Revenues from Apple, Amazon and Alphabet are coming. Here’s what the stock option market is gearing up for.

Revenues from Apple, Amazon and Alphabet are coming.  Here’s what the stock option market is gearing up for.

The options market braced for bigger-than-usual moves in the shares of a trio of trillion-dollar companies the day after quarterly earnings were released. This is because the implied volatility, or how much a stock can be expected to move over a certain period, of shares of Apple Inc. AAPL, +3.40%, Alphabet Inc. GOOGL, +6.96% and … Read more

ChatGPT sets record for fastest growing user base – analyst note

ChatGPT sets record for fastest growing user base – analyst note

Feb 1 (Reuters) – ChatGPT, OpenAI’s popular chatbot, is estimated to have reached 100 million monthly active users in January, just two months after its launch, making it the fastest-growing consumer app the fastest in history, according to a UBS study on Wednesday. The report, citing data from analytics firm Similarweb, says around 13 million … Read more

Opinion: Zuckerberg and Intel are shipping the proceeds of their layoffs straight to Wall Street

Opinion: Zuckerberg and Intel are shipping the proceeds of their layoffs straight to Wall Street

For years, Wall Street has complained about Silicon Valley’s refusal to pay dividends and buy back shares as tech companies become cash-generating machines. That’s no longer a problem, even though these tech companies are generating less profit than they did in previous years. In fact, some tech companies are essentially paying off Wall Street even … Read more

AI art generators can simply copy existing images

AI art generators can simply copy existing images

The right image was generated by taking the training data caption for the left image “Living in the Light with Ann Graham Lotz” and then feeding it into the Stable Diffusion prompt. Picture: Cornell University/Extracting Training Data from Diffusion Models One of the main defenses used by those who are optimistic about AI art generators … Read more

Wall St rallies as Fed’s Powell nods to easing inflation after rate hike

Wall St rallies as Fed’s Powell nods to easing inflation after rate hike

The Federal Reserve raises rates by 25 basis points Powell says for the first time disinflation has started Indices up: Dow 0.02%, S&P 1.05%, Nasdaq 2% Feb 1 (Reuters) – The S&P 500 and Nasdaq closed sharply higher on Wednesday after Federal Reserve Chairman Jerome Powell acknowledged that inflation was starting to subside, in remarks … Read more

Bitcoin price rises along with other risky assets. Thanks Fed.

Bitcoin price rises along with other risky assets.  Thanks Fed.

Text size Bitcoin rose to start the year, but there are reasons to believe the gains may be unsustainable. The time of dreams Bitcoin and other cryptocurrencies rose along with other risky assets on Wednesday after the Federal Reserve raised rates by a quarter point. This is another rate hike, but a marked slowdown in … Read more