Goldman Sachs Asset Management says some stocks currently offer a “hugely attractive entry point” for investors.
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Goldman names four megatrends with ‘oversold’ stocks to buy right now
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German startup DeepL says latest Nvidia chips lets it translate the whole internet in just 18 days
DeepL CEO Jaroslaw “Jarek” Kutylowski. DeepL DeepL on Wednesday said it was deploying one of the latest Nvidia systems that would allow the German startup to translate the whole internet in just 18 days. This is sharply down from 194 days previously. , DeepL is a startup that has developed its own AI models for and […]
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Europe’s fastest-growing nuclear fusion company raises $148 million in record funding round
Germany, Lower Saxony, Grohnde, Grohnde Nuclear Power Plant. Westend61 German start-up Proxima Fusion on Wednesday announced it had raised 130 million euros ($148 million) in a record funding round, with investors hopeful the company can soon develop the world’s first commercial nuclear fusion power plant. The Series A financing round, which was co-led by investors […]
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UniCredit CEO says Commerzbank currently too expensive for takeover offer
Andrea Orcel, chief executive officer of Unicredit, in London, UK, on Thursday, Nov. 23, 2023. Bloomberg | Bloomberg | Getty Images UniCredit CEO Andrea Orcel on Wednesday told CNBC that the share price of potential takeover target Commerzbank is currently too prohibitively expensive for a merger deal. UniCredit has built a surprise stake in Commerzbank […]
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