Thursday☕️
Trending:
- Interest Rates
Stocks/Economies:
- Yesterday's US market performance:
- The FED has raised interest rates by 0.25% or 25 basis points.
- The FED is raising rates to lower inflation. If you can decrease the flow (Supply) of the USD, the demand rises, causing the USD to gain more strength (which lowers inflation).
- The US inflation rate has declined from its peak of 9.1% in June 2022 to 6.5% in December.
Crypto:
- Yesterday's market data:
Business:
- Intel CEO Pat Gelsinger's base pay will be reduced by 25% as part of the company's cost-cutting measures.
- Netflix is cracking down on account sharing by asking users to verify their devices.
- PayPal plans to lay off 7% of its workforce in the upcoming weeks.
- Pfizer achieved a record profit of $100 billion last year, with 57% attributed to its Covid vaccine and antiviral drug Paxlovid.
- Boeing plans to establish an additional production line for the 737 Max in 2024, making it the fourth line for its highly popular aircraft.
- ChatGPT has reached 10 million daily active users (DAUs).
Ukrainians digging new defensive lines to the west of Bakhmut pic.twitter.com/epGv9OG7pN
— Jack Posobiec 🇺🇸 (@JackPosobiec) February 2, 2023
🇺🇸❄ - 85,000 without power, mass flight cancellations in #Texas. #Austin is currently in the midst of an ice storm wreaking havoc, with fallen trees toppling transformers. pic.twitter.com/yZRKqwfOWb
— The informant (@theinformantofc) February 1, 2023
Oldest Universities In The World:
- University of Bologna (1088)
- University of Paris (1150)
- University of Oxford (1167)
- University of Salamanca (1134)
- University of Modena and Reggio Emilia (1175)
- University of Cambridge (1209)
- University of Toulouse (1229)
- University of Naples Federico II (1224)
- University of Montpellier (1289)
- University of Padua (1222)
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Informative Article Links ⬇:
Social Media Algorithms
Social media algorithms are the underlying systems that determine what content users see on their feeds. These algorithms are used by companies like Facebook, Instagram, TikTok, and Twitter to curate the content that appears on users’ feeds and to promote certain types of content over others. The ef…
Time Is Money
Artificial Intelligence:
Artificial intelligence, or AI, is a computer science and engineering field that focuses on developing intelligent machines that can think like humans. These intelligent systems are designed to learn from data and experiences and can adapt and make decisions independently. This process is known as m…
Time Is Money
How AI Can Supercharge An Investment Firm
The investment industry has been constantly evolving, with new technologies and approaches emerging to help investment firms operate more effectively. One technology that has garnered significant attention in recent years is Artificial Intelligence (AI). With its ability to process vast amounts of d…
Time Is Money
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