Amazon’s Cloud Business Increases
Amazon’s cloud business showed growth in the first quarter of 2025, but the pace of this upward process turned out to be slower than preliminary expectations.
News - page 5
Amazon Launches Nova Premier
Amazon released Nova Premier, which, according to this company, is the most capable artificial intelligence model in its Nova family.
Apple Reports Earnings
Last Thursday, May 1, Apple published information about the financial results of its activities in the second fiscal quarter, which ended on March 29, 2025.
US Economy Adds 177,000 Jobs
The United States labor market, which has demonstrated resilience for a long period, continues to defy expectations in a positive sense even amid increasing uncertainty related to the trade war.
China Says About Prospects of Trade Talks With US
China said it is currently evaluating the possibility of implementing a negotiation process with the United States on trade cooperation between the world’s two largest economies that was actually the first signal from Beijing about the at least theoretical ability of dialogue with Washington after last month, US President Donald Trump announced sweeping tariffs on […]
Revolut to Launch Mobile Plans Creating Competition for Traditional Network Providers
Revolut mobile plans stand out with their unlimited calls, texts and data offering complemented with an attractive roaming proposition.
Rain and Visa Unlock Onchain Credit Card Settlement
Instead of relying on regular bank settlement processes, Rain now handles all transactions for its Visa cards using USDC stablecoin.
CIBC Launches Adapta Mastercard With Smart Rewards System
The first adaptive Mastercard product in Canada enables CIBC customers to maximise their shopping rewards using dynamic spending insights.
Affirm Launches AI-Powered Promotion Platform
Buy Now, Pay Later (BNPL) network Affirm introduces to its merchant partners an artificial intelligence-powered platform called AdaptAI.
Amazon to Speed Delivery in Rural Areas
Amazon announced last Wednesday, April 30, that it will invest more than $4 billion to expand its rural delivery network and provide fast delivery to millions of customers in less densely populated areas.
Qualcomm Reports Earnings
Qualcomm has released information on its financial results for the second fiscal quarter, which exceeded Wall Street’s preliminary expectations, as sales of chips from the San Diego, California-based company showed significant growth.
Microsoft Shares Jump on Earnings Beat
The value of Microsoft shares last Wednesday, April 30, during extended trading showed an increase of approximately 9%, which is an upward dynamic supported by the fact that this company published the financial results of its operations for the last fiscal quarter, which exceeded preliminary expectations, including regarding the performance of the Azure cloud business, […]
Meta Reports First-Quarter Earnings
Last Wednesday, April 30, the value of Meta Platforms shares showed growth of as much as 5% after the company released information about its earnings for the first quarter of 2025, which exceeded analysts’ preliminary expectations, and provided guidance for the present quarter, which coincided with Wall Street forecasts.
Sovereign Debt Servicing Costs Low-Income Countries Over $2.6B Extra Due to Currency Fluctuations and Climate Impact
A fresh report shows that the international financial system is being unfair to low-income countries, which suffer from currency fluctuations and the heightened impact of climate change.
Mastercard and Visa Usher New Era of Agentic AI Commerce
Both payment network providers, Visa and Mastercard, have almost simultaneously unveiled their initiatives to enable the future of AI-driven agentic commerce.
ASM International Expects Sales Growth
ASM International, a Netherlands-based manufacturer of equipment for making chips, said last Tuesday, April 29, that it expects annual sales to grow in a double-digit percentage range at constant currencies, despite increasing macroeconomic uncertainty amid global trade tensions.
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