Explained - page 33

Finance & Economics

China Reports Exports and Imports Data

In July, China recorded an increase in imports, which exceeded preliminary expectations for the dynamic of this indicator, while the pace of export activity turned out to be less optimistic compared to forecasts.

News

SoftBank Reportedly to Log Small Profit

The media, citing expert opinions, report that SoftBank Group Corp. will report a small profit.

News

Startup Riverlane Raises $75 Million

The startup Riverlane, which specializes in the development of semiconductors to reduce errors in quantum computing, announced that it managed to raise $75 million in the latest funding round.

Finance & Economics

Morningstar DBRS Says About Self-Fulfilling Prophecy on Market

Morningstar DBRS analysts warn that a prolonged downturn in the market after a global sell-off could become what they called a self-fulfilling prophecy.

News

Japanese Stocks Rebound From Crash

On Tuesday, August 6, in Japan, local stock indexes showed significant growth, partially offsetting the drop a day earlier that became a historical negative record.

News

European Tech Stocks Decline

On Monday, August 5, the value of shares of European technology companies and local firms operating in the semiconductor manufacturing industry showed a drop.

Finance & Economics

Japanese Stocks Demonstrate Rapid Fall

On Monday, August 5, Japanese stock indexes showed a drop in price of such a scale that corresponds to the concept of historical losses and does not belong to the category of moderate decline, which is not critical.

News

UK Cancels $1.7 Billion of Computing Projects

In the United Kingdom, the local government has canceled computer infrastructure projects worth 1.3 billion pounds ($1.7 billion).

News

UK Banks Cut Costs

The largest local financial institutions in the United Kingdom have started to cut costs.

News

Intel Shares Fall Amid Disappointing Earnings

Intel shares fell by 20% on Thursday, August 1, as a result of information about the financial performance of the company in the second quarter of 2024, which turned out to be worse than preliminary expectations, and the consequence of the statement by the management of the firm about its intention to lay off more […]

News

US Unemployment Rate Demonstrates Growth

In July, a cooling was recorded in the United States labor market, which turned out to be more widespread than preliminary forecasts regarding the most likely dynamic of the state of affairs in the relevant space.

Science & Technology

AMD Posts Revenue Rise

Advanced Micro Devices (AMD) has released information on its financial results for the second quarter of the current year.

Science & Technology

Qualcomm Revenue Beats Estimates

Qualcomm on Wednesday, July 31, released information on the results of its operations for the third fiscal quarter.

News

Stripe Buys Lemon Squeezy

Stripe has acquired Lemon Squeezy, a payment processing startup.

Finance & Economics

China to Focus on Consumption

In China, the local leadership has promised to pay high-level attention to stimulating consumer spending.

Finance & Economics

Euro-Area Economy Demonstrates Growth

In the second quarter of the current year, the eurozone economic system was on a growth trajectory and demonstrated such positive dynamic rates that exceeded the initial expectations of experts regarding the intensity of the rising of the corresponding indicator.