All materials - page 119

Lloyds Hires AWS Exec to Lead AI and Analytics Division
News

Lloyds Hires AWS Exec to Lead AI and Analytics Division

Rohit Dhawan was appointed by Lloyds Banking Group as Director of AI (artificial intelligence) at the Group’s new AI Centre of Excellence, bringing together experts in Data Science, Behavioral Science, ML Engineering, Advanced Analytics and AI Ethics.

Next Generation Revives Euro Stablecoin With Decta
News

Next Generation Revives Euro Stablecoin With Decta

French startup Next Generation partners with an Irish financial institution Decta to restore the euro-pegged stablecoin, EURT, project after a seven-year suspension.

AI Chip Startup Groq Reaches $2.8 Billion Valuation
News

AI Chip Startup Groq Reaches $2.8 Billion Valuation

Startup Groq Inc., which operates in the artificial intelligence industry, raised investment funds for $640 million.

UBS Says About Current Condition of Japanese Market
News

UBS Says About Current Condition of Japanese Market

Kelvin Tay, regional chief investment officer at UBS Global Wealth Management, said during a conversation with media representatives that currently going into the Japanese market in terms of symbolic comparison with other actions is similar to catching a falling knife.

How Stock Market Indexes are Calculated: The Methodologies Explained
Articles

How Stock Market Indexes are Calculated: The Methodologies Explained

Stock Market is not only about transactions of stocks and funds. Every investor needs to familiarise themselves with the various notions and facets of this substantial concept of trading.

Japanese Stocks Demonstrate Rapid Fall
News

Japanese Stocks Demonstrate Rapid Fall

On Monday, August 5, Japanese stock indexes showed a drop in price of such a scale that corresponds to the concept of historical losses and does not belong to the category of moderate decline, which is not critical.

Societe Generale Sells UK and Swiss Private Banking Units to Refocus
News

Societe Generale Sells UK and Swiss Private Banking Units to Refocus

French banking group Societe Generale has agreed to sell its British and Swiss private banking divisions to Union Bancaire Privée for an estimated price of €900M to achieve “a streamlined, more synergetic and efficient business model”

Xpeng Raises $150M for Its Flying Car Project
News

Xpeng Raises $150M for Its Flying Car Project

Xpeng Aeroht, a subsidiary of Chinese energy vehicle startup Xpeng Motors, has secured $150 million in a Series B1 financing round to develop a flying car.

Bitcoin Market Cap Dips Below 1T in Monday Market Crash
Blockchain & Crypto

Bitcoin Market Cap Dips Below 1T in Monday Market Crash

Bitcoin price slips below $50K for the first time since February this year amid the crash in both the crypto and stock markets, losing $200 million of its market cap.

Best Gold Loans in India
Articles

Best Gold Loans in India

Gold loans provide quick access to the borrowed funds with minimal paperwork. They are a good financial option for emergency cases or individuals with poor to no credit history. As a country where households possess the world’s largest gold reserves, India has a lot of gold loans providers. Here are some of the best gold […]

UK Cancels $1.7 Billion of Computing Projects
Science & Technology

UK Cancels $1.7 Billion of Computing Projects

In the United Kingdom, the local government has canceled computer infrastructure projects worth 1.3 billion pounds ($1.7 billion).

UK Banks Cut Costs
Finance & Economics

UK Banks Cut Costs

The largest local financial institutions in the United Kingdom have started to cut costs.

Threads Crosses 200 Million Active Users
News

Threads Crosses 200 Million Active Users

The number of active users of the Threads social media platform has crossed a kind of historical mark of 200 million people.

Apple Revenue Tops Forecasts
News

Apple Revenue Tops Forecasts

Apple has released information about the results of its operations in the third fiscal quarter.

Intel Shares Fall Amid Disappointing Earnings
Science & Technology

Intel Shares Fall Amid Disappointing Earnings

Intel shares fell by 20% on Thursday, August 1, as a result of information about the financial performance of the company in the second quarter of 2024, which turned out to be worse than preliminary expectations, and the consequence of the statement by the management of the firm about its intention to lay off more […]

Amazon Reports Q2 Earnings
News

Amazon Reports Q2 Earnings

Amazon last Thursday, August 1, released information about the financial results of its operations in the second quarter of the current year.