I'm not a professional investor, quite the opposite. My goal in joining in and starting to play around with stocks and charts is exactly that - the study of the financial market. Because in the end it's all about money. It looks like $Meta Platforms, Inc.(META)$ is fully convinced that the virtual future is all about AI. I'm not exactly sure that they're too interested in human interaction besides collecting clicks and views. They're basically improving their Ads revenue gathering platform using the AI as a bait IMHO. Re the OpenAI it seems like they're expanding their products into social media and Instagram territory. The ability of the platform to generate and share great deep fakes is essentially an expansion into the quazy realistic univer
It looks like that AI boom will require and consume even more resources each year. Which also will eventually put a significant strain on the energy sector. Funny thing we pushed for the EVs pretty hard to optimize the energy use. Now without the significant bump in the energy sector we will be limiting the AI and required technology advance. A truly vicious cycle.
Weekly Winners | Western Digital Soars 23%; Coinbase, Fair Isaac Rocket About 22%; Micron Pops 19%; Biogen, Moderna Advance over 16%
*The Brutal Reality of the European vulnerability.* The EU gathered in an extraordinary round of meetings this week to address what is essentially every policymaker's nightmare: Iran tightening control over the Strait of Hormuz. This is the narrow choke point through which a massive chunk of the international oil supply flows. The Strait of Hormuz isn't just a regional issue. It carries roughly a fifth of global oil supply, which makes it less of a "just another Middle Eastern conflict" and more of a global pressure valve. When that artery gets squeezed, Europe doesn't just get nervous, it starts checking the thermostat and the inflation charts at the same time. After that meeting (and as it was expected) the EU (once again) finds itself in its classic position: economically vulnerab
The movie is great. Although, some women say that there's 'not enough Brad Pitt for them':) Apple jumping into F1 feels huge. The sport's global pull is real. Netflix already showed that. If the movie lands, it could be a big moment for Apple's film push. And yeah, the street race vibe is still a dream to me as I'm not in Singapore:)
A bit worrying watching $Gemini Space Station, Inc.(GEMI)$ unable to take off, despite their massive backing and the overall hype around the IPO launch.
Will it ever stop? I don't think so, because we will need more of it very soon. And because it's so difficult to mine (generate) using current algorithms, wait until they'll get an upgrade. It'll push the Bitcoin prices even further.