Month: December 2024

Lithium supply chain dreams short-circuited

[ad_1] Kent Masters, CEO of Albermarle, the world’s largest lithium producer, says it is not economically viable under current market conditions to pivot critical North American and European mineral supply chains away from China. expressed concern. “We were trying to…

The fund manager uses ChatGPT technology to measure net zero equalization

[ad_1] Acadian Asset Management has unveiled a new AI-based tool that can be used to analyze company reports and predict the likelihood of a business meeting its sustainability goals. According to the global fund manager, the Acadian Net Zero Alignment…

Warner Discovery bounces back with new NBA settlement

[ad_1] Warner Bros. Discovery has reached a settlement with the NBA, resolving a legal dispute over television rights and securing an 11-year deal that reduces domestic broadcast rights but maintains its presence in professional basketball. The new deal allows Warner…

India and an unexpected winner poised to benefit from Trump’s protectionist policies

[ad_1] Cameron Gleeson, senior investment strategist at Betashares, noted that India has taken a unique approach to development compared to many of its neighbors, which have traditionally relied on export-led growth models. Conversely, speaking in a webinar last week, Gleason…

230,000 new investors join crypto boom

[ad_1] Following Donald Trump’s victory in the November 5 presidential election, a combination of political and economic factors caused Bitcoin to soar above $90,000. The cryptocurrency reached an all-time high of $93,300 on November 13th. At the time of writing,…

FleetPartners accelerates despite profit growth

[ad_1] Fleet Partners Group (ASX:FPR) reported strong growth for the fiscal year ending September 30, 2024. The company is a prominent fleet management and vehicle leasing company with operations in Australia and New Zealand, serving both corporate and small fleet…

ChatGPT can predict stock price movements, study finds

[ad_1] In an extensive study published earlier this year, researchers found that ChatGPT outperformed traditional sentiment analysis methods for accurately predicting stock movements. “Our results suggest that incorporating advanced language models into the investment decision-making process can lead to more…

The MLC officially splits from the NAB

[ad_1] The transfer of the MLC MasterKey and Plum registers, along with their associated applications, from NAB to Insignia Financial is one of the largest wealth management spin-offs in Australia’s financial services history, the firm said in a statement on…

Older people bet on diversification to survive tough times

[ad_1] elders (ASX:ELD) announced its financial results for the year ended September 30, 2024. The company reported a difficult year, particularly in the first quarter, marked by volatile market conditions and weak customer sentiment. The company is a leading agribusiness…

US equity earnings growth to slow to 15% in 2025, but outlook remains positive

[ad_1] US stocks stand out, with equity markets up 25 percent in 2023. and climbed to new highs in the third quarter of 2024. That rally was supported by solid U.S. economic growth, around 3 percent year-on-year, and inflation falling…