Wall Street is betting that Federal Reserve Chairman Jerome Powell at the central bank’s annual confab in Jackson Hole, Wyoming, will confirm the intention of the United States financial regulator to decide on monetary easing, implying cutting interest rates.
Kiteworks has announced that it has raised a $456 million growth equity investment.
The media reports that the chairman of the Federal Reserve System, Jerome Powell, took part in a closed meeting with bank executives and urged them to cooperate with the financial regulator of the United States to avoid years of litigation over the proposal of the administration of US President Joe Biden on capital.
Texas Instruments, maker of microcircuits, on Friday, August 16, announced that it would receive from the US Commerce Department financing in the amount of up to $1.6 billion for the construction of three new facilities.
Eric Schmidt, who headed Google for ten years, during a conversation with Stanford students, said that not being an investment consultant, he sees an obvious play on the stock market, which did not involve buying shares of his former employer.
Revolut has signed secondary share sale agreements with investors.
The process of implementing generative artificial intelligence, which is currently underway at the global level and demonstrates the tendency of gradual sustainable scaling, is likely to strengthen and probably will increase and diversify the possibilities of the video game industry in Hong Kong.
EliseAI, an artificial intelligence platform focused on housing and healthcare, raised $75 million in a Series D funding round.
The Amount company, which operates in the area of banking technologies, announced that it managed to raise investment funds for $30 million.
The Japanese economy showed growth in the second quarter of the current year.
In the current quarter, the downturn continues in the space of China’s economic system.
Cisco Systems Inc., the largest manufacturer of computer networking equipment, has released an optimistic revenue forecast amid an increase in the number of orders, but at the same time announced its intention to reduce the number of its workforce as part of making significant changes to its activity strategy.
McKinsey & Co. currently records an increase in the number of clients who are interested in projects related to the use of artificial intelligence.
In the United Kingdom, an increase in the inflation rate was recorded in July, which turned out to be lower than the preliminary expectations of experts interviewed by the media about the dynamic of this indicator and the forecast of the Bank of England.
UBS Group AG has released data on the financial results of its operations in the second quarter of the current year, according to which the profit of this bank for the specified period exceeded preliminary expectations regarding the dynamic of the corresponding indicator.
On Wednesday, August 14, European stock indexes demonstrated the dynamic of the growth at the beginning of trading.
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