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The AI bubble has further to run despite the looming crash

As tech firms make huge profits and investors fear losing out, both are doing their best to hold off the day of reckoning

The Guardian - UK

Iran Hits Gulf Tanker, Dow Drops 784 Points: Stock Market Today

Iran Hits Gulf Tanker, Dow Drops 784 Points: Stock Market Today

Stocks sink and fear rises as the conflict in the Persian Gulf escalates toward total war.

The stock market gauge named after Warren Buffett just hit an all-time high, signaling a severe warning worse than the dot-com bubble

The stock market gauge named after Warren Buffett just hit an all-time high, signaling a severe warning worse than the dot-com bubble

The metric, which compares the market cap of publicly traded companies to GDP, is higher than ever.

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The Federal Reserve is about to cut rates … but by how much?

The move is widely expected – but will still be studied closely as dark clouds loom on the US horizon

The Guardian - UK

Experts are warning of a global recession. Here’s what that actually means

While warning about a 25 percent chance of an economic downturn, Goldman Sachs said the US economy remains “fine overall,” and that the recession risk is “limited”

The Independent UK

Warning signs of US recession may be bad news for Kamala Harris

Cracks in labour market provide Trump with evidence for his message that Biden has been disaster for the economy

The Guardian - UK

The AI revolution is coming. Invest in $10,000 handbags

Analysis shows LVMH, Dior, Hermès and Gucci owner Kering have consistently outperformed Amazon, Google and Apple

The Guardian - UK

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Don’t bet on the A.I. boom leading to massive profits. Just look at the tech bubble of the 1990s, a top strategist warns

Don’t bet on the A.I. boom leading to massive profits. Just look at the tech bubble of the 1990s, a top strategist warns

The 1990s tech bubble shows that innovative technologies alone can’t guarantee profits.

The strategist who called a recession after the regional banking crisis says it already happened and nobody noticed

The strategist who called a recession after the regional banking crisis says it already happened and nobody noticed

The catch is it's global. The heated debate about a U.S. recession is a moot point. The much bigger story is that a typical world recession has likely already started."

Silicon Valley Bank’s collapse will not be a one-off – a banking crisis was long overdue

Silicon Valley Bank’s collapse will not be a one-off – a banking crisis was long overdue

We now know what happens when central banks raise rates and reverse QE

The Guardian - UK

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