Explained

Finance & Economics

Alphabet’s Cash Boom Stimulates Dividend Hopes on Wall Street

Alphabet Inc. receives so much cash that against this background, hopes are growing that it will be able to take the page out of the playbook of Meta Platforms Inc. and start paying dividends.

News

China’s Q1 Fiscal Revenue Demonstrates Decline

In the first quarter of the current year, China’s fiscal revenue showed a decrease of 2.3% compared to the result for the same period in 2023.

Finance & Economics

S&P Says About Loosening of China’s Fiscal Stimulus

Yunbang Xu, senior analyst at S&P Global Ratings, said that China’s fiscal stimulus program is gradually weakening.

Science & Technology

TSMC Reports First-Quarter Revenue and Profit

Taiwan Semiconductor Manufacturing Company (TSMC) on Thursday, April 18, released earnings data for the first quarter of 2024.

Finance & Economics

China’s Economy Demonstrates Growth

In the first quarter of the current year, China’s economy showed growth that exceeded preliminary expectations, turning out to be a steady process, mainly as a result of the positive state of affairs in the high-tech segment of the manufacturing sector.

Science & Technology

Adobe Releases Acrobat AI Assistant

Adobe released its artificial intelligence-based digital assistant on Monday, April 15.

Science & Technology

Salesforce Reportedly Considers Acquiring Informatica

The media reports that Salesforce is currently in active negotiations to acquire data management software provider Informatica.

Science & Technology

Cisco’s AI Chief Says Technologies to Enhance Workplace Productivity

Artificial intelligence, which has already been called by many experts as the main driving force of progress and global development at the current historical stage of human civilization existence, can change the state of affairs in the labor sector and significantly transform the commercial environment in terms of aspects such as productivity, efficiency and quality […]

News

Elon Musk Predicts AI to Surpass Human Intelligence

Elon Musk, in an interview on X with Norges Bank CEO Nicolai Tangen, stated that artificial intelligence is already on the verge of surpassing the capabilities of the human mind.

News

Official Says About Impact of China’s Policy to Boost Demand

China’s new political strategy, which is aimed at stimulating domestic demand in this Asian country, will become a significant factor in impacting the growth of the local economy in the foreseeable future.

News

UK Economy Demonstrates Growth

In the United Kingdom, gross domestic product (GDP) showed an increase of 0.1% in February compared with the result for January.

News

Key US Price Gauge Exceeds Forecasts

A key US price gauge has exceeded forecasts for rent and transportation costs growth.

News

Fitch Downgrades China’s Outlook

Last Tuesday, April 9, Fitch downgraded the outlook on China’s credit rating, explaining the corresponding decision by the fact that currently, this Asian country is facing such negative circumstances as growing financial risks that have arisen against the background of significant problems in the local economic system.

Science & Technology

Intel Unveils Latest AI Chip

Intel on Tuesday, April 9, presented its newest artificial intelligence chip called Gaudi 3.

News

China’s Premier Li Qiang Assembles Economic Experts to Discuss Current Challenges

Last Monday, April 8, Chinese Prime Minister Li Qiang held a meeting with economic experts and representatives of the business community.

Finance & Economics

Global Companies With China Units Choose Cheaper Renminbi Funding

Global companies that have business in China are increasingly issuing debt obligations in renminbi to finance activities in the Asian country, as for the first time in six years such a solution has become more cost-effective compared to the practice of raising funds in US dollars.