Entering into 2024, the trade playbook maybe distinguish from last year, the following contrarian notions may be helpful for you.
Drugmakers are closing out a year when they achieved several historic firsts , including weight loss drug, that will shape the pharmaceutical industry in 2024 and beyond. The weight loss drug market is transforming.
If characterizing the current state of EV market, it is going from optimistic to realistic. You can see waning demand, growth is still there, but it is not growing at the rate which everybody expected.
It's arguably the biggest stock story of 2023: a small number of giant technology companies now make up a very large part of big indexes like the S&P 500 and the Nasdaq-100. Five companies (Apple, Microsoft, Amazon, Nvidia and Alphabet) make up about 25% of the S&P 500. Six companies (Apple, Microsoft, Amazon, Nvidia, Alphabet and Broadcom) make up about 40% of the Nasdaq-100.
There is still some momentum heading into the year end. The latest CPI report helped neutralize the Fed risk for now.Is the bear case dead? At least through the end of the year. The fact we have neutralized Fed risk given the inflation print, which can spike the positioning chase through the end of the year.
Since post-pandemic, China has been struggling to stimulate its economy, which is not yet out of the woods.
Relations between US and China have been watched closely, especially over the last few years, tensions between the two countries are increasingly intensifying.
The debate about recession or soft landing is hot right now.
The new round of AI arm race is heating with Intel unveiling new computer chips recently, including Gaudi3, an artificial intelligence chip for generative AI software. Gaudi3 will launch next year and will compete with rival chips from Nvidia and AMD that power big and power-hungry AI models.
The most prominent AI models, like OpenAI's ChatGPT, run on Nvidia GPUs in the cloud. It's one reason Nvidia stock has been up nearly 230% year to date while Intel shares have risen 68%. And it's why companies like AMD and, now Intel, have announced chips that they hope will attract AI companies away from Nvidia's dominant position in the market.
Google recently announced MedLM, a suite of new health-care-specific artificial intelligence models designed to help clinicians and researchers carry out complex studies, summarize doctor-patient interactions and more.
The move marks Google's latest attempt to monetize health-care industry AI tools, as competition for market share remains fierce between competitors like Amazon and Microsoft. The companies that have been testing Google's technology, like HCA Healthcare, and experts say the potential for impact is real, though they are taking steps to implement it carefully.
When A.I. emerged in early 2023, it sent shock waves through the whole world, including igniting fear among employees because they believed human ultimately will be replaced by A.I.. Relevant data indicated that 300 million jobs around the world stand to be impacted by AI and automation, reflecting the advancement of A.I. trickling its way into the workplace.
A year later, A.I. has been proved that in many cases, it's going to be changed rather than lose. There's an important distinction to be made more broadly when A.I. comes to the job market.GPT is a mathematical or statistical model designed to learn patterns and provide outcomes. But other forms of generative AI can go further, reconstructing different outcomes based on patterns and learnings, and almost mirroring a human brain.
