OpenAI’s ChatGPT is one of the latest technological breakthroughs in the artificial intelligence (AI) space. The global AI market is already expected to grow at a compound annual growth rate of 38.1 percent to reach US$1.59 trillion by 2030 — just how much of an impact OpenAI’s ChatGPT will have on this space is hard...
Day: August 22, 2023
Zoom (ZM) Q2 earnings report 2024
Zoom founder Eric Yuan speaks before the Nasdaq opening bell ceremony in New York on April 18, 2019. Kena Betancur | Getty Images Zoom shares rose as much as 8% in extended trading on Monday after the video-calling software provider announced fiscal second-quarter results that exceeded analysts’ expectations. Here’s how the company did: Earnings: $1.34...
Building an Investment Portfolio of Disruptive Healthcare Technology Companies
Overview Cardiol Therapeutics Inc. (NASDAQ: CRDL, TSX: CRDL) is a clinical-stage life sciences company focused on the research and clinical development of anti-inflammatory and anti-fibrotic therapies for the treatment of heart disease. The Company’s lead drug candidate, CardiolRx™ (cannabidiol) oral solution, is pharmaceutically manufactured and in clinical development for use in the treatment of heart...
Baidu earnings report 2Q 2023
A Baidu Apollo robotaxi passes by a Baidu office building in Beijing on Aug. 21, 2023. Bloomberg | Bloomberg | Getty Images BEIJING — Chinese tech company Baidu on Tuesday reported better-than-expected revenue, up by 15% year-on-year in the second quarter and bolstered by growth in advertising. This was the fastest quarterly year-on-year growth pace...
Euro area monthly balance of payments: June 2023
22 August 2023 Current account recorded €36 billion surplus in June 2023, up from €8 billion in previous month Current account deficit amounted to €9 billion (0.1% of euro area GDP) in 12 months to June 2023, compared with a surplus of €123 billion (1.0%) one year earlier In financial account, euro area residents’ net...
10 Lithium Stocks Betting on Direct Lithium Extraction
Lithium demand is expected to increase significantly in the coming decades as the world turns to greener sources of energy to meet its net-zero goals. But extracting and processing lithium is not an easy task, and challenges and delays are common across projects in the industry. Many experts believe new technologies could be a way...
What are Junior Miners and Are They a Good Investment? (Updated 2023)
Investing in junior mining stocks can be tricky, and it’s often challenging for investors to pick winners. That’s largely because junior miners have one of the toughest jobs in the mining industry: finding mineral deposits. The kicker is that many of these mineral exploration companies don’t actually generate revenue to finance their exploration activities. Rather,...
How Would a New BRICS Currency Affect the US Dollar? (Updated 2023)
The BRICS nations, comprised of Brazil, Russia, India, China and South Africa, are looking to establish a new reserve currency backed by a basket of their respective currencies. The potential currency, while still under review and development, would allow these nations to assert their economic independence while competing with the existing international financial system. The...
3 Essential Car Financing Tips
Car loans get a bad rap, but I believe there are ways to finance a car responsibly. If you pick a reasonably priced vehicle and shop around for the best interest rate, it’s possible to secure an affordable car payment that won’t impede your other financial goals. Because the price of both new and used...