Economic Forecast - page 5

News

Reality Tempers Outlook for Arm’s Public Listing

Reality, whose unconditional influence on plans and intentions has a transformational effect in many cases, has changed the prospects for the public listing of Arm, a chip manufacturer that is part of the ownership structure of the Japanese corporation SoftBank Group.

News

Intel CEO Says About Good Prospects of Company

Intel Corporation Chief Executive Officer Pat Gelsinger said that the company is currently on track to achieve indicators that are in line with forecasts for the third quarter.

News

NVIDIA Reports Record Sales

NVIDIA has reported an increase in its sales to a record level amid a rapid growth in demand for artificial intelligence chips.

News

Tourism to Become $15.5 Trillion Industry by 2033

The volume of the travel industry by 2033 may reach a significant landmark of $15.5 trillion.

Science & Technology

Company Applied Materials Publishes Positive Forecast for Future

Applied Materials, an American company that manufactures equipment necessary for the production of chips, has released a forecast for the current quarter, which contains optimistic expectations and statements about the likely weakening of the downturn in the industry.

Finance & Economics

JPMorgan Сhanges Default Forecast for Emerging Markets

JPMorgan has made changes to the forecast for high-yield corporate default in global emerging markets, increasing the level of probability of this scenario.

Finance & Economics

Fitch Warns of Possible Downgrade of Dozens of Banks

An analyst at Fitch Ratings warned that the US banking sector is currently on the way to a new downgrade, which could potentially affect dozens of lenders, including industry giants such as JPMorgan Chase.

News

UK Economy Demonstrates Growth

According to the results of the second quarter of this year, the UK economy showed slight growth.

News

Sony Expects Smartphone Market Recovery to 2024

Sony Group, the largest supplier of camera sensors for smartphones, has changed its forecasts regarding the expected timing of the recovery of consumer demand in the market of mobile phones.

Finance & Economics

Palantir Improves Profit Forecast

Palantir Technologies has changed its forecast of adjusted earnings in 2023 to improve.

News

Fitch Downgrades US Debt Rating From AAA to AA+

Fitch Ratings has downgraded the US debt rating from the highest level of AAA to AA+.

News

Singapore Becomes Command Center for ASEAN Fintech: Report

PwC Singapore, Singapore Economic Development Board (EDB) and Singapore FinTech Association (SFA) revealed the growth trends of the financial technology industry in Singapore

News

Morgan Stanley Upgrades Asia Chip Stocks on AI Clamor

Semiconductors used in the field of artificial intelligence have long-term prospects for a high level of demand, which caused a change in the direction of an optimistic assessment of the attitude of Morgan Stanley specialists to the future application of chip stocks in Greater China, South Korea, and Japan.

News

Interest-Only Mortgages Shrink in UK: Report and Forecast

UK Finance observed a further reduction in the size and risk profile of the interest-only mortgage book in 2022, as customers continued to repay their loans on or ahead of schedule

News

McKinsey Reveals How Much Work Activity AI Will Replace

The answer to whether generative AI will take your place at work can be found in the new McKinsey study

Science & Technology

Experts Say ChatGPT to Fuel $1.3 Trillion AI Market by 2032

The release of generative artificial intelligence systems that are focused on solving problems, and satisfying various groups of consumer needs, for example, ChatGPT from OpenAI and Bard from Google will ensure a high level of development of the generative AI market over the next decade and will bring its financial volume to $1.3 trillion by […]