Nvidia doubles revenue, forecasts even more AI spending
Nvidia’s biggest customers – Amazon, Microsoft, Alphabet and Meta – are on track to spend roughly US$800b on…
Economist who called the 2008 crash says the AI bubble has “less than a year to go”
(Kitco News) – Steve Keen has spent two decades telling anyone who’ll listen that markets watch the wrong…
Canada posts monster jobs gain in July, unemployment rate hits two-year low
OTTAWA, Aug 7 (Reuters) – Canada’s economy added far more jobs in July than expected and the unemployment…
Samsung posts staggering 1,300pc profit surge as AI chip boom shows no sign of slowing
The artificial intelligence boom has delivered another eye-watering milestone this week as Samsung posted one of the biggest…
Opportunity will get into Parliament, latest Poll of Polls forecasts – here's the full prediction – NZ Herald
Opportunity will get into Parliament, latest Poll of Polls forecasts – here’s the full prediction NZ HeraldChristopher Luxon says…
MetService forecasts rain, thunder and snow as winter weather shifts
Fog restrictions remain in place at Auckland Airport, with 33 regional flights cancelled, six delayed and two diverted…
Strong retail sales mask widening K-shaped economy as consumer financial stress mounts
(Kitco News) – The U.S. consumer continues to support economic growth, but beneath resilient headline spending, new data…
MetService forecasts frosty but clear skies for Matariki long weekend
A drop in temperatures is expected to accompany the lack of cloud, bringing colder conditions to most parts…
FOMC minutes show a Fed united on rates and communications, but concerned about impacts of Iran, tariffs and AI on inflation
(Kitco News) – The minutes from the June 16-17 Federal Open Market Committee (FOMC) meeting showed members united…
IMF sharply downgrades Cambodia economic forecasts
Economy Growth to slow to 3% and inflation to double to 5.6%, according to US-based fund Workers at…
Blue chips defy global headwinds as NZ reporting season exceeds forecasts
“The elevated fuel price and shipping and supply chain disruption – people were mindful of what impact the…
Are Treasury’s sunny forecasts out of step with reality? – Liam Dann
I should start by throwing the economists at Treasury and the Reserve Bank a bone. They are always…