SoftBank Broadens Scope from Unlisted Startups to the Technology Sector
SoftBank Group Corp has recently moved from their main focus on investing in unlisted startup companies and into building stakes in major...
News & Updates
mikepomery
- Aug 13, 2020
- 2 min
Scientists Create Algorithm in an Attempt to Improve Large-Scale Quantum Computing Prospects
Researchers from the University of Sydney have recently released an algorithm that aims to improve the application and implementation of...
mikepomery
- Aug 6, 2020
- 1 min
Gold Prices hit Historical High
Gold prices have moved beyond the resistance line of USD $2000 recently, reaching all-time highs at USD $2048 before tracking downwards...
mikepomery
- Aug 3, 2020
- 2 min
USD Records Worst Month in a Decade in response to Coronavirus Concerns
The USD Dollar Index was down almost five percent at the end of July, which is the worst drop since 2010. The global market is showing...
mikepomery
- Jul 31, 2020
- 1 min
JP Morgan Acceeds to Modernity
US investment bank JP Morgan has seemingly properly embraced the modern world of fintech operational parameters by hiring a machine...
mikepomery
- Jul 28, 2020
- 2 min
Robintrack gains Attention from Hedge Funds
The popular retail broker Robinhood, and more specifically the website that tracks Robinhood investor activity has recently attracted the...
mikepomery
- Jul 21, 2020
- 2 min
Forex Traders Lose Faith in Euro Currency
FX traders have reacted in a very pessimistic manner to the most recent data released from the European Union (EU), following an initial...
mikepomery
- Jul 20, 2020
- 1 min
AI may Help Companies in a Recession
The global economy is shrinking rapidly. The recession hit the globe in a manner that was a shock to most. It is shaping up to be deeper...
mikepomery
- Jul 13, 2020
- 2 min
Wall Street Earnings: A Bounce that May Not Come
Amidst all the uncertainty to the global economy that the Coronavirus pandemic brings, one fact stubbornly persists. The second-quarter...
mikepomery
- Jul 10, 2020
- 2 min
AI Fitness Report shows the Current Top Sell-Side Equity Algorithms
A newly released report titled AI in Sell-Side Equity Algorithms: Survival of the Fittest, where researchers interviewed fifty algorithm...
mikepomery
- Jul 6, 2020
- 1 min
Hospitals Continue to Embrace Swarm Learning
Artificial Intelligence that learns in a collective manner, sharing data across the globe, is often called Swarm Learning. Hospitals are...
mikepomery
- Jul 3, 2020
- 1 min
Linux Red Hat still shown as Trailblazer of Supercomputing Operating Systems
Red Hat Incorporated, the global leader in open source solutions, has recently revealed that Red Hat Enterprise Linux is the driving...
mikepomery
- Jul 1, 2020
- 2 min
AI used to Predict Criminality based on a Face Entices Controversy
A press release in early May this year from Harrisburg University that claimed they were developing an AI that could determine if someone...
mikepomery
- Jun 26, 2020
- 1 min
Machine Learning Market Report 2020
The Global Machine Learning Market Report 2020 and Forecast to 2025 has been recently released. The recently introduced report covers the...
mikepomery
- Jun 24, 2020
- 1 min
Experts Warn of upcoming Bear Market
The US stock market is overbought to the point that it is becoming dangerous. The current bubble of overinflated stock values is seen by...
mikepomery
- Jun 22, 2020
- 1 min
Machine Learning continues to Combat Financial Cybercrime
Over the past few months, unemployment systems in America have been continuously scammed by sophisticated international hackers, who...
mikepomery
- Jun 18, 2020
- 1 min
Wall Street Bulls may soon be Proven Wrong
The United States Federal Reserve has been effectively printing money for a decade using Quantitative Easing (QE) measures in order to...
mikepomery
- Jun 17, 2020
- 2 min
PULSE AI Enhances Low Resolution Images akin to TV Crime Shows
“Enhance!” is the often heard vernacular of crime shows such as CSI. Lab technicians in these shows were seemingly forever prompted to...
mikepomery
- Jun 16, 2020
- 2 min
NCIMI to team with GE Healthcare to look into Algorithms for Covid-19 Diagnosis
The National Consortium of Intelligent Medical Imaging (NCIMI) has teamed up with GE Healthcare, led by a team based at the University of...
mikepomery
- Jun 11, 2020
- 1 min
Jeffrey Gundlach of DoubleLine Capital says US Dollar set to Fall
The CEO of DoubleLine Capital, Jeffrey Gundlach, has recently warned that the US dollar is not likely to track much higher in the...
mikepomery
- Jun 8, 2020
- 1 min
Nasdaq NQROBO: The Cutting-Edge Index you Probably Didn’t Know About
Around this time last year, the Nasdaq CTA Artificial Intelligence and Robotics Index (NQROBO) launched, tracking companies engaged in...
mikepomery
- Jun 4, 2020
- 2 min
Renewed Demand for Oil from China could help Recover Global Oil Price
The level of China’s oil demand has leapt up more than ninety percent of the levels seen before the Coronavirus epidemic hampered the...
mikepomery
- Jun 2, 2020
- 1 min
Microsoft to axe Editorial Staff in order to Replace them with Artificial Intelligence
The inexorable march forward of Artificial Intelligence (AI) continues today with the recent revelation that Microsoft is reportedly...
mikepomery
- Jun 1, 2020
- 1 min
Google suggests EU to use Existing Laws to Control emerging Artificial Intelligence
Calling on the European Union (EU) to sway towards using and perhaps tweaking current laws to govern the use of AI, Google has cautioned...
mikepomery
- May 27, 2020
- 1 min
United States Bond Market Hopeful for more Fed Interventions to stave off Next Depression
The United States Federal Reserve, having already implemented a number of new policies to mitigate the impending effects of a potential...
Tower Technology Team
- May 15, 2020
- 2 min
Australian Steel Manufacturer hit by Recent Cyberattack
BlueScope Steel, an Australian steel manufacturer, has been the victim of a recent cyberattack that has affected some of its operations,...
Tower Technology Team
- May 14, 2020
- 1 min
Australian Securities Exchange Drops after almost 600,000 Australians become Unemployed
The Australian Securities Exchange (ASX) has remained in pessimistic territory after the nation’s unemployment rate jumped drastically as...
Tower Technology Team
- May 13, 2020
- 2 min
Commonwealth Bank of Australia Prepares for AUD $1.5 Billion in Potential Defaults
As the Coronavirus pandemic continues to sink its tendrils into more and more facets of the economy, the Commonwealth Bank of Australia...
Tower Technology Team
- May 12, 2020
- 2 min
Algorithm use Expands to the Detection of Smuggled Nuclear Material
A newly-developed algorithm has been shown to quickly sort benign from illicit radiation signatures in the same cargo, allowing faster...
Tower Technology Team
- May 11, 2020
- 2 min
Indian Central Bank ‘Stealth’ Support may lead to an Increased Level of Purchased Bonds
Indian Prime Minister Narendra Modi’s administration has signalled a possible winding back of it’s austerity-forward approach to India’s...
Tower Technology Team
- May 8, 2020
- 2 min
Australian Government announces Plan to Ease Coronavirus Restrictions
The Australian Prime Minister Scott Morrison has recently revealed plans to re-open the Australian economy through progressive lifting of...
Tower Technology Team
- May 7, 2020
- 2 min
ASIC warns Retail Investors that now is Not the Time to Develop a Trading Strategy
The Australian Securities and Investment Commission (ASIC) has recently warned against retail investors leaping into trading exchanges in...
Tower Technology Team
- May 6, 2020
- 1 min
ASX Dips in the Open
The Australian Securities Exchange (ASX) has worsened its decline during midday trade. The benchmark S&P/ASX200 (^AXJO) has sunk lower...
Tower Technology Team
- May 5, 2020
- 2 min
AI Algorithm shows Accurate Prediction of Alzheimer’s Disease
In Boston, USA, researchers have unveiled an algorithm that has been shown to accurately predict risk and even diagnose for Alzheimer’s...
Tower Technology Team
- May 4, 2020
- 2 min
Rise of the Machines
Algorithms trading on stock markets are no new thing. In an era almost defined by machination and computation replacing human labour and...
Tower Technology Team
- May 1, 2020
- 1 min
Armed Protestors Storm Michigan State Capital to Demand end to Coronavirus Lockdown
Dozens of heavily-armed protestors have recently occupied the US Michigan State Building to demand a rescinding of recent Coronavirus...
Tower Technology Team
- Apr 30, 2020
- 2 min
A Lack of Planning beyond September could see Australian Economy entering the next Great Depression
Economic experts are looking with concern at the apparent lack of stimulus or economic measures beyond September in Australia.
Tower Technology Team
- Apr 29, 2020
- 1 min
China Securities Regulatory Commission Sanctions Approval of Hog Futures
The China Securities Regulatory Commission (CSRC) has recently approved the Dalian Commodity Exchanges (DCE) listing of hog futures in a...
Tower Technology Team
- Apr 28, 2020
- 1 min
Australian Credit Market Signals More Help Needed
The recent implementation of quantitative-easing measures from the Reserve Bank of Australia (RBA) has been largely welcomed by the...
Tower Technology Team
- Apr 27, 2020
- 2 min
Absence of Immigration Workers threatens Australian Economy
With visa workers returning home due to Australia’s Coronavirus restrictions, the nation’s economy is at a very real risk of running out...
Tower Technology Team
- Apr 24, 2020
- 2 min
Consortium of Australian Manufacturing Businesses Band Together to make Ventilators
A group of Australian businesses have formed a consortium with the express purpose of manufacturing ventilators needed during the...
Tower Technology Team
- Apr 22, 2020
- 1 min
Reserve Bank of Australia expects Gross Domestic Product to be Subdued through September
The Reserve Bank of Australia (RBA) has announced in their monthly meeting that they expect the Australian economy to retract in the June...
Tower Technology Team
- Apr 20, 2020
- 3 min
Australian Economists Publish Open Letter urging Continued Quarantine
In response to an increasing number of Australian commenters vocalising their desire for social distancing measures to be scaled back,...
Tower Technology Team
- Apr 18, 2020
- 1 min
International Monetary Fund Shoots Back at Australian Treasurer after his Dismissal of their Finding
The International Monetary Fund (IMF) had had to recently fact-check Australian Treasurer Josh Frydenbeg after he dismissed the IMF’s...
Tower Technology Team
- Apr 16, 2020
- 1 min
G20 Reaches Agreement to Freeze Debt of Poorest Countries
Officials from the Group of 20 (G20) major economies have today agreed to halt payment of debt for the world’s poorest countries during...
Tower Technology Team
- Apr 11, 2020
- 1 min
People’s Bank of China Lowers Required Reserve Ratio for Banks to Increase Liquidity
The People’s Bank of China (PBOC) will release 400 billion Yuan (56 billion USD) of liquidity into their economy by lowering the reserve...
Tower Technology Team
- Apr 9, 2020
- 1 min
Australian stock market closes 3.46% higher before Easter close
The Australian Securities Exchange (ASX) has finished the week on a strong note before the Easter long weekend, echoing the optimism of...
Tower Technology Team
- Apr 8, 2020
- 1 min
USD firms in response to Coronavirus concerns
Consumer sentiment concerning the coronavirus has moved back into negative bias across the globe, prompting investors to once again seek...
Tower Technology Team
- Apr 7, 2020
- 2 min
Gold Futures Surge in response to Coronavirus Pandemic
Prices of gold futures have rallied to above $1700 USD an ounce (the highest level seen since 2012) as investors respond to the global...
Tower Technology Team
- Apr 6, 2020
- 2 min
Oil price slump hits Australia’s already faltering economy
Saudi Arabia and Russia, two of the world’s hydrocarbon superpowers, clashed recently over oil output, prompting Saudi Arabia to increase...