Economic Forecast - page 6

News

Dell Characterizes Servers as Main Growth Engine in AI Era

Dell Technologies, a company that has become one of the pioneers in the historical space of the era of personal computers, said that currently, the most promising business is the activity of selling equipment for data centers.

Finance & Economics

Fall in Value of TSMC Shares Signals Difficult Times to Chip Sector

The Taiwan Semiconductor Manufacturing Company stock price index has shown a drop more significant than any other securities in Asia since mid-June, which is a reflection of investors’ preparation for a prolonged negative situation of slowing processes in the chip sector.

Finance & Economics

Falling Lithium Prices Indicates Uncertainty About Prospects for Demand in China

The dynamic of the cost of lithium demonstrates a rapid decline, which has already led to the fact that this indicator was at the lowest level in the last two years.

Finance & Economics

UK GDP Grows Faster Than Any European G7 Country Since 2010

UK GDP is now 1.8% higher than its pre-pandemic levels, having increased by 0.2% in Quarter 2 (Apr to Jun) 2023

Articles

US on the Verge of Government Shutdown: What Financial Risks Households Face?

A government shutdown looms over this weekend. What does it mean for American households?

Finance & Economics

Bank of America CEO Expects Soft Landing for Economy

Brian Moynihan, Chairman and Chief Executive Officer of Bank of America, said that, in his opinion, the economic system of the United States is currently on the path to a soft landing and noted that a potential recession scenario probably will not become a reality.

Science & Technology

Experts Say About Benefits of AI for Economies of Many Countries

Artificial intelligence will become a catalyst for the economic growth of the United States and other countries whose economic systems are more developed than China’s.

Finance & Economics

Goldman Sachs CEO Says About Risk of Prolonged Inflation

Goldman Sachs CEO David Solomon expressed doubts that the prospects for further dynamics of the United States economy are positive.

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.

News

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.

News

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.

Finance & Economics

UK Economy Demonstrates Growth

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