Explained - page 21

Nvidia Reports Earnings
Science & Technology

Nvidia Reports Earnings

Nvidia on Wednesday, November 20, released information about its earnings for the quarter ended October 27.

Goldman Sachs CEO Sees Robust Capital Markets Next Year
Finance & Economics

Goldman Sachs CEO Sees Robust Capital Markets Next Year

Goldman Sachs chief executive officer David Solomon expects capital markets to be more robust next year.

KPMG Launches AI Partnership With Google Cloud
Science & Technology

KPMG Launches AI Partnership With Google Cloud

KPMG will spend $100 million on its enterprise services in the artificial intelligence area over the next four years.

BioCatch Launches Financial Crime Intelligence Network
News

BioCatch Launches Financial Crime Intelligence Network

BioCatch, which specializes in developing fraud prevention solutions, announced the launch of what it described as the world’s first interbank network for the sharing of information on financial crimes.

Payhawk Collaborates With JPMorgan Payments
Fintech & Ecommerce

Payhawk Collaborates With JPMorgan Payments

Payhawk, a company specializing in functional solutions for expense management, has started cooperating with JPMorgan Payments.

New Nvidia AI Chips Reportedly Overheat in Servers
News

New Nvidia AI Chips Reportedly Overheat in Servers

Media reports that Nvidia’s new Blackwell AI chips have encountered problems with accompanying servers that overheat.

Nomura Expects Fed to Pause Rate-Cut Cycle
Finance & Economics

Nomura Expects Fed to Pause Rate-Cut Cycle

Experts at the Japanese financial company Nomura expect that the Federal Reserve will not decide on cutting interest rates at its monetary policy meeting next month.

QR Codes Take 20% of All Online Scams
News

QR Codes Take 20% of All Online Scams

QR codes have recently become one of the most common tools for committing crimes among scammers who operate in the virtual space.

Discover and Telered Partner to Improve Payment Experience in Panama
News

Discover and Telered Partner to Improve Payment Experience in Panama

Discover Financial Services and Telered, the main operator of electronic transactions and payment methods in Panama, have entered into a partnership aimed at improving the quality of payment operations for residents of the mentioned country, local merchants, and visitors.

US Finalizes $6.6 Billion Chips Award for TSMC
News

US Finalizes $6.6 Billion Chips Award for TSMC

The United States Commerce Department on Friday, November 15, announced that it finalized a $6.6 billion government subsidy for the US unit of Taiwan Semiconductor Manufacturing Co (TSMC).

Fed’s Susan Collins Says About Prospects of December Rate Cut
Finance & Economics

Fed’s Susan Collins Says About Prospects of December Rate Cut

Federal Reserve Bank of Boston President Susan Collins on Friday, November 15, during a conversation with media representatives, stated that cutting interest rates in the United States in December remains on the table, noting separately in this context that the relevant decision of the US financial regulator will be based on the coming data on […]

China’s Stimulus Measures Raise Domestic Consumption
Finance & Economics

China’s Stimulus Measures Raise Domestic Consumption

For China, the fourth quarter of the current year began and continues as a period of a more balanced condition of the local economic system, which in recent years has been facing various challenges that have a significant sensitive impact on the situation in the relevant space.

Foxconn Reports Q3 Earnings
Science & Technology

Foxconn Reports Q3 Earnings

Foxconn, the world’s largest contract electronics manufacturer based in Taiwan, on Thursday, November 14, released information about its earnings in the third quarter of the current year.

ASML Predicts Growth Continuing
News

ASML Predicts Growth Continuing

ASML, a Netherlands-based manufacturer of equipment for making chips, on Thursday, November 14, stated that it expects sales growth in the range of 8% to 14% over the next five years.

Fintech Zopa Aims to Double Profit
News

Fintech Zopa Aims to Double Profit

Digital lender Zopa, headquartered in London, is currently on track to double profits and to the growth of annual revenue by more than a third in 2024.

US Inflation Stays Firm
Finance & Economics

US Inflation Stays Firm

In the United States, inflation remained firm last month.