Pictured here is an AI-generated clip from Vidu's website. The tool can create videos from text or image prompts.Evelyn Cheng | CNBCBEIJING — Beijing-based Shengshu Technology on Wednesday said that its artificial intelligence-powered text-to-video tool Vidu will now be able to generate videos by combining images.Vidu already allows users worldwide...
Category: Finance
Trump is the most pro-stock market president in history, Wharton’s Jeremy Siegel says
The stock market could enjoy a bigger boost from President-elect Donald Trump than any previous administration thanks to his pro-business policies, according to Jeremy Siegel, finance professor at the Wharton School of the University of Pennsylvania."President-elect Trump is the most pro-stock market president we have had in our history," Siegel said...
‘Two-stocks’ are better than one? Repacking ‘pair trades’
The exchange-traded fund industry is trying to make pair-trade strategies more accessible to everyday investors.Tidal Financial Group's Michael Venuto filed last month for eight two-stock ETFs: going long one stock and short the other."They should come out probably in about two or three months," Venuto, the firm's chief investment officer and co-founder,...
China expected to announce highly anticipated fiscal stimulus package
Pictured here is a construction site of property developer Hongkong Land, in Shanghai on Nov. 4, 2024.Feature China | Future Publishing | Getty ImagesBEIJING – China is widely expected to unveil more stimulus on Friday after its parliament ends a five-day meeting.Authorities here have ramped up stimulus announcements since late...
China reviews plan to increase local government debt
A Chinese flag flutters on top of the Great Hall of the People ahead of the opening ceremony of the Belt and Road Forum (BRF), to mark 10th anniversary of the Belt and Road Initiative, in Beijing, China October 18, 2023.Edgar Su | ReutersBEIJING — A closely watched meeting of...