The upward momentum in the equity market is likely to continue heading into the year-end, as major investment banks respond to the economy and consumers showing resilience.
When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.
Amazon’s new CEO Andy Jassy described generative AI as a
"once-in-a-lifetime" technologythat is already being used across Amazon to reinvent customer experiences.
At the 8th Future Investment Initiative conference,
Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.According to Musk, this technology could be worth $250 trillion by 2040.
Author summary: Billionaire stock picks and AI tech insights.