The Daily LEO #163 ChatGPT, 1 Billion In FTX, Cheap Stocks?
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Are stocks cheap enough to buy? BlackRock says they are after a brutal 2022
BlackRock, the world’s largest asset manager, has been making a case that U.S. stocks look “cheap” heading into 2023, even if equities might still need to find a bottom and earnings remain a wild card.
A chief reason? The S&P 500 index’s dramatic 20% decline on the year through Tuesday puts stocks on pace to post their worst year since the 38.5% plunge in 2008, according to Dow Jones Market Data. “Bear market rallies can feel like cruel teasers of a turnaround,”
Elon Musk said to be actively searching for Twitter CEO
It's been reported that billionaire Twitter chief Elon Musk said to be actively searching for a new Twitter chief executive. This comes after a vote on the platform where 57% said he should give it up and hire someone else to manage twitter. The real question might be how many of those are fake, duplicate and bot type accounts?
Be careful what you put to a vote you may not like the response
After starting Tuesday lower, U.S. stocks turned positive. If major indexes can hold the gains into the close, it would break a four-session losing streak for markets.
The upward move came after markets were roiled by the Bank of Japan's move to become become fractionally more hawkish.
The BOJ said Tuesday it would allow benchmark bond yields to trade as high as 0.5%. That caused the yen and bank shares to surge, while the Japanese market sold off.
Meme Altcoin Shiba Inu (SHIB) One of the Most Watched Cryptocurrencies This Year on Binance
Meme token Shiba Inu (SHIB) is among the top three most watched cryptocurrencies in 2022 on the world’s largest crypto exchange.
The other two are king crypto Bitcoin (BTC) and leading smart contract protocol Ethereum (ETH), Binance says in a new announcement.
Although traders are keeping a close watch on Shiba Inu, leading analytics firm IntoTheBlock says
Crowdfunding gets leg up from Lightning Addresses on Bitcoin
The Lightning Network strikes again. In a small yet significant development for Bitcoin , a new type of BTC address has been introduced: the “Lightning Address.” These unique identifiers are specifically designed for use on the Lightning Network, a layer-2 payment protocol that operates on top of the Bitcoin blockchain.
A user-friendly addition to ways in which Bitcoin users can send, receive and even raise money, Lightning addresses can be custodial, or users can connect to their own nodes. Crowdfunding is among the most popular real-world use for Lightning Addresses.
Cointelegraph spoke to MetaMick
FTX Has Over $1B in Cash, Creditor Meeting Told
The House Committee on Financial Services is holding a hearing "Investigating the Collapse of FTX." John J. Ray III, the new CEO of the bankrupt crypto exchange, is testifying.
Mary Cilia, speaking under oath, said during part of bankruptcy proceedings.
Trying out the ChatGPT to ask it to write a post: How is it going to affect Hive's blogging activities?
ChatGPT is an AI tool for text generation and more. Check it out here: https://openai.com/blog/chatgpt/
Using AI for text generation is nothing new. But the latest craze on ChatGPT seems to show signs of something powerful that is worth paying attention to.
Basically, how is it going to affect Hive's blogging activities? is a worthy question to ask.
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This edition of The Daily Leo was published by @bitcoinflood on Leo Finance, read the original article here
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All these topics are very interesting. I will like to read more about Elon musk hiring another person to manage Twitter.
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