AI Makes Strides in Virtual Worlds More Like Our Own

That’s not to say the work is finished. “It’s much less real than the real world, even the best simulator,” said Daniel Yamins, a computer scientist at Stanford University. With colleagues at MIT and IBM, Yamins co-developed ThreeDWorld, which puts a strong focus on mimicking real-life physics in virtual worlds — things like how liquids… Continue reading AI Makes Strides in Virtual Worlds More Like Our Own

Something Snaps In The US Labor Market: Full, Part-Time Workers Plunge As Multiple Jobholders Soar

Something odd emerges when looking at the June payrolls report. On one hand, the closely followed establishment survey came in red hot, and despite dropping modestly from May, it still printed some 100K above the median consensus expectation, printing at 372K… … and with wages coming in line, rising 0.3% M/M or 5.1% Y/Y, it… Continue reading Something Snaps In The US Labor Market: Full, Part-Time Workers Plunge As Multiple Jobholders Soar

The 2022 House Midterm by the Numbers

Midterm elections involve high stakes, a great deal of groundless guessing, and lots of numbers – oddly similar to lotteries. Unlike lotteries, though, the many numbers associated with midterm elections are meaningful. The six meaningful midterm “lotto” numbers below should help historically ground your anticipation of what is likely or unlikely to happen in this… Continue reading The 2022 House Midterm by the Numbers

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Stock Rating: What They Are & Why They Are Important

The stock market is a complex system made up of intricate technologies and a variety of participants, which include investors, market makers, traders, hedgers, speculators, financial experts, and analysts. Some of the most highly regarded individuals in the stock market world are analysts who spend their time researching companies. These analysts earn a living by sharing their opinions… Continue reading Stock Rating: What They Are & Why They Are Important

“The Debate Is Over”: Morgan Stanley Unloads On The Dismal State Of The US Consumer

Yesterday, we reported that in Morgan Stanley’s Sunday Start note, the bank’s chief US equity strategist, Michael Wilson, wrote that while valuations have corrected a lot this year, this was all due to higher inflation and a more hawkish Fed. At the same time, the Equity Risk Premium (ERP) still does not reflect the risks… Continue reading “The Debate Is Over”: Morgan Stanley Unloads On The Dismal State Of The US Consumer

Musk Amasses 100 Million Twitter Followers: 5 Tweets He Should Post Now

Elon Musk surpassed 100 million Twitter followers this week, making him one of the most influential voices in America — if not the world. The dynamic Tesla CEO has now amassed more followers on the social media platform than President Joe Biden, who has 34 million followers, a fraction of his predecessor Donald Trump, who… Continue reading Musk Amasses 100 Million Twitter Followers: 5 Tweets He Should Post Now

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Why Do Brokers Make You Sign Market Data Agreements?

Have you ever signed up for a brokerage account or downloaded a stock screener, only to be forced to sign contracts about market data from a stock exchange? Pretty confusing, I know. After all, if you’re signing up for a Charles Schwab account, why are you signing contracts with the New York Stock Exchange or… Continue reading Why Do Brokers Make You Sign Market Data Agreements?

How Are the Bees?

Chelsea Cook grew to love the low hum of the honeybees she studied as a graduate student in Boulder, Colorado. Their characteristic buzz, she learned, was audible cooperation, the result of worker bees fanning their wings at the colony’s entrance to circulate the air and cool the hive. Cook often watched as the insects responded… Continue reading How Are the Bees?

Musk Says Q2 Has Been A “Tough Quarter” For Tesla In Internal Email

Elon Musk is apparently already lamenting what is going to a “tough quarter” for the company – though warnings like these in the past have sometimes appeared to be Musk setting low expectations for the market so the company’s numbers simply don’t look as bad. We won’t know until Tesla reports its Q2, but for now one… Continue reading Musk Says Q2 Has Been A “Tough Quarter” For Tesla In Internal Email