Faster Finance Simulations Via IonQ Quantum Computers

IonQ’s quantum computers are now powerful enough to demonstrate a state-of-the-art quantum algorithm from Goldman Sachs and QC Ware that could one day speed up Monte Carlo simulations. These simulations are key for problem solving in many industries, including finance, telecommunications, robotics, climate science, and drug discovery. Arxiv -Low depth amplitude estimation on a trapped …

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Overview of the Auto Chip Industry

Infineon, NXP, and Renesas were the leading automotive semiconductor manufacturers worldwide in 2020. Infineon’s market share was estimated at around 13.2 percent. The total market in 2020 was sized at around 35 billion U.S. dollars. In February, a winter storm in Texas caused blackouts at NXP Semiconductors, which is a major provider of automotive and …

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Multi-trillion Dollar Companies

Back in May 2018, was when Apple become the first trillion-dollar publicly traded company and then August 2020 it became the first $2 trillion company and now Apple is worth over $2.5 trillion. [$2.55 trillion]. Microsoft is at $2.26 trillion. Google is at $1.93 trillion. Amazon is $1.76 trillion. Facebook is at $1.08 trillion. There …

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CNBC “Financial Expert” Breaks News About Low Interest Rates a Decade Late

A Tesla short-seller had an epiphany, but the ridiculous epiphany is that he realized that central banks are going to mostly engineer low-interest rates for decades. This is what should be embarrassing. There have been negative interest rates in Europe since 2014. Interest rates have mostly been below 1% in Europe since about 2009. Japan …

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SPACS Make it Tougher for Warren Buffet

During the 2021 Annual Berkshire Hathaway share meeting, Warren Buffet says SPAC make it tougher for Berkshire to make new acquisitions. Berkshire has been competing with private equity funds for a long time. SPAC funds have to buy companies within two years after raising their funds. It is a different equation when you must invest …

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US and Europe Financial Leaders Signal Central Bank Digital Currencies

Federal Reserve Chairman Jerome Powell has just gave a zoom conference with two of his European counterparts that there is the possibility of Central Bank Digital Currencies. Jerome Powell talked about a possible move to Central Bank Digital Currencies. He said this would be slow but transparent process which would require specific authorization from Congress. …

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Slower Spending is Avoiding Inflation

Globally, there has been a lot of money printed to fight COVID and stimulate economies. The total US currency in circulation soared to $2.07 trillion by the end of 2020, according to Federal Reserve data. This was 11.6% gain from 2019 and was the biggest one-year percentage increase since 1945, as the nation was coming …

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