Visa V has been in consolidation for two years, since trading at an all-time high of $252.67 on July 27, 2021.This was warranted considering that V was trading 37x earnings, significantly higher than its typical range of 25x 30x earnings. Now that the fundamentals have caught up to its stock price, V may be poised
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Generative AI — A jargon-free explanation of how AI large language models work Want to really understand large language models? Heres a gentle primer. Timothy B. Lee and Sean Trott – Jul 31, 2023 11:00 am UTC EnlargeAurich Lawson / Ars Technica. reader comments 30 with When ChatGPT was introduced last fall, it sent shockwaves
yellow there — The 2023 Porsche Cayman GT4 RS is the best sports car on sale today Transplanting the 911 GT3’s flat-six engine created a remarkable car. Bradley Iger – Jul 29, 2023 11:00 am UTC Enlarge / Everyone always said Porsche would never put its best flat-six engine in the Cayman or it would
UK mortgage approvals rose unexpectedly in June, despite further increases in interest rates. Bank of England statistics showed net mortgage approvals for house purchases rose to 54,700 from 51,100 the previous month, while approvals for remortgaging rose to 39,100 from 34,100. Analysts had expected the housing market to slow in a month when stubbornly high
Generative AI — A jargon-free explanation of how AI large language models work Want to really understand large language models? Heres a gentle primer. Timothy B. Lee and Sean Trott – Jul 31, 2023 11:00 am UTC EnlargeAurich Lawson / Ars Technica. reader comments 30 with When ChatGPT was introduced last fall, it sent shockwaves
yellow there — The 2023 Porsche Cayman GT4 RS is the best sports car on sale today Transplanting the 911 GT3’s flat-six engine created a remarkable car. Bradley Iger – Jul 29, 2023 11:00 am UTC Enlarge / Everyone always said Porsche would never put its best flat-six engine in the Cayman or it would
Visa V has been in consolidation for two years, since trading at an all-time high of $252.67 on July 27, 2021.This was warranted considering that V was trading 37x earnings, significantly higher than its typical range of 25x 30x earnings. Now that the fundamentals have caught up to its stock price, V may be poised
The UK government has made it cheaper for industry to pollute in Britain compared with the EU by watering down reforms to the carbon market, in the latest sign that the Conservative party is backsliding on its climate agenda. Whitehall recently quietly announced changes to the UK’s carbon trading scheme, including offering more allowances than
Economists and analysts are increasingly hopeful that the Federal Reserve can avoid pushing the US into a recession, as inflation slows and strong growth persists despite 11 interest rate increases. The Fed this week raised rates by another quarter percentage point to the highest level in 22 years. But a flurry of upbeat data has
Travellers determined to take to the skies despite soaring ticket prices have pushed airline profits to fresh heights, as resilient consumer spending buoys the global economy. As they reported record profits on Friday, British Airways-owner IAG said trips across the Atlantic and to leisure destinations had been particularly popular “as customers prioritise holidays”, while Air
Swampy and sweltering — Increasing levels of humidity are here to make heat waves even worse This summer’s heat is only a preview of what’s in store for our future. Matt Simon, WIRED.com – Jul 28, 2023 11:30 am UTC Enlarge / A tourist refreshes at a vapor barrier in Budapest, Hungary, on July 16,
not predictable like F1 — Formula Es first visit to a proper American racetrack saw packed stands We found a lot to be optimistic about for the all-electric racing series. Jonathan M. Gitlin – Jul 28, 2023 11:00 am UTC Enlarge / I can think of maybe one other race track that has a volcano
U.S.-based Public, a multi-asset investing platform that does not usePayment for Order Flow (PFOF), expanded into the U.K. The company aims to become the leading destination for U.K. investors seeking access to U.S.-listed equities. What Happened: Key features include access to 5,000 U.S.-listed equities, commission-free tradingand low foreign exchange fees. The platform provides advanced data
Algorithms and echo chambers — Did Facebook fuel political polarization during the 2020 election? Its complicated. There’s strong ideological segregation, but proposed interventions didn’t change attitudes. Jennifer Ouellette – Jul 28, 2023 2:14 pm UTC EnlargeGetty Images | Aurich Lawson reader comments 25 with Over the last several years, there have been growing concerns about
Federal prosecutors have filed new charges against former President Donald Trump and another one of his aides in the indictment around his mishandling of classified documents. The charges accuse Trump of attempting to “alter, destroy, mutilate, or conceal evidence” and inducing others to do so. Prosecutors also added a new count under the Espionage Act
In more climate news, the Supreme Court has cleared the way for construction of the contested Mountain Valley Pipeline to resume. The court on Thursday lifted a halt on a section of the project that had been issued by a lower court earlier this month after a challenge by environmental groups.
Cadence — Rocket Report: Starbase comes alive again; China launches four times Maybe the next Starship launch isn’t all that far off. Stephen Clark – Jul 28, 2023 11:00 am UTC Enlarge / The Super Heavy booster for SpaceX’s next Starship test flight is raised onto its launch mount at the Starbase facility in South
not predictable like F1 — Faster cars, slower tires, packed grandstands as Formula E visits the US We found a lot to be optimistic about for the all-electric racing series. Jonathan M. Gitlin – Jul 28, 2023 11:00 am UTC Enlarge / I can think of maybe one other race track that has a volcano
Consider the following tips that might make all the difference in your ability to keep yourself and your family comfortable when the electricity failsduringa heatwave. (h/t NewLifeOnAHomestead.com) Drink lots of water Regardless of whether you have power or not, drink as much water as possible. Staying hydrated will not only help you feel better, but
The U.S. government is contemplating new restrictions on the export of AI chips to China in an effort to limit Chinas technological advancements and contain its rising influence. The ban, which may go into effect as soon as next month, would prevent Nvidia Corp. NVDA and other chipmakers from shipping their products to clients in