Artificial intelligence could be one of the most transformative technologies in history. Analysts at the Switzerland-based investment bank UBS believe artificial intelligence (AI) will be “the most profound innovation and one of the largest investment opportunities in human history.” But that grandiose phrasing fails to capture how transformative the technology could be. Demis Hassabis, CEO of DeepMind, estimates humankind could achieve artificial general intelligence (AGI) by 2030, meaning a level of superintelligence that would help scientists “cure most diseases within the next decade or two.” Hassabis also believes AGI could solve problems related to energy production and climate change. And…
Author: user
Porsche has the new 2025 911 GT3, and it comes in two versions with more ways to customize than ever before. The 911 GT3 now offers both the Weissach Package and the Touring Package for those who want a high-performance track car or a more comfortable daily driver. (Via Porche) To mark the 25th anniversary of the Porsche 911 GT3, the new Touring Package also comes with rear seats, making it more practical than before. Powerful Engine and Advanced Transmission The heart of the 2025 Porsche 911 GT3 is a 4.0-liter boxer engine that delivers 502 horsepower and 331 pound-feet…
On Monday, Loop Capital upheld its positive stance on Tencent Holdings (700:HK) (OTC: OTC:) stock, maintaining a Buy rating and a price target of HK$585.00. The firm adjusted its expectations for the company’s revenue growth, now anticipating a 2% increase in the Business Services segment for the third quarter, a reduction from the previously estimated 4%. The forecast for the Advertising segment was also revised, with growth now expected to be 14% in the third quarter, down from the earlier prediction of 16%, marking a significant deceleration from the second quarter. The revised expectations come as ecommerce platforms have shifted…
DUBLIN, Oct. 21, 2024 /PRNewswire/ — The Global Sustainable Investing Market is Segmented by Investment Type (Equity Investments, Fixed Income Investments and Real Assets (e.g., real estate, infrastructure), By Asset Class (Public Equity, Private Equity, Bonds (green bonds, sustainability bonds), Mutual Funds, By Investor Type (Institutional Investors (e.g., pension funds, insurance companies), Retail Investors, Family Offices and High-Net-Worth Individuals (HNWIs), By End-User (Renewable Energy, Sustainable Agriculture, Clean Technology, Healthcare and Education) and By Region (North America, Europe, Asia-Pacific, Latin America and Middle East and Africa). The report offers market size and forecasts for global sustainable investing are provided in terms of value…
Three years ago, Cushon Master Trust caught the industry’s attention with its claim to offer the “world’s first net zero pension fund” by using carbon offsets to mitigate its financed emissions. This was a bold promise for the UK’s still nascent defined contribution (DC) market. At the time, most DC providers were predominantly invested in equities, and even some of the larger funds had not yet established a net zero strategy. However, last year, Cushon appeared to step back from its original promise, no longer claiming to be net zero. Net Zero Investor caught up with Marc Barnett, who recently…
Audi has just launched its fastest and most powerful wagon yet – the 2025 Audi RS 6 Avant GT. This special edition model honors the iconic Audi 90 Quattro IMSA GTO race car from the 1980s, a legend in the racing world. With only 85 cars available in the United States and 660 worldwide, this exclusive release is expected to become a collector’s dream. The 2025 Audi RS 6 Avant GT On the Streets (Via Audi) The RS 6 Avant GT stands out with its unique features. It sports an eye-catching Arkona White paint job with red, gray, and black…
(Bloomberg) — Benchmark Treasury yields may soon hit a key level on the back of rising inflation expectations and concerns over US fiscal spending, according to T. Rowe Price.Most Read from Bloomberg“The 10‑year Treasury yield will test the 5% threshold in the next six months, steepening the yield curve,” according to Arif Husain, chief investment officer of fixed-income, who helps oversee about $180 billion of assets at the firm. The fastest path to 5% “would be in the scenario that features shallow Fed rate cuts,” he wrote in a note.The call stands out against market expectations of lower yields, after…
Lucid Motors and Tesla are at the forefront of the electric vehicle (EV) race, and their rivalry has intensified with two of the fastest electric sedans ever made the Lucid Air Sapphire and the Tesla Model S Plaid. In a thrilling head-to-head contest, these two EV powerhouses faced off in a unique drag race to determine which car reigns supreme. (Via Tesla) The Tesla Model S Plaid, introduced in 2021, set new standards for speed and performance in the electric luxury sedan market. It features a tri-motor setup that generates 1,020 horsepower, making it capable of going from 0 to…
Image source: Getty Images Two of the penny stocks on my watch list right now are trading significantly below City brokers’ price targets. Should I consider buying either of these shares today? Let’s take a look. OMG: a bargain buy? Tech group Oxford Metrics (LSE: OMG) currently has a market cap of £77m and a share price of about 60p. However, the group also has net cash of about £45m. This bumper cash pile is the result of the sale of the group’s Yotta business for £52m in 2022. What this means for shareholders is that the remaining Vicon business…
Peter Cade | Stone | Getty ImagesThe vast majority of Europeans support the use of artificial intelligence for police and military operations, according to a new report by Madrid’s IE University shared with CNBC.”European Tech Insights,” which measured the attitudes of over 3,000 people in Europe, found that 75% support the use of AI technologies such as facial recognition and biometric data by the police and military for surveillance purposes.The extent of the support is perhaps surprising, as Europe holds some of the strictest data privacy regulations in the world. In 2018, the European Union introduced the General Data Protection…