Eurostat: Inflation in Greece fell to 6.5% in February - To 8.5% in the Eurozone

 Eurostat: Inflation in Greece fell to 6.5% in February - To 8.5% in the Eurozone

The technology revolution ChatGPT is here

The man who brought the revolution with computers 50 years ago and founder of Microsoft hastened to calm the anxieties of employees, stressing that ChatGPT is not yet a danger to our "bread" but OpenAI's chatbot will change the world.

"Until now, artificial intelligence could read and write, but it couldn't understand the content," the billionaire emphasized in a podcast to Germany's Handelsblatt. “ChatGPT,” he pointed out, “has shown us what artificial intelligence is capable of and its impact on the workplace will be extremely positive.

He even added that while AI still makes big mistakes, it could make office work easier by improving worker efficiency and productivity. “We have a tool that can make work even more efficient - from going through invoices to writing letters. Reading and writing are now within the capabilities of A.I. (Artificial intelligence ss: Artificial Intelligence) and this will have a very broad and constructive impact", he estimated.

"Think of the time doctors spend with the bureaucratic issues that we should be able to get rid of," he said, but admitted that he was "biased" in favor of A.I. At the same time, he predicted that A.I. will continue to cause "trembles" in workplaces especially since technology will rapidly evolve over time. "The progress in the next two years will be even greater," he found.

Τarget price above 30 euros gives a new report by Wood for Mytilineos.

Τarget price above 30 euros and specifically at 32.2 from 26 euros previously, with an upside of 30%, gives a new report by Wood for Mytilineos.

The key behind this increase in price - target of the analyst from Wood, is the even better entrenchment of the market for the new level of profitability of Mytilineos from now on. In a relatively conservative approach, as he characterizes it, he foresees a steady increase in the company's profitability in the following years, which for 2023 is placed at €921 million and for 2024 and thereafter steadily above €1 billion.

Due to the maintenance of consistently high profitability from now on, Wood predicts that Mytilineos can invest €600-700 million each year, and thus based on the company's investment returns, it can grow steadily its profitability by €100 million. the year without affecting its financial leverage. Which is estimated by Wood to be kept particularly low and healthy relative to the competition.

A few words about Jumbo stock

Jumbo (BELA.AT)

Jumbo S.A. is a Greek toy retailer that was founded in 1986. The company is known for its wide selection of toys, games, and children's products, as well as its iconic Jumbo stores. Jumbo has become a household name in Greece and is one of the country's most popular retailers.

In recent years, Jumbo has expanded its operations beyond Greece, opening stores in other European countries such as Bulgaria, Cyprus, and Romania. The company's success has been attributed to its focus on offering high-quality products at affordable prices, as well as its strong brand recognition and loyal customer base.

Jumbo is a publicly traded company, with shares listed on the Athens Stock Exchange. The company has a strong financial track record, with consistent profitability and steady revenue growth over the years. As a result, Jumbo shares have been a popular investment choice for many Greek and international investors.

Overall, Jumbo is a well-known and successful company in Greece, with a strong brand and a loyal customer base. Its shares have been a popular investment choice for those looking to invest in the Greek stock market.

A long-term strategy, investing in stocks can yield significant returns over time

Written by Bullmarkets-Exchanges

Investing in the stock market can be a daunting prospect, especially for those who are new to the game. However, with careful consideration and a long-term strategy, investing in stocks can yield significant returns over time. In this article, we will explore the benefits of investing in stocks long term, particularly in the context of light, a renewable energy company.

Light, a company that specializes in the development and production of renewable energy solutions, has been gaining popularity in recent years. With a strong focus on sustainability, the company has been making significant strides in the renewable energy industry, with a particular emphasis on solar energy. For investors looking to invest in the future of clean energy, light is a company worth considering.

One of the main benefits of investing in stocks long term is the potential for significant returns. While short-term investments may yield quick profits, the real gains are made over time. By investing in a company like light for the long term, investors can benefit from the company's growth as it expands its operations and improves its profitability. This can lead to substantial returns on investment, particularly as the demand for renewable energy solutions continues to increase.

Another benefit of investing in stocks long term is the opportunity to benefit from compounding interest. When investors reinvest their dividends back into the company, they can benefit from the power of compounding interest. Over time, this can lead to substantial gains in the value of the investment.

In addition, investing in stocks long term allows investors to take advantage of market fluctuations. While short-term investors may panic and sell their stocks during market downturns, long-term investors can take a more measured approach. By holding onto their stocks during market fluctuations, long-term investors can benefit from the eventual rebound of the market and the resulting increase in stock prices.

For those interested in investing in light, there are a few things to keep in mind. Firstly, it is important to research the company thoroughly and to understand its business model and financials. This can help investors make informed decisions about whether the company is a good long-term investment. Additionally, investors should consider diversifying their portfolio to minimize risk.

In conclusion, investing in stocks long term can be a smart strategy for those looking to build wealth over time. By investing in companies like light, which are at the forefront of the renewable energy industry, investors can benefit from the potential for significant returns as well as the opportunity to contribute to a more sustainable future. However, it is important to conduct thorough research and to maintain a diversified portfolio to minimize risk.