Nvidia’s dynamic growth is centered around the surge in demand for AI chips. But others might be catching up to provide stiff competition to the company.
All posts tagged data
U.S. is now a net petroleum exporter
In the second half of 2023, international factors supported economic growth, with exports boosting GDP despite a strong dollar. US petroleum exports hit record highs, making the U.S. a net exporter, but trade with China dropped, with imports falling 20% and exports down by nearly 5%. As of July 1, 2023, U.S. petroleum exports exceeded…
U.K. has the highest inflation rate across G-7 Countries
Inflation is a key economic indicator that impacts consumers, businesses, and policymakers. Understanding inflation trends in G-7 countries provides a snapshot of the complex and interconnected global economic landscape. The G-7 consists of some of the world’s most advanced economies, including the U.S., Canada, Japan, Germany, France, the U.K. and Italy. Let’s delve into the…
Banking with Artificial Intelligence
Faced with unprecedented challenges, banks have started racing to embrace AI to gain a competitive advantage. With the advent of chatbots, personal assistants, and robo-advisors, it may not be too hard to imagine that the next wave of technology could revolutionize the traditional style of banking. An Accenture report recently indicated that within the next three years, banks will deploy…