Rising yields make UK government bonds popular with new investors, but potential rate cuts are a concern.
From Morningstar: Gilts in the UK have become popular with rising yields. Accessing and buying government bonds is easier than
Category: Business
Reddit is set to IPO next week with a $6.4 billion target valuation.
From Morningstar: Reddit is set to debut on the New York Stock Exchange next week, testing the IPO market after
Petco CEO Ron Coughlin steps down, interim CEO appointed
From CNBC: Petco CEO Ron Coughlin steps down, interim CEO appointed. Ron Coughlin will serve as an advisor as Best
Elon Musk sued OpenAI, accusing of breach of contract and unfair business practices.
From Mint: 1. OpenAI CEO Sam Altman reacts to Elon Musk’s lawsuit against the AI startup, saying he texted Musk
OpenAI's Sora AI video generator to be available soon, with lifelike video and audio capabilities.
From The Indian Express.: OpenAI unveils its text-to-video AI model, Sora, set to be available to the public later this
OpenAI partners with Le Monde and Prisa Media to utilize ChatGPT for news
From France 24: OpenAI has partnered with Le Monde and Prisa Media to develop news-related uses of its ChatGPT artificial
OpenAI partners with French and Spanish media to improve ChatGPT language capabilities
From MobileSyrup: OpenAI is enhancing ChatGPT’s language capabilities with French and Spanish news content from partnerships with Le Monde and
OpenAI introduces Sora generative AI video creator with watermark and audio integration
From GSMArena: OpenAI introduced Sora, a new generative AI model that creates videos from text prompts or still images, set
SpaceX set for third Starship test flight on March 13 from Texas
From CNBC: SpaceX is gearing up for its third Starship test flight, set to take place from the Boca Chica
Kevin Plank returns as CEO of Under Armour, Stephanie Linnartz steps down
From CNBC: Founder Kevin Plank is returning as CEO of Under Armour as Stephanie Linnartz steps down after just over
OpenAI hires quantum physicist to explore quantum computing potential for enhancing AI efficiency
From The Register: Quantum computing could be the next frontier to improve AI efficiency as large AI models with millions
UK GDP grew by 0.2% in January, signaling positive turn in economy
From Morningstar: According to the Office for National Statistics, the UK GDP grew by 0.2% in January, indicating a positive
OpenAI's Sora AI video generator may produce nude content, sparking debate on ethical implications.
From G/O Media: OpenAI’s hyperrealistic AI video generator, Sora, is set to be released in 2024, with the potential for
US inflation higher than expected, making May rate cut unlikely, June cut possible
From Morningstar: The February Consumer Price Index report revealed higher-than-expected inflation in the US, with prices rising at a 3.2%
Large Language Models (LLMs) like ChatGPT are improving AI technology with NVIDIA GPUs.
From NVIDIA.: AI Decoded: Chatbots are the first popular app of AI, enabled by large language models running on NVIDIA
Summary: ITIF President Daniel Castro discusses energy-efficient AI and climate change with NVIDIA on AI Podcast.
From NVIDIA: AI enthusiast Daniel Castro discusses the environmental impact of AI technology in NVIDIA’s AI Podcast. With a focus
Reddit's upcoming IPO faces challenges in a competitive market, with potential for investor interest in AI
From Morningstar: Reddit’s upcoming IPO will test investor appetite despite the company’s lack of profitability and fierce competition in the
EV interest is declining, automakers shifting focus to hybrid and gas-powered vehicles
From CNBC: Consumer interest in EVs has decreased, leading automakers like Ford and GM to scale back their electric vehicle
Eli Lilly partners with Amazon Pharmacy for drug delivery, aiming to disrupt distribution and cut costs.
From CNBC: Eli Lilly partners with Amazon Pharmacy to deliver certain prescription drugs, including Zepbound for weight loss, directly to
Balfour Beatty announces share buyback after profit drop, but expects growth in 2025.
From Morningstar: Shares in Balfour Beatty rose 8.3% to 368p as the company announced a share buyback following a 15%
Gervais Williams favors UK smaller companies, values Bioventix, and predicts value stocks to outperform growth.
From Morningstar: Gervais Williams, fund manager of the Diverse Income Trust, believes UK smaller companies will outperform mainstream stocks with
Physical Intelligence aims to develop AI for robots, focusing on software over hardware
From PYMNTS: Physical Intelligence, a new company, aims to develop AI for robots and physical devices. The firm is in
Boeing Max crisis causes Southwest and United to reevaluate growth plans.
From CNBC: Boeing’s Max crisis is prompting airlines like Southwest and Alaska to reassess growth plans due to quality control
Organized retail crime rings target retailers, Ulta CEO blames e-commerce sites, concern over violence.
From CNBC: Sophisticated organized retail crime rings are targeting retailers like Ulta Beauty, T.J. Maxx, and Walgreens, stealing and reselling