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ČSOB to publish first quarter 2024 results: what do you expect?
- Československá obchodní banka (ČSOB), one of the largest banks in the Czech Republic, will announce today its financial results for the first quarter of this year.
- Last year, the net profit of the ČSOB Group reached CZK 15.4bn, up 6% year-on-year. At the same time, the volume of assets under management of the… citește mai mult
INTERESTING FACTS AND STATISTICS ABOUT AI
- The AI market size is expected to reach $407 billion by 2027.
- By 2030, AI is estimated to have a 21% net increase in US GDP.
- More than 75% of consumers are concerned about misinformation from AI.
- Within the first five days of becoming available, ChatGPT had 1 million users.
- 64% of businesses expect AI to increase productivity.
WHAT DO YOU THINK OF THIS MOVE BY $ARM?
-Arm Holdings $ARM+0.0% plans to develop artificial intelligence (AI) chips and bring the first products to market in 2025.
- Establishing a division: Arm Holdings will establish a division focused on developing AI chips, which will be based in the UK, while mass production is expected to begin in the autumn of that year.
MAKRO WINDOW
- Czech Banking Association (CBA) has improved its estimate of the domestic economy's growth this year to 1.4%.
- The CBA expects the economy to grow by 2.7 percent next year.
- Inflation should fall to 2.3% this year and remain similar next year.
- These figures are based on the CBA's macroeconomic forecast published today.
- In its February forecast, the CBA projected… citește mai mult
Abbott Laboratories beat expectations with a quarterly profit thanks to strong medical device sales.
Sales of glucose monitoring products were particularly strong.
An increase in demand for medical interventions supported overall growth.
Annual earnings of 98 cents per share beat analysts' estimates by 3 cents.
Abbott Laboratories $ABT-0.5% raised its full-year forecast to $4.55 to… citește mai mult
MORTGAGE GROWTH AND A RECOVERY IN THE PROPERTY MARKET.
Positive market recovery - Recent data confirms the continued year-on-year growth in interest in buying property. This indicates stabilisation and improvement in the economic situation, leading to greater consumer confidence and willingness to invest in property.
Growth in the number of mortgage loans - The volume of new… citește mai mult
Have you seen 5.4% growth in $BABA+0.3%? This growth also led to a 2% increase in the Hang Seng Index, which reached a monthly high, as well as$BABA+0.3% itself .
Are you investing in this company?
Alibaba
BABAHow do you see $TSLA-1.5%stock going forward? For Q1 2024, the company's stock has written down 30%. Are you buying, holding or selling?
I've thought about cocoa, but I don't know anything about it, so I'd have to look into it and then possibly find some commodity ETFs.