ChatGPT is a big deal. The tool seems pretty knowledgeable in areas where there's good training data for it to learn from. It's not omniscient or smart enough to replace all humans yet, but it can be creative, and its answers can sound downright authoritative.
Chat GPT technology has been making waves in various industries. It has the potential to streamline roles and fundamentally change how people create value. At the same time, there are concerns about its impact on human employment.
What is the impact of ChatGPT? One of the primary advantages of Chat GPT is that it can provide users with real-time, personalised responses. Because the model has been trained on large amounts of data, it can understand and respond to specific questions or requests in a more human-like manner
What are the benefits of ChatGPT? The biggest benefit of using ChatGPT is the speed at which you can get results. If you were a small business or entrepreneur with limited resources to produce content quickly, I can see how ChatGPT would be an attractive option for creating content
As explained by Mr Benjamin Low the Malaysian gov has to accept the blockchain eventually as we are still behind and China is way ahead in this digitalization.
Stocks Rebound to Snap S&P 500’s Four-Day Selloff Stocks erased losses, with the S&P 500 rising 0.5% and breaking its longest losing streak this year. The Dow industrials gained more than 100 points
JP Morgan - initiate coverage of MYEG, an e-government and IT service provider, with an OW rating and Dec-23 PT of RM1.00 (46% potential upside). s. MYEG recently lost 40% equity value due to the reported risk of it potentially losing its Malaysian concessions post 2025. However, it derives only 15-20% of revenue from government concessions, while the rest is ancillary income, which has a sticky user base. MYEG has advanced to blockchain technology to future proof-its revenue and cut concession reliance. We expect earnings growth of 12/24% in FY23/24E, led by the return of FW and its China customs project...
banyak startups dalam myeg... satu per satu spin off macam agmo... syer diagihkan kpd pemegang syer myeg macam syer agmo percuma...genuine bizman tak macam hidden hand geng sapu licin pemegang syer minoriti
S&P 500 snaps 4-day losing streak as stocks end choppy session higher.
Last Updated: Feb. 23, 2023 at 4:30 p.m. ET
U.S. stocks ended a choppy session higher on Thursday, with the S&P 500 snapping its longest losing streak of the year as investors parsed data on the state of the economy and labor market and weighed the outlook for future rate increases by the Federal Reserve.
A big gain for shares of Nvidia Corp. helped buoy the Nasdaq Composite and S&P 500 after the chip maker reported upbeat earnings results.
How stocks traded
The S&P 500 SPX, +0.53% rose 21.27 points, or 0.5%, to end at 4,012.32.
The Dow Jones Industrial Average DJIA, +0.33% gained 108.82 points, or 0.3%, to finish at 33,153.91.
The Nasdaq Composite COMP, +0.72% advanced 83.33 points, or 0.7%, ending at 11,590.40.
Stocks fell Wednesday as investors digested the minutes of the Fed’s latest policy meeting. The Nasdaq Composite is up 9.9% so far in 2023, but remains down 28.3% from its record high seen in November 2021.
What drove markets
U.S. stocks finished higher on Thursday after wavering for much of the session, with the technology sector paced by a 14% jump by shares of Nvidia Corp. NVDA, +14.02% following the graphics-chip specialist’s well-received results.
The moves came a day after the release of the minutes of the Fed’s previous meeting, which showed little sign the central bank’s determination was wavering.
David Russell, vice president of market intelligence at online brokerage TradeStation, said both the markets and the Fed are in a “wait and see period” until the release of a slew of February economic data, which is due out ahead of the Fed’s March 21-22 meeting, provides a more in-depth glimpse to the state of the economy.
“Nobody really knows if the Fed is nearing the end or needs to get more aggressive again,” said Russell. “I believe that we will have greater clarity on that in the next three to four weeks, because we’re going to have [Fed Chair] Jerome Powell in Congress on March 7. We’re going to have [February] nonfarm payrolls on the 10th, CPI on the 14th, and then, on March 22, we get the dot plot.”
The U.S. Senate’s banking committee will hold its semiannual hearing on the Federal Reserve’s monetary policy report on March 7, when Powell is expected to deliver a policy update to Congress.
Wall Street’s early 2023 rally has faded in recent sessions as investors become more concerned that robust economic data of late will encourage the Federal Reserve to keep interest rates higher for longer, as it tries to crush inflation that continues to run at three times its 2% target.
“While we are staring into the great unknown of the impacts of quantitative tightening and an aggressive Fed policy pace, we don’t think you need to go far out on the risk curve to do well and the odds are not in your favor based on past hiking cycles,” noted Alexandra Wilson-Elizondo, head of multiasset retail investing at Goldman Sachs Asset Management.
“In the next few months, we think U.S. equities will be trapped between strong but declining demand and a loosening but still tight labor market.”
However, 2-year U.S. government bond yields TMUBMUSD02Y, 4.695%, which are particularly sensitive to Fed policy, and which earlier this week flirted with their highest level since 2007, were a touch softer on Thursday.
U.S. economic updates released on Thursday included the weekly initial jobless claims report. The data showed the number of Americans applying for unemployment benefits fell by 3,000 to 192,000 in the week ending Feb. 18, according to Labor Department released Thursday. That’s the sixth straight week below 200,000, which is a signal of a strong labor market.
Meanwhile, the economy grew a touch slower at a 2.7% annual pace to finish off 2022, revised government figures show, largely because consumers cut back on spending.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
limitup4u
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Posted by limitup4u > 2023-02-23 18:44 | Report Abuse
Monday up and following 2 day down. Today up and .... ???