By SIMON CONSTABLE
It’s in language translators. Virtual shopping guides. Online movie suggestions. It helps diagnose diseases, makes video games more exciting, and so on. As the century progresses, artificial intelligence is becoming increasingly ubiquitous. And that, say experts, is the problem. Read more here.
By SIMON CONSTABLE
It could be time for a mimosa cocktail while you still can afford one.
Orange juice prices could get fizzed up over the next few weeks. The market is already suffering from ultralow inventory levels, which means the risks of bad weather could potentially drive prices up more than 20% to record levels, say experts. Read more here.
By SIMON CONSTABLE
By SIMON CONSTABLE
Airbus is ready for takeoff. Investors in the European aerospace company could see gains of more than 35% over the next 12 months as the company boosts production amid surging demand, analysts say.
“Airbus is on a very strong growth trajectory regardless of a recession and postpandemic normalization,” says Colin Scarola, an analyst at financial research company CFRA. He sees the stock (ticker: AIR.France) rising to 140 euros ($143) over the next year, up 35% from its recent level of €104. Plus, the stock yields a 1.4% dividend currently. U.S.-based investors could consider buying the American depositary receipts (EADSY.) Read more here.
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By SIMON CONSTABLE
A key economic indicator continues to show weakness in China
Steel production in the second largest economy was down 6.5% in the first six months of the year versus the same period a year earlier, according to World Steel Association data. Read more here.
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