Markets

Shark Tank investor Kevin O’Leary told Insider he’s now evenly dividing his queries between ChatGPT and Google.  He said that, six months ago, he would use Google 100%, but now its only about 50% of the time. “The AI search wars are on.”  Loading Something is loading. Thanks for signing up! Access your favorite topics… Continue reading Shark Tank’s Kevin O’Leary says he’s increasingly turning to ChatGPT instead of Google

The Philadelphia Eagles and the Kansas City Chiefs will face off in Super Bowl LVII on Sunday in Arizona.  An analyst said historic data suggests a win by an NFC team will produce a 10% return for the S&P 500 this year.  That means the NFC champ Eagles would drive bigger stock gains than the… Continue reading Want the S&P 500 to gain 10% this year? A Super Bowl win by the Philadelphia Eagles may be your best bet

Home prices could fall by 9% this year as the Fed powers ahead with rate hikes, according to a Mortgage Bankers Association board member.  That may also entail trading volumes in the housing market sliding to 40-year lows, real-estate veteran Jeff Taylor said. His view comes despite 30-year mortgage rates retreating almost 100 basis points… Continue reading US home prices are heading for a further drop this year even though mortgages are getting cheaper, a housing market expert says

Insider asked OpenAI’s ChatGPT to weigh in on whether the US dollar or China’s yuan would be the world’s dominant currency in the future.  The chatbot asserted that a “multipolar” system was likely, instead of a system dominated by one or two currencies.  ChatGPT also noted the rise of both the euro and yuan in… Continue reading ChatGPT predicts US dollar dominance will give way to a multipolar currency system as China’s yuan gains influence

Sam Bankman-Fried’s psychiatrist was also employed as FTX’s in-house performance coach, according to the Journal. Dr. George Lerner didn’t just focus on careers, but the dating lives of FTX employees as well.  The 46-year-old tried to arrange social mixers for staff in the Bahamas.  Loading Something is loading. Thanks for signing up! Access your favorite… Continue reading Meet Sam Bankman-Fried’s psychiatrist, the Silicon Valley doctor who became FTX’s in-house coach and helped staffers with their dating lives in the Bahamas

ChatGPT has drummed up too much hype around AI, according to Ned Davis Research strategist Pat Tschosik. Tschosik says frenzied investing in obscure AI companies reminds him the 2001 dot-com boom and bust. The rally in AI stocks will probably run until about mid-year before stock prices return to earth, he said. Loading Something is… Continue reading Sorry investors, the AI hype that’s gripped the stock market is premature and the bubble will probably burst this year

David Rubenstein predicted stubborn inflation and warned recession fears can freeze markets. The Carlyle billionaire forecasted a rebound in dealmaking after a muted year in 2022. Rubenstein touted the private equity’s industry track record and global growth opportunities. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while… Continue reading Billionaire investor David Rubenstein predicts stubborn inflation and warns recession fears can freeze markets. Here are his 6 best quotes from a new interview.

Shark Tank investor Kevin O’Leary sat down with Insider to discuss the booming artificial intelligence sector.  He said by the end of the year, AI will likely have a 3.5% weighting in his investment portfolio.  The media personality also shared details of his potential investment in ChatGPT parent OpenAI. Loading Something is loading. Thanks for… Continue reading Shark Tank’s Kevin O’Leary breaks down how he plans to invest in artificial intelligence – and why Google is losing the war sparked by ChatGPT