ECB Cuts Rates Again
The European Central Bank on Thursday, October 17, decided to cut interest rates again.
News - page 161
Mastercard Expands Tech Hub Ecosystem With New Campus in India
Mastercard Pune tech hub in India will focus on areas like cybersecurity, data analytics, and AI-driven solutions and play a key role in supporting Mastercard’s global operations and enhancing its digital infrastructure.
Swift Introduces AI Fraud Detection for Cross-Border Payments
SWIFT network is to launch an AI-powered solution to bolster fraud detection in cross-border payments, analyze vast amounts of real-time payment data, and mitigate risks.
Robinhood Launches Desktop Platform
Robinhood launched the long-awaited desktop platform on Wednesday, October 16.
Amazon Announces Its First Color Kindle E-Reader
Amazon on Wednesday, October 16, announced a new version of the Kindle e-book reader.
UK Inflation Drops
In September, the United Kingdom recorded a sharp decrease in the inflation rate.
Morgan Stanley Earnings Exceed Estimates
Morgan Stanley on Wednesday, October 16, published information about its earnings for the third quarter of the current year.
ASML Shares Demonstrate Decline
The value of shares of ASML Holding NV showed a decrease, which turned out to be the largest in the last 26 years, after it became known this Dutch company specializing in the production of equipment necessary for making chips, including advanced categories, booked only half of the orders from the indicator predicted by analysts.
Amazon Uses Legal Action and Other Methods to Combat Fake Reviews
Amazon on Monday, October 14, said that it uses legal action and other methods to combat fake reviews and prevent customers from seeing relevant materials.
Adobe Rolls Out New AI Model to Generate Video
Adobe has presented an artificial intelligence model that can use text prompts to generate videos.
Citigroup Reports Earnings
Citigroup on Tuesday, October 15, released information about its earnings for the third quarter of the current year, which exceeded the preliminary expectations of Wall Street analysts.
Walgreens Closes 1,200 stores
Walgreens is closing about 1,200 locations, which is a decision made against the background of circumstances such as the competition of this pharmacy chain with similar virtual platforms and a decrease in payment for prescription drugs.
Goldman Sachs Earnings Exceed Forecasts
Goldman Sachs has published data on the financial results of its activity in the third quarter of the current year, according to which the revenue and profit of this bank with headquarters in New York City for the mentioned period exceeded preliminary expectations for the corresponding dynamic.
AI-Powered Robotics Startup Perceptyne Gets $3 Million Funding to Promote Electronic Manufacturing in India
Indian startup Perceptyne secured $3 million in seed funding round led by Endiya Partners and Yali Capital.
Google to Leverage Nuclear Power for AI Development
Global tech leader Google partnered with US-based nuclear energy company Kairos Power to purchase atomic energy from its multiple small modular reactors (SMR) and support the development of AI technologies.
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.
