Earnings Season Kicks Off as Tech Awaits Results; Crypto Stagnates Despite New ETFs; AI Startup ElevenLabs Reaches Unicorn Status
• The Q4 2023 earnings cycle will kick off this week with companies like Intel and Visa reporting results. Big tech companies start reporting next week.
• Crypto is not seeing a post-ETF boom for unclear reasons. Crypto price movements rarely make complete sense.
• ElevenLabs, a synthetic voice startup, is the newest AI unicorn with $80 million in new funding.
• Design platform Canva is experiencing impressive growth.
• Cybersecurity fundraising fell in 2022 despite ongoing data breaches. Apple may need to improve developer relationships given issues with Apple Vision Pro.