Fact: President of the Cyprus Stock Exchange (CSE) Marinos Christodoulides highlighted the introduction of European Medium-Term Notes (EMTNs) from the Republic of Cyprus into the CSE, adding over €11.5 billion in capitalization to the CSE bond market.
– The American National Association Theatre Owners wrapped up a three-day event called CinemaCon where major production studios showcased upcoming features and trailers.
– Gladiator II, a sequel to the movie Gladiator, was unveiled at CinemaCon, featuring Paul Mescal and Denzel Washington in lead roles.
– A sneak peek of the upcoming Deadpool movie was shown at CinemaCon, featuring Wade as a used car salesman and setting up the next phase of the MCU.
– Remakes of Naked Gun and Scary Movie were announced at CinemaCon, expected to debut in 2025 and 2026.
– A preview for the animated movie Transformers One was shown at CinemaCon, starring Chris Hemsworth as Optimus Prime and exploring the relationship between Prime and Megatron.
Fact: Finance Minister Makis Keravnos stated that there is no immediate threat to the Cypriot economy from developments in the Middle East, following a snap meeting with ministry officials.
Fact: Quadcode is organizing the “HackAIthon: AI & Personalization in Fintech” event on June 15-16 at The Warehouse by IT Quarter, with a 40,000 euros prize pool for over 100 participants from diverse backgrounds and nationalities.
Big technology-related company earnings are expected to lead S&P 500 profit growth in the upcoming US reporting period, refueling optimism for stocks after a weak start to April.
Fact: Britain’s economy is on course to exit a shallow recession after output grew for a second month in a row in February, with GDP expanding by 0.1 per cent in monthly terms.
Fact: OpenAI Chief Executive Sam Altman has hosted roadshow-like events in San Francisco, New York, and London to pitch AI services for corporate use, including ChatGPT Enterprise, software to connect customer applications to AI services, and text-to-video models.
The European Central Bank (ECB) is increasingly confident in winning the fight against inflation, making an interest rate cut in June very likely.
Fact: An explosion occurred at a hotel under renovation in Pyla in the early morning on Monday.
Fact: Monday will be clear and warm with temperatures rising to 29C inland, 26C on the coast, and 19C in the higher mountains.