AI Is Doing a Terrible Job Trading Stocks in the Real World

Late to the Party For all the hype about AI’s untapped potential in the stock market, its real life debut across various stock portfolios has failed to impress. The Wall Street Journal reports that there are already at least 13 exchange-traded funds (ETFs) being managed by an AI, and ironically, almost none of them bet… Continue reading AI Is Doing a Terrible Job Trading Stocks in the Real World

Chinese EV maker Xpeng expects cost cuts, Volkswagen deal to narrow losses

A XPeng Inc. G6 electric sport utility vehicle (SUV). Qilai Shen | Bloomberg | Getty Images Xpeng expects cost cuts and its Volkswagen partnership to narrow the firm’s losses, the Chinese EV maker told CNBC in an exclusive interview on Monday. On Friday, the firm logged its biggest quarterly loss since its U.S. listing in… Continue reading Chinese EV maker Xpeng expects cost cuts, Volkswagen deal to narrow losses

Lockheed Martin Selected to Deliver 36 Small Satellites to Advance Space Development Agency’s Communications Network

Award supports global military communications access and delivers persistent regional encrypted connectivity LITTLETON, Colo., Aug. 21, 2023 /PRNewswire/ — The Space Development Agency (SDA) awarded Lockheed Martin (NYSE: LMT) a firm-fixed price agreement valued at approximately $816 million to build 36 Tranche 2 Transport Layer (T2TL) Beta satellites. T2TL is part of an overarching plan to… Continue reading Lockheed Martin Selected to Deliver 36 Small Satellites to Advance Space Development Agency’s Communications Network

Car Wash Services Market in US to grow by USD 1.30 billion from 2022 to 2027 | The growing need for water-efficient car washing products to boost market growth – Technavio

NEW YORK, Aug. 21, 2023 /PRNewswire/ — The US car wash services market is estimated to grow at a CAGR of 3.32% between 2022 and 2027. The market size is forecast to increase by USD 1,305.97 million, according to Technavio. Insights on market size historic period (2017 to 2021) and Forecast (2023 to 2027) before buying… Continue reading Car Wash Services Market in US to grow by USD 1.30 billion from 2022 to 2027 | The growing need for water-efficient car washing products to boost market growth – Technavio

Epsilor Announces its Agreement for Li-Ion Army Vehicle Batteries with Hanwha Defense Australia (HDA)

Epsilor’s COMBATT NATO 6T type Li-Ion vehicle battery to be integrated in HDA’s $1 billion contract with the Australian Government acquiring self-propelled artillery systems for the Land 8116 Phase 1 program BEIT SHEMESH, Israel, Aug. 21, 2023 /PRNewswire/ — Epsilor, a world-recognized developer and manufacturer of smart batteries, charging systems, wearable power and communication systems… Continue reading Epsilor Announces its Agreement for Li-Ion Army Vehicle Batteries with Hanwha Defense Australia (HDA)

Jirem Horse Racing Festival puts on ‘fast and furious’ display

This is a report from China.org.cn about Jirem Horse Racing Festival: TONGLIAO, China, Aug. 20, 2023 /PRNewswire/ — The 24th Jirem Horse Racing Festival raised its curtain in Horqin Left Banner, Tongliao city, Inner Mongolia autonomous region on Friday, showcasing an exhilarating spectacle of riders and Mongolian horses galloping across the track and eliciting cheers… Continue reading Jirem Horse Racing Festival puts on ‘fast and furious’ display

Jirem Horse Racing Festival puts on ‘fast and furious’ display

This is a report from China.org.cn about Jirem Horse Racing Festival: TONGLIAO, China, Aug. 20, 2023 /PRNewswire/ — The 24th Jirem Horse Racing Festival raised its curtain in Horqin Left Banner, Tongliao city, Inner Mongolia autonomous region on Friday, showcasing an exhilarating spectacle of riders and Mongolian horses galloping across the track and eliciting cheers… Continue reading Jirem Horse Racing Festival puts on ‘fast and furious’ display

Pornhub’s War With a Local Kebab Restaurant Isn’t Helping Its Quest for a “Fresh Start”

This week, the owner of the prominent adult video site Pornhub renamed itself Aylo from its previous name of MindGeek, citing the “need for a fresh start.” But that rebrand is off to a choppy beginning with news that the company is going after a small restaurant in Lower Manhattan called Döner Haus, which sells… Continue reading Pornhub’s War With a Local Kebab Restaurant Isn’t Helping Its Quest for a “Fresh Start”

German FAZ: “We are not profiteers from the crisis”006770

The KF51 Panther is a main battle tank made by the armaments company Rheinmetall. Image: Rheinmetall The armaments group Rheinmetall has tripled its stock market value since the beginning of the war. CEO Armin Papperger explains in an interview why he still does not triumph. And what it takes to better equip the Bundeswehr. Mr… Continue reading German FAZ: “We are not profiteers from the crisis”006770

Sorry, you won’t be able to block Elon Musk (or anyone else) on X

The owner of the service formerly known as Twitter says blocks are going away, except in DMs. Elon Musk isn’t quite done making major changes to X. The platform’s owner and chief technical officer says the service formerly known as Twitter is getting rid of the option to block other users, except for when it… Continue reading Sorry, you won’t be able to block Elon Musk (or anyone else) on X