Daily Archives: April 27, 2024
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Apple restarts talks with OpenAI to add new artificial intelligence features to new products
Apple has restarted talks with OpenAI to explore using the startup\’s technology to power some new iPhone features due later this year, according to people familiar with the matter.
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Is the United States worried about stagflation? Citi insists Fed will cut interest rates in summer
The U.S. GDP growth rate in the first quarter was lower than expected, and the March core PCE price index released on Friday exceeded expectations, making the market worried that the U.S. economy may enter stagflation.
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Facebook co-founder calls Tesla an Enron-style scam, Musk responds angrily
Dustin Moskowitz, co-founder of Facebook and CEO of software company Asana, posted on social media this week accusing Tesla of massive fraud and claiming someone will end up in jail.
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Tesla to lay off 693 workers at Nevada factory
Tesla will reportedly lay off 693 employees at its Nevada factory as part of a 10% global layoff plan announced earlier this month
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Musk: The goal is to solve the space refueling problem of Starship spacecraft by the end of next year
SpaceX CEO Elon Musk said on Friday local time that the company is working to solve the space refueling problem of its two-stage launch vehicle Starship by the end of next year and advance the plan to eventually send humans to Mars. technology
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Latest inflation data reinforces Powell\’s shift to keeping interest rates high for longer
Federal Reserve Chairman Powell sent a message last week: the current high interest rates will continue; the latest inflation data released on Friday reinforced this message
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Broker’s call: IndusInd Bank (Buy)
Target: ₹1,995
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Broker’s call: Hindustan Unilever (Buy)
Target: ₹3,000
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Motilal Oswal Financial Services Q4 net up 4 times, to issue 3:1 bonus
Motilal Oswal Financial Services’ net profit increased over four times to ₹725 crore in the fourth quarter ended March 31, 2024 against ₹165 crore logged in the same period last year.
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Aditya Birla Sun Life MF Q4 net up 53 per cent
Aditya Birla Sun Life Asset Management Company has reported 53 per cent increase in the March quarter net profit at ₹208 crore against ₹136 crore logged in the same period last year on the back of sharp jump in asset under management.