Author: prosperplanetpulse.com
Down icon An icon in the shape of a downward angle. Mark Zuckerberg may become king of the high seas this summer, thanks to his new mega-yacht, the Launchpad. Josh Edelson/AFP via Getty Images; Reuben Griffioen/SuperYacht Times Mark Zuckerberg’s new yacht, the Launchpad, is making its debut this summer.The mega yacht recently called at Mallorca before continuing its voyage further into the Mediterranean.It looks like Zuckerberg may be on his way to overtake Jeff Bezos as the king of superyachts this year. Move over, Jeff Bezos. Mark Zuckerberg is this summer’s Poseiden.While the Amazon founder made waves last year with…
In recent months, a worrying trend has emerged in the Israeli technology industry: a noticeable decline in AI investments. Calcalist Article While investment in the United States has surged tenfold and in Europe fourfold, Israeli AI investment has reportedly fallen to 2018 levels, signaling a possible weakening of Israel’s position as a global technology leader. Understanding the factors behind this decline is crucial for formulating future strategies.From 2020 to 2023, AI investment in the United States surged 10-fold and in Europe increased four-fold. In contrast, Israel’s AI investment in 2023 fell to 2018 levels. This startling decline highlights the urgency…
Two Guwahati-based startups are looking to revolutionize the making of pita, a beloved delicacy of Assam. They are developing a machine that will completely automate the pita making process. The innovation is still in the development stage. If successfully launched, the machine is likely to help pita gain immense popularity not just in India but also abroad. Entrepreneurship consultant Satyen Madhav Mahanta highlighted opportunities in the traditional food industry and said innovations in packaging and standardised protocols for ingredients could further expand the market. He was speaking next to a pita-making machine during a two-day entrepreneurial skills development programme. The…
Denver police monitor a group of pro-Palestinian protesters before the Denver Pride Parade on Sunday, June 23, 2024. (Photo by Zachary Spindler Craig/The Denver Post) Having sniper-trained police in our neighborhood to protect us and our homes is something we never expected to see when we were elected to the University of Colorado Board of Trustees (an unpaid elected position). But that’s exactly what happened to both of us when a group of anti-Israel protesters descended on both our homes this month. We are extremely grateful to the police who protected us and our families, and we remain grateful to…
Looking at Microchip Technology’s (NASDAQ:MCHP) recent performance, it’s hard to get excited, with the share price down 5.9% over the past month. However, share prices are usually driven by a company’s long term financial performance, which in this case looks very promising. In particular, we’ll be looking at Microchip Technology’s ROE today.Return on equity (ROE) is an important factor to consider for a shareholder because it tells them how effectively their capital is being reinvested. Put simply, ROE tells you the profit each dollar of shareholder investment generates. Read our latest analysis for Microchip Technology How is ROE calculated?ROE can…
President Biden’s aides want to dismiss his dismal performance in Thursday’s debate as just a bad night and are urging Democrats to buckle up and fight on. But many in the party (and even more in pundit world) think Biden should step aside and make way for a new nominee, lest the president’s weakness open the door wide for a disastrous return of Donald Trump.Neither perspective fully grasps the depth of the mess the Democratic Party and the country find themselves in. Biden’s defenders underestimate the potential long-term damage of his performance in the presidential debate, which was designed to…
Repeated predictions of an imminent U.S. recession over the past few years may have paved the way for investors to weather the downturn when it does arrive. Northwestern Mutual Wealth Management chief investment officer Brent Schutte told CNBC that his team is shifting investments to cheaper stocks that are likely to hold up in a downturn because those sectors have already been hit. “The world has been talking about a recession for almost two years, and people have been investing that way,” Schutte said. When investment professionals say stocks are cheap, they usually use valuation metrics. Schutte said the price-to-cash-flow…
June is drawing to a close, another “climax” in the never-ending election cycle that characterizes politics in the country. When I was younger, we had a fairly finite number of election cycles. Every two years we had a campaign, a primary, an election, and then every two years, every four years, we had a presidential election. The parties couldn’t agree on what policies should be implemented and how. But in the end, there was always compromise, we could acknowledge our differences, and move forward with the intent of pursuing the best interests of the American people. There were always serious…
A concept image showing a regular US Dollar banknote that is half melted and liquified dripping on … [+] an isolated studdio backgroundgetty Big Tech looms big across the vast expanse of Silicon Valley, often deciding the destiny of many bright businesses with its overpowering impact. Consider the narrative of Vine, the six-second video platform that gained popularity for its original content approach—only to be eclipsed and finally swallowed by Twitter, a software giant with more general social media goals. Vine’s creative idea and fast expanding user base were no match for the strategic realignments and competitive pressure its big…
‘The whole market crashed, but I was saved’: Mark Cuban reveals how he saved his $1.4 billion fortuneMost people know Mark Cuban as the billionaire entrepreneur who appears on ABC’s reality show “Shark Tank,” and sports fans may know him as the former owner of the Dallas Mavericks.But on Wall Street, Cuban is famous for using savvy options trades to protect $1.4 billion in stocks from the stock market crash of 2000. “The whole market crashed, but I was protected,” Cuban told Howard Stern in 2013.do not miss itHere’s how this investing legend averted disaster when the dot-com bubble burst.Cuba’s…