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Economy
Following the re-election of former President Donald Trump, U.S. financial markets have experienced significant movements. Stock futures surged, with the Dow Jones Industrial Average futures rising by approximately 1,300 points (3.1%), the S&P 500 futures increasing by 2.2%, and the Nasdaq 100 futures advancing
Robotics
On November 5, 2024, Amazon launched its Prime Air drone delivery service in the Phoenix metropolitan area, marking a significant expansion of its logistics capabilities. The service operates from Amazon's same-day delivery center in Tolleson, Arizona, and offers customers in the West Valley region the option to receive
Data Analytics
Palantir Technologies Inc. reported strong third-quarter 2024 earnings, driven by increased demand for its AI and data analytics platforms. The company achieved a 30% year-over-year revenue increase, reaching $725.5 million, surpassing analyst expectations of $703.4 million. This growth was fueled by significant gains in both government and commercial
Automotive
General Motors (GM) has ascended to the second position in U.S. electric vehicle (EV) sales, surpassing Ford in the third quarter of 2024. GM reported a record 32,095 EV deliveries during this period, marking a 60% increase from the same quarter last year and a 46% rise from
Finance
As the U.S. presidential election approaches, investors are closely monitoring its potential impact on the stock market. Historically, markets have experienced increased volatility during election periods due to policy uncertainties and anticipated shifts in economic direction. According to Kiplinger, "volatility typically spikes as we approach an election,"
Artificial Intelligence (AI)
Mark Zuckerberg's plan to build a nuclear-powered data center for Meta's AI operations has encountered an unexpected obstacle: environmental concerns over its potential impact on local bee populations. The proposed facility aims to utilize nuclear energy to meet the substantial power demands of advanced AI systems,
Assets
Goldman Sachs's $3,000-per-ounce gold forecast by 2025 aligns with a broader shift in investor sentiment and global economic factors. Lower U.S. interest rates reduce the appeal of yield-bearing assets, making gold more attractive as a stable store of value. Central banks, particularly in emerging markets, are
Robotics
Nvidia is advancing its AI technology for hospitals, envisioning a future where AI-powered robots seamlessly manage routine healthcare tasks. This initiative aligns with the broader adoption of “physical AI” in healthcare, where smart robots assist staff by handling logistical tasks like patient deliveries, supply distribution, and monitoring. Nvidia’s Clara
Economy
As the U.S. presidential election approaches, the Federal Reserve is expected to cut interest rates by a quarter percentage point at its meeting on Thursday, November 7, 2024. This decision follows a previous half-point reduction in September, aiming to support economic growth amid signs of a cooling labor market
Energy
Interest in nuclear fusion technology has surged, with tech leaders and venture capitalists increasingly investing in companies pioneering this potential clean energy breakthrough. Unlike nuclear fission, which splits atoms and produces significant radioactive waste, fusion creates energy by combining atomic nuclei, generating minimal waste and abundant energy. This shift is
Robotics
Boston Dynamics has showcased a major breakthrough in robotics with its advanced humanoid robot, Atlas, demonstrating new levels of autonomy in a simulated industrial setting. In a recently released video, Atlas is shown independently executing complex tasks, moving engine covers between containers and loading them onto a mobile dolly—all
Business Insights
TGI Fridays, one of America’s most recognized casual dining chains, has filed for Chapter 11 bankruptcy as of November 2, 2024. The filing highlights the company’s efforts to reorganize its finances following a challenging year, which included mounting debts and difficulties adapting to changing consumer preferences in the