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S&P 500's Record Highs, Davos AI Debate, Strong Consumer Data And Fed Bets: This Week In The Markets
Friday, January 19, 2024 - 5:42pm | 902The S&P 500 Index, as tracked by the SPDR S&P 500 ETF Trust (NYSE:SPY), achieved historic all-time highs during the last session of the week, marking a significant milestone following more than two years since its previous peak. Major tech stocks led the broader U.S. stock market's rebound...
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David Rubenstein Predicts 3 Fed Rate Cuts, Emphasizes Trump's Election Prospects: 'He's A Serious Political Force'
Friday, January 19, 2024 - 10:27am | 654At the World Economic Forum in Davos, David Rubenstein, co-chairman of the Carlyle Group and renowned philanthropist, offered predictions on interest rate cuts and the U.S. political landscape for 2024, including Donald Trump‘s rising prospects in the upcoming presidential election....
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Antony Blinken's Grounded Flight Intensifies Boeing's Crisis: Trust Plummets In Latest Survey
Thursday, January 18, 2024 - 4:52pm | 662Airplane manufacturer The Boeing Company (NYSE:BA) has faced a series of setbacks related to its popular Boeing 737 plane. Compounding the problems, a high-ranking Biden Administration official had to switch planes because of issues with a 737. What Happened: U.S. Secretary of State Antony Blinken...
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AI's 'Massively Destabilizing' Impact Needs More Human Oversight, Say Davos Leaders
Thursday, January 18, 2024 - 3:34pm | 980Bringing together a diverse mix of political figures and tech visionaries, the “Hard Power of AI” panel at the World Economic Forum in Davos delved into the profound influence of AI in our daily lives, emphasizing critical viewpoints on democratization, regulation, defense, and...
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Sam Altman At Davos: More Users Will Be Talking To Their Computers In 2024
Thursday, January 18, 2024 - 2:19pm | 815The World Economic Forum at Davos has become the latest stage for discussions on artificial intelligence, where the topic has been labeled a key issue in this year's gathering. Sam Altman, the CEO of OpenAI, is become one of the most prominent names in attendance at Davos, along with other high-...
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Uber, Tesla Team Up To Drive EV Adoption: Khosrowshahi Says Company Remains 'Totally Committed' To Electrification Despite Demand Concerns
Wednesday, January 17, 2024 - 5:11pm | 506Uber Technologies Inc (NYSE:UBER) is working with Tesla Inc (NASDAQ:TSLA) to encourage drivers to switch to electric vehicles. Uber CEO Dara Khosrowshahi believes more and more companies are going to have to work together to achieve electrification. What To Know: Axios on Wednesday...
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Chinese Premier Li Qiang Meets Jamie Dimon And Other Business Leaders At Davos: 'Investing In China Will Bring Huge Returns And A Better Future' (CORRECTED)
Wednesday, January 17, 2024 - 12:58pm | 622Editor’s note: the photo on this story was of the incorrect subject and has been replaced.In a bid to draw foreign investors, Chinese Premier Li Qiang interacted with top global business leaders at the World Economic Forum in Davos, Switzerland. What Happened: On Tuesday, Li met with the...
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Argentina's Milei Condemns Socialism At Davos, Warns Against 'Left-Wing Doctors' Attacking Capitalism
Wednesday, January 17, 2024 - 12:15pm | 757Argentine President Javier Milei delivered a fervent defense of free-market capitalism and issued a stark warning about the perils of socialism at the World Economic Forum Wednesday, invoking the economic principles of Nobel laureate Milton Friedman. “The Western world is in danger”...
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Blinken At Davos: US Strategic Vision On Middle East, Ukraine, And 'Most Complex' Relationship With China
Wednesday, January 17, 2024 - 11:19am | 817At the World Economic Forum 2024 in Davos, U.S. Secretary of State Antony Blinken, in a conversation moderated by New York Times journalist Tom Friedman, outlined America’s strategies for navigating the intricate web of Middle East tensions, the ongoing Ukraine conflict, and the delicate...
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US National Security Advisor Sullivan At Davos: 'Major Powers More Interdependent Than Ever'
Tuesday, January 16, 2024 - 3:13pm | 739U.S. National Security Advisor Jake Sullivan presented a clear vision for the U.S. in a rapidly evolving geopolitical landscape during an insightful exchange with Børge Brende, president of the World Economic Forum. Addressing key global issues, from the Ukraine conflict to U.S.-China relations,...
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Live From Davos: Ukraine Kicks Off 2023 World Economic Forum With Call To Action
Tuesday, January 17, 2023 - 10:15am | 386The Ukraine House kicked off its weeklong presence at the World Economic Forum in Davos, Switzerland with a call for assistance and contribution to United24. Launched by Ukraine President Volodymyr Zelenskyy, United24 is an effort to gather charitable donations. Thus far, Ukraine has raised $270...
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Medical Psychedelics Series At Davos To Showcase Clinical Efficacy Of Psychedelics To World Economic Forum Attendees
Thursday, May 19, 2022 - 2:26pm | 495This year, Davos, Switzerland, will host some of the world’s most prominent psychedelic industry leaders and researchers in a separate satellite event that will run parallel to the World Economic Forum. From May 21 through 26, the Medical Psychedelic Series at Davos will feature...
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Fintech Focus For January 29, 2021
Thursday, January 28, 2021 - 6:44pm | 1312Quote To Start The Day: Knowledge should be rewarded. Source: John Vitti One Big Thing In Fintech: The biggest challenge facing consumers in finance is a lack of trust; it’s tough to discern whether financial institutions are acting in the interest of customers and sharing their values. That...
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Cannabis Conclave Returning To Davos: Meet Benzinga At The Event
Tuesday, January 14, 2020 - 5:23pm | 235The Cannabis Conclave is returning to Davos on Jan. 23, alongside the World Economic Forum. The Conclave, which is hosted by the Consumer Choice Center and Prohibition Partners, is an industry event that seeks to connect industry leaders, investors and policy makers. The purpose of the event is to...
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Davos' Most Wanted Person: Anthony Scaramucci
Wednesday, January 18, 2017 - 1:00pm | 381Anthony Scaramucci holds many titles, including financier, entrepreneur and hedge fund manager. However, at the World Economic Forum in Davos, Switzerland, he is director of the Office of Public Liaison and Intergovernmental Affairs — which makes him a hot ticket in the ski resort town. In an...