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investing in artificial intelligence stocks opportunities and challenges ahead
BrainChip focuses on neuromorphic processors for energy-efficient AI applications. While Germany has promising AI start-ups, few are publicly listed, and major companies like Porsche and SAP are investing in AI technologies. Global IT spending is projected to reach $5.74 trillion by 2025, with significant advancements from tech giants like Microsoft, Google, and Amazon driving the AI market forward.
hsbc ceo clarifies restructuring plan is not about breaking up the bank
HSBC CEO Georges Elhedery emphasized that the bank's restructuring plan is not aimed at breaking up the institution. He clarified that the new structure, which divides the business into western and eastern units, is unrelated to geopolitical tensions or previous calls from major shareholder Ping An Insurance Group to separate its Asian operations.
China portfolio manager shares investment insights amid market stimulus surge
Chinese markets have surged following government stimulus measures, including interest rate cuts and increased liquidity support, with the CSI 300 index rising approximately 22.5% in a month. Jason Hsu, founder and CIO of Rayliant Global Advisors, will discuss investment opportunities in China, focusing on technology and artificial intelligence, during CNBC Pro Talks on October 23. His Rayliant Quantamental China Equity ETF has gained around 22% year-to-date, with top holdings in Ping An Insurance, Midea Group, and BYD.
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