Monthly Archives: April 2023
Markets Cautious Ahead of Earnings Season
Written on April 17, 2023 at 5:47 am, by lishitong
Equities are muted as markets await the expected volatility of the earnings season US index futures cautiously climbed during the Asian market session, signalling investors’ apprehension ahead of the upcoming earnings season. Against the backdrop of growing concerns over economic slowdown and the possibility of further rate hikes, market volatility is expected to remain high,Continue Reading
Alibaba to roll out AI Tech to rival ChatGPT
Written on April 17, 2023 at 4:57 am, by lishitong
Alibaba Cloud has unveiled its AI chatbot, Tongyi Qianwen The Chinese tech giant, Alibaba Cloud, unveiled an AI-driven chatbot Tongyi Qianwen that will gradually become available across all Alibaba products, from enterprise communication to e-commerce, in the coming period. The chatbot will possess Chinese and English language capabilities and will be initially deployed on DingTalkContinue Reading
Rate Hike Expectations Falter as PPI Plummets
Written on April 14, 2023 at 6:12 am, by lishitong
The US Producer Price Index came in lower than expected The US Federal Reserve’s rate hike expectations have continued to wane amid a flurry of lacklustre economic data. The latest blow to inflationary pressures came from the Producer Price Index (PPI) released by the Bureau of Labor Statistics, which displayed a significant drop in annualisedContinue Reading
