Category: surprised
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US Economy Surprised Again in 2024 Despite Fed, Election Drama
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Breadcrumb links BMN Business Over the past few years, the US economy has consistently defied expectations of a slowdown, and 2024 is no different. Article writer: Bloomberg News Augusta Saraiva Posted on December 29, 2024 • 3 minutes read You can save this article by registering for free here. Or…
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Don’t Be Surprised If Dogecoin Hits $1 Or $2 ‘In A Hurry’: Analyst
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This article is also available in Spanish. Cryptocurrency analyst Cantonese Cat (@cantonmeow) suggests a scenario in which Dogecoin could reach $1 or even $2 relatively quickly. Posting on Why Dogecoin is more bullish than last cycle In a recent YouTube video, Cantonese Cat provided an in-depth technical analysis, comparing Dogecoin’s…
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Don’t Be Surprised If Dogecoin Hits $1 Or $2 ‘In A Hurry’: Analyst
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This article is also available in Spanish. Cryptocurrency analyst Cantonese Cat (@cantonmeow) suggests a scenario in which Dogecoin could reach $1 or even $2 relatively quickly. Posting on Why Dogecoin is more bullish than last cycle In a recent YouTube video, Cantonese Cat provided an in-depth technical analysis, comparing Dogecoin’s…
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Silicon Valley billionaire warns ‘absolutely there’s a bubble’ in AI valuations: ‘Nobody would be surprised’ if OpenAI ‘disappeared next Monday’
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Everywhere Tom Siebel, CEO of C3.ai, goes, he asks the same question about the future of artificial intelligence. “Everyone asks me: ‘Is there a bubble here?’ There is definitely a bubble. “It’s huge,” he says. luck In an exclusive interview at C3.ai’s New York offices at Midtown WeWork. Over the…
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Silicon Valley billionaire warns ‘absolutely there’s a bubble’ in AI valuations: ‘Nobody would be surprised’ if OpenAI ‘disappeared next Monday’
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Everywhere Tom Siebel, CEO of C3.ai, goes, he asks the same question about the future of artificial intelligence. “Everyone asks me: ‘Is there a bubble here?’ There is definitely a bubble. “It’s huge,” he says. luck In an exclusive interview at C3.ai’s New York offices at Midtown WeWork. Over the…
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RBNZ Surprised With A 25bps Rate Cut As A “Reasonable First Step” Amidst Cooler Inflation And Slower Growth
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The New Zealand Dollar fell sharply earlier today, and no, it’s not because your trading platform suffered from a “Massive DDoS attack.“ A few hours ago, the Reserve Bank of New Zealand surprised the markets with Official interest rate cut by 25 basis points to 5.25% While many market participants…
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Kiwi Strengthened as New Zealand Quarterly Jobs Report Surprised to the Upside
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New Zealand reported a 0.4% quarter-on-quarter increase in employment for the second quarter of 2024, confounding expectations for a 0.2% decline. The country’s unemployment rate also came in better than expected at 4.6%, slightly below the consensus of 4.7%. Wage growth also beat estimates, with the labor cost index showing…
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SNB Surprised Markets with Another 0.25% Rate Cut in June Decision
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Contrary to consensus expectations of no policy change, the Swiss National Bank (SNB) delivered another surprise interest rate cut of 25 basis points in this week’s announcement. This follows a 0.25% interest rate cut in March, which was also mostly unexpected. In its June statement, the Swiss National Bank also…
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U.S. ISM Manufacturing PMI Surprised With a Deeper Contraction in May
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The latest round of US manufacturing PMI releases showed a mixed picture, with S&P Global revising its preliminary readings higher while the closely watched ISM PMI showed a deeper contraction than markets expected: S&P Global’s final manufacturing PMI jumped from 50.0 to 51.3 in May (vs. initial 50.9 reading) ISM…