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Recession Weighs In On Big Tech Rally


Qantas Proclaims International Flights Are Twice As Lucrative Post-COVID

Qantas Airways Ltd. claims that international flying will be at least twice as lucrative post-COVID due to new income stream from marathon direct flights that crosses the world with deep cost cuts.

The Clock Is Ticking As Time Runs Short On Lawmakers To Pass Deal

US leaders geared up lobbying campaigns to win the approval of a deal to avert a catastrophic US default as deadline approaches. Environmentalists and defense hawks condemns concessions.

Alternative Fuels Races For The Spotlight

The next generation of alternative carbon-neutral fuels has made its debut on the track over the weekend during a race in Shizuoka, Japan.

Today’s News

According to the latest Markets Live Pulse survey, the Big Tech rally of the year has further to run as the risk of a US recession has investors leaning towards stocks that offer profitable growth in trying times.

The Future Of AI Applications With Arm Tech

Semiconductor designer Arm Ltd. has made a breakthrough as it edges toward a highly anticipated initial public offering with its very own artificial intelligence (AI).

Source: Bloomberg

Arm technology will be the fundamentals to building the next wave of AI innovations, claims Chief Executive Officer Rene Haas during his keynote speech at the Computex trade show in Taiwan.

Nvidia Set To Build A Supercomputer As AI Demands Rise

Nvidia Corp (NVDA.O) has officially announced the development of the most powerful artificial intelligence (AI) supercomputer to meet rising demands for AI applications.

Source: REUTERS

The world’s most valuable listed chip company, Nvidia claims that the cloud-based system would cost hundreds of millions of dollars and would only be partly operational by the end of 2023.

Now Everyone Can Be A Programmer, Nvidia Corp CEO Claims

Nvidia Corp CEO Jensen Huang claims that with artificial intelligence (AI), everyone can now be a computer programmer as all they need to do is speak to the computer, dropping hints on the beginning of a new digital era.

Source: REUTERS

Nvidia’s exponential growth has quickly become the world’s most valuable listed semiconductor company as a major supplier of chips and computing systems for AI.

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Industry Dynamics

Weekly Economic Calendar For September 25, 2023 – September 30, 2023

Weekly Economic Calendar For September 25, 2023 – September 30, 2023.

2023-9-22 | Industry Dynamics

Lachlan Murdoch Set To Helm Media Empire

Cisco Set To Buy Cybersecurity Firm For USD 28 Bln Cisco Systems (CSCO.O) has agreed to buy cybersecurity firm Splunk (SPLK.O) for about USD 28 billion in its biggest-ever deal to strengthen its software business and capitalize on the boom in artificial intelligence. Auto Workers Rally As Strike Expands United Auto Workers (UAW) members rallied against the Detroit Three […]

2023-9-22 | Industry Dynamics

Fed Almost Done With Raising Interest Rates

UAW And Detroit Three At An Impasse Detroit’s Big Three automakers and the United Auto Workers remained far apart in labor negotiations yesterday, less than 48 hours before the union’s deadline to make significant progress or escalate a strike with new work stoppages. JIP Has Succeeded In USD 14 Bln Toshiba Bid Toshiba (6502.T) said on Thursday […]

2023-9-21 | Industry Dynamics