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Apple Reports Strong Earnings, China Blow Less Severe Than ExpectedDue to less severe than expected Chinese demand conce...
08/05/2024

Apple Reports Strong Earnings, China Blow Less Severe Than Expected

Due to less severe than expected Chinese demand concerns that had driven Apple's price lower for much of the previous six months, the company reported quarterly earnings on Thursday that were much beyond Wall Street's estimates.

Disney Reports All-Time High Theme Park and Hotel Investment of $540 MillionDisney has disclosed that it remodeled the f...
04/05/2024

Disney Reports All-Time High Theme Park and Hotel Investment of $540 Million

Disney has disclosed that it remodeled the flagship hotel at its resort in Paris and constructed a zone there based on the popular animated film Frozen, spending a record $543 million (€504 million) on these projects last year.

It is nearly twice as much as the peak amount spent building the Walt Disney Walt Disney 0.0% Studios park, which houses Frozen land. This is the largest annual expenditure made in Disneyland Paris since the park's elaborate iron gates opened in 1992.

How Financial Services Can Use Generative AI Beyond ExperimentationThe potential for generative AI to completely transfo...
04/05/2024

How Financial Services Can Use Generative AI Beyond Experimentation

The potential for generative AI to completely transform industries—including financial services—is one of the things that has people so excited. However, banks and insurance businesses have persisted in being labor-intensive and inefficient for many decades and in many different sectors. Moderate change has long seemed more desirable, given the expense and risk of radical change, the innate conservatism of these industries, and the protective role of regulations.

But this time, they might not have an option.

A New Chapter in Increasing Interest RatesEvery day, there is more proof that the United States is seeing a secular shif...
01/05/2024

A New Chapter in Increasing Interest Rates

Every day, there is more proof that the United States is seeing a secular shift in the direction of higher average interest rates. Investors, corporate executives, governments, and consumers have grown accustomed to historically low borrowing costs during the past fifteen years. During this time, the exceptionally cheap cost of money has driven asset values upward as the economy's players have become more and more indebted...

Computing Power That Will Revolutionize SocietyAlmost everything we do in the modern world is controlled by computing, w...
30/04/2024

Computing Power That Will Revolutionize Society

Almost everything we do in the modern world is controlled by computing, whether it be through our PCs or the smart devices we carry around. Computational power and related capabilities are important markers of technological progress, according to futurists. A direct consequence of the computational explosion of data will be felt in the core areas of healthcare, security, communications, transportation, and energy in society...

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