Explained - page 34

News

Indian Stocks Demonstrate Record Highs

Indian stock markets on Monday, June 3, reached record highs amid news that experts predict the victory of the current Prime Minister of this South Asian country, Narendra Modi, in national elections.

Science & Technology

Nvidia Plans to Launch AI Platform Rubin in 2026

In 2026, Nvidia intends to introduce an artificial intelligence platform called Rubin, which will become part of the new technological products of this company, which is one of the main beneficiaries of the so-called AI boom.

Finance & Economics

Fitch Upgrades Ireland’s Credit Rating

Fitch upgraded Ireland’s rating, which was another evidence of the country’s advancement after the European Union provided its financial assistance 14 years ago.

Science & Technology

Dell Reports First-Quarter Earnings

Dell has released information on its financial results for the first quarter of fiscal year 2025.

News

Nvidia Approaches to Overtake Apple as World’s Second-Most Valuable Company

In the foreseeable future, Nvidia may surpass Apple and become the second most valuable company in the world.

News

India’s Economy Demonstrates Growth

India’s economy grew by more than 8% in the fiscal year that ended in March.

News

Euro-Area Inflation Accelerates

In the eurozone, an acceleration in the rate of inflation was recorded, which exceeded preliminary expectations regarding the dynamic of this process.

Science & Technology

Rows Raises $8.7 Million

Rows reported that it managed to raise 8 million euros (about $8.7 million).

News

China’s Wary Investors Demonstrate Interest in Ultra-Long-Term Special Government Bonds

The surge in interest in China’s ultra-long-term special government bonds, which are extremely rarely offered, has become evidence that investors are interested in the so-called safe-haven assets since they need at least some guarantees and some protection during a period of significant economic instability.

News

China’s Middle Class Concerns About Spending

According to the results of a study conducted by employees of the Southwestern University of Finance and Economics in Chengdu, Sichuan Province, Chinese families who belong to the middle-class category continue to take a cautious approach in the context of their spending issues.

Science & Technology

China Creates $47.5 Billion Chip Fund

China has set up the largest investment fund in the history of this Asian country dedicated to the development of homegrown chips, which is especially important for Beijing at the current historical moment characterized by a high level of geopolitical tension.

News

Spreedly Launches Partnership With NuORDER

The open payments platform Spreedly announced the beginning of an expansioned partnership with B2B commerce company NuORDER by Lightspeed.

Science & Technology

Lenovo Reports Quarterly Earnings

For the third quarter in a row, Lenovo has published information on financial performance that exceeds preliminary expectations.

News

UK Inflation Slows

In the United Kingdom, the inflation rate in April was the lowest in almost three years.

Finance & Economics

Wall Street Provides Financing Deals Backed by AI Chips

Wall Street investment companies are striving to take advantage of the artificial intelligence industry, which is currently demonstrating a high intensity of development and scaling.

News

DoorDash Scales Ulta Partnership to All 50 States

DoorDash announced the expansion of its partnership with Ulta Beauty, which is already three years old.