Month: July 2024

IMF Says Canada Achieved A ‘Soft Landing’ With Inflation

The International Monetary Fund (IMF) says the Canadian economy appears to have achieved a “soft landing” when it comes to taming inflation. A so called “soft landing” refers to a situation where elevated interest rates lower inflation without causing an economy to fall into recession.Central banks around the world have been trying to orchestrate a soft landing for their respective economies ever since inflation spiked coming out of the Covid-19 pandemic. The latest inflation reading in Canada for June showed that consumer prices rose an annualized 2.7%, which is within the 1% to 3…

Here are Five of the Top Artificial Intelligence Stocks to Buy Right Now

The artificial intelligence market shows no signs of cooling, creating substantial opportunities for companies such as VERSES AI (CBOE: VERS) (OTCQB: VRSSF), Nvidia (NASDAQ: NVDA), Microsoft (NASDAQ: MSFT), C3 AI (NYSE:AI) and Amazon.com (NASDAQ: AMZN). For one, according to Grand View Research, the global AI boom could grow from about $137 billion in 2022 to more than $1.81 trillion by 2030. Two, according to Goldman Sachs, Big Tech, including Microsoft, Alphabet, Meta an Amazon.com, could spend about $1 trillion over the next four years, creating an even bigger opportunity. Three, according…

Massamo Out with Line of Robots

Houston-based Massimo Group (NASDAQ: MAMO), a manufacturer and distributor of powersports vehicles and pontoon boats, today announced the adoption of a new automated vehicle assembly robot line. The robot line is expected to be installed in the coming weeks at its 376,000 square foot factory in Garland, Texas to support production of its ATV and UTV vehicles lines.The purpose-built production line integrates an automated flexible conveyance system utilizing Automated Guided Robots (“AGRs”) that move vehicles along the assembly line, guided through the facility along pre-determined pathways. The…