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Investing with AI: Top AI-Powered ETFs in June 2024 2024 has seen significant advancements in artificial intelligence, with major players like OpenAI and Anthropic being joined by tech giants such as Microsoft (MSFT), Snowflake (SNOW), and Meta (META) in launching new AI products. This surge in AI innovation offers investors two primary avenues to capitalize…
Record-Breaking Stock Performance Apple’s stock soared by 6% to an all-time high of $205 on June 11, 2024, following the unveiling of new artificial intelligence (AI) features at its annual developer conference. This surge came after the introduction of Apple Intelligence, a platform developed in partnership with OpenAI, which integrates advanced AI capabilities into Apple’s…
This is What Traders Should Do as Nvidia Surpasses Apple In a seismic shift in the tech landscape, Nvidia has surpassed Apple to become the world’s second most valuable company, marking a pivotal moment for traders. The AI chipmaker’s valuation breached the $3 trillion mark, fueled by an insatiable demand for its processors, which power…
Tesla’s defense of Elon Musk’s $56 billion pay package, amid ISS’s recommendation to reject it, has several implications for forex traders. Here’s what traders should anticipate and prepare for: Market Sentiment and Volatility Implications for the US Dollar (USD) Investor Confidence and Risk Appetite Strategic Considerations for Forex Traders Conclusion Forex traders should prepare for…
Microsoft is nearing a multimillion-euro agreement with the Amazon-backed Cloud Infrastructure Services Providers in Europe (CISPE) to drop an antitrust complaint lodged with the European Commission. The complaint, filed in late 2022, centred around Microsoft’s cloud-licensing practices, which CISPE claimed were detrimental to Europe’s cloud-computing sector. If the settlement proceeds, it would involve payments to…
Tip On How To Approach Salesforce’s stock plunge Following its first-quarter results, Salesforce’s stock plunge has sparked significant discussion among investors and analysts. The company’s reported revenue miss, a rarity in nearly two decades, along with a downward revision of its subscription and support revenue forecast, has understandably created concern. However, according to Angelo Zino,…
Navigating Currency Trading in Malaysia Insights from Apple’s Expansion Malaysia’s economic landscape is poised for a significant boost with Apple Inc.’s announcement of its first retail store in Kuala Lumpur, set to open on June 22, 2024. This expansion is part of Apple’s broader strategy to enhance its presence in Southeast Asia, particularly to diversify…