Curious about the AI investing boom? Here, we take a look at what exactly is AI and how investors can get a piece of the billion-dollar megatrend. AI investing has been the megatrend in 2023 – and for good reason. Goldman Sachs economists expect generative artificial intelligence to boost global labor productivity by 1 percentage point per year over the next decade, and, historically, "such periods of rapid productivity growth have been led by large investment cycles," they say.What's more, the
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The addition of 36 million net new users - a quarterly record - wasn’t enough for Spotify investors. Spotify, the world’s largest music streaming platform by number of subscribers, reported record user growth in its second quarter ended June 30, 2023, but its stock fell by more than 10%.The company delivered a 27% year-over-year increase in monthly active users (MAUs) to 551 million, an 11% year-over-year increase in revenue to €3.18 billion, but a net loss of €302 million compared with a net lo
Meta's Bargain Valuation Makes for Rare Safety Net bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.