European lenders were scrutinized on Thursday as analysts evaluated the potential contagion risks stemming from commercial real estate market challenges. Deutsche Bank faced particular attention, with analysts at KBW noting the bank's limited capacity to absorb losses in the asset...
As market participants brace for the impact of quarterly results, March S&P 500 E-Mini futures (ESH24) and March Nasdaq 100 E-Mini futures (NQH24) show a slight dip of -0.18% and -0.16%, respectively, this morning. In pre-market trading, the Walt Disney Company (DIS) stands out, surging over +6% after reporting robust Q1 earnings, announcing a 50% boost in its cash dividend,...
The Biden administration unveiled the U.S. AI Safety Institute Consortium (AISIC) on Thursday, comprising over 200 entities, including prominent artificial intelligence (AI) companies, to advance the safe development and deployment of generative AI technologies. Key industry players such as OpenAI, Google, Microsoft, Meta Platforms, Apple, Amazon, Nvidia, Palantir, and Intel, among others, have joined the consortium. Additionally, major financial institutions...
Hyundai Motor finds itself at a crossroads concerning the fate of its Casper compact SUV, manufactured through a joint venture with Gwangju Global Motors (GGM) in South Korea. The Casper, introduced in September 2021, faces declining sales amid shifting market dynamics, posing challenges to the joint venture's profitability. Established in 2019, GGM was formed through investments from Hyundai Motor and...
Singapore is gearing up to address pressing economic concerns in its upcoming budget announcement, set for February 16. With sticky...
In the ever-evolving healthcare landscape, remote rehabilitation has emerged as a revolutionary approach to patient care, leveraging technology to provide...
In the Asian market scene, a divergence in performance was witnessed, with the Nikkei 225 in Japan soaring to gain....
A study published in Nature Machine Intelligence reveals the potential of machine-learning systems akin to AI Chatbots in accurately answering...
