China’s exporters enjoyed the benefits of a weak yuan. Now that’s changing and cutting into profits
Chinese companies seeking growth from exports face a new challenge: a strengthening yuan.
Category: News
Asia markets open lower as Wall Street recovery stalls; investors asses Japan trade data
Japan’s current account figure for June came in at 1.533 trillion yen, lower than the 1.789 trillion yen expected by…
Jamie Dimon says he still sees a recession on the horizon
Dimon, leader of the biggest U.S. bank by assets and one of the most respected voices on Wall Street, has…
Improve AI assistant response accuracy using Knowledge Bases for Amazon Bedrock and a reranking model
AI chatbots and virtual assistants have become increasingly popular in recent years thanks the breakthroughs of large language models (LLMs).…
How to Reduce Class Imbalance Bias in AI? (Explained with a Riddle)
Do you like riddles? Perfect! In this article I’ll use a riddle as a fun way to explain class imbalance…
AI Shapeshifters: The Changing Role of the AI Engineer and Applied Data Scientist
AI Shapeshifters: The Changing Role of AI Engineers and Applied Data Scientists The role of AI Engineer and Applied Data…
No sign of U.S. recession in freight demand, CEO of shipping giant Maersk says
U.S. inventories “are not at a level that is worrisome or that seems to indicate a significant slowdown right in…
Sony rules out renewing offer for Paramount, says it wouldn’t fit strategy
Hiroki Totoki, Sony’s chief financial officer, said the tech giant has no plans to submit a revised offer for Paramount.
Russians evacuate border region amid alleged Ukraine incursion
Fighting has been taking place since Tuesday, with footage showing smoke rising in some areas.
Stop Wasting LLM Tokens
Batching your inputs together can lead to substantial savings without compromising on performance Photo by Orgalux on Unsplash If you use…
OpenAI hesitant to release accurate ChatGPT text detector
OpenAI says it has developed a watermarking method that accurately detects text written by ChatGPT but is still debating whether…
Text Vectorization Demystified: Transforming Language into Data
An intuitive guide to text vectorization In my last post, we took a closer look at foundation models and large…
Shares of Wegovy maker Novo Nordisk slide 7% after earnings miss
Novo Nordisk on Wednesday announced its second quarter earnings for 2024.
Causal Inference with Python: A Guide to Propensity Score Matching
An introduction to estimating treatment effects in non-randomized settings using practical examples and Python code Continue reading on Towards Data…
SoftBank swings back to investment gain at Vision Fund, announces up to $3.4 billion share buyback
SoftBank announced it would buy back up to 6.8% of shares available amounting to up to 500 billion yen ($3.4…
China’s exports miss expectations in July, while imports pick up with growth of 7.2%
China’s imports grew faster-than-expected in July, while export growth came in below forecasts, according to customs data released Wednesday.
Walz touts record and attacks Trump in first rally as VP pick
Mr Walz tells Philadelphia rally that Republican contenders in November’s election are “weird as hell”.
Visualising Strava Race Analysis
Two New Graphs That Compare Runners on the Same Event Graph showing the comparative performance of runners. Image by Author. Have you…
Consumer giants from Starbucks to General Mills have one big sales problem: China
A theme emerging in the latest slew of U.S. companies’ earnings reports is a drag from the China market.
Airbnb shares drop 14% on earnings miss as company warns of slowing U.S. demand
Airbnb shares dropped 14% in after-hours trading after the company reported second-quarter earnings that missed analyst expectations.
‘Good vibes’ and midwestern appeal – why Harris picked Walz
His affable style and ability to land rhetorical blows on Donald Trump garnered national attention.
Build custom generative AI applications powered by Amazon Bedrock
With last month’s blog, I started a series of posts that highlight the key factors that are driving customers to…
Markets are counting on the Fed to head off recession with sizeable interest rate cuts
How Chair Jerome Powell and his cohorts react likely will go a long way in determining how investors negotiate a…
requirements.txt Is Obsolete
Managing Python project dependencies and metadata with Poetry Continue reading on Towards Data Science »
NightCafe Features, Pricing, Details, Alternatives
NightCafe is an advanced online AI tool that leverages the power of artificial intelligence to generate stunning digital art. It…
Omitted Variable Bias
Rothstein, A., photographer. (1939) Farm family at dinner. Fairfield Bench Farms, Montana. Montana Fairfield Bench Farms United States Teton County,…
OpenAI’s leadership is rocked by another set of high-profile exits
More high-profile exits at OpenAI – this time John Schulman, co-founder and Head of Research, Greg Brockman, President and Co-founder,…
Use Amazon Bedrock to generate, evaluate, and understand code in your software development pipeline
Generative artificial intelligence (AI) models have opened up new possibilities for automating and enhancing software development workflows. Specifically, the emergent…
How I Became a Data Scientist at Meta — No Stats Degree; No Bootcamp
My 6 jobs and 2 career pivots Continue reading on Towards Data Science »
Dream AI by Wombo Pricing, Pros Cons, Features, Alternatives
Dream AI by Wombo is an innovative AI-powered tool designed to generate stunning and unique artworks based on user inputs.…
The ex-football coach and teacher – now Harris’s VP pick
The Minnesota governor is a former public school teacher, National Guardsman and member of Congress.
The popular ‘carry trade’ is unwinding — and economists fear Fed rate cuts could make matters worse
The warning comes as market participants seek to aggressively roll back on carry trades following a dramatic global sell-off in…
Visualizing Stochastic Regularization for Entity Embeddings
A glimpse into how neural networks perceive categoricals and their hierarchies Continue reading on Towards Data Science »
Nigerian protesters arrested for waving Russian flag
The army chief warns that it is a “treasonable offence” to fly the flag of a foreign country.
Building a RAG Pipeline with MongoDB: Vector Search for Personalized Movie Picks
Building a RAG Pipeline with MongoDB: Vector Search for Personalized Picks This article explores the construction of a movie recommendation…
How to Dynamically Restrict Data Import in Power Query
When we have a large amount of data, we might ask: Do I really need all this data in my…
How I Built My First RAG Pipeline
A RAG pipeline to answer all of your recruiters’ questions for you! Continue reading on Towards Data Science »
Biggest concern is the market sell-off becoming a ‘self-fulfilling prophecy,’ research firm warns
The global stock market sell-off of recent days could be a “self-fulfilling prophecy” and eventually lead to a recession, Morningstar…
Elon Musk files new lawsuit against Sam Altman and OpenAI
Elon Musk has filed a new lawsuit against OpenAI and co-founders Sam Altman and Greg Brockman after dropping a similar…
Blindfolded, bound and beaten: Palestinians tell of Israeli jail abuse
An Israeli rights group says prisons are overwhelmed, amid allegations of physical and mental violence.
Oil giant Saudi Aramco’s second-quarter profit dips 3% on lower crude production volumes
Saudi Aramco reported $29.1 billion in net profit for the second quarter, a dip of 3% from the same period…
Google’s online search monopoly is illegal, US judge rules
The decision is a major blow to Alphabet, Google’s parent company, and could reshape how technology giants operate.
Japan stocks rebound 8% after historic losses; other Asia markets also open higher
The rebound follows a sharp sell-off in the U.S. with the Dow and the S&P 500 notching their worst sessions…
$1 trillion wipeout: Market rout punishes megacap tech
The seven most-valuable U.S. tech companies lost a combined $1 trillion in market value at the start of trading on…
Build an end-to-end RAG solution using Knowledge Bases for Amazon Bedrock and AWS CloudFormation
Retrieval Augmented Generation (RAG) is a state-of-the-art approach to building question answering systems that combines the strengths of retrieval and…
Investors are unwinding the biggest ‘carry trade’ the world has ever seen, SocGen strategist says
Carry trades refer to trades wherein an investor borrows in a currency with low interest rates and reinvests the proceeds…
Euphoria in Bangladesh after PM Sheikh Hasina flees country
Army chief Waker-Uz-Zaman said the military would begin talks on forming an interim government.
Faster LLMs with speculative decoding and AWS Inferentia2
In recent years, we have seen a big increase in the size of large language models (LLMs) used to solve…
How I Built BeatBuddy: A Web App that Analyzes Your Spotify Data
Image generated by DALL·E 3 Hi there, and welcome to this article! I’m going to explain how I built BeatBuddy, a…
ChatGPT vs. Claude vs. Gemini for Data Analysis (Part 1)
Ten Questions to test which AI assistant writes the best SQL Continue reading on Towards Data Science »