IMF Raises Growth Forecast for India, but Challenges Ahead Strong Growth Outlook The International Monetary Fund (IMF) has increased its growth forecast for India, projecting a strong economy in 2023 and 2024. According to the IMF’s October update of its World Economic Outlook, India’s economy is expected to grow by 6.3% in 2023, up from…
Introducing Canopy: The New Peer-to-Peer Social Networking App Canopy is a new peer-to-peer social networking app for content creators to connect, crowdsource information and, for lack of a better term, “spill the tea.” Launching Pilot Program with 1,000 Influencers The company announced today the launch of its pilot program, with plans to onboard 1,000 influencers….
Risk of Concentration in Big Cap Tech Stocks Introduction The risk of too great a concentration in big cap tech stocks is once again in focus. Wells Fargo’s Chris Harvey and many other experts have been warning about increased concentration risks among mega-cap tech stocks for some time. The recent Russell reconstitution provided an opportunity…
Artificial Intelligence Could Lead to Human Extinction, Say Industry Experts in Open Letter Artificial intelligence may lead to human extinction and reducing the risks associated with the technology should be a global priority, industry experts and tech leaders stated in an open letter. “Mitigating the risk of extinction from AI should be a global priority…
Disney’s Q2 earnings report has drawn mixed Wall Street responses and concern over its ability to compete in the streaming space. Although Disney beat expectations on adjusted earnings per share and quarterly revenues, the total subscriptions to streaming platform Disney+ came in at 157.8 million, compared with an expected 163.17 million. As a result, shares in…
More and more people are saying that the steady rise in US stock prices will stop. Goldman Sachs, Morgan Stanley, and Citigroup strategists have all sent out new messages about how bad shocks could end the winning streak. As a result of the pandemic, the spread of the delta form of the Corona virus, the…
People think that the Google Chrome browser is one of the best and most popular on the internet, but experts have recently warned people not to use it because they say it saves information about its users. Google users were told to get rid of the Google Chrome browser because the search giant tracks users…
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