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World Cup 2026: Market analysts who called it twice have picked a new winner

Canadian investment research firm BCA Research has applied the same statistical rigour it uses to analyse global markets to predict the outcome of the 2026 FIFA World Cup, which kicks off on Thursday in Mexico City. Market analysts are usually judged on their ability to call rate decisions or predict price movements, but with the world's biggest football tournament, the 2026 FIFA World Cup, getting underway this Thursday, one prominent investment research firm has turned its models on a...

Euronews 6h ago

The stock market just did something eerily similar to the dotcom bubble top in 2000

The S&P 500 closed at a record on the last trading day of May, but only a handful of stocks — focused mostly in the AI area — hit their own all-time highs. This strange occurrence echoes what happened at the top of dotcom bubble 26 years ago. On Friday, just 20 of the index members hit a record.

CNBC 8d ago

RISED: A Pre-Deployment Evaluation Framework for High-Stakes AI Decision-Support Systems, with Application to Healthcare

Announce Type: replace Abstract: Clinical decision-support systems are expert systems whose recommendations clinicians act on directly, yet they are usually cleared on one aggregate accuracy number from a held-out test set. That number says nothing about input reliability under encoding shifts, subgroup gaps, threshold sensitivity, or operational feasibility. We present RISED, a pre-deployment evaluation framework operationalising five dimensions (Reliability, Inclusivity, Sensitivity,...

arXiv CS 8d ago

Indonesia raises rates in surprise move to prop up sinking rupiah

Indonesia raises rates in surprise move to prop up sinking rupiah The rupiah has been under pressure due to a wide range of investor worries, including President Prabowo Subianto's big spending plans and a ballooning fuel subsidy budget following the Iran war. JAKARTA: Indonesia's central bank raised interest rates by 25 basis points on Tuesday (Jun 9) in an unexpected off-cycle rate hike, taking the benchmark rate to 5.50 per cent as it moves to stabilise the rupiah, which has hit a series...

Channel News Asia 1d ago