XT

Weekly Report: what happened at XT last week (0715-0719)?

Weekly Report: what happened at XT last week (0708-0712)?

Goldman Sachs raises concerns about the AI trade that markets have rallied behind

Goldman Sachs raises concerns about the artificial intelligence trade that markets have rallied behind. The investment bank said investors are skeptical about the latter stages of AI adoption. Goldman Sachs has broken the AI trade into four phases: 1, 2, 3, 4 and 5. The bank says investor skepticism is hampering the performance of companies in phase 4.

Weekly Report: what happened at XT last week (0701-0705)?

Google's emissions have jumped by nearly half in five years as AI surges

Google's emissions have jumped by nearly half in five years as AI surges. The company said its emissions rose to 14.3M metric tons of carbon equivalent in 2023. The rise is due to the increase in data center energy consumption and power demands of artificial intelligence systems.

Fed chair Powell talks generative AI at central bank event

Tech Fed chair Powell talks generative AI at central bank event in Portugal. U.S. Federal Reserve chair Jerome Powell says the central bank is looking into the possible effects of generative artificial intelligence on productivity, inflation and the labor market. Generative AI has become the biggest craze in the technology sector.

Weekly Report: what happened at XT last week (0624-0628)?

BlackRock stays overweight U.S. stocks thanks to the AI fueled theme

BlackRock says it is staying overweight U.S. Stocks based on the artificial intelligence theme. The world's largest asset manager says it favors the industrial sector over the tech sector. BlackRock says profit margins for tech are leading the market, but also recovering in other sectors.