INVESTMENT

Nov 02 2024BUSINESS

Google's AI Bet Pays Off Despite Legal Troubles

Google, part of Alphabet Inc. , is making big money, mostly thanks to its search engine. In the last three months of the year, Alphabet made $26. 3 billion, which is 34% more than last year. And their sales went up by 15% to $88. 27 billion. This growth is partly because Google is investing heavily

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Nov 02 2024BUSINESS

Big Money on AI: A Tech Bet?

Tech giants like Microsoft, Meta, Amazon, and Apple are splashing out billions on artificial intelligence (AI). It's not just about making more money; they're investing heavily in AI development. Meta, for example, plans to spend $40 billion on AI next year alone. Even Microsoft is cautious, warning

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Nov 01 2024FINANCE

Investing Based on U. S. Presidential Election Outcomes

The upcoming U. S. presidential election is generating interest in certain stocks that could perform well based on who wins. According to Strategas, former President Donald Trump and Vice President Kamala Harris have stark differences in their policies, particularly in areas like trade, foreign poli

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Nov 01 2024FINANCE

Investors Bet on Bitcoin and Gold Ahead of Election

Retail investors have been busy snapping up bitcoin and gold before the upcoming U. S. presidential election, expecting potential benefits if former President Trump wins. According to a report from JPMorgan, these investors are part of the "debasement trade, " where they buy these assets to hedge ag

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Oct 31 2024TECHNOLOGY

ChatGPT's New Search Feature: A Game Changer?

Imagine asking a chatbot for the latest sports scores, stock quotes, or news updates, and getting real-time answers. That's what OpenAI has just made possible with its new search feature in ChatGPT. This move puts OpenAI in direct competition with search giants like Google and Microsoft's Bing. The

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Oct 31 2024BUSINESS

Dropbox Trims Workforce, Shifts Focus

Dropbox, a well-known file-sharing service, has recently let go of more than 500 employees. This latest round of layoffs comes after a similar move just over a year ago. The company's CEO, Drew Houston, cited several reasons for the job cuts, including a decrease in demand and economic challenges. D

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Oct 31 2024BUSINESS

China Tells Car Makers to Pause EU Investments Over EV Tariffs

Chinese automakers are being advised to press the brakes on major investments in European countries that have backed new tariffs on Chinese electric vehicles (EVs). This decision comes as a response to the European Union's (EU) recent imposition of tariffs, which can reach up to 45. 3%, following a

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Oct 31 2024FINANCE

Bitcoin vs. Gold: Which Is the Better Investment?

Bitcoin is making waves, climbing towards $70, 000, while gold hit a record $2, 733 per ounce. Investors are flocking to these assets due to global uncertainty, like the Fed’s rate cuts and tensions in the Middle East. But which one is a better investment? Matthew Hougan, Chief Investment Officer at

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Oct 31 2024BUSINESS

Microsoft's Big Bet on OpenAI: A Profit Pinch This Quarter

Microsoft's CFO, Amy Hood, spilled the tea on the company's earnings call. The massive investment in OpenAI is expected to cut into profits this quarter, to the tune of $1. 5 billion. Why the big hit? OpenAI is losing money, and Microsoft is feeling the pinch. The company has poured in nearly $14 bi

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Oct 30 2024FINANCE

Invest Wisely, Not Politically

Hey there, future investors! As another U. S. election wraps up, you might be wondering how the results could shake up your investment portfolio. But hold on a second, let's not get too caught up in the political drama. Instead, let's talk about something that really matters – your income! Have you

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