Vaidik Trivedi
@vaidiktrivedi.bsky.social
Journalist | Finance, macro, federal reserve, banking nerd, geopolitics and randomness
New York City becomes Gotham when it rains
August 10, 2024 at 2:15 PM
New York City becomes Gotham when it rains
#NEWS: PNC Financial Services’ junior and senior coders are split on how much they can rely on #genAI for code generation and writing.
bankautomationnews.com/allposts/ai/...
bankautomationnews.com/allposts/ai/...
Junior, senior coders split on gen AI | Bank Automation News
PNC Financial Services’ junior and senior coders are split on how much they can rely on generative AI for code generation and writing.
bankautomationnews.com
March 26, 2024 at 2:08 PM
#NEWS: PNC Financial Services’ junior and senior coders are split on how much they can rely on #genAI for code generation and writing.
bankautomationnews.com/allposts/ai/...
bankautomationnews.com/allposts/ai/...
#NEWS: “Fidelity spent $19.2 million to acquire a stake in X back in October 2022. The fund manager made a valuation cut of 65% in October 2023. And now in the November 2023 disclosure, the firm has made a further cut in X’s valuation.”
Fidelity marks down X valuation by 71.5% | TechCrunch
Asset manager Fidelity has marked down its investment in Musk-owned X by 71.5% from the original valuation of shares.
techcrunch.com
January 2, 2024 at 4:25 PM
#NEWS: “Fidelity spent $19.2 million to acquire a stake in X back in October 2022. The fund manager made a valuation cut of 65% in October 2023. And now in the November 2023 disclosure, the firm has made a further cut in X’s valuation.”
#NEWS: Tensions flare-up in the Red Sea.
Iranian warship Alborz enters the Red Sea after US sinks Houthi boats.
Iran has also rejected US and UK’s calls to end support for Houthi Red Sea Attacks.
Last week, US politician, Lindsey Graham said that the US should hit Iran base
Iranian warship Alborz enters the Red Sea after US sinks Houthi boats.
Iran has also rejected US and UK’s calls to end support for Houthi Red Sea Attacks.
Last week, US politician, Lindsey Graham said that the US should hit Iran base
Iran Sends Warship to Red Sea After US Sinks Houthi Boats
Iran dispatched a warship to the Red Sea after the US Navy destroyed three Houthi boats, a move that risks ratcheting up tensions and complicates Washington’s goal of securing a waterway that’s vi...
www.bloomberg.com
January 1, 2024 at 8:05 PM
#NEWS: Tensions flare-up in the Red Sea.
Iranian warship Alborz enters the Red Sea after US sinks Houthi boats.
Iran has also rejected US and UK’s calls to end support for Houthi Red Sea Attacks.
Last week, US politician, Lindsey Graham said that the US should hit Iran base
Iranian warship Alborz enters the Red Sea after US sinks Houthi boats.
Iran has also rejected US and UK’s calls to end support for Houthi Red Sea Attacks.
Last week, US politician, Lindsey Graham said that the US should hit Iran base
#NEWS: GTA VI finally dropped its trailer! The game is set you launch in 2025 - I have waited a decade for this game, idk if I got two more.
Grand Theft Auto VI Trailer 1
Song: Love Is A Long RoadArtist: Tom PettyWritten by Thomas Earl Petty and Michael W. CampbellPublished by Universal Music Works on behalf of Wild Gator Musi...
www.youtube.com
December 5, 2023 at 1:29 AM
#NEWS: GTA VI finally dropped its trailer! The game is set you launch in 2025 - I have waited a decade for this game, idk if I got two more.
#NEWS: 🇰🇵North Korea’s state media on Sunday warned that a “physical clash and war” have become a matter of time.
NK launched spy satellites, to spy on Pentagon, the White House, Japan, South Korea and British Warships, violating a 2018 pact to avoid military escalation.
NK launched spy satellites, to spy on Pentagon, the White House, Japan, South Korea and British Warships, violating a 2018 pact to avoid military escalation.
December 4, 2023 at 10:52 PM
#NEWS: 🇰🇵North Korea’s state media on Sunday warned that a “physical clash and war” have become a matter of time.
NK launched spy satellites, to spy on Pentagon, the White House, Japan, South Korea and British Warships, violating a 2018 pact to avoid military escalation.
NK launched spy satellites, to spy on Pentagon, the White House, Japan, South Korea and British Warships, violating a 2018 pact to avoid military escalation.
#NEWS: Venezuela 🇻🇪 overwhelmingly voted to “claim” oil-rich Essequibo region from Guyana 🇬🇾 in a controversial referendum. Guyana has asked for international intervention as Venezuela looks to take over nearly half of its neighboring country.
December 4, 2023 at 2:27 PM
#NEWS: Venezuela 🇻🇪 overwhelmingly voted to “claim” oil-rich Essequibo region from Guyana 🇬🇾 in a controversial referendum. Guyana has asked for international intervention as Venezuela looks to take over nearly half of its neighboring country.
#NEWS: #Apple and Goldman Sachs are ending their credit card partnership.
#GoldmanSachs has been scaling back from consumer banking and sold GreenSky in Oct for ≈$1.3B in losses on the venture.
AmEx or Synchrony Financial might pick up the #AppleCard.
#GoldmanSachs has been scaling back from consumer banking and sold GreenSky in Oct for ≈$1.3B in losses on the venture.
AmEx or Synchrony Financial might pick up the #AppleCard.
WSJ News Exclusive | Apple Pulls Plug on Goldman Credit-Card Partnership
Tech giant proposed exiting contract in about 12-to-15 months
www.wsj.com
November 28, 2023 at 11:06 PM
#NEWS: #Apple and Goldman Sachs are ending their credit card partnership.
#GoldmanSachs has been scaling back from consumer banking and sold GreenSky in Oct for ≈$1.3B in losses on the venture.
AmEx or Synchrony Financial might pick up the #AppleCard.
#GoldmanSachs has been scaling back from consumer banking and sold GreenSky in Oct for ≈$1.3B in losses on the venture.
AmEx or Synchrony Financial might pick up the #AppleCard.
Charlie Munger, the Robin to Buffett's Batman would have turned 100 on New Year's Eve.
Even 100 years a less for sensible people like him to walk the earth. The finance world will sorely miss him.
"The big money is not in the buying and the selling, but in the waiting." - #Munger
Even 100 years a less for sensible people like him to walk the earth. The finance world will sorely miss him.
"The big money is not in the buying and the selling, but in the waiting." - #Munger
Berkshire Hathaway vice chairman Charlie Munger dies at 99 | Reuters
Charlie Munger, the longtime vice chairman and second-in-command to Warren Buffett at Berkshire Hathaway , died on Tuesday morning at a California hospital.
www.reuters.com
November 28, 2023 at 9:46 PM
Charlie Munger, the Robin to Buffett's Batman would have turned 100 on New Year's Eve.
Even 100 years a less for sensible people like him to walk the earth. The finance world will sorely miss him.
"The big money is not in the buying and the selling, but in the waiting." - #Munger
Even 100 years a less for sensible people like him to walk the earth. The finance world will sorely miss him.
"The big money is not in the buying and the selling, but in the waiting." - #Munger
The street art game of #puertorico 🇵🇷, is strong as hell! Public #libraries on the streets are top notch ❤️
November 26, 2023 at 4:51 PM
The street art game of #puertorico 🇵🇷, is strong as hell! Public #libraries on the streets are top notch ❤️
You know the city residents are good when cats come and greet you. (this week in Puerto Rico🇵🇷)
November 24, 2023 at 4:22 PM
You know the city residents are good when cats come and greet you. (this week in Puerto Rico🇵🇷)
Reposted by Vaidik Trivedi
Thai hostages: PM Srettha Thavisin confirms dozen Gaza captives released
Thai hostages: PM Srettha Thavisin confirms dozen Gaza captives released
Thailand's prime minister says 12 hostages were freed as the temporary Israel-Gaza ceasefire begins.
www.bbc.co.uk
November 24, 2023 at 4:10 PM
Thai hostages: PM Srettha Thavisin confirms dozen Gaza captives released
Beers at the airport hits different.
Happy thanksgiving peeps 🦃 I hope you guys have a great time with your fam! 💙
Happy thanksgiving peeps 🦃 I hope you guys have a great time with your fam! 💙
November 24, 2023 at 3:14 AM
Beers at the airport hits different.
Happy thanksgiving peeps 🦃 I hope you guys have a great time with your fam! 💙
Happy thanksgiving peeps 🦃 I hope you guys have a great time with your fam! 💙
#NEWS: #NYC Mayor Eric Adams accused of sexual assault that happened in 1993 - plaintiff seeking $5 million in damages.
Plaintiff said that she experienced sexual assault, battery, employment gender discrimination, a hostile work environment and intentional infliction of emotional distress.
Plaintiff said that she experienced sexual assault, battery, employment gender discrimination, a hostile work environment and intentional infliction of emotional distress.
New York City Mayor Eric Adams accused of sexually assaulting a colleague in 1993
The woman said she experienced employment gender discrimination, retaliation and a hostile work environment, according to a legal summons filed Wednesday.
www.nbcnews.com
November 24, 2023 at 1:27 AM
Sam Altman will not return as CEO of OpenAI.
In a late sunday night memo, OpenAI board said - “Sam’s behavior and lack of transparency in his interactions with the board undermined the board’s ability to effectively supervise the company.”
In a late sunday night memo, OpenAI board said - “Sam’s behavior and lack of transparency in his interactions with the board undermined the board’s ability to effectively supervise the company.”
Altman will not return as CEO of OpenAI - The Information | Reuters
Sam Altman is discussing a possible return even as he considers launching a new AI venture. His firing angered current and former employees, and prompted worries over an upcoming $86 billion share sal...
www.reuters.com
November 20, 2023 at 7:05 AM
Sam Altman will not return as CEO of OpenAI.
In a late sunday night memo, OpenAI board said - “Sam’s behavior and lack of transparency in his interactions with the board undermined the board’s ability to effectively supervise the company.”
In a late sunday night memo, OpenAI board said - “Sam’s behavior and lack of transparency in his interactions with the board undermined the board’s ability to effectively supervise the company.”
#NEWS: India’s GDP crossed $4 trillion for the first time.
The subcontinent’s colonizers - the UK’s GDP hovers around $3.1 trillion.
This is beautiful! 💫
Goldman Sachs expects the Indian economy to be the second largest by 2075, overtaking the US economy.
The subcontinent’s colonizers - the UK’s GDP hovers around $3.1 trillion.
This is beautiful! 💫
Goldman Sachs expects the Indian economy to be the second largest by 2075, overtaking the US economy.
November 19, 2023 at 7:57 AM
#NEWS: India’s GDP crossed $4 trillion for the first time.
The subcontinent’s colonizers - the UK’s GDP hovers around $3.1 trillion.
This is beautiful! 💫
Goldman Sachs expects the Indian economy to be the second largest by 2075, overtaking the US economy.
The subcontinent’s colonizers - the UK’s GDP hovers around $3.1 trillion.
This is beautiful! 💫
Goldman Sachs expects the Indian economy to be the second largest by 2075, overtaking the US economy.
#BREAKING: A five-day pause in fighting, monitored by aerial surveillance, could see dozens of women and children freed from captivity in #Gaza.
The conflict would freeze combat operations for at least five days while an initial 50 or more hostages will be released in smaller batches every 24 hours.
The conflict would freeze combat operations for at least five days while an initial 50 or more hostages will be released in smaller batches every 24 hours.
Israel and Hamas reach tentative U.S.-brokered deal to pause conflict, free dozens of hostages
Israel, the United States and Hamas are close to an agreement to free dozens of women and children held hostage in Gaza, in exchange for the first sustained pause in conflict in Gaza, according to peo...
www.washingtonpost.com
November 19, 2023 at 2:57 AM
#NEWS: Tesco, the British food retailer has asked prospective buyers to submit non-binding offers for Tesco Bank as it looks to shrink its financial services footprint.
Tesco Bank's book value is expected to be around £1.5 billion as of Aug 31.
Tesco Bank's book value is expected to be around £1.5 billion as of Aug 31.
Barclays explores deal for Tesco banking business | Reuters
Barclays has been exploring a potential acquisition of Tesco's banking operations, two people familiar with the matter told Reuters.
www.reuters.com
November 19, 2023 at 12:45 AM
#NEWS: Tesco, the British food retailer has asked prospective buyers to submit non-binding offers for Tesco Bank as it looks to shrink its financial services footprint.
Tesco Bank's book value is expected to be around £1.5 billion as of Aug 31.
Tesco Bank's book value is expected to be around £1.5 billion as of Aug 31.
#NEWS: OpenAI investors are pressing the company’s board to reverse its decision to fire Sam Altman as chief executive officer and remove him as a director
OpenAI board in discussions with Sam Altman to return as CEO
Altman is “ambivalent” and wants governance changes.
www.theverge.com
November 18, 2023 at 11:52 PM
#NEWS: OpenAI investors are pressing the company’s board to reverse its decision to fire Sam Altman as chief executive officer and remove him as a director
#NEWS: Sam Altman has been fired from the post of CEO of OpenAI.
“departure follows a deliberative review process by the board, which concluded that he was not consistently candid in his communications with the board, hindering its ability to exercise its responsibilities”
“departure follows a deliberative review process by the board, which concluded that he was not consistently candid in his communications with the board, hindering its ability to exercise its responsibilities”
November 17, 2023 at 8:43 PM
#NEWS: Sam Altman has been fired from the post of CEO of OpenAI.
“departure follows a deliberative review process by the board, which concluded that he was not consistently candid in his communications with the board, hindering its ability to exercise its responsibilities”
“departure follows a deliberative review process by the board, which concluded that he was not consistently candid in his communications with the board, hindering its ability to exercise its responsibilities”
#NEWS: The EU commission has told its staff to temporarily pause all advertising on 𝕏.
This is due to EU concerns about reputational damage over 'disinformation' on the platform.
This is due to EU concerns about reputational damage over 'disinformation' on the platform.
No more ads on Elon’s X, EU Commission tells staff
Ads on Musk-owned social media site risk causing ‘reputational damage’ to the EU, its executive says in internal note.
www.politico.eu
November 17, 2023 at 1:58 PM
#NEWS: The EU commission has told its staff to temporarily pause all advertising on 𝕏.
This is due to EU concerns about reputational damage over 'disinformation' on the platform.
This is due to EU concerns about reputational damage over 'disinformation' on the platform.
Israeli allies are frustrated as civilian causalities in Gaza increase.
The US and European officials aim for an expanded role for the UN Truce Supervision Organization (est. 1948) in Gaza as allies pressure Netanyahu to bring military operations to an end. #geopolitics
The US and European officials aim for an expanded role for the UN Truce Supervision Organization (est. 1948) in Gaza as allies pressure Netanyahu to bring military operations to an end. #geopolitics
US and EU Back UN Force in Postwar Gaza, Adding Pressure on Israel
The US and its European allies are pushing a plan to deploy an international peacekeeping force in the Gaza Strip after the war, according to people familiar with the matter, raising pressure on Israe...
www.bloomberg.com
November 16, 2023 at 8:14 PM
Israeli allies are frustrated as civilian causalities in Gaza increase.
The US and European officials aim for an expanded role for the UN Truce Supervision Organization (est. 1948) in Gaza as allies pressure Netanyahu to bring military operations to an end. #geopolitics
The US and European officials aim for an expanded role for the UN Truce Supervision Organization (est. 1948) in Gaza as allies pressure Netanyahu to bring military operations to an end. #geopolitics
“What we are doing in Gaza, we can do in Beirut,” Israel’s Defense Minister, Yoav Gallant, has warned Lebanon, as tensions between Israel and Hezbollah increase.
70 Hezbollah fighters have died while 7 Israeli soldiers have been killed, as the two entities continue clashing since Oct 7.
70 Hezbollah fighters have died while 7 Israeli soldiers have been killed, as the two entities continue clashing since Oct 7.
Israel warns Lebanon it could turn Beirut into Gaza
STORY: Explosions thundered and massive plumes of smoke billowed after the Israeli military said it struck militant positions along the border with Lebanon on Sunday.Israel's military said the strikes...
news.yahoo.com
November 15, 2023 at 6:05 PM
“What we are doing in Gaza, we can do in Beirut,” Israel’s Defense Minister, Yoav Gallant, has warned Lebanon, as tensions between Israel and Hezbollah increase.
70 Hezbollah fighters have died while 7 Israeli soldiers have been killed, as the two entities continue clashing since Oct 7.
70 Hezbollah fighters have died while 7 Israeli soldiers have been killed, as the two entities continue clashing since Oct 7.
Producer Price Index fell by 0.5% in Oct. compared to analysts expectations of 0.1%.
PPI jumped by 0.4% in Sept.
The drop in PPI is the largest since April 2020.
Economy is cooling down. PPI is mirroring CPI.
#econsky
PPI jumped by 0.4% in Sept.
The drop in PPI is the largest since April 2020.
Economy is cooling down. PPI is mirroring CPI.
#econsky
November 15, 2023 at 2:17 PM
Producer Price Index fell by 0.5% in Oct. compared to analysts expectations of 0.1%.
PPI jumped by 0.4% in Sept.
The drop in PPI is the largest since April 2020.
Economy is cooling down. PPI is mirroring CPI.
#econsky
PPI jumped by 0.4% in Sept.
The drop in PPI is the largest since April 2020.
Economy is cooling down. PPI is mirroring CPI.
#econsky