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  • Locid electric car production nears the bottom

Locid electric car production nears the bottom

The company expects to produce more than 10,000 cars. After a sluggish start to the year, Locid Group Inc. was aiming for the bottom of its yearly production plan, the…

Investors turn to gold and technology.

Shares of tech stocks skyrocket on global stock exchanges. Investors are likely to pick gold and technology equities because they are predicted to offer protection against a potential US recession…

Warren Buffett can outperform the market.

Recession risk pushes investors to buy defensive stocks. Financial experts and everyday investors think Berkshire Hathaway Inc. is priced far above the US market because they expect the conglomerate to…

Technology and AI are driving job cuts.

The technology could cut 26 million jobs within five years. As the demand for clerical work declines and the demand for computer and cybersecurity specialists increases, technologies like artificial intelligence…

Tesla raises prices in China.

The company raises prices on China’s best-selling premium models. It follows this week’s price increases by Tesla for the Model 3 and Model Y in China and other markets, including…

Gold is set for a good week.

Bullion is up 3% and close to an all-time high. As increasing concerns about the US banking industry prompted wagers that the Fed could have to lower rates earlier than…

Volkswagen’s profit beats expectations.

The automaker aims to rebuild China with its lineup. In the first quarter, Volkswagen AG outperformed forecasts thanks to increasing shipments and robust demand in the US and Europe, which…

Morgan Stanley and UBS opt for bonds.

The yield gap between bonds and stocks has begun to widen again. The danger of a recession makes debt securities a safer investment, according to strategists at JPMorgan Chase Co.…

Samsung Bans AI After Data Leak Discovered

Employees accidentally leaked sensitive data via ChatGPT. After learning that staff members were posting private code to the platform and impeding the adoption of such technology in the workplace, Samsung…

The history and aspirations of ChatGPT

ChatGPT has emerged as one of the most significant advancements in the area of artificial intelligence in the modern digital world, where technology is developing quickly. This artificial intelligence model…

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