XAU/USD Clings to Gains above $1,860, Focus Remains on US CPI Report
The gold price is in the midst of a resurgence after falling to its lowest level in over a month. The XAU/USD has clung to its gains above $1,860, a nearly 0.50% increase for the day. The upward momentum is likely due to a weaker US dollar and fears of a recession that have made investors wary of riskier investments.
The Innovator’s Dilemma: How Google’s Fear of Cannibalization Led to a $150 Billion Loss
Google, one of the world’s leading technology giants, has experienced a loss of $150 billion in just two days following its AI presentation mess-up. This sudden drop in market value is more than the entire market capitalization of several significant companies like HSBC, Raytheon Technologies, PetroChina International, American Express, Boeing, Goldman Sachs, Starbucks, BlackRock, and […]