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AI-linked stocks drove $138 billion in gains across 13 public-pension funds since 2022
AI-linked stocks drove $138 billion in gains across 13 public-pension funds since 2022, helping them dig out of losses from the last financial crisis. This comes as politicians are turning against AI.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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Asian stocks struggle as Hang Seng Index dives amid AI and geopolitical concerns
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Asian markets broadly fell: The Hang Seng Index dropped 3.03% to a four-month low, and the Hang Seng Tech Index fell 5%; Brent crude rose 3.2% to $112.27, due to AI concerns and heightened tensions in the Strait of Hormuz.
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NVIDIA accelerated computing and open models are widely adopted by European financial giants, with Revolut, Lloyds Banking Group, and others achieving breakthroughs in efficiency and cost.
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NVIDIA Earth-2 Open Models Deployed Across Europe for Weather and Climate Prediction
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Iran's Security Chief Rejects Uranium Transfer as US VP Vance Calls for Reductions
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Goldman Sachs: Silver Net Longs Fall to Two-Year Low Amid Dual Blows from Dollar Pullback and Weak AI/Solar Sectors
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Binance announced that it will update the minimum price fluctuation unit for spot trading pairs on October 29.
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JPMorgan Chase Report: Funding Pressure on New Cloud Vendors Won't Impact AI Infrastructure Cycle; Tech Sector Expected to Have $400 Billion Funding Surplus This Year
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CrowdStrike Executive: AI Provides Tools for Hackers, But Weak Security Is the Main Reason for South Korean Bank Intrusions
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Middle East Tensions Escalate: Houthis Claim Multiple Attacks on Saudi Arabia, Brent Oil Surpasses $112, Iran Claims to Have Struck Oil Tanker in Strait of Hormuz
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