Explained - page 13

German Economy Shrinks
News

German Economy Shrinks

The German economic system continues to face difficulties, and the dynamic of growth is not a reality for it, as evidenced by the fact that in the fourth quarter of 2024, the gross domestic product (GDP) of this country decreased by 0.2% compared to the previous three-month period of last year.

US Economy Slows
Finance & Economics

US Economy Slows

In the last three months of 2024, the upward dynamic of the United States economic system began to show a slowdown, but still, growth in this case was a steady process, and not a kind of symbolic alternation of ups and downs, forming a situation of sharp manifestations of multidirectional phenomena.

PaySpace Magazine Tops FeedSpot’s Ranking of Best Payment Magazines
News

PaySpace Magazine Tops FeedSpot’s Ranking of Best Payment Magazines

PaySpace Magazine topped the ranking of the best payment magazines compiled by FeedSpot.

Meta Reports Its Financial Results
News

Meta Reports Its Financial Results

On Wednesday, January 29, in after-hours trading Meta’s shares demonstrated slight growth against the background of the fact that this technology giant published its earnings for the fourth quarter of 2024 and the whole of last year.

IBM Shares Increase on Earnings Beat
News

IBM Shares Increase on Earnings Beat

IBM on Wednesday, January 29, released information about its earnings for the fourth quarter of 2024, which exceeded Wall Street’s preliminary expectations.

Microsoft Reports Earnings
News

Microsoft Reports Earnings

On Wednesday, January 29, during the extended trading, the value of Microsoft shares fell by as much as 5% after the technology giant released its results for the second fiscal quarter, which showed the growth of Azure cloud computing services below preliminary expectations.

DeepSeek Faces Cyberattack
Science & Technology

DeepSeek Faces Cyberattack

Chinese startup DeepSeek announced last Monday, January 27, that it would temporarily limit registrations due to a cyberattack after the brand’s artificial intelligence assistant suddenly became very popular.

Humanity Protocol Secures Valuation of $1.1 Billion
Science & Technology

Humanity Protocol Secures Valuation of $1.1 Billion

Humanity Protocol has secured a fully diluted valuation of $1.1 billion after raising $20 million in a funding round co-led by Jump Crypto and Pantera Capital.

Affirm Expands Cooperation With Liberty Mutual Investments
News

Affirm Expands Cooperation With Liberty Mutual Investments

Buy Now, Pay Later (BNPL) lender Affirm Holdings has expanded the scope of its capital partnership with an investment company Liberty Mutual Investments (LMI).

Texas Instruments Gives Dour Q1 Profit Forecast
Science & Technology

Texas Instruments Gives Dour Q1 Profit Forecast

Texas Instruments has published a profit forecast for the first quarter of the current year, which turned out to be lower than analysts’ preliminary expectations regarding the dynamic of the corresponding indicator.

SK Hynix Reports Earnings
News

SK Hynix Reports Earnings

South Korean company SK Hynix, one of the largest manufacturers of memory chips in the world, on Thursday, January 23, published information about its earnings for the fourth quarter of 2024.

OpenAI Introduces Operator
News

OpenAI Introduces Operator

OpenAI takes the functionality of its chatbot ChatGPT to a new level.

Ally Sells Credit Card Business to CardWorks
News

Ally Sells Credit Card Business to CardWorks

Ally Financial has sold its credit card business to Cardworks, a company that specializes in consumer finance.

Capital One’s Card Purchase Volumes Demonstrate Growth
Finance & Economics

Capital One’s Card Purchase Volumes Demonstrate Growth

Last Tuesday, January 21, Capital One published information on the results of its activities for the fourth quarter of 2024.

TSMC Expects Its Chips Act Funding to Continue Under Donald Trump
News

TSMC Expects Its Chips Act Funding to Continue Under Donald Trump

In the past, the President of the United States, Donald Trump, has accused Taiwan of stealing his country’s chip industry, but Taiwan’s largest microcircuits company is confident that Mr. Trump’s administration will continue funding its projects in the US.

Survey Shows Japan Companies Prepares for Donald Trump Tariffs
News

Survey Shows Japan Companies Prepares for Donald Trump Tariffs

Most Japanese companies that have operations in the United States are currently preparing for possible additional tariffs after the inauguration of US President-elect Donald Trump.