IMF: Oil-heavy nations lag as AI-driven economies surge
IMF reports a K-shaped global recovery, with oil-exposed economies falling behind while AI-driven markets advance.
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Original OpenBook briefings based on public market reporting, updated through the day. Follow an instrument on its market page.
IMF reports a K-shaped global recovery, with oil-exposed economies falling behind while AI-driven markets advance.
Meta's new Muse Wonder AI models aim to rival top competitors, with Zuckerberg calling them a step toward personal superintelligence.
Bumble's valuation rises to over $580m after reports of a $1bn takeover bid, still far below its $14bn peak.
Bernstein analyst Laurent Yoon cuts telecom ratings, citing rising volatility, with particular focus on AT&T.
UK government pledges tighter regulation of the heating oil market amid soaring prices, affecting consumers and suppliers.
A social media clipper reports earning £120,000 per year creating short videos that go viral on platforms like Instagram and TikTok.
Brazil’s election-driven optimism lifts its market, drawing investors who want to diversify away from U.S.
Investors concerned bull market is aging, but data suggests long-term rallies can persist.
After FTX’s collapse, its 20% stake in Genesis Digital Assets is now used to support AI data center operations.
Investors see Nvidia and AMD shares slide after new AI hardware and software announcements fail to ignite confidence in near-term revenue.
Ciena and Lumentum dropped sharply, reflecting investors’ caution over AI spending.
Meta's launch of Muse Wonder and Muse Wonder Full boosts its stock over 3%, with analysts pointing to fresh AI revenue prospects.