Gold futures soared to a new record high as weak economic data cast doubts on the global economic recovery. The precious metal closed at $2,000 per ounce on Tuesday, marking its highest level in history.
US futures fell on Monday as investors awaited crucial inflation data that could potentially impact the stock market. The Dow Jones Industrial Average futures dropped 50 points, while S&P 500 and Nasdaq 100 futures also traded in negative territory.
Cybersecurity Breach
Change Healthcare, a prominent player in the healthcare industry, has yet to confirm the alleged data breach. However, cybersecurity experts warn that this could potentially put millions of patients’ personal and medical information at risk.
Stock futures fell on Wednesday as investors awaited fresh inflation data later in the week. Concerns over rising prices and the impact on interest rates have weighed on market sentiment in recent days.
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Google has reached a new deal with popular social news platform Reddit in order to gain access to valuable data for training its artificial intelligence algorithms. This partnership will allow Google to enhance its AI capabilities and improve its services.
Walmart has recently announced that it is acquiring the TV-brand Vizio in a strategic move to enhance its customer data for advertising purposes. The retail giant plans to leverage Vizio’s valuable data to target customers more effectively and drive higher sales.
Investors reacted nervously on Tuesday as stocks tumbled following the release of hotter-than-expected inflation data. The S&P 500 fell 1.8%, the Dow Jones Industrial Average dropped 1.6%, and the tech-heavy Nasdaq Composite declined 2.5%.
Palantir Technologies and Snowflake are two major players in the lucrative world of data analytics. With both companies revolutionizing the way data is handled and analyzed, their competition has intensified in recent years. Let’s take a closer look at these data behemoths and see how they stack up against each other.
Renowned economist Mohamed El-Erian has issued a warning to investors and policymakers, urging them to exercise caution when it comes to the Federal Reserve’s approach to inflation. El-Erian, the Chief Economic Adviser at Allianz, believes that a Fed that is too heavily reliant on data may pose risks to the economy.
Privacy experts have issued a warning about the potential dangers of having an AI girlfriend, cautioning individuals about the risks associated with these digital companions. While AI technology has undoubtedly advanced in recent years, it is important to recognize that AI girlfriends may not always have the best interests of their users at heart, instead, using them for data collection purposes. Additionally, concerns have been raised about the privacy implications and potential for exploitation that come with engaging in a relationship with an AI entity.
