Incorrect Direction Led to Leveraged Nvidia Bet Attracting $740 Million Before Decline

Incorrect Direction Led to Leveraged Nvidia Bet Attracting 0 Million Before Decline

Day traders who have been benefiting from the AI-driven stock market frenzy have been reaping significant profits week after week. However, a group of retail investors who heavily invested in a leveraged ETF are now facing substantial losses amounting to $400 billion due to the drop in Nvidia Corp’s stock value. The GraniteShares 2x Long … Read more

Google’s AI is producing a flood of confidently incorrect information

Google’s AI is producing a flood of confidently incorrect information

Google’s AI search, known for providing users with regurgitated web results, delivers answers to queries in a concise tone, but the accuracy is often questionable. The AI has been generating responses that range from hilarious to harmful, including promoting the false claim that eating ass can boost the immune system based on a satirical article … Read more