LA Private

January 4, 2024

Nasdaq and Tech weakness pushes market to a fifth consecutive losing session

The Nasdaq Composite closed lower on Thursday for a fifth consecutive losing session — its longest losing streak since October 2022. The tech-heavy Nasdaq Composite dipped 0.56%. Since the Dec. 27 close, the index has lost nearly 4%. The S&P 500 slid 0.3% for a fourth losing day. The Dow Jones Industrial Average was the […]

Nasdaq and Tech weakness pushes market to a fifth consecutive losing session Read More »

The future of AI: Determining its impact on the economy

Economists are known for their mixed track record when it comes to predicting the future, and the tech industry often oscillates between enthusiasm and disillusionment with emerging technologies. Therefore, a degree of scepticism regarding pronouncements about the transformative power of artificial intelligence (AI) on the economy is warranted. However, recent technological advancements have fuelled speculation

The future of AI: Determining its impact on the economy Read More »

Goldman Sachs’ 2024 outlook

Goldman Sachs Asset Management has released its highly anticipated 2024 outlook report, entitled “Embracing New Realities”. This provides insights into the rapidly evolving economic landscape and the challenges and opportunities that lie ahead. Several key factors are reshaping the global economy. One trend is the commitment of major central banks to maintain higher interest rates

Goldman Sachs’ 2024 outlook Read More »

Alternatives to lithium-ion for a sustainable future

Lithium-ion batteries have become an indispensable part of our lives, powering everything from smartphones and laptops to electric vehicles. As we increasingly turn to renewable energy sources like wind turbines and solar panels to reduce our carbon footprint, the need for large-scale energy storage solutions becomes apparent. However, this growing demand for batteries raises concerns

Alternatives to lithium-ion for a sustainable future Read More »