For anyone curious about how technology is reshaping business — and our lives.
Today, AI often notices only the big brands. Ask Claude where to buy flowers, and she’ll point you to nationwide chains, ignoring local shops.
It looks like we now have to think about SEO not just for people, but for neural nets as well.
Check out Max Votek’s channel. Max is an entrepreneur, investor, and co-founder of Customertimes. For 17 years he’s been embedding technology into the business processes of large companies — and living among alligators in sunny Florida.
On the channel you’ll find candid thoughts on AI, business, and how it all really works (and breaks) in real life:
No generic buzzwords, no five steps to success — just real stories, personal experience, and practical takeaways. I recommend subscribing to @VotekOutLoud
For anyone curious about how technology is reshaping business — and our lives.
Today, AI often notices only the big brands. Ask Claude where to buy flowers, and she’ll point you to nationwide chains, ignoring local shops.
It looks like we now have to think about SEO not just for people, but for neural nets as well.
Check out Max Votek’s channel. Max is an entrepreneur, investor, and co-founder of Customertimes. For 17 years he’s been embedding technology into the business processes of large companies — and living among alligators in sunny Florida.
On the channel you’ll find candid thoughts on AI, business, and how it all really works (and breaks) in real life:
No generic buzzwords, no five steps to success — just real stories, personal experience, and practical takeaways. I recommend subscribing to @VotekOutLoud
Spiking bond yields driving sharp losses in tech stocks
A spike in interest rates since the start of the year has accelerated a rotation out of high-growth technology stocks and into value stocks poised to benefit from a reopening of the economy. The Nasdaq has fallen more than 10% over the past month as the Dow has soared to record highs, with a spike in the 10-year US Treasury yield acting as the main catalyst. It recently surged to a cycle high of more than 1.60% after starting the year below 1%. But according to Jim Paulsen, the Leuthold Group's chief investment strategist, rising interest rates do not represent a long-term threat to the stock market. Paulsen expects the 10-year yield to cross 2% by the end of the year.
A spike in interest rates and its impact on the stock market depends on the economic backdrop, according to Paulsen. Rising interest rates amid a strengthening economy "may prove no challenge at all for stocks," Paulsen said.
Traders also expressed uncertainty about the situation with China Evergrande, as the indebted property company has not provided clarification about a key interest payment.In economic news, the Commerce Department reported an unexpected increase in U.S. new home sales in August.Crude oil prices climbed Friday and front-month WTI oil futures contracts saw gains for a fifth straight week amid tighter supplies. West Texas Intermediate Crude oil futures for November rose $0.68 or 0.9 percent at 73.98 a barrel. WTI Crude futures gained 2.8 percent for the week.
