NVIDIA CEO Jensen Huang Predicts Reduction in AI Development Costs due to Advances in Technology

NVIDIA CEO Jensen Huang Predicts Reduction in AI Development Costs due to Advances in Technology

Nvidia CEO Jensen Huang said he expects the development cost of artificial intelligence (AI) to be reduced over the next few years due to advances in computer technology. Some reports say that OpenAI CEO Sam Altman is aiming to raise $7 trillion (approximately 1,044 trillion yen) for AI projects, but Huang said the amount would … Read more

Stock Market Soars as S&P 500 Closes Above 5,000 Mark: Latest Updates

Stock Market Soars as S&P 500 Closes Above 5,000 Mark: Latest Updates

In the US stock market on the 9th, the S&P 500 stock index rose for the fourth day in a row and exceeded the 5,000 mark for the first time at closing price. Expectations for interest rate cuts and solid corporate performance are pushing up stock prices. Stock closing price change rate from previous business … Read more

Financial Expert Jonathan Gollan Warns of Bank Defaults in Europe

Financial Expert Jonathan Gollan Warns of Bank Defaults in Europe

Hedge fund firm Man. Jonathan Gollan, Group Portfolio Manager. “There are parts of the market that we think are in very serious trouble,” he said. “More banks are coming under scrutiny, more banks are being victimized, and some banks in the U.S. and Europe are may go into default.” The investment-grade bond fund he manages … Read more

Putin’s interview with Tucker Carlson: Putin speaks on Russia’s military operations in Ukraine and potential negotiations with the US

Putin’s interview with Tucker Carlson: Putin speaks on Russia’s military operations in Ukraine and potential negotiations with the US

Russian President Vladimir Putin said in an interview with former Fox News host Tucker Carlson that Russia is not achieving its objectives with military operations in Ukraine, and that he would like to see if the United States stops supplying weapons to Ukraine. He indicated that he would consider negotiations. “We have not yet achieved … Read more

President Biden Accuses Trump of Weaponizing the Border Issue and Failing to Support Ukraine

President Biden Accuses Trump of Weaponizing the Border Issue and Failing to Support Ukraine

US President Biden acknowledged on the 6th that there is little chance of progress on the bipartisan Senate bill that includes new border measures against Mexico and support for Ukraine’s war against Russia, and announced that he would not be able to move forward with the bill. They accused the president of pressuring Republican lawmakers … Read more

Taylor Swift’s Tokyo Dome Concert Expected to Generate 34.1 Billion Yen Economic Impact – Analysis Shows Double the Impact of Previous Japanese Performances

Taylor Swift’s Tokyo Dome Concert Expected to Generate 34.1 Billion Yen Economic Impact – Analysis Shows Double the Impact of Previous Japanese Performances

American singer Taylor Swift will perform for four days at Tokyo Dome starting on the 7th. Although the economic impact is about twice that of previous Southern All Stars concerts, it is unlikely to generate the same enthusiasm as in the United States, where people are glued to Swift’s every move, which is also driving … Read more

U.S.-China Trade War Update: Biden Winning with Shrinking Trade Deficit Based on Trump’s Favorite Metrics

U.S.-China Trade War Update: Biden Winning with Shrinking Trade Deficit Based on Trump’s Favorite Metrics

US President Biden is winning the trade war with China, judging by rival former President Donald Trump’s favorite metrics. The problem is that the US trade deficit with China as a percentage of gross domestic product (GDP) is becoming increasingly flawed as a measure of the world’s most important economic relationship. Bloomberg Economics (BE) predicts … Read more

Federal Reserve Chairman Jerome Powell Interview on “60 Minutes”: Full Transcript and Implications

Federal Reserve Chairman Jerome Powell Interview on “60 Minutes”: Full Transcript and Implications

Federal Reserve Chairman Jerome Powell said on CBS News’ “60 Minutes” broadcast on the evening of the 4th (the morning of the 5th Japan time) that the monetary authority is likely to wait until after March before cutting interest rates. He said it was big. It explains to ordinary Americans the rationale for future interest … Read more

Ukraine’s Army Chief Conflict with President Zelenskiy: Escalating Power Struggles in Government

Ukraine’s Army Chief Conflict with President Zelenskiy: Escalating Power Struggles in Government

Commander-in-Chief of Ukraine’s Armed Forces Zarzhny has intensified the conflict with President Zelenskiy. Power struggles within Ukraine’s government are escalating at a critical juncture in the country’s war with ever-aggressive Russia. Sarginy told CNNContributionHe points out that the bureaucratic system is an obstacle to Ukraine’s defense industry. He argued that 2024 will require “new thinking … Read more