Archive for Category: Finance

Artificial Intelligence Needs To Get Smart — Part II

Image: Orly Cactus Pear Farm, Negev Desert, Israel. Source: Dr. AvishaiTeicher, Pikiwiki Israel, CC BY 2.5, via Wikimedia Commons March2022— Myth Buster In this second entry in the series (see Part I here), we tighten the focus of the microscope on one of the few areas that Artificial Intelligence...

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The Colder War Is Heating Up — and It’s All About Energy

Image:Oil pumps, Usinsk Region, Komi, Russia. Source:PeterProkosch, GRID-Arendal,CC BY-NC-SA 2.0, via Flickr A potential massive run on Russian banks, which host over $1 trillion in assets, is just the tip of the iceberg. Western governments have imposed economic heavy sanctions on Russia for its actions involving Ukraine. This has...

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CES Energy Solutions Posts Record Q4 Revenue

Image source: CES Energy Solutions CES Energy Solutions (Toronto: CEU) reported record revenues for the fourth quarter ended Dec. 31, 2021, of C$367.8 million (US$288.1 million), an increase of 73% over the same period a year ago. The Calgary-based provider of consumable chemical solutions for the oilfield posted adjusted...

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Rapid Micro Biosystems Reports 54% Revenue Growth for 2021

Video source: YouTube, Rapid Micro Biosystems Rapid Micro BiosystemsRPIDreported strong results Friday for the fourth quarter and full year 2021. The company posted full year revenue of$21.6 million, representing growth of 54% over 2020. Full year recurringrevenue was $7.8 million, representing growth of 100% over 2020. Fourth quarter recurring...

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Meta Platforms Tumbles — Outlier or Harbinger for Tech?

Image: Meta Platforms CEO Mark Zuckerberg. Source: Meta Platforms Thefourth-quarter earnings report from Meta Platforms FB, previously known as Facebook, caused the stock to plunge. A decline in users and bearish forward guidance caused the stock to lose over one-quarter of its value in a matter of hours. Image...

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