Navigating Meta’s AI Spending: Zuckerberg’s Struggle to Soothe Wall Street’s Concerns
Meta Stock Plummets as Zuckerberg Pours Cash into AI
Shares of Meta (META) took a nosedive, dropping over 10% following CEO Mark Zuckerberg’s announcement of increased investment in artificial intelligence, causing concern among investors.
Zuckerberg's Reassurance Amidst Stock Volatility
During an earnings call, Zuckerberg attempted to alleviate worries about the company's expenditure by highlighting Meta's history of similar strategic shifts in the past when adopting new technologies.
Long-Term Profitability Challenges
Despite Zuckerberg's optimism, he acknowledged that it may take several years before Meta sees returns on its AI ventures. In a January Instagram post, he disclosed Meta's plan to acquire 350,000 Nvidia
Read the full story:
Navigating Meta’s AI Spending: Zuckerberg’s Struggle to Soothe Wall Street’s Concerns
Latest Pertamina Fuel Price Update Today, Thursday 25 April 2024
Latest list of fuel prices at Pertamina gas stations today, Thursday (25/4/2024). FOTO/doc.SINDOnews
JAKARTA – PT Pertamina (Persero) has set the price of fuel oil ( BBM ) as of April 2024. This decision applies to Pertamax, Pertamax Turbo, Pertamina Green 95, Dexlite and Pertamina Dex fuels.
Pertamina Patra Niaga Corporate Secretary Irto Ginting said that price determination had gone through periodic evaluations referring to the price determination formula
Read the full story:
https://www.worldysnews.com/latest-pertamina-fuel-price-update-today-thursday-25-april-2024/
Cautious green light from the House of Representatives for Adema fertilizer plans
#Cautious #green #light #House #Representatives #Adema #fertilizer #plans
ANPDmissionary Minister Adema in a debate with the House about manure policy
NOS News•today, 5:06 PM•Adjusted today, 8:15 PM
A majority in the House of Representatives gives Minister of Agriculture Adema the cautious green light to develop his measures against the manure problem. He wants billions of farmers buy out and reduce their livestock. The forming parties NSC and VVD also say that the minister must continue, because the manure problem is too big to do nothing.
However, they are cautious about how much money this may cost and want to take a critical look at Adema’s final plan. “For decades we have not fulfilled our agreements and at some point we have to pay the price for that,” says VVD MP Van Campen.
BBB, the third forming party, made one today own plan against the manure problem. This was derided by some parties as being unrealistic.
Storage tanks in port areas
For example, BBB wants to store excess manure in locations throughout the country. For example, in manure bags on farms, in empty manure cellars of retired farmers or in empty storage tanks in port areas.
“Empty storage tanks in port areas? Where are those storage tanks located?” asks GL-PvdA MP Bromet. BBB does not know that yet, it still needs to be found out. “They are indeed all band-aids,” admits BBB MP Pierik.
“How can BBB propo
Read the full story:
Cautious green light from the House of Representatives for Adema fertilizer plans
“Committed to the Environment and Sustainable Tourism”
The Radisson Hotel group in Madagascar demonstrates a sustained commitment to environmental protection and sustainability, as demonstrated by its recent successes. The obtaining of the prestigious Green Key certification by the Radisson Blu Antananarivo Waterfront as well as the renewal of the certifications of the Radisson Serviced Apartments and Radisson Tamboho clearly illustrate this commitment to strict environmental standards.
Green Key certification, widely recognized as a global benchmark for sustainability, reflects the group’s conscientious efforts to integrate environmentally friendly practices into its hotel operations. This certification is based on a comprehensive assessment of more than one hundred and fifty environmental and social criteria, encompassing various aspects of hotel management, such as resource management, guest awareness of ecological practices and waste reduction.
These achievements demonstrate th
Read the full story:
Stock market report dated April 25, 2024: SMI closes sharply lower | Nestlé, Holcim, Sonova and Geberit lose | Novartis, Inficon and Vontobel are in demand
Stock market report dated April 25, 2024: SMI closes sharply lower | Nestlé, Holcim, Sonova and Geberit lose | Novartis, Inficon and Vontobel are in demand
The Swiss stock market closed trading sharply lower on Thursday. At the beginning of the negotiations it was mainly about taxes Nestlé, after presenting its quarterly data put pressure on the market as a whole, economic and interest rate concerns were added in the second half of the negotiations. Furthermore, the quarterly financial statements of large US companies such as IT groups IBM and Half or from Caterpillar the mood on the international financial markets.
One drag on the stock market was a surprisingly significant one Slowing growth in the US. In the first quarter the US economy grew by 1.6%, much slower than in previous quarters. The important component of private consumption was also disappointing, says an economist. At the same time, other US economic data has indicated that inflation continues to rise. One trader pointed out that the Federal Reserve will likely wait a little longer before making the interest rate cuts the market had been hoping for. The Fed’s next interest rate meeting will be on May 1.
THE FuW Swiss 50 Index it ultimately lost 1.08% to 2298.96 points. THE SMI it fell 0.97% to 11,260.61 points. THE SLI index lost 1% to 1838.10 points on the reporting day and the SPI 0.93% to 15,015.45 points. In the SLI there were only five winners against 25 losers.
Heavyweight Nestlé (-2.0%) was largely responsible for the overall market decline. The food company is involved Sales data disappointed. In the first quarter of 2024, sales volume decreased surprisingly sharply. In North America in particular, business was worse than expected. The fact that Nestlé expects a significant increase in volume growth starting from the second quarter has certainly not reassured market operators.
Holcim (share: -1.8%) was the second blue chip to submit data. Unlike Nestle The building materials company exceeded expectations, most clearly with the EBIT of the operating result. However, the stock failed to escape the murky stock market sentiment. Furthermore, some in the market were probably hoping for an increase in indications.
Other cyclical stocks also showed weakness: the shares of the dental implant manufacturer Straumann, for example, ended up losing a significant 2.6% after the fir
Read the full story:
AirAsia Launches ASEAN Explorer Pass for Convenient and Affordable Travel Across the Region
AirAsia launches great value buffet promotions Unlimited ASEAN Flights 8,640 baht, valid for one year, book within 30 April Participating credit cards, 0% installments, 864 baht per month.
Date: 25 April 2024 Mr. Tony Fernandes, CEO of Capital A and MOVE Digital He said he has moved on to raise the level of travel across ASEAN to be convenient with the new ‘ASEAN Explorer Pass’ package, which is an annual subscription valid for 1 year from the date of purchase. This will unlock international travel within the ASEAN region. and domestic routes for foreign travelers Promotion of tourism in ASEAN by AirAsia
The package is open for boo
Read the full story:
AirAsia Launches ASEAN Explorer Pass for Convenient and Affordable Travel Across the Region
Dacia Duster, we tried the new generation. Here’s what it offers, how it goes and how much it costs
Listen to the audio version of the article
Forefather of the next generation of the Dacia family, the new Duster is linked to the previous one with only two parameters: functionality and a price list that respects the fair relationship between costs and contents. A formula which at Dacia does not mean the absence of equipment but, on the contrary, the presence of what the times require to be present in a car. From here on, the third series of the Duster is completely different from the previous one thanks to the design and the general upgrade which raises the bar of sustainability, digitalisation and safety. Ingredients that Dacia will use for the transformation of its line up, which will largely be made up of SUVs.
Dacia Duster, photos of the test of the new generation
Photogallery14 foto
View
Dacia Duster, new architecture, hybrid and LPG engines and also all-wheel drive
The new Duster shares a platform and some hybrid engines with the Renault Clio and Captur. In fact, it is based on the Cmf-B architecture which allows the adoption of both the already well-known ecological three-cylinder of the 1-litre Eco-G 100 with 100 horsepower with dual petrol/LPG fueling and the 1.2-litre three-cylinder turbo with 130 horsepower of the Tce 130 with 48V mild-hybrid technology combined with the six-speed manual gearbox, as well as the full-hybrid powertrain with 140 horsepower of the Hybrid 140. The system consists of a 1.6-liter four-cylinder petrol engine supercharged, by two electric motors and a six-speed electrified automatic gearbox, four of which are reserved for the internal combustion engine and two for the electric ones. The system allows this D
Read the full story:
Dacia Duster, we tried the new generation. Here’s what it offers, how it goes and how much it costs
Center asked Singapore-Hong Kong, why did they ban spices? – India seeks details from Singapore and Hong Kong after ban on MDH, Everest spices
– 2024-04-25 16:58:03
2024-04-25 16:58:03
New Delhi: India, the world’s largest producer, consumer and exporter of spices, has sought details from food safety regulators of Singapore and Hong Kong regarding the ban on spice products of two Indian companies. Singapore and Hong Kong recently banned some spice products from MDH and Everest companies due to quality concerns. The Commerce Ministry has also directed the Indian embassies present in these two countries to send a detailed report on this matter. The min
Read the full story:
The perception of insecurity rose in March, reports Inegi
Mexico City. After having reached its lowest level in December since the National Urban Public Safety Survey (ENSU) was carried out in more than a decade, the perception of insecurity of the population aged 18 and over, residing in 90 cities in Mexico, rebounded in March 2024, revealed the National Institute of Statistics and Geography (Inegi).
Nationally, six out of 10 people (61 percent of the population) considered it unsafe to live in their city. The above, stated the Inegi, represented a statistically significant change in relation to the percentages of December 2023 and March 2023 (59.1 and 62.1 percent, respectively).
Likewise, the perception of insecurity interrupted two readings of consecutive declines (September 2023, 61.4 percent and December 2023, 59.1 percent). Meanwhile, by gender, there was also an increase in the perception of insecurity, since 66.5 percent of women and 54.5 percent of men considered that it is unsafe to live in their city. Last Dec
Read the full story:
CDG Invest Acquires 20% Stake in Moroccan Higher Education Holding Company: Groupe Atlantique Expansion Plans Unveiled
2024-04-25 14:58:00
(Ecofin Agency) – The investment arm of the Caisse de Dépôt et de Gestion group (CDG) strengthens its position in the private education sector. The operation had been notified to the Moroccan Competition Council since mid-March.
Private equity fund manager CDG Invest announced on Wednesday 24 April 2024 the acquisition of a 20% minority stake in the capital of Moroccan higher education holding company Groupe Atlanti
Read the full story: