Inflation in the Euro Zone drops to 2.4%, Below Forecasts

According to flash data released on Thursday, annual inflation in the euro zone fell to 2.4% in November from 2.9% in October. A reading of 2.7% was anticipated by Reuters polling economists. The European Central Bank’s closely watched core inflation rate, which takes into account only the volatile effects of food, energy, alcohol, and tobacco,…

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Microsoft’s Stock Hit Record after Analysts Predict $10 Billion in Yearly AI Revenue

Microsoft shares reached a record recently after analysts at JPMorgan Chase predicted the growth prospects of the Company in artificial intelligence. The stock increased 3.2% to close at $348.10, breaking its earlier all-time high record in November 2021. AI has been a buzzword all year, since OpenAI in November 2022 released the ChatGPT chatbot, which went viral quickly….

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