Texas Intermediate crude oil fell $2.47 to $73.44 a barrel. US 10-year Treasury yields rise 4.3 basis points to 3.81% S&P 500 rises 0.6% The US dollar advances, the yen lags. It was hard to relate fundamentals to market movements today, as is…
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Senator Rick Scott questions Intel CEO on job cut despite $20B grants – report
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hapapapa Republican Senator Rick Scott asked Intel (NASDAQ:INTCApple Inc. plans to cut more than 15,000 jobs despite a planned $20 billion in federal funding, Reuters reported, citing a letter to Gelsinger. The funding from the U.S. Department of Commerce aims to boost the semiconductor manufacturing sector. He expressed concerns about…
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Nvidia shares could see $300B swing following Q2 earnings report: UBS
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Justin Sullivan Nvidia stock (NASDAQ: NVDAApple Inc.’s stock could swing around 10% after the chipmaker reports second-quarter results, UBS said Wednesday, as investors prepare to see if the company can beat expectations for second-quarter earnings and revenue. Current Options Prices showed that traders were expecting a move after the report…
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Ceylon Graphite Provides Default Status Report
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Article Content VANCOUVER, British Columbia, Aug. 27, 2024 (GLOBE NEWSWIRE) — Ceylon Graphite Corp. (“Celon” or the “Company”) (TSX: CYL) (OTX: CYLYF) (Virginia Stock Exchange: CCY) is filing this Default Status Report in accordance with National Policy 12-203 – Administrative Stop Trading Orders (“NB 12-203On July 30, 2024, the Company…
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Russia nears crypto exchange trials to bypass sanctions: report
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Russia is reportedly set to begin experiments on cryptocurrency exchanges and token transactions for cross-border payments to mitigate the impact of international sanctions. Russia appears to be days away from starting trials of cryptocurrency exchanges and token transactions for cross-border transactions in an attempt to bypass the challenges it faces…
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Report From The DNC: Democrats Warm Up To Bitcoin And Crypto, But Offer No Policy Specifics
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Bitcoin wasn’t a big topic at this week’s Democratic National Convention. Not a single speaker at the event uttered a word about the cash system or other crypto assets from the main stage at the United Center in Chicago. It was hard to hear a conversation about bitcoin or cryptocurrencies…
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‘Big Crypto’ dominates US election spending and exploits consumers, report finds
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Crypto companies have become the dominant force in federal election spending, spending more than $119 million to influence the outcome of the U.S. election. According to a report by According to the nonprofit Public Citizen, nearly half of all corporate money contributed to the US election this year came from…
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Citi added new section on reorganization in quarterly report following US SEC query By Reuters
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(Reuters) – Citigroup Inc added a new section on its multi-year reorganization to its quarterly report to the U.S. Securities and Exchange Commission in August following inquiries from the markets regulator. In its letter to Citi, sent in June and unsealed on Wednesday, the SEC asked the bank to review…
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Waiting on non-farm payrolls benchmark revisions but a separate report sheds some light
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The U.S. Bureau of Labor Statistics was scheduled to release benchmark revisions to nonfarm payrolls at 10 a.m. ET here: https://www.bls.gov/web/empsit/cesprelbmk.htm This has not been updated but we are monitoring it closely. It is rare for a release schedule to be disrupted, so it is not clear what is happening.…
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2024 US Election Could See Major Impact From Pro-Crypto Young Voters: Report
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For young people in particular, cryptocurrencies have become a hot topic in the 2024 US elections. According to a recent study, today’s Gen Z and millennials account for 40% of the vote, due to their frustration with the traditional financial system and their search for candidates to boost their interest…
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2024 US Election Could See Major Impact From Pro-Crypto Young Voters: Report
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For young people in particular, cryptocurrencies have become a hot topic in the 2024 US elections. According to a recent study, today’s Gen Z and millennials account for 40% of the vote, due to their frustration with the traditional financial system and their search for candidates to boost their interest…
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Super-angel billionaire Ron Conway blindsided by crypto allies: report
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Billionaire investor Ron Conway reportedly cut ties With a super cryptocurrency commission called Versic After the group said it would support the Republican candidate against Senator Sherwood Brown (D-Ohio), according to Politico a report. Brown is the longtime chairman of the Senate Banking Committee and has raised concerns about Cryptocurrency…
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Republican impeachment report accuses Joe Biden of corruption; lacks criminal allegations
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House Republicans have released their initial proposals. Achieving isolation Report to the President Joe BidenAlleging abuse of power and obstruction of justice in his son’s financial dealings. Hunter Biden And family members. The nearly year-long Republican investigation stopped short of accusing the president of any criminal wrongdoing. Instead, the 300-page…
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Over half of Fortune 500 companies consider AI a potential risk factor: report (NYSE:DIS)
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According to a survey of annual financial reports by research platform Arize AI, more than half of Fortune 500 companies cited AI as a potential risk factor to their business. 56% of the largest companies in the United States view artificial intelligence as a potential risk, a big jump from…
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Foxconn chief defends hiring practices after report married women rejected in India By Reuters
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Written by Praveen Paramasivam SRIPERUMBUDUR, India (Reuters) – Foxconn’s chairman defended its hiring practices on Saturday after New Delhi ordered an investigation following a Reuters report that the Apple supplier was rejecting married women from iPhone assembly jobs. “Foxconn hires regardless of gender, but women make up a large part…