Calamos Global Total Return Fund Underperforms Major Equity Indices
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#78ff5974 ver:0.04
The Calamos Global Total Return Fund (CGO) offers geographic diversification and a high distribution yield of 9.15%. However, the fund has underperformed major equity indices and has a negative return of 10.36% over the past three years. It invests in a combination of equities and bonds but has been disappointing compared to comparable index funds. The fund has failed to cover its distribution over the past two years and may be at risk of reducing its payout. It is currently trading at a discount to net asset value but is more expensive than its recent average. The fund's portfolio is well-diversified, with 51.8% of assets invested in the United States. It also holds positions in companies such as NVIDIA, Eli Lilly, and Apple. The fund employs leverage, with leveraged assets comprising 31....
#newstr #CalamosGlobalTotalReturnFund #Equities #Bonds #DistributionYield #Underperformance
Federal Reserve Projects Strong Economic Growth and No Recession in Coming Years
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#b9b257e9 ver:0.24
Economist David Rosenberg warns that the economy could experience a recession and the stock market could be derailed in 2024. He believes that the fiscal tailwinds that boosted the economy in 2023 will turn into headwinds this year. Rosenberg cautions against dismissing the possibility of a recession just because it hasn't happened yet, drawing a parallel to the mistake made in 2007. The fiscal stimulus from 2023 is expected to become a 'fiscal drag' in 2024, resulting in a 1.2 percentage point reduction in economic growth. This, combined with the lag effects of the Federal Reserve's tightening, could lead to a challenging economy and a potential recession. Additionally, the typical 'election effect' in the stock market, where the re-election year of a first-term President coincides with s...
#newstr #FederalReserve #UsEconomy #Recession #EconomicGrowth #InterestRates #Inflation
Sumitomo Mitsui DS Asset Management Launches SMDAM Ares ESG Enhanced Global High Yield UCITS Fund
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#165437ec ver:0.13
CFS Edge, a platform for financial advisers, has added six Morningstar Separately Managed Accounts (SMAs) to its offering. The addition aims to enhance the time-saving benefits and efficiency of the platform. The SMAs on Edge are designed to deliver efficient portfolio implementation and transparency of investments. The platform features two-way integration with financial planning software and plans to include other technology providers in the future .
Separately managed accounts (SMAs) are gaining popularity among wealthier clients, according to a report by Hearts & Wallets. The ownership of SMAs has risen from 13% in 2020 to 22% in 2022, while mutual fund ownership has only slightly increased from 38% to 39% during the same period. The rise in SMA ownership is most significant among hou...
#newstr #SeparatelyManagedAccounts #DirectIndexing #ManagedPortfolioServices #InvestmentAdvisoryIndustry #Mps #Lgutm #AskInvestmentManagers #SumitomoMitsuiDsAssetManagement
Climate Change Increases Danger of Landslides in the US
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#6f7af7d1 ver:0.05
At least 122 people have been killed by wildfires in central Chile. The fires in Chile came amid a heat wave that pushed temperatures in the capital city of Santiago to about 37 degrees Celsius. Extreme heat bakes moisture from wood, turning it into ideal fuel. A Nature study found that fire seasons are an average of 18.7% longer in length due to climate change. The increased number of droughts as global rain cycles are interrupted means whole regions can be left unusually parched and more vulnerable to ignition. Climate change makes stronger El Niños more likely, and droughts caused by it are likelier to be more intense. The World Resources Institute used satellite data to show that wildfires now destroy about 11,500 square miles of forest annually, an area about the size of Belgium and a...
#newstr #ClimateChange #Wildfires #Landslides #Chile #Bc #Us
Denver Nonprofits Work to Reduce Poverty and Stem Migration from Guatemala
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#c14a2006 ver:0.15
Denver nonprofits Education for the Children Foundation and Friendship Bridge are actively working on the ground in Guatemala to address the root causes of migration by reducing poverty and creating stability in the country. Education for the Children Foundation focuses on providing free education, meals, and mental health services to at-risk students in Jocotenango. The organization aims to empower these students with the necessary tools and resources to break the cycle of poverty and create a better future for themselves and their communities. Friendship Bridge, on the other hand, offers business loans and training to Indigenous women entrepreneurs in rural areas. By supporting these women in starting and growing their businesses, Friendship Bridge aims to create economic opportunities a...
#newstr #Denver #Nonprofits #MigrantCrisis #Poverty #Stability #Guatemala
Anthropic Releases Metaprompt Tool for Generating High-Quality Prompts for Claude 3 AI Model
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#85bc6956 ver:0.49
Anthropic, the company behind the Claude 3 AI model, has introduced an experimental helper tool called Metaprompt. Metaprompt is designed to guide users in generating high-quality prompts tailored to specific tasks for Claude 3. The tool allows users to create multiple prompt versions for a given task, making it easier to test different variations. It ensures that the prompts are optimized for Claude 3's unique processing style, resulting in more effective and tailored responses. Anthropic has also created a library of prompts and a GitHub cookbook to assist users in crafting prompts that work well with various AI models. To use the Metaprompt tool, users need an API key and can access it through a Google CoLab notebook. This tool is particularly useful for tasks that require a nuanced und...
#newstr #Anthropic #Claude3 #AiModels #Metaprompt #PromptEngineering #LanguageModels #ApiKey #GoogleColab #CustomerServiceBots #VirtualAssistants #ContentCreationAlgorithms
Investing in Palantir Technologies and Meta Platforms: AI Stocks with Lasting Potential
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#4cabba3c ver:0.74
International Business Machines Corp. (IBM) recently hit its highest level since 2013, putting it about 6 percent below an all-time high. Investors are optimistic that IBM's turnaround efforts are finally bearing fruit after years of tepid growth and share-price returns. IBM's stock has gained roughly 19 percent this year, including dividends, making it one of the top performers in the market, trailing only Nvidia and Meta Platforms Inc. The company has made significant investments in both cloud computing and artificial intelligence (AI), and its strong AI business is expected to drive further growth. IBM has also implemented cost-cutting measures, including job cuts, and plans to pause hiring for roles that could be replaced with AI, which is seen as a potential boost to margins. However,...
#newstr #AiStocks #Investment #PalantirTechnologies #MetaPlatforms
Apple Explores Partnership with Baidu for Generative AI Integration in China
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#49c77bd6 ver:0.36
Apple is in talks with Baidu Inc. to potentially integrate Baidu's generative AI technology into Apple devices in China. The collaboration is driven by regulatory requirements in China, which necessitate the vetting of all AI models by local authorities. Baidu, known as China's search engine titan, has emerged as a frontrunner in the AI domain. Apple's potential collaboration with Baidu is part of its comprehensive approach to integrating AI technology, which may involve partnerships with other AI behemoths like Google and OpenAI. The partnership signifies the strategic alliances forming in response to the transformative potential of AI technology. Baidu's shares experienced a modest uptick in New York trading following the reports.
Apple is accelerating its AI strategy with significant i...
#newstr #Apple #Baidu #GenerativeAi #China #Partnership #Regulation
WhatsApp Introduces AI-Powered Photo Editing and Meta AI Interaction Features
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#7824e968 ver:0.06
WhatsApp, the popular messaging app with over 2 billion active users, has released an update introducing new AI-powered features. The update includes an AI-powered photo editing feature that allows users to add interactive editing effects to their pictures, such as backdrops and restyles. This feature will provide users with more creative control over their visual content, enhancing their messaging experience. The news was confirmed by a top leaker at AssembleDebug, who discovered the features in WhatsApp's new beta variant .
In addition to the photo editing feature, WhatsApp is also introducing a feature that allows users to ask queries to Meta AI within the search bar. This will enhance interaction with the AI and provide users with a more seamless and convenient way to access informati...
#newstr #Whatsapp #Ai #Editing #Photos
Nvidia Collaborates with Johnson & Johnson and Hippocratic AI to Advance Surgical AI Technology and Develop AI Healthcare Agents
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#4688094d ver:0.62
Nvidia, a leading semiconductor company, is partnering with Johnson & Johnson's MedTech division to harness the power of artificial intelligence (AI) in revolutionizing surgical procedures . The collaboration aims to incorporate AI technology within surgical devices and platforms, leveraging various data sources within the operating room. By using AI to analyze surgical footage, the partnership seeks to streamline the extensive documentation process typically required after surgeries. This technology has the potential to provide comprehensive data access to surgeons, facilitating informed decision-making and improving surgical outcomes. Additionally, the application of AI in analyzing surgical footage could transform surgical education and training, offering real-time support and insights....
#newstr #Nvidia #Johnson&Johnson #HippocraticAi #SurgicalAiTechnology #AiNurses #AiHealthcareAgents #Healthcare #UsNurseShortage
Debunking Myths About Nvidia Stock and Its Sustainability
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#f780011f ver:0.12
The stock market has been experiencing mixed reactions as investors grapple with various factors influencing its direction. The S&P 500 Index, in particular, has been a focal point of concern due to its valuation levels nearing those seen during the dot-com boom . Money managers have seen their gains erode as expectations of elevated interest rates persist . Despite this, the market has shown resilience, with the S&P 500 rising and reaching new highs . However, the bond market rout and the Federal Reserve's stance on higher rates have raised potential dangers for investors . Amidst these uncertainties, portfolio managers warn of potential bull traps and advise investors to look for clear signals and changes in market character . It is crucial for investors to stay informed, assess economic...
#newstr #Nvidia #StockMarket #Ai #Bubble #Competition #Valuation
AI-Generated Portfolios for 2024: Bitcoin and Ethereum Remain Top Picks
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#533be264 ver:0.21
Digital technologies like AI, blockchain, and IoT, known as the 'Trivergence,' are transforming every facet of life and business. The integration of AI, blockchain, and IoT has the potential to revolutionize various industries, including finance, healthcare, and supply chain management. The collaboration of AI, blockchain, and IoT is crucial for the era of trivergence, where technology serves humanity's best interests .
Vitalik Buterin, the co-founder of Ethereum, has highlighted the potential of artificial intelligence (AI) in revolutionizing bug detection and code verification in the Ethereum ecosystem. Buterin emphasizes that AI-assisted formal verification of code can significantly reduce technical risks associated with bugs in Ethereum's code, thereby enhancing the security and relia...
#newstr #Ai #Blockchain #Iot #Ethereum #BugDetection #CodeVerification #Security #AiDevelopment #SmartContracts #Dlt #CapitalMarkets #AiAlgorithms #BlockchainSecurity #BitcoinNetwork #Monero #Qube #AiInvestments #TokenizedAssets&DigitalSecuritiesAwards #CryptoPortfolio
Misinformation Spread via Deepfakes Poses Biggest Threat to Upcoming Elections in India
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#9528ba0e ver:0.33
Misinformation and disinformation spread through artificial intelligence (AI)-generated deepfakes and fake content are the biggest threat to the upcoming election in India, exposure management company Tenable said on Sunday. The threats will be shared across social media and messaging platforms like WhatsApp, Twitter, Instagram, and others. According to a recent report by Tidal Cyber, this year, 10 countries will be facing the highest levels of election cyber interference threats, including India. The proliferation of deepfake content surged in late 2017, with over 7,900 videos online. By early 2019, this number nearly doubled to 14,678. The Indian government has issued directives to social media platforms such as Twitter and Facebook to regulate the proliferation of AI-generated deepfake ...
#newstr #Deepfakes #Misinformation #Disinformation #Elections #India
Microsoft Unveils AI-Powered Surface Pro 10 and Surface Laptop 6 for Business Users
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#2efab2aa ver:0.23
HP Inc. announced the industry’s largest portfolio of AI PCs, leveraging the power of AI to enhance productivity, creativity, and user experiences in hybrid work settings. The portfolio includes the newest generation of AI HP Elite and Pro PCs, featuring Copilot in Windows and Windows 11 Pro, and Z by HP mobile workstations. The AI capabilities are powered by Intel Core Ultra 5 and 7 processors or next-generation AMD Ryzen PRO processors with dedicated NPUs. HP now has the largest portfolio of Intel and AMD-based AI PCs. The lineup includes various models such as the HP Elite 1000 Series G11 Notebook PCs, HP EliteBook 800 and 805 Series G11 Notebook PCs, HP EliteBook 600 and 605 Series G11 Notebook PCs, HP ProBook 400 and 405 Series G11 Notebook PCs, and the HP Elite Small Form Factor 805 ...
#newstr #Microsoft #SurfacePro10 #SurfaceLaptop6 #AiIntegration #Business
AI Enhancements in Apple Watch
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#6edcad39 ver:0.21
Laura Bárcena, PR Manager of Samsung Spain, recently discussed the challenges of communicating the benefits of Artificial Intelligence (AI) and addressing user fears in an interview with Gearrice . Bárcena highlighted the positive reception of the Samsung Galaxy S24 series, with strong pre-purchases and sales. She also mentioned that the AI features of the Galaxy S24 will be extended to other Samsung devices .
The communication team at Samsung focuses on conveying the safety, reliability, and accessibility of AI to users. Bárcena acknowledged that one of the biggest challenges is the general ignorance of AI among mainstream users, as well as concerns about privacy and security. To address these concerns, Samsung aims to differentiate itself by continuing to invest in AI and delivering inn...
#newstr #Ai #AppleWatch #Samsung #Ios #Android
The Potential and Limitations of AI Chatbots in Mental Health Care
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#d1681f00 ver:0.17
In a recent analysis by Marcin Frąckiewicz on ytech.news, the potential of OpenAI to revolutionize mental health care is explored . OpenAI's AI systems, such as GPT-3, have the ability to decipher human language with precision, allowing them to detect signs of mental conditions like depression or anxiety. These systems can offer personalized therapy techniques and monitor mental health by analyzing digital data. However, caution is advised as AI systems are not infallible and can be biased. It is crucial to consider the ethical implications of relying on AI in mental health care to avoid marginalizing individuals who lack access to traditional care .
The study published in the British Medical Journal reveals that many AI-based language models, including OpenAI's ChatGPT, lack safeguards t...
#newstr #AiChatbots #MentalHealthCare #EthicalImplications #Cybersecurity #DataPrivacy
Chipotle CEO discusses big portion sizes, AI, and leadership advice
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#405df9b0 ver:0.11
Chef Scott Pickett has introduced an AI-designed menu at his Northcote restaurant Estelle in Melbourne. The menu was created using ChatGPT, an AI language model, without any interference from the chef. The four-course menu includes dishes such as charred pumpkin croquettes with finger limes, kingfish tartar, snapper on a wild rice pilaf, and milk chocolate dessert with wattle seeds and brown butter ice-cream. The AI-designed menu will be presented to diners with interactive elements, an AI playlist, and AI-generated graphics. However, the food will still be cooked by humans, as the restaurant has not invested in a robot chef. Chef Pickett believes that while AI can be useful for tasks like inventory management and online reservations, there will always be a role for chefs in the restaurant...
#newstr #Ai #RestaurantIndustry #MenuDesign #Chef #Chipotle
Challenges of AI Image Creation: Difficulties in Outputting Characters and the Likeness to Foreigners' Mysterious Kanji Tattoos
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#4a375bf4 ver:0.96
Adobe Firefly, an AI image creation tool, has come under scrutiny for making inaccurate racial and ethnic depictions, similar to Google Gemini. Both tools use comparable techniques to generate images from written text but are trained on different datasets. Adobe Firefly has been found to create historically inaccurate images, such as depicting Black soldiers fighting for Nazi Germany in World War II and inserting Black individuals into scenes depicting the Founding Fathers and the constitutional convention in 1787. While the intention behind these depictions was to avoid racist stereotypes, they have sparked criticism for rewriting history. Adobe has attempted to address the issue by incorporating stock images, openly licensed content, and public domain content into its algorithm. As AI mo...
#newstr #Ai #ImageCreation #RacialAndEthnicDepictions #HistoricalInaccuracies #GoogleGemini #TechTitans #AigeneratedInformation #ImageGenerationAi #StableDiffusion #Dalle
GitHub Continues to Experience Growth and AI Explosion, VP Highlights APAC Region's Success
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#67b809dc ver:0.06
According to Sharryn Napier, GitHub's Vice President for Asia Pacific, India, Japan, and China, the number of developers using the platform in the APAC region has grown from 960,000 to over 1.4 million in the past two years, representing a 20% year-on-year growth. GitHub, the largest source code repository on the Internet, has seen significant growth due to the simplification and tool consolidation efforts of large enterprises. Napier also highlights the success of GitHub's AI-driven developer platform, particularly in the banking sector. GitHub Copilot, an AI-infused tool that provides predictive assistance in writing code, is now being used by over 50,000 organizations. Napier expects to see more practical applications of AI in the coming year .
This growth aligns with GitHub's predicti...
#newstr #Github #Ai #SoftwareDevelopment #Growth #Simplification
Nvidia's Shift Towards AI Development and the Growth of the AI Industry
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#c49c04d6 ver:0.11
Nvidia is making a significant shift towards AI development with the release of its inaugural robot prototype under Project GR00T. The Generalist Robot 00 Technology (GR00T) system is designed to enhance robotic capabilities through self-supervised learning and a deep understanding of complex surroundings. This move reflects Nvidia's growing focus on AI, which has been further supported by its impressive 206% revenue increase in Q4 2023. The company's investments in AI capabilities align with the projected growth of the AI industry, which is expected to have a compound annual growth rate (CAGR) of over 40% in the next decade. Robotics is set to play a crucial role in this growth .
The AI industry's expansion brings with it various challenges, including ethical implications, data privacy c...
#newstr #Nvidia #Ai #Robotics #ProjectGr00t #SelfsupervisedLearning #IndustryTransformation #MarketForecasts