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Ookh Digital-First Jewelry Startup Brilliant Earth Opens 40% up After Downsized IPO
Just saying AI 15 times is not going to cut it anymore. So said Stuart Kaiser, head of U.S. equity trading strategy at Citi, speaking to the Financial Times FT Wednesday June 19 about the state of artificial intelligence AI investments.As that report noted, most of the stocks that jumped amid last years AI hype have dropped this year, a sign that investors could be growing more selective in backing companies that claim to benefit from the rise of artificial intelligence.According to the FT, huge rallies by firms like Nvidia 鈥?now the most valuable public company in the world 鈥?have triggered a debate about whether the U.S. stock market is being fueled by speculative hype. AI is still a big theme, but if you cant demonstrate evidence, youre getting hurt, said Kaiser.The report said around 60% of stocks in the SP 500 have gone up this year, but more than half the stocks stanley cup nz included in Citis AI Winners Basket have declined. Last year, more than 75% of companies in that group had risen. Investors are looking a bit more at the earnings story among AI names, Mona stanley germany Mahajan, senior investment strategist at Edward Jones, told t stanley italy he FT. The differentiator with something like a Nvidia is they have delivered on the bottom line, showing real data. Elsewhere on the AI front, PYMNTS wrote Tuesday June 18 about a problem vexing businesses: AI systems that confidently offer up plausible but inaccurate information, a phenomenon often referred to as hallucinations. As companies inc Xkjl US Firms Ready To Spend This Quarter: AFP
Given the fresh popularity boost that Apple Pay has given NFC, concerns about the transmission use outside of Apple Pay has raised security concerns. Two companies, 聽Oberthur Technologies and Mobeewave, are leveraging those fears and have rolled out a product designed to turn any NFC device using Oberthur PEARL eSE into a secure mPOS.The companies initially released no details about how their product would do this when they announced on Nov. 12. Mobeewave is the market leader of NFC mPOS services based on its unique end-to-end software solution while OT has unbeatable market reach with OEMs and Banks, over and above its TSM capabilities, said C茅dric Collomb, Managing D stanley polska irector of the Telecom Business Unit at OT. The combination of the assets of our two companies will allow us to offer a unique and value-add mPOS solution. When one sees that most of the banks are looking into limiting cash management, si stanley kubek mplifying their logistics chain and reducing internal costs, the solution we provide is a blessing for them. It helps banks and payment service providers to push new offers on the market by leveraging on their customer devices while also generating more transactions by simplifying the act of payment said Benjamin du Ha每s stanley mugs , CEO co-founder of Mobeewave. |
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