Wednesday 25 October 2023

Microsoft earnings finally show Wall Street AI’s financial potential

Investor's Lock $254B Deposit

The U.S. government is moving towards electric cars, and European countries are phasing out gas-powered vehicles entirely, with Norway banning oil and gas and England following by 2030. This proves the future is in electricity.

Investors are flocking to get in before this company gets a deal like Mercedes gave to their partner.

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There's a good reason why investors are amazed that something hasn't broken in the economy yet: The last time US government bond yields climbed so far, so fast, the nation plunged into back-to-back recessions.


AI hype has consumed the business world—and driven some consumers to the point of AI fatigue—but Wall Street is still obsessed with the technology and eager to learn what it will mean for companies' bottom lines.






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