While conventional wisdom holds that rising interest rates harm tech and other growth firms by increasing the cost of borrowing money to fuel fast development, recent experience shows otherwise.
While conventional wisdom holds that rising interest rates harm tech and other growth firms by increasing the cost of borrowing money to fuel fast development, recent experience shows otherwise.
Football has returned, and it will be the first season in decades without legendary NFL quarterback Tom Brady, who announced his retirement earlier this year after 23 years on the field. Brady soon put such suspicions to rest after tearing his Achilles tendon in his first game with the New York Jets.
Despite most firms lacking an artificial intelligence (AI) strategy, more than half (56%) of U.S. employees stated they utilize generative AI (GenAI)
The cloud industry is expected to grow at a compound annual growth rate of 14% through 2030, reaching $434 billion in 2022. The sector has exploded in recent years, fueled by hundreds of organizations adopting hybrid work methods in the midst of the COVID-19 epidemic. Meanwhile, improvements in artificial intelligence (AI) during the previous year gave the sector a boost.
According to a study that was released on Friday, the level of optimism among consumers in the United States saw a moderate decline in the month of August.
This week, the stock market surge came under strain, with the Nasdaq leading a sell-off as Treasury rates soared to 2023.