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Volkswagens problems with profitability
CONTINUE READING: Volkswagens problems with profitabilityVolkswagen experiences big problems all around the company, especially with profitability and what to do next. To face these issues the board of directors planned to lay off some employees. This would be the first…
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ING will increase fees for customers
CONTINUE READING: ING will increase fees for customersMany people thought that since the interest rate in Germany and Europe is high, the fees for bank accounts might be low. As it turns out, they are very wrong. ING will now tighten the…
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The Sam Bankman-Fried fraud – a desire to get rich whatever it takes
CONTINUE READING: The Sam Bankman-Fried fraud – a desire to get rich whatever it takes“All my savings are gone! All the money that I saved up over the past decades!” Something that none of us want to experience. A situation that feels so unreal that not many people believed…
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Trumps Truth Social back on the stock market
CONTINUE READING: Trumps Truth Social back on the stock marketThe stock of the social media company Truth Social that was found by Trump started trading again. And on its first day hit a major success. On Thursday the company found under Trump Media &…
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The success story of the Reddit stock
CONTINUE READING: The success story of the Reddit stockThe well known and established social media company Reddit wants to establish itself to investors and priced its I.P.O.. The I.P.O. is priced at $34 a share. In this offering the company raised $748 million.…
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How Google’s Gemini could power iPhone AI features
CONTINUE READING: How Google’s Gemini could power iPhone AI featuresApple is far behind in the AI business since the significantly developed field expanded very much over the last couple of months. But now the tech giant is in talks with Google. Apple plans to…
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Elon Musk sued OpenAI and Sam Altman
CONTINUE READING: Elon Musk sued OpenAI and Sam AltmanElon Musk, the person behind companies like SpaceX and Tesla, sued the company behind ChatGPT, OpenAI and its CEO, Sam Altman. He accuses the company to put profits and financials of the company in front…
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S&P 500 reached the 5000 mark
CONTINUE READING: S&P 500 reached the 5000 markThe S&P 500 index reached 5000 points, a record breaking number. This comes as investors put their money into Artificial Intelligence and other tech companies like Meta. Reasons for that are also the better-than-expected earnings…
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First Neuralink was implemented into a patient
CONTINUE READING: First Neuralink was implemented into a patientThe world famous Elon Musk, often criticized lately, said his company successfully implemented it’s first Neuralink into the brain of a patient. This is a significant step for his startup Neuralink Corp., which aims to…
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Recent regulations from the FTC
CONTINUE READING: Recent regulations from the FTCThe influence of big tech companies rises more and more over time. They have multi-billion dollar deals with AI development companies to get the latest and best technology possible. Now the Federal Trade Commission (FTC)…
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The impact of the economy on the 2024 elections
CONTINUE READING: The impact of the economy on the 2024 electionsAfter the election in 2020 and Biden being president, the economy did very poorly. When Trump was in charge though the markets were just fine. Many see that as Bidens’ fault but there is not…
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Oil prices skyrocket after attacks near Yemen
CONTINUE READING: Oil prices skyrocket after attacks near YemenEven after the US and other countries attacked the Houthi group in Yemen to make it possible to ship through the Red Sea again, new attacks occurred recently. This had massive impacts on the oil…
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The extraordinary effect of the AI development on tech stocks
CONTINUE READING: The extraordinary effect of the AI development on tech stocksTech companies experienced big gains in Q4 after a lot of tech firms integrated AI in their systems. Companies like Microsoft, Google or Intel reported a very bullish fourth quarter after the effect of AI…
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The future of weight loss drugs
CONTINUE READING: The future of weight loss drugsJust now the weight loss drug market did not develop that much. With the insurance not covering costs and unknown side effects there is still very much that needs to be researched and tested. Companies…
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The indices all time high
CONTINUE READING: The indices all time highAfter the last big rally in many indices in December, some stocks lost momentum for a while. The prices of many of these indices fell again due to some disruption from the “Magnificent Seven”, the…
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Microsoft sets pricing for premium Copilot
CONTINUE READING: Microsoft sets pricing for premium CopilotThe tech giant Microsoft increased their pricing of the premium Chatbot AI. It is now at $20 per user. The option is called Copilot Pro gives access to a number of additional capabilities. The company…
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Regulators approved new bitcoin ETF’s
CONTINUE READING: Regulators approved new bitcoin ETF’sThe Securities and Exchange Commission’s (SEC) approved 11 spot bitcoin ETF’s for trading in the US. This comes after massive gains of the crypto currency. This decision makes buying bitcoin a lot easier for mainstream…
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The Influence of the Red Sea attacks
CONTINUE READING: The Influence of the Red Sea attacksSince November 2023, ships passing through the Red Sea have had a major problem. Attacks by people from Yemen in the Red Sea. Because of these concerns, companies now have to decide whether they really…
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Mickey Mouse copyrights expired
CONTINUE READING: Mickey Mouse copyrights expiredOn 1 January, some classic characters will lose their copyrights in the US. One of these characters is Mickey Mouse. The copyrights on Mickey Mouse expire after 95 years, which is this year. Disney created…
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Uneasy negotiations between OpenAI and media industry
CONTINUE READING: Uneasy negotiations between OpenAI and media industryOpenAI, the company behind ChatGPT, and Microsoft are in talks with companies in the news industry. The copyrights of the data used by artificial intelligence and how to deal with fake news are the main…
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The New York Times sued OpenAI
CONTINUE READING: The New York Times sued OpenAIThere is a lot of controversy about the copyrights of AI and the information the Chatbots use. Now The New York Times sued the founder of Chat GPT (OpenAI) and Microsoft because of copyright issues…
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AbbVie’s Strategic Acquisition
CONTINUE READING: AbbVie’s Strategic AcquisitionAbbVie, a global biopharmaceutical company, has made a strategic move that is set to change the landscape of neuroscience. It has acquired Cerevel Therapeutics, a neuroscience company that has been making waves in the industry.…
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New McDonald’s Spinoff Restaurant called CosMc’s
CONTINUE READING: New McDonald’s Spinoff Restaurant called CosMc’sFast-food giant McDonald’s has announced an exciting new venture: the opening of its first spinoff restaurant in New York City called CosMc’s. This new restaurant will deviate from the traditional McDonald’s menu, focusing instead on…
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Walmart and its Economic Challenges
CONTINUE READING: Walmart and its Economic ChallengesIn a rapidly changing economic landscape, consumer resilience plays a pivotal role in determining the financial performance of retail giants like Walmart. Walmart CEO Doug McMillon recently expressed concerns about the resilience of consumers in…
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Multiple companies pulled out advertising from X
CONTINUE READING: Multiple companies pulled out advertising from XAfter multiple advertisers on X (established in 2023) saw their ads next to antisemitic and pro-Nazi posts, a lot of them decided to stop advertising on X (formally Twitter). These moves were supported by a…
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Charlie T. Munger dies at 99 years old
CONTINUE READING: Charlie T. Munger dies at 99 years oldThe friend of Warren Buffet died at 99 years old. Charlie Munger was one of the most influential people in the financial market. He mostly worked in the shadows of Warren Buffet while not being…
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The drama around Sam Altman
CONTINUE READING: The drama around Sam AltmanThe drama around Sam Altman began, when OpenAI fired the CEO but the board of directors had to call him back due to protests by its workers. The company was founded in 2015 by Sam…
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Founder of crypto trading platform Binance pledged guilty
CONTINUE READING: Founder of crypto trading platform Binance pledged guiltyChangpeng Zaho, founder of the crypto exchange platform Binance pledged guilty after accusations that he did not stop money laundering from his platform. These accusations came from the Justice department. The mistakes of Binance that…