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๐Ÿ™‹ "Latest News" Artificial intelligence (AI) has become a major driver of big tech companies' stock prices, but in the long term, the impact of this technology could have a broader positive impact on overall economic growth, UBS said. UBS analysts said AI could put the economy on a trajectory for the "roaring 20s," which "means long-term productivity growth and trend-level growth could last for years." This outcome is already possible without relying heavily on generative AI development, and Nvidia's recent performance suggests that the time for a potentially positive impact on growth is coming forward. UBS believes that the current dominant market narrative is that the economy is in a "golden age", where "strong growth goes hand in hand with disinflation", but only for a few months or quarters. This view may prevail for the time being, but if the situation continues to accelerate, investors may sooner or later have to admit to the resurgence of the "roaring 20s".#Write2Eam #TrendingTopic #BinanceSquareTurkey #Reddit $BTC

๐Ÿ™‹ "Latest News"

Artificial intelligence (AI) has become a major driver of big tech companies' stock prices, but in the long term, the impact of this technology could have a broader positive impact on overall economic growth, UBS said. UBS analysts said AI could put the economy on a trajectory for the "roaring 20s," which "means long-term productivity growth and trend-level growth could last for years." This outcome is already possible without relying heavily on generative AI development, and Nvidia's recent performance suggests that the time for a potentially positive impact on growth is coming forward. UBS believes that the current dominant market narrative is that the economy is in a "golden age", where "strong growth goes hand in hand with disinflation", but only for a few months or quarters. This view may prevail for the time being, but if the situation continues to accelerate, investors may sooner or later have to admit to the resurgence of the "roaring 20s".#Write2Eam #TrendingTopic #BinanceSquareTurkey #Reddit $BTC

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Table of Contents Edward Snowden delivers iconic Bitcoin line as Berkshire Hathaway falls 99.97% Australian spot Bitcoin ETF goes live, here's why it stands out SHIB skyrockets 10,990% in this key metric after recent SHIB team warning Cover image via U.Today U.Today has prepared the top three news stories over the past day. Edward Snowden delivers iconic Bitcoin line as Berkshire Hathaway falls 99.97% On Monday, June 3, the New York Stock Exchange was shaken by a technical issue, which resulted in the A-class shares of Warren Buffet's Berkshire Hathaway appearing to be down by almost 100%. The malfunction led to trading halts in those shares, as well as in Barrick Gold and Nuscale Power. Even though the glitch was quickly fixed and all three stocks resumed trading the same day, the incident did not go unnoticed by the crypto community, with many digital asset enthusiasts taking to social media to remind Warren Buffett of his Bitcoin criticism. Particularly, the businessman called BTC a โ€œgambling assetโ€ with zero value. However, as was noted by many crypto community members, the top crypto has never witnessed such a dramatic drop, unlike Berkshire Hathaway stock. Joining the army of commentators was Edward Snowden, the infamous whistleblower and advocate for privacy rights; in his X post, Snowden delivered the iconic Bitcoin line "Bitcoin fixes this," potentially implying that he sees the asset as a solution to various technical vulnerabilities.#BnbAth #StartInvestingInCrypto #ETHETFsApproved #FIT21 #Write2Earn!
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