Skip to main content

Tag: kpghf

Weekly Update for the week ending August 28, 2026

Posted on by

The AI Revolution: Understanding the Technology Behind the Investment Boom

Why are companies willing to spend hundreds of billions of dollars on AI? The answer comes down to competition. From Google’s AI-powered Search to Walmart’s use of AI to improve productivity and the customer experience, businesses are looking for ways to reduce costs, increase revenue, and gain an advantage over their rivals. In Part 6 of The AI Revolution, we explore why the fear of falling behind may be just as powerful a force behind today’s AI spending as the potential rewards.

Weekly Update for the week ending May 9, 2025

Posted on by

On May 3, during Berkshire Hathaway’s (NYSE: BRK.B) annual general meeting in Omaha, Nebraska, Warren Buffett surprised the crowd by announcing his plan to step down as CEO at the end of 2025. At 94, the legendary investor will stay on as chair of the board, but his long-time successor, Greg Abel, will officially take the reins in 2026. The announcement caught everyone off guard – including Abel himself – with only Buffett’s immediate family in the loop beforehand.

Weekly Update for the week ending August 23, 2024

Posted on by

Inflation and pricing

It was a relatively quiet week for the markets in terms of economic news. In the USA, investors focused on the mid-week release of the minutes from the Federal Reserve’s (Fed) last Federal Open Market Committee meeting and Fed Chair Jerome Powell’s speech at the Jackson Hole Economic Symposium, at the end of the week. These two events are crucial in indicating whether the Fed plans to lower the US benchmark rate at their September meeting.

In Canada, the biggest economic headline was the July Consumer Price Index (CPI) inflation report, which reveals whether inflation is rising or falling. Spoiler alert: it is still falling. 😊 But here is an important point—just because inflation is down does not mean prices are lower. It only means that the pace of price increases has slowed.

Weekly Update for the week ending August 2, 2024

Posted on by

This past week, the US Federal Reserve (Fed) announced that it would keep the benchmark interest rate at 5.5%, a move that was widely expected. However, the Fed also hinted at the possibility of a rate cut in September, as inflation cools and the labour market shows signs of slowing. The Federal Open Market Committee (FOMC) unanimously agreed to maintain the federal funds rate in the 5.25% to 5.5% range, where it has been for the past year.

Weekly Update for the week ending July 19, 2024

Posted on by

This past week, many of the big-name mega-cap technology companies (companies with market capitalization exceeding $200 billion which represents the total value of all outstanding shares) that have driven the indexes to record heights all year long lost favour with investors. In fact, much of this past week’s declines can be attributed to these same companies. This includes Alphabet (NASD: GOOGL), Amazon.com (NASD: AMZN), Apple (NASD: AAPL), Microsoft (NASD: MSFT) and Nvidia (NASD: NVDA).