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News Corp reports a significant drop in profits but remains optimistic, highlighting artificial intelligence (AI) as a potential driver for turnaround.
The housing market is challenging, but there are some hopeful signs. RV sales are down, while accessory dwelling units are on the rise. Goldman Sachs has identified 24 stocks set to rally, but Wall Street investors are cautious about AI stocks. Jeff Bezos has bought Amazon stock, and Elon Musk is causing trouble for Goldman Sachs. Argentina's presidential frontrunner wants to ditch the peso for the dollar to combat inflation.
The U.S. stock market has rebounded after 15 tumultuous months and experts suggest 30 promising stocks immune to inflation. Tesla is a top AI bet and value stocks may outperform in the imminent recession. However, Moscow's seizure legislation and Bitcoin dip cause concern.
Tech workers may see job security diminishing with the rise of generative AI, warns billionaire Ken Griffin. Finance firms still need technologists, but coders must add maximum value in this post-ChatGPT world. Meanwhile, financial giants like BlackRock and Goldman Sachs continue to make strategic moves while entrepreneurs like Kim Kardashian make their mark in private equity. Don't miss the immune-boosting drinks to soothe your sore throat!
Explore the evolution of tech policy from Obama's optimism to Harris's vision at the Democratic National Convention. What's next for Democrats in tech?