The stock market is approaching all-time highs, with the S&P 500, Dow Jones, and Nasdaq 100 within 5% of their record highs, thanks to solid earnings, cooling inflation, and reduced volatility.
The White House has announced an executive order on emerging AI technologies, focusing on the safety and security of the US government and its workers, which has implications for the supply chain, manufacturing industry, and materials inventory space. The order recognizes the benefits of AI in enhancing supply chain efficiency, logistics, inventory management, and workforce development, and calls for collaboration and the development of trust in purpose-built AI systems.
Bitcoin climbs above $38,000 as rates expectations shift and SEC's influence on crypto markets dwindles.
Amazon has launched Clean Rooms ML, a privacy-preserving service that enables AWS customers to deploy AI models for collaborations without having to share proprietary data with outside partners.
A man selling mushrooms and other paraphernalia at the Grand Army Plaza greenmarket in Brooklyn was arrested and had his pet cat seized as part of the city's crackdown on unlicensed vendors.
Charlie Shrem tells the story of how he founded BitInstant, a Bitcoin empire that grew to account for 30% of all Bitcoin transactions, before being arrested and charged with money laundering.
The Tesla Cybertruck, set to be unveiled tomorrow, has been spotted with a range of approximately 290 miles (466 km) in a review unit, suggesting a closely matching range to previous sightings.
Xbox's CFO, Tim Stuart, expressed his excitement about the use of AI technology in game development, noting its potential to handle tasks such as translation, coding, and game testing, while also suggesting that AI could make game development accessible to everyone, although concerns about possible job displacements remain.
A former prosecutor in Georgia, Jackie Johnson, has failed to have charges of misconduct dismissed for allegedly obstructing the investigation into the murder of Ahmaud Arbery.
The U.S. economy grew faster than initially thought in the third quarter, with GDP growth reaching a 5.2% rate, but momentum appears to be slowing due to higher borrowing costs and reduced hiring and spending.
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The English dub of the Naruto game Naruto x Boruto Ultimate Ninja Storm Connections sounded so bad that fans speculated that artificial intelligence was used, highlighting the misconception that "bad" products are often assumed to be created, at least partially, using AI, when in reality, there can be various reasons for lower quality, such as editing and mastering issues in the case of this game.
Amazon has released its Titan text-to-image AI model, which can generate realistic images based on natural language prompts and is targeted towards an enterprise audience, with built-in guardrails against toxicity and bias and invisible watermarks to indicate AI-generated content.
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Sony has announced that the PlayStation Plus games for December 2023 are LEGO 2K Drive, Powerwash Simulator, and Sable, all of which will be available at no extra cost to subscribers.
Stocks rose on Wednesday as comments from a Federal Reserve official raised hopes of an earlier-than-expected interest rate cut.
Billionaire businessman Mark Cuban confirms he has no plans to run for president in 2024, despite recent speculation.
Amazon has released Titan Image Generator, an AI model that can generate new images based on text descriptions or modify existing images, with built-in protections against toxicity and bias, as well as tamper-resistant invisible watermarks to combat misinformation.
House Oversight and Accountability Committee Chairman Rep. James Comer stated that Hunter Biden will need to testify at a closed-door deposition first before an open hearing regarding deals in Kazakhstan, Russia, and Ukraine, despite Biden's offer to testify at an open hearing.
Shares of NetApp jumped after the data storage company provided a positive financial forecast, indicating that their efforts to increase sales are successful.
U.S. Steel has issued layoff warnings to 1,000 employees at its Granite City mill in Illinois, with plans to fire 60% of them, causing significant impact on the local community which relies on their income.
Nearly 28 million people in the US reported experiencing food scarcity in October, the highest number since December 2020, due to factors such as inflation, unemployment, and the expiration of pandemic-related nutrition benefits, leading to concerns about a worsening hunger crisis.
The unregulated adoption of artificial intelligence (AI) could lead to a significant increase in global energy consumption, similar to the impact of cryptocurrency mining, highlighting the need for regulatory measures to address this surge.
U.S. stocks fluctuated as investors considered comments from the Federal Reserve and JPMorgan CEO Jamie Dimon, taking into account the revised second estimate of Q3 GDP growth, while Treasury yields and rate cut expectations were influenced by the data.
The owner of a mystery wallet has purchased over $424 million worth of bitcoin, making them the 74th largest holder, leading to speculation that they may be connected to a US asset management firm preparing for a spot bitcoin ETF.
The PlayStation Plus Monthly Games lineup for December includes PowerWash Simulator, Sable, and Lego 2K Drive, offering subscribers a variety of unique gaming experiences.
Jezebel, the feminist blog that recently shut down, has been revived after being sold to Paste Magazine, who plans to resume publishing the site soon.
Microsoft has introduced a new "compact mode" for its Xbox PC app, making it easier to use on handheld gaming PCs by reducing the sidebar into icons and collaborating with manufacturers to enable it by default on such devices.
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Realtor.com chief economist Danielle Hale discusses the housing inventory shortage, predicting a slight increase in single-family construction next year but emphasizing that it will take several years to address the deficit. Home prices are expected to decline slightly in 2024, but renting may still be a more viable option for many families trying to save on housing costs.
The Biden administration is using a graphic to illustrate the economic benefits to battleground states like Pennsylvania and Arizona from Washington's efforts to arm Ukraine, as part of their push to gain support for the proposed additional spending on the wars in Ukraine and Israel.
Apple is reportedly ending its partnership with Goldman Sachs due to the billions of dollars in losses the bank has endured from its consumer services, including the Apple Card, which has experienced higher-than-usual loan losses.
The U.S. Department of Agriculture is offering $300 million in funding to help agricultural exporters expand into new markets outside of China, Canada, Mexico, and the European Union as part of the Regional Agricultural Promotion Program (RAPP).
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US stocks were flat on Wednesday after a Federal Reserve official hinted at a possible rate cut, leading to expectations of a policy pivot and driving bond yields lower.
A player of Starfield's New Game Plus system has encountered a rare interaction where they meet a fully voiced version of themselves and convince them to join their crew after 34 multiverse runs.
A top official from the U.S. Department of the Treasury warned non-U.S. stablecoin issuers that use dollar backing to address the risks posed by bad actors, without explicitly mentioning Tether (USDT) as the sector's leader, emphasizing the importance of preventing illicit activity, and suggesting that the crypto sector could establish information exchanges to identify and hold accountable those who aid criminals, terrorists, and rogue states.
Carson Group Chief Market Strategist Ryan Detrick remains bullish on bond and equity markets, citing broad participation, strong productivity, jobs growth, and positive earnings forecasts for 2024, with a particular focus on small caps and cyclicals, as well as a lack of imminent recession risks. Detrick also believes that political shifts alone are unlikely to derail the markets as other factors and fundamentals are still favorable.
Bitcoin mining during the precommercial development phase of renewable energy projects could generate millions of dollars in profit, which could be reinvested in future renewable energy initiatives, according to a study by Cornell University researchers. The study suggests that providing economic incentives for environmentally friendly crypto mining, such as carbon credits for avoided emissions, could encourage the adoption of clean energy sources and contribute to climate change mitigation.
Embattled Republican Rep. George Santos of New York faces a third expulsion vote in the House amid federal charges, after fabricating aspects of his background and resume and using campaign contributions for personal expenses.
TerraClassicUSD (USTC) and Terra luna classic (LUNC) tokens experienced a massive surge in value, with USTC gaining 300% in a week, following the introduction of a new Binance perpetuals contract listing and plans for a bitcoin-backed revamp, as the tokens are remnants of the failed Terra ecosystem that collapsed last May.
Lemonade and Redfin, two companies with compelling growth potential and attractive valuations, could see dramatic gains in the next bull market due to their unique advantages in the insurance and real estate industries, respectively.
Blockchain game developer Gunzilla Games has revealed details about its upcoming multiplayer shooter game "Off the Grid," which incorporates blockchain technology for its in-game economy and progression, with motion-capture roles recorded by celebrities and a 60-hour narrative campaign and 150-player battle royale mode, among other features. Gunzilla has also launched the test network for its Gunz blockchain subnet and released a companion game called Technocore, where players can find items that can be traded as non-fungible tokens (NFTs) on Gunzilla's official marketplace.
Robotic line cooks in the A-Lab, equipped with an AI program called GNoME developed by Google DeepMind, are able to create and test millions of new crystal designs, expanding the range of stable materials nearly 10-fold, in their quest to make new and interesting materials for future battery designs.
Bitcoin mines have a significant water footprint, with the water consumption associated with a single Bitcoin transaction being enough to fill a small backyard pool, according to a new analysis. The study highlights the growing water consumption of Bitcoin mining and suggests finding alternative ways to validate transactions to reduce the environmental impact.
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Bitcoin transactions use an excessive amount of water, equivalent to filling a backyard swimming pool, due to the water required to power and cool the computers involved, which is concerning as many regions are already facing water shortages.
Charlie Munger, the legendary investor, was skeptical about the hype surrounding artificial intelligence (AI) and believed it to be overhyped due to its lack of profitability, reliance on venture capital funding, and the technology's yet-to-be-proven ability to deliver on its promises.
Former Google CEO Eric Schmidt warns that artificial intelligence (AI) could pose a threat to humanity within five to 10 years and calls for urgent action to prevent harm, suggesting the creation of a global entity to inform policymakers. However, Schmidt believes that AI can still be a valuable tool for society. The warning comes as AI capabilities continue to advance and the US government implements new regulations on AI.
Wall Street's main indexes rose as U.S. Treasury yields fell, fueling optimism for rate cuts, while higher-than-expected Q3 economic growth data boosted hopes of a soft landing.
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Google Play has announced its best Android apps and games for 2023, including Imprint: Learn Visually as the overall best app and Honkai: Star Rail as the best game of the year.
General Motors (GM) plans to buy back $10 billion in stock, boost its dividend by 33%, and cut spending on its robotaxi unit Cruise, although it lowered its 2023 profit outlook due to the costs of the recent U.S. strike by the United Auto Workers (UAW).
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US stocks climbed on Wednesday after a Federal Reserve official hinted at a possible rate cut, with hopes for a policy pivot growing as other officials echoed dovish comments, leading investors to believe interest rate cuts could come sooner than expected.
British food brands have raised prices on popular products, contributing to higher food price inflation, says the UK's Competition & Markets Authority (CMA), with baby formula prices increasing by a quarter over the past two years; as a result, more shoppers are turning to cheaper own-label products, causing branded products to lose market share.
Labour leader Sir Keir Starmer accuses UK Prime Minister Rishi Sunak of canceling a meeting with the Greek PM over the Parthenon Sculptures, also known as the Elgin Marbles, and claims that Sunak "has lost his marbles."
