Argentine President Javier Milei delivered a passionate and confrontational speech to Congress, outlining his plans to overhaul the country’s economic system. In his state-of-the-union address, Milei expressed his determination to drive forward with reforms, regardless of the support of the legislature. This bold and aggressive stance reflects Milei’s commitment to implementing significant changes to address
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Roberto Cingolani, the CEO of Leonardo, expressed his concerns about the misuse and lack of control by users of artificial intelligence rather than the technology itself. He emphasized that artificial intelligence is a neutral tool created and controlled by humans. Cingolani highlighted the importance of human responsibility in using AI technology, pointing out that the
Interactive Brokers Group, a leading global electronic brokerage firm, has recently announced its monthly performance metrics for February, highlighting significant increases in various key areas of its operations. The company recorded a 15% year-over-year surge in Daily Average Revenue Trades (DARTs), totaling 2.443 million. This figure also represents an 11% increase from the previous month,
The latest report from the Federal Reserve has highlighted “notable” vulnerabilities on the financial stability front. The Fed pointed out that the stresses banks faced last spring have diminished, but the risks associated with borrowing levels remain a concern. The report emphasized that declines in the fair values of fixed-rate assets have been significant relative
Europe’s benchmark index reached a new record high on Friday, fueled by rate-sensitive stocks that captured the attention of investors. Despite data indicating that core prices remained high, market participants continued to celebrate positive corporate earnings that contributed to the index’s surge. The pan-European STOXX 600 closed 0.6% higher, marking its sixth consecutive weekly gain.
In a recent interview at the Mobile World Congress tech trade show in Barcelona, Spain, Salesforce’s chief ethical and humane use officer, Paula Goldman, expressed her optimism about the future of AI regulation in the United States. She believes that there is momentum towards concrete AI laws and that federal legislation is not far off.
The S&P 500 and Nasdaq saw a significant climb on Friday, largely driven by the gains made by chipmakers in the market. The tech-heavy Nasdaq came close to hitting its all-time intraday peak, thanks to a record closing high in the previous session. The surge in the index has been attributed to the AI frenzy
The performance of Legendary/Warner Bros’ Dune Part Two in previews has been remarkable, with the film grossing over $12 million in previews from 4,500 locations. This strong preview performance is a significant indicator of audience interest and anticipation for the movie. Imax screenings alone accounted for a substantial portion of the preview earnings, with $4.5
Elon Musk is taking legal action against Microsoft-backed OpenAI and its CEO, Sam Altman, stating that they have strayed from the original mission of developing artificial intelligence for the betterment of humanity. Musk was initially approached by Altman and OpenAI’s co-founder Greg Brockman in 2015 to create a nonprofit organization dedicated to the development of
Brazil ended 2023 with economic growth of 2.9%, exceeding initial expectations from economists. This growth was largely attributed to the positive impact of agriculture, booming exports, a resilient job market, and welfare programs that boosted consumption. However, the fourth quarter showed a slowing trend, hinting at potential challenges that may hinder growth in 2024. Economists