The automotive industry is on the brink of a significant shift, with Chinese automakers expected to substantially increase their global market share from 21% to 33% by the year 2030. This growth is likely to be driven by the expansion of Chinese brands beyond their home country, with sales expected to triple from 3 million
In a recent announcement on June 27th, 2024, AdEx revealed the launch of its updated platform, positioning itself as a powerful tool tailored for Web3 advertisers seeking to engage with a broader Web2 audience. This repositioning comes with a host of technological advancements, such as the integration of Artificial Intelligence (AI) and Zero-Knowledge (ZK) privacy
The currency markets are constantly influenced by a variety of global events and economic indicators. In recent trading sessions, the U.S. dollar has fluctuated, with the Dollar Index trading slightly lower at 105.650. This comes after Federal Reserve Governor Michelle Bowman’s comments about inflation and potential rate cuts in the future. The upcoming release of
Morgan Stanley, a major player in the financial industry, is expanding its use of artificial intelligence by introducing a new assistant called Debrief. This AI assistant is expected to revolutionize the way financial advisors at the bank operate by streamlining tasks that were previously time-consuming. Debrief keeps detailed logs of advisors’ meetings, automatically generates draft
Investing in municipal bonds can provide investors with tax-advantaged income, making them a popular choice for those seeking to minimize their tax liabilities. The income earned on municipal bonds is free from federal taxes, making them particularly attractive to wealthier investors who are looking to maximize their after-tax returns. Additionally, investors who reside in the
The Securities Industry and Financial Markets Association (SIFMA) and the State of Missouri find themselves caught in a legal battle over the state’s groundbreaking environmental, social, and governance (ESG) investment regulation. Both parties have filed summary judgment bids in an attempt to sway the judge in their favor. The court has scheduled oral arguments for
The summer housing market is facing ongoing challenges following a disappointing spring season. Despite the anticipation for an improvement, the current state of affairs is far from ideal. The high prices of homes persist, mortgage rates remain at elevated levels, and there is only a slight uptick in the number of homes being listed. These
The Metropolitan Pier and Exposition Authority (MPEA) in Chicago has approved the sale of up to $231 million of bonds for the McCormick Place Expansion Project. The project includes upgrades to the Lakeside Center building and renovation of guest rooms at the Hyatt Regency McCormick. The bond sale, consisting of Series 2024A and Series 2024B
Core Scientific Inc (NASDAQ:CORZ) is making headlines with its recent announcement of new data center contracts, prompting BTIG to raise its price target for the crypto miner to $15 from $10. These new contracts, including a 200MW high-performance computing (HPC) agreement with CoreWeave and additional 70MW data center contracts, have ignited investor interest and propelled
Southwest Airlines saw a decrease of approximately 4% in premarket trading following the announcement of a revised second-quarter revenue forecast. The airline attributed this change to shifting booking patterns, with revenue per available seat mile expected to decrease by 4% to 4.5% compared to the previous year. In addition to the revenue forecast adjustment, Southwest