Mon, Nov 9, 2020 2:27 PM
Ant Group’s stalled IPO seen slashing its value by $140 billion
A Flip by Flipitnews
As our Chart of the Week illustrates, core goods, food, and energy price growth have declined — or even gone negative (lower prices!). But core services, which includes housing costs and other categories like medical care, rose 3.15% over the prior year. That figure marks a slowdown from March’s 3.18% rate, but it’s higher than readings seen in December, January, and February,.
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If you're like me, you don't remember much from your high school geometry class. However, I still recall a few things -- including the intriguing curve called the parabola. We don't encounter the good old parabola often in life as adults. But investors might have an opportunity to see geometry in action with a select group of stocks.
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The big story in the stock market over the past few years has been artificial intelligence (AI). Generative AI, which can create text, images, videos, and audio, looks likely to be a transformative technology. Tech leaders like Microsoft, Alphabet, and Advanced Micro Devices are betting heavily on AI to drive growth. While the stocks of all three of those AI-centric companies have surged.
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