Telecommuting is the ability for an employee to complete work assignments from outside the traditional workplace by using telecommunications tools. E.g. Work form home, remote working and mobile working. The Telecommuting concept includes major US-listed companies that offer telecommuting technologies.
AI dreams, Silicon Valley persists, while Wall Street hesitates.
"Follow the money" on Wall Street believes that AI technology has not yet reached the expected level of practicality, investing too much not only fails to recover costs, but also easily triggers a bubble. However, technology giants in the midst of the AI whirlpool are still frantically investing money, aiming for a future.
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Technology stocks encountered a "Black Wednesday", USA's "hard landing" should not be ignored!
Some popular recession indicators are continuously alarming, and the yield curve has been inverted for two years, releasing recession signals of unemployment rate. The market is paying attention to whether the second quarter GDP to be released on Thursday will trigger a red light warning.
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AI facing more difficulties? OpenAI may suffer a huge loss of 5 billion US dollars this year and need more financing.
If AI companies are unable to reduce the cost of developing and running AI, do they have to choose to charge a higher price? However, the industry is confident that the cost of reasoning will continue to decrease significantly.
ATRIPWMT : The simple explanation is that we are still above average for the year in returns for both the Nasdaq & S&P500. Hence a correction in the short term is required. And now that fixed income is giving a higher return than average over the past 10 years, more money will willingly flow there at the sign of any trouble in the broad equity market. Whether this flow is temporary or permanent remains to be seen and will depend heavily on the GDP outlook of the economy as a whole. The risk free premium offered by fixed income looks better place to stash funds than the equity market at the moment.
mer36OP : yes ..