πŸ“° News Alert... πŸ”– Title: GMS Core Profit Slides for Second Straight Quarter Amid Rising Costs πŸ—“οΈ Published: 2025-07-22T10:34:32.000Z πŸ“„ Summary: GMS, a leading global merchandising services company, has reported a decline in its core profit for the second consecutive quarter. The drop is largely attributed to increasing operational costs and supply chain challenges. Despite these hurdles, GMS remains focused on strategic initiatives to improve efficiency and drive long-term growth. The company continues to adapt to market conditions while exploring new opportunities to enhance shareholder value. πŸ”— πŸ—žοΈ Source: Yahoo Finance πŸ’“ #BusinessUpdate #MarketTrends #CorporateEarnings
πŸ“° News Alert... πŸ”– Title: Handshake CEO Highlights Shift Toward STEM Experts in AI Training πŸ—“οΈ Published: 2025-07-21 πŸ“„ Summary: Garrett Lord, CEO of Handshake, reveals a significant change in the AI training and data annotation industry. Initially requiring generalist contractors, the sector now demands highly specialized STEM professionalsβ€”including experts in accounting, law, medicine, physics, math, and chemistryβ€”to train cutting-edge AI models. This transition comes amid a surge in demand following Meta's $14.3 billion investment in Scale AI, a major player in the field. Handshake contractors with domain expertise are earning between $100 and $125 per hour, far surpassing the pay rates for generalists on other platforms. With AI labs fiercely protecting their data and techniques, this shift signals a new era where advanced knowledge is crucial for AI development roles. πŸ”— πŸ—žοΈ Source: Business Insider πŸ’“ #ArtificialIntelligence #STEMJobs #AITraining
πŸ“° News Alert... πŸ”– Title: Ark Invest swaps Coinbase, Robinhood stakes for major $175M Ethereum play with BitMine Immersion πŸ—“οΈ Published: 2025-07-21T00:00:00.000Z πŸ“„ Summary: Cathie Wood’s Ark Invest is reshaping its crypto investment portfolio by reducing positions in Coinbase, Robinhood, and Block, while significantly increasing its holdings in BitMine Immersion, an Ethereum-centric treasury firm. The firm added 4.4 million BitMine Immersion (BMNR) shares to three actively managed ETFs, signaling a strategic pivot towards Ethereum's growing ecosystem. This move underscores Ark Invest’s focus on blockchain innovation and long-term crypto opportunities. πŸ”— πŸ—žοΈ Source: CryptoSlate πŸ’“ #CryptoInvestment #Ethereum #ArkInvest
πŸ“° News Alert... πŸ”– Title: President Trump Enacts First Major Cryptocurrency Legislation with the GENIUS Act πŸ—“οΈ Published: 2025-07-22T14:00:00.000Z πŸ“„ Summary: President Trump signed the groundbreaking GENIUS Act into law, marking a significant milestone in cryptocurrency regulation. This legislation establishes the first comprehensive regulatory framework for payment stablecoins. The bill faced a rocky path through the House, where internal GOP divisions sparked debate over multiple crypto-related bills. Despite the challenges, the successful passage of the GENIUS Act signals a new era of clarity and oversight in the digital currency landscape. πŸ”— https://thehill.com/policy/technology/5412298-genius-act-crypto-regulation-5-things/ πŸ—žοΈ Source: Julia Shapero πŸ’“ #CryptoRegulation #Stablecoins #FINTechInnovation
πŸ“° News Alert... πŸ”– Title: Shoppers Turn to Supermarket Own-Label Products as Grocery Inflation Hits 5.2% in July πŸ—“οΈ Published: 2025-07-22T14:00:00.000Z πŸ“„ Summary: Grocery price inflation climbed to 5.2% in July, marking the highest rate since January 2024. This increase is set to raise household grocery bills by nearly Β£300 annually. In response, consumers are shifting towards supermarket own-label ranges and opting for simpler home-cooked meals to manage rising costs, according to research by Worldpanel. This trend underscores changing shopping behaviors amid ongoing inflationary pressures. πŸ”— πŸ—žοΈ Source: The Guardian πŸ’“ #GroceryInflation #ConsumerBehavior #SupermarketSavings
πŸ“° News Alert... πŸ”– Title: ETH Prints a Doji on Daily Chart as XRP Teases Double Top Intraday πŸ—“οΈ Published: 2025-07-22T14:04:22.000Z πŸ“„ Summary: Ethereum (ETH) shows indecision in the market with a Doji candlestick pattern forming on its daily chart, signaling potential uncertainty among traders. Meanwhile, XRP is approaching a critical resistance level, teasing a possible double top pattern on intraday charts, which could imply a reversal if confirmed. These technical developments are closely watched by investors anticipating short-term moves in the crypto market. πŸ”— πŸ—žοΈ Source: Omkar Godbole πŸ’“ #Cryptocurrency #Ethereum #XRP
πŸ“° News Alert... πŸ”– Title: General Motors Beats Q2 Earnings Estimates Amid Tariff Uncertainty πŸ—“οΈ Published: 2025-07-22T14:00:00.000Z πŸ“„ Summary: General Motors reported second-quarter earnings that surpassed Wall Street’s expectations, demonstrating resilience despite the ongoing challenges posed by President Donald Trump's auto tariffs. The automaker’s strong performance reflects robust operational management amid a complex trade environment, signaling confidence in its strategic approach to global market conditions. πŸ”— πŸ—žοΈ Source: CNBC πŸ’“ #AutomotiveIndustry #EarningsBeat #TradePolicy
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