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Source: Yahoo Finance News Agency
2 weeks ago
General Medium Importance

Apollo's Torsten Sløk: There's no evidence AI is lifting margins outside tech | Sozzi Unleashed

Torsten Sløk, partner and chief economist at Apollo Global Management, tells Brian Sozzi the AI payoff has not reached the rest of the market: "We gotta see higher profit margins outside the tech sector. We gotta see higher EBITDA outside the tech sector and that's just not happening yet.

Source: Yahoo Finance
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Source: Bitcoin.com News News Agency
2 weeks ago
Cryptocurrency Medium Importance AI Analyzed

XRP Is Crushing Bitcoin on Korean Exchange Upbit: Here Are the Numbers

XRP drew $350M (about ₩481B) of trading volume on Upbit on Sept. 21, beating bitcoin's $225.8M (₩308B), and it has out-traded bitcoin on the exchange every day for a month. The Numbers On Monday night, onchain data showed that XRP was “dominating Upbit,” with the asset's numbers showing $203.

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Source: Bitcoin.com News
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Source: Schwab Network News Agency
2 weeks ago
General Medium Importance AI Analyzed

Kevin Mahn Doesn't See Point in Fed's Rate Hike: "Is 2% Really the Goal" for Inflation?

Kevin Mahn makes the case that the Fed's 25 bps interest rate hike won't do anything to help its inflation goals due to how heavily weighted energy is in the uptick. He poses the question: "is 2% really the goal" for inflation?

Source: Schwab Network
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Source: Seeking Alpha News Agency
2 weeks ago
General Medium Importance AI Analyzed

Wall Street Lunch: Meta's Muse Teams With Shopify After Amazon Ban

Shopify partners with Meta to enable Muse AI-driven purchases via Shop Pay after Amazon blocks Muse from its platform. Alibaba advances its AI ambitions, detailing the Qwen 4 model in training and plans for Qwen 4.5 and 5 with up to 10 trillion parameters.

Source: Seeking Alpha
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