All materials - page 93

News

Goldman Sachs Upgrades China’s GDP Forecast

Experts at Goldman Sachs Group Inc. have revised their forecasts for China’s economic growth prospects in the current year and 2025.

News

Nvidia’s Market Cap Tops $3.4 Trillion

On Monday, October 14, Nvidia shares closed at a record high as Wall Street is currently preparing for earnings season.

Finance & Economics

China Exports Growth Demonstrates Slowdown

In China, an unexpected slowdown in export growth was recorded in September.

Finance & Economics

China to Increase Spending to Revive Economic Growth

China will significantly increase the issuance of government debt obligations to offer subsidies to people with low income, support the real estate market, which has recently been in a crisis condition, and replenish the capital of state-owned banks.

News

OpenAI’s Nonprofit Structure Demonstrates Probability of Transformation

OpenAI, one of the main players in the global artificial intelligence industry and the developer of the world’s most popular chatbot called ChatGPT, is likely to face costly and inconvenient reckoning due to its nonprofit origin, even though the startup’s valuation has reached the $157 billion mark.

Articles

How to Set Up a Bank Account in UAE for Non-Residents

Opening a Non-Resident Bank Account in the UAE presents a valuable financial opportunity for those wanting to leverage Dubai’s thriving economy, growing e-commerce sector and favorable tax environment without residency requirements. This overview explains the steps and benefits of establishing such an account. These accounts are designed for a range of clients, including expatriates, global […]

Science & Technology

Which is Better? Postpaid SIMs vs. SIM-Only Plans

Connection is the foundation of today’s digital world. Everyone needs the internet to stay connected, and there are multiple plans for that.

News

UK Economy Returns to Growth

In the United Kingdom, the local economic system has returned to a growth trajectory, which put UK Prime Minister Keir Starmer on track for a modest recovery before worries about his first budget became a factor of pressure on sentiment.

News

Uniswap Launches Layer 2 Blockchain

Uniswap’s new layer-2 blockchain is called Unichain and is part of the Optimism Superchain, a network of interoperable layer-2 scaling solutions.

News

UPI Transactions Surge 52%

Unified Payments Interface (UPI) transactions in India grew by 52% year-on-year, reaching 78.97 billion in the first half of 2024.

News

US Consumer Sentiment Declines

In the United States, consumer sentiment has been deteriorating in the current month, as residents of the country continue to be frustrated with the high level of prices for goods and services.

Science & Technology

AMD Launches New AI Chip

AMD last Thursday, October 10, launched a new artificial intelligence chip that is aimed directly at competing with Nvidia’s graphics processing units for data centers.

News

CoreWeave Gets $650 Million Credit Line

CoreWeave, an artificial intelligence startup that rents out chips to other companies, on Friday, October 11, announced that it has a new credit line for $650 million.

Finance & Economics

BlackRock Hits $11.5 Trillion of Assets

Last quarter, BlackRock Inc. pulled a record $221 billion in total customer cash.

News

Wells Fargo Reports Third-Quarter Earnings

Wells Fargo on Friday, October 11, released information about its earnings for the third quarter of the current year.

Finance & Economics

JPMorgan Chase Earnings Exceed Estimates

JPMorgan Chase has released information about earnings in the third quarter of the current year, which exceeded preliminary forecasts for the dynamic of the corresponding indicator.