The loss in 2022 surpassed the previous record from 2008 Inflation and geopolitical tensions remain risk factors Record flow of funds from the oil and gas industry OSLO (Reuters) – Norway’s wealth fund, one of the world’s largest investors, posted a record loss of 1.64 trillion crowns ($164.4 billion) for 2022, ending a three-year streak …
The Norwegian Wealth Fund records record losses of $164 billion Read More »
AT&T adds bonuses to subscribers General Dynamics Slips After Poor Expectations Tesla, IBM published results Indices: Dow Jones up 0.03%, Standard & Poor’s 500 down 0.02%, Nasdaq down 0.18%. NEW YORK (Reuters) – The Standard & Poor’s 500 Index closed nominally lower on Wednesday as a string of corporate earnings turned from dovish to dismal, …
The S&P 500 closed slightly in the red as weak corporate guidance fueled recession fears Read More »
January 23 (Reuters) – Microsoft Corporation (MSFT.O) On Monday it announced an additional multibillion-dollar investment in OpenAI, deepening ties with the startup behind the chatbot sensation ChatGPT and paving the way for more competition with rival Alphabet Inc. (GOOGL.O) The Google. Recently touting an artificial intelligence (AI) revolution, Microsoft is building on a bet it …
Microsoft is investing more in OpenAI as the technology race heats up Read More »
