Economic Forecast - page 6

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

Finance & Economics

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?

News

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.

News

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

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.

Finance & Economics

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.

Finance & Economics

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.

News

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

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.

News

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+.

Fintech & Ecommerce

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.