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Oct 27 2024BUSINESS

Tech Giants in the Spotlight as Profit Growth Slows

This week, the tech giants of the S&P 500 Index are gearing up to report their third-quarter earnings. Companies like Apple, Nvidia, Microsoft, Alphabet, and Amazon are facing a new reality: slower profit growth. While they are still projected to see an average increase of 19%, this is lower than pa

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Oct 26 2024TECHNOLOGY

AI Searches Stumble into Old Race Debates

You might think that searching for IQ scores of different countries would bring up a mix of results. But recently, AI-powered search engines from Google, Microsoft, and Perplexity have been throwing up some troubling findings. These searches have been dishing out deeply racist and long-debunked rese

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Oct 25 2024BUSINESS

Tesla's Surprise Performance: What Investors Need to Know

Tesla recently announced its third-quarter results, and the news was better than expected. The electric vehicle (EV) company not only beat financial expectations but also shared some exciting plans for the future. Investors were pleasantly surprised by the company's projections for FY 2025, which in

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Oct 24 2024FINANCE

Stock Market Movers: What’s Hot and What’s Not on Thursday?

Thursday, October 24, was a day full of surprises in the stock market. The S&P 500 was trying to bounce back from a losing streak, thanks to lower bond yields. This gave some relief to stocks, which had been suffering from rising yields despite the Federal Reserve's efforts to ease monetary policy.

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Oct 23 2024POLITICS

Polls Predict: How Voters Think Kamala Harris Will Win

Two political scientists, Debra Leiter and Michael Lewis-Beck, have been studying citizen forecasts for the 2024 presidential election. Instead of asking who voters plan to vote for, they ask who voters think will win. Four polls show that initially, more people expected Donald Trump to win over Joe

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Oct 23 2024TECHNOLOGY

Power Battle: A18 Pro vs. Snapdragon 8 Elite – Who Wins?

You might have heard that the Snapdragon 8 Elite is super fast, especially in multi-core tests. But did you know that in single-core performance, it's not the clear winner? The A18 Pro takes the lead here. In a Geekbench 6 test, the A18 Pro scored 3, 413 points with a power draw of 6. 6W, while the

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Oct 18 2024TECHNOLOGY

NVIDIA's New Open-Source AI Model: A Game Changer?

NVIDIA has just released a powerful open-source AI model called Llama-3. 1-Nemotron-70B-Instruct. This model is designed to make AI responses more accurate and helpful. It's based on Meta's Llama-3. 1-70B-Instruct Base and has been fine-tuned by NVIDIA. The model uses a special technique called Stee

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Oct 18 2024HEALTH

Pfizer's New Treatment for Hemophilia Gets FDA Approval

Pfizer Inc. has shared some exciting news! Their new medicine, HYMPAVZI (marstacimab-hncq), just got the green light from the U. S. Food and Drug Administration. This medication is designed to help people with hemophilia A and B prevent or reduce bleeding episodes. Hemophilia is a rare condition th

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Oct 18 2024BUSINESS

CVS Picks New CEO: David Joyner Takes the Helm

CVS Health has named David Joyner as its new CEO, filling the shoes of Karen Lynch who stepped down after an agreement with the board. Joyner, previously the vice president of CVS Health and president of CVS Caremark, will also join the board. The company believes Joyner's deep understanding of thei

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Oct 16 2024FINANCE

Morgan Stanley's 2024 Q3: A Look at the Numbers

Morgan Stanley, one of Wall Street's giants, just dropped some impressive numbers for the third quarter of 2024. CEO Ted Pick, while chatting on CNBC's Squawk Box at the World Economic Forum in Davos, Switzerland, shared the good news. The company's earnings and revenue both beat experts' prediction

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