Category: Finance

I’m all set to go to courtroom over a canine assault. But no one particular is on my facet.

Christina Lobo

Shell out Filth is Slate’s income information column. Have a question? Ship it to Athena and Elizabeth in this article. (It is nameless!)

Pricey Pay back Grime,

3 weeks ago, my partner and I were grilling at my sister and brother-in-law’s house. We introduced our puppy, Lulu, who stayed by my facet. Their upcoming-door neighbor opened their again doorway, seemingly with out hunting, and permit their pit bull out into their backyard. It created a beeline for Lulu and mauled her. She virtually died, but the unexpected emergency vet was ready to preserve her with multiple blood transfusions and

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Redesigning world-wide finance – Asia Moments

Christina Lobo

Central banks and money institutions about the globe are operating on the internationalization of central financial institution digital currencies (CBDCs). The international community will be in a position to process cross-border payments in serious time. The following move could be the “tokenization” of all tradable belongings, something from equities and actual estate to gold.

In the coming decades, CBDCs will change hard cash with digital currencies that are saved on a ledger managed by central banking institutions. Buyers down load a digital wallet to their cell cellphone to obtain their wage and to shell out for merchandise and solutions. With

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Will China weaponise the yuan? Worldwide finance body throws chilly water on the thought as it rankles marketplaces

Christina Lobo

Beijing could – if it seriously wished to – greatly devalue China’s yuan to prop up the nation’s exports. Or at the very least that’s what the current market fears.

But the world association of the fiscal marketplace states China’s leadership is unlikely to utilise this sort of a seismic option, even as the world’s 2nd-greatest financial state has been labouring to reverse a persistent downturn.

China’s yuan has depreciated steadily given that February, driven by the faltering post-pandemic economic climate and widening produce gap with other economies this kind of as the US, as effectively as dampening funds flows

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SocGen open up to sale of Devices Finance unit in technique evaluate, sources say

Christina Lobo

Folks wander previous a logo of French financial institution Societe Generale in entrance of the firm’s skyscraper at the financial and small business district of La Defense in close proximity to Paris, France September 14, 2023. REUTERS/Gonzalo Fuentes/File Photo Receive Licensing Rights

LONDON/PARIS, Sept 14 (Reuters) – Societe Generale (SOGN.PA) is open up to a sale of its Machines Finance small business as the French bank’s new CEO Slawomir Krupa embarks on a wide strategic revamp, individuals common with the company instructed Reuters.

The lender sees the small business as non-core, owning sold part of its functions in 2020, stated

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The monetary replication disaster revisited

Christina Lobo

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Is there a replication disaster in finance? Some outstanding lecturers say of course, obvs, and it’s endemic. On the other hand, a higher-driven, just lately peer-reviewed paper argues this is bunkum.

Maybe the complete “replication crisis” matter wants describing first even though, for people blessed enough not to commit their time looking through tutorial papers and following the weirdly intensive debates all around them.

Back again in 2005, Stanford health care professor John Ioannidis

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NVIDIA Announces Financial Results for Second Quarter Fiscal 2024

Christina Lobo
  • Record revenue of $13.51 billion, up 88% from Q1, up 101% from year ago

  • Record Data Center revenue of $10.32 billion, up 141% from Q1, up 171% from year ago

NVIDIA (NASDAQ: NVDA) today reported revenue for the second quarter ended July 30, 2023, of $13.51 billion, up 101% from a year ago and up 88% from the previous quarter.

GAAP earnings per diluted share for the quarter were $2.48, up 854% from a year ago and up 202% from the previous quarter. Non-GAAP earnings per diluted share were $2.70, up 429% from a year ago and

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