Wed, Sep 21, 2022 4:55 PM
Binance and FTX both offers $50m for bankrupt Voyager’s crypto assets
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Since the advent of the internet three decades ago, numerous next-big-thing investment trends have come and gone. But none of these trends have offered to change the growth arc for corporate America quite like the artificial intelligence (AI) revolution.AI involves using software and systems to undertake tasks that would normally be overseen by humans.
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Bank Nifty hit a record high on Monday lifted by a sharp rally in financial stocks such as ICICI Bank, Axis Bank, SBI, IndusInd Bank among others after strong Q4 results.The Nifty Bank index surged more than 2.4%, or over 1,100 points, to touch a new life-time high of 49,399.30 on April 29, crossing earlier level of 49,057.Meanwhile, bulls made a strong comeback in the Indian stock market on Mon.
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Borge Brende, the president of the World Economic Forum (WEF), expressed concerns about the global economy, warning of a potential decade of low growth due to soaring debt levels. Speaking at the WEF’s “Special Meeting on Global Collaboration, Growth and Energy for Development” in Riyadh, Saudi Arabia, Brende highlighted the alarming global debt ratios."
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