Inflation in the euro area reached 2.9% last month, partly due to German subsidies on heating bills. However, core inflation has been falling and is currently at 3.4%. The European Central Bank (ECB) is therefore maintaining a cautious stance on interest rate adjustments, suggesting that any rate cut could be delayed until mid-2024. The ECB's base rate... Read more
Banks in the Czech Republic granted mortgages worth CZK 138 billion last year, 25 billion less than in 2022. The volume of loans from building savings fell by CZK 20 billion to CZK 34 billion.
The group estimates that prices of apartments and houses fell in the fourth quarter of last year, while land prices rose.
Financial services firm Wells Fargo named UBER $UBER stock one of its top picks for 2024.
Despite high marketing costs, it believes that revenue and EBITDA will be able to offset these costs. In addition, Wells Fargo believes that UBER has enough capital to buy 20% of its market capitalization over the next 3 years.
I'm honestly very curious to see how the stock markets will do this year, but also the mortgage and real estate markets and the overall macroeconomic segemnt.
But we also have cryptocurrencies that I would like to ask you if you are following them and how do you think bitcoin or ETH in particular will perform in 2024?
OpenAI funding talks. - San Francisco-based OpenAI is reportedly in talks to raise a new round of funding. - The company's valuation is estimated to be at least $100 billion.
Funding terms and timing: - Funding terms and timing are still under discussion and subject to change.
Chip venture talks with G42: - OpenAI is also reportedly in talks with Abu Dhabi... Read more
Mortgage rates fell to a six-month low, hitting their lowest level since June, when the average 30-year fixed-rate mortgage fell to 6.67% from 6.95% the previous week.
Personally, I'm curious to see what rates we'll be looking at in 2024.
PARAMOUNT $PARA AND WARNER BROS DISCOVERY $WBD AND THEIR POSSIBLE CONNECTION
US companies Warner Bros Discovery and Paramount Global are in talks about a merger, but its specific form has not yet been determined. Citing sources, foreign media reported the news on Wednesday, but the companies themselves have not commented. If they were to merge, two of the five major film studios... Read more
Microsoft Azure is gaining ground, but Amazon Web Services (AWS) from Amazon still maintains its leadership position in the cloud services ecosystem.
Analysts at Jefferies report that while Microsoft Azure is gaining momentum in the cloud services market, it still remains a second player behind Amazon Web Services (AWS). According to a survey of 40 US CIOs, both platforms were... Read more
In the first half of December, news emerged that Chinese digital fashion brand Shein had filed a confidential application with the US Securities and Exchange Commission with a view to going public, likely in early 2024. According to a report from Bloomberg, Shein is seeking a valuation of up to $90 billion, up from the approximately $66 billion it was... Read more
I'm very interested in this and I'll keep an eye on it, as all the girls I know only buy from Shein and talk about it all the time. I'll be interested in the IPO and the awards instead of the clothes.
I think there will be a recovery from last year