Goldman Sachs: The two forces that will «swell» the volatility in shares over a long period of time
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Goldman Sachs: The two forces that will «swell» the volatility in shares over a long period of time

Goldman Sachs warns that volatility in the stock markets will remain high in the long term, not because of geopolitical developments, but because of two structural factors. Firstly, the high concentration of the market in artificial intelligence shares, reminiscent of the technological boom of the late 1990s. Since 1932 no such concentrated market had been observed. Secondly, rising unemployment in the USA, which has risen from the low levels of 2023, is statistically correlated with greater variability. Analysts predict continued instability even with a favourable macroeconomic environment.

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How Elon Musk put a small French village in «background» of the world
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How Elon Musk put a small French village in «background» of the world

A small French village with less than 3,000 inhabitants was at the heart of world attention thanks to Elon Musk. Saint-Saturnin in the Sarthe area, known to Le Mans' 24 Hours lovers due to its proximity to the famous racing track, was selected by Tesla for installing its 80,000th charger worldwide. Musk even went on to retweet suspension of known influencer electric vehicles, Sawyer Merritt, causing trouble in X. The Supercharger network that began in 2012 contributed decisively to the global transition to electric drive.

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Restart oil production in Prinos
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Restart oil production in Prinos

Current prices remain low, with 11 fixed tariffs and three "green" (including PPC) below 15 cents per kilowatt hour in April. Deputy Environment Minister Nikos Tsafos said there is no alarm, as wholesale prices are lower than last year. The Gulf truce, low gas prices, increased hydroelectric production and RES contribute. A positive development is the restart of oil production in Prino in February, aiming at 1,500 barrels daily from certified reserves of 40 million barrels.

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Official: Autonomous Driving in Europe Begins
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Official: Autonomous Driving in Europe Begins

Tesla officially received approval for the Full Self-Driving system (FSD) supervised in the Netherlands, the first European country to open its way to autonomous driving technology. Disposal to customers begins in the next few days through software update. The system is based on cameras and neural network, allowing the vehicle to move almost autonomously with the driver's active participation. Tesla has collected data from 16 billion kilometres and argues that FSD reduces the probability of collision to seven times. The extension to other European countries, including Greece, depends on local approvals.

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