France's AI Ambition📱CRDO AI 📈 CRM NTNX 📉

FlowBank's hand-curated fresh financial news [header_noDither] France Sets Ambitious AI Goal with Support from US Tech Giants France is making a significant push to become a global leader in artificial intelligence, leveraging support from major US tech companies. At the VivaTech 2024 event, French President Emmanuel Macron highlighted the country’s ongoing efforts and strategic investments in AI since 2017. The initiative focuses on nurturing domestic talent, fostering innovation, and creating a startup-friendly environment. However, challenges such as high energy costs, taxes, and regulatory hurdles remain. With continued investment and international collaboration, France aims to enhance its global standing in AI technology and innovation WHAT'S MOVING [Group 1742 (8)-3] [Start Trading](113/cXx8Z04/VWS5Gv4X_TNCW762Fxs89vywsW91lZlN5fLC1JN1HNyZW2-ZVTW6N1vHY6lZ3q3W4qCq5W3RbpcYN8z9HYJw-KVtW59WX7t14bDpTW2yDnZx5QD6ssW1v6CQx6LNCrYW8lq05c2gX_HyN3lR-WGK2FndV-K1wG2PQCtkW3v274L633L4-W5--0CS4-F1wRVvx1bn1R--79MSX23TDrZF0VwgLZJ7Qw_dwN1SqGs4xQGjLW84Z9v51rHZ-wMbqpV3t9C-hW4hJ7g04f6-WkN5KJR58ZgGGwW7qkYn83llm6WW5hl_767LNh-5W921FVk7W8x9jVbKlHM4Yw1NXf4nRQ_K04) [Group 1754 (7)-1] Google Google has announced a $2 billion investment in Malaysia to build a data center, aiming to meet the growing demand for AI services in the region. [Group 3 (7)-4] SK Group SK Inc. surged 16% following the announcement of a $1 billion divorce settlement by the company's chair, reflecting investor confidence in the resolution of potential uncertainties [Group 1753 (9)-1] Amazon Amazon received FAA approval to begin drone delivery trials in the U.S., marking a significant milestone for its Prime Air service, which aims to deliver packages in under an hour. This approval is expected to further enhance Amazon's logistics capabilities and efficiency​ WHAT'S COMING UP? USD: Nonfarm Payrolls - Exp: 180K v Prev: 165K USD: Unemployment Rate - Exp: 3.5% v Prev: 3.4% USD: Average Hourly Earnings MoM - Exp: 0.3% v Prev: 0.4% EUR: CPI YoY - Exp: 6.9% v Prev: 7.0% GBP: Manufacturing PMI - Exp: 48.0 v Prev: 47.8 IN OTHER NEWS Wall Street The US stock market experienced mixed results yesterday. The Dow Jones Industrial Average rose by 0.2%, the S&P 500 gained 0.3%, and the Nasdaq Composite increased by 0.4%. Key economic data included a higher-than-expected rise in consumer confidence and an unexpected decline in jobless claims, which positively influenced investor sentiment [Group 1769] Europe European stock markets closed higher yesterday. The Stoxx Europe 600 index rose by 0.6% to 516.50. Key economic data included better-than-expected consumer confidence figures, which boosted investor sentiment. Germany’s DAX increased by 0.1% to 18,496.79, while France’s CAC 40 gained 0.6% to 7,978.51 MARKET INSIGHTS Flying Cars? Is Xpeng the Next Big Thing? Is Now the Time to Invest in Xpeng AeroHT and Its Flying Cars?This division of Xpeng Motors has been making exciting headlines, but are we seeing a blip or the birth of a new industry? [Read more](113/cXx8Z04/VWS5Gv4X_TNCW762Fxs89vywsW91lZlN5fLC1JN1HNyZj2-ZVTW5BW0B06lZ3nsW2xh3rk7w_RXJW8nZsWn9l80WvW54p3dQ3ldM4RW6bX2vx76nxdyW38f7wZ37yZzXVlDNHc25kpb_W8xqcQZ3b0MYyW45Gg5v6wJgcqW7BQdgv3NhSjVVC81sv7PTp7MW5z29321GXY85W306g9f2zn-jfW1QP6Tq7qD5CJVN0_yX3-0SqsW1dWg_r51w6tqVm3LBJ5-hP16W8xBlx06skWd9W3dzDbk1yzkRNd4XZ1604) Please note that due to market volatility, some of the prices may have already been reached and scenarios played out. The information above is not investment advice. 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