US GDP Nowcast Reflects Slow Growth For Upcoming Q2 Report

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The expansion is expected to continue via the government’s data, but today’s revised nowcast for Q2 suggests that output will remain more or less comparable to Q1’s modest increase, based on the median estimate for a set of projections compiled by CapitalSpectator... The June 7 estimate anticipated a 1... Today’s estimate suggests that the US recession risk is still low... For example, th...

Macro Briefing: 17 July 2024

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* IMF lowers its 2024 economic growth forecast for US * A new era for the US dollar may arrive with a Trump-Vance administration * Trump says, as president, he would let Fed Chair Powell to finish his term * US homebuilder sentiment falls in July to lowest level since December * US retail spending was flat in June, but… * Retail sales ex-autos rise 0...4%, biggest monthly gain since April:Reb...

Accelerate your generative AI distributed training workloads with the NVIDIA NeMo Framework on Amazon EKS

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In today’s rapidly evolving landscape of artificial intelligence (AI), training large language models (LLMs) poses significant challenges... Enterprises struggle with managing distributed training workloads, efficient resource utilization, and model accuracy and performance... In this post, we present a step-by-step guide to run distributed training workloads on an Amazon Elastic Kubernetes Serv...

Governing the ML lifecycle at scale, Part 2: Multi-account foundations

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Your multi-account strategy is the core of your foundational environment on AWS... Design decisions around your multi-account environment are critical for operating securely at scale... Grouping your workloads strategically into multiple AWS accounts enables you to apply different controls across workloads, track cost and usage, reduce the impact of account limits, and mitigate the complexity of m...

Azur Games migrates all game analytics data to ClickHouse Cloud on AWS

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Azur Games , a mobile game publisher and developer, recently achieved over 8 billion game installs across their portfolio of hypercasual games... In the beginning of 2024, Azur Games migrated all 120 TB of their active game telemetry data to ClickHouse Cloud on Amazon Web Services (AWS), a fully managed service that allows companies to easily operate and scale their high-performance analytical wor...

Will A Goldilocks Economy Keep The Stock Market Humming?

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31, 2024, the market would still go into the history books as delivering yet another strong year on the basis of an 18... Some shops expect the market to basically trade in a range, and a few see the market falling...com’s view is that the market looks overbought, as discussed last week... The stock market seems to be discounting our Roaring 2020s scenario faster than we expected... It’s easy...