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BREAKING: A strong intraday reversal by apple stock $AAPL
After they announced they have CANCELLED their work on designing an electricvehicule to focus on artificialinteéligence.
Artificial Intelligence is projected to increase the GDP by 130% according to Cathie Wood's Ark Investment Management
This is significantly higher than all major advances in technology including the Steam Engine and the Internet. Source: Barchart, Ark Invest
A nice visual by Visual Capitalist.
There's $450 Trillion in Global Wealth. There are 60 million millionaires. Forecast to be 86 million millionaires by 2027. The number of people in the lowest wealth range has fallen dramatically. The middle class doubled since 2000. https://lnkd.in/eVpj_Uk8
Reckitt Benckiser on major support zone
Reckitt Benckiser (RKT LN) is down 10% today on earnings ! It's testing major support zone 5130-5390. This zone has rebounded 6 times since 2015, so keep an eye at it over the next days. Source : Bloomberg
Valuations today:
Apple: $2.8 trillion BlackBerry: $1.5 billion Valuations 15 years ago: Apple: $79 billion BlackBerry: $28 billion Source: Jon Erlichman
Berkshire Hathaway's Japanese Investment Are Starting To Pay Off
Source : chartr, yahoofinance
Wendy’s might try Uber-style surge pricing for burgers
Wendy's wants to use new digital menu boards to change prices based on overall demand. Wendy's will start experimenting with surge pricing, much like Uber and Lyft, as the company rolls out digital menus to all its United States restaurants by 2025. source : quartz
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