Explained - page 4

Finance & Economics

Gold Surges to New Record High

The price of gold on Tuesday, April 22, reached a new record high amid scaling and increasing concerns related to the intention of the President of the United States Donald Trump to oust Federal Reserve Chairman Jerome Powell.

News

Netflix Reports Earnings

Netflix has released information about its earnings for the first quarter of 2025.

News

SoFi Adds Funds in Commitments to Loan Platform Business

SoFi secured agreements worth $3.2 billion for expansion to its Loan Platform Business.

News

KeyCorp’s Commercial Payments Business Demonstrates Growth

KeyCorp released data on its earnings, which showed growth in deposits, while the bank’s management pointed to the momentum in payments, including commercial transactions of the relevant category, which should prove resilient even amid macroeconomic difficulties related to the tariff-driven trade war.

Science & Technology

Nvidia CEO Visits Beijing

Nvidia Corp. chief executive officer Jensen Huang arrived in Beijing after the administration of United States President Donald Trump barred the company from the sale of the H20 artificial intelligence chip to China.

News

TSMC Reports Earnings

Taiwan Semiconductor Manufacturing Company (TSMC) on Thursday, April 17, maintained its annual revenue forecast after its profit for the last quarter exceeded preliminary expectations and became evidence that global consumer demand for artificial intelligence chips continues.

Fintech & Ecommerce

ValidiFI Offers Authoritative Bank Account Verification Tool

Bank account and payment intelligence company ValidiFI has started offering consumers new authoritative bank account verification capabilities.

News

Anthropic Reportedly to Add Voice Capabilities to AI Assistant Claude

The media published information according to which Anthropic plans to add voice capabilities to its artificial intelligence assistant Claude.

Finance & Economics

Global Tech Stocks Decrease

On Wednesday, April 16, technology stocks are on a downward trajectory as new restrictions from the United States government on the export of Nvidia Corp. chips to China and the disappointing report from ASML Holding NV have significantly worsened the prospects for the semiconductor sector, which has already caused the market value of the two […]

Science & Technology

South Korea Announces Over $23 Billion for Chip Sector

South Korea on Tuesday, April 15, announced a 33 trillion won ($23.25 billion) support package for its vital semiconductor industry, as high levels of tariff uncertainty from the United States threaten companies based in the Asian country.

Finance & Economics

US Announces Probe Into Electronics Imports

The US Commerce Department is conducting a national security investigation into the import of semiconductor technology and related downstream products.

News

Rare Earths Become China’s Weapon in Trade War

China may start using rare earths as a weapon in a new trade war with the United States.

Finance & Economics

Chinese Exports Show Growth

In March, China’s export activity showed growth that exceeded preliminary expectations regarding the dynamic of this indicator, as businesses frontloaded outbound shipments to avoid prohibitive tariffs from the United States.

Fintech & Ecommerce

US Bank Introduces Business-Focused Checking and Spend Management Tools

U.S. Bank presented an all-in-one checking account combined with payment acceptance capabilities for small businesses.

Blockchain & Crypto

Mantra CEO Denies Insider OM Token Dump

Mantra chief executive officer John Mullin denied reports of large-scale token transfers by major Mantra investors in the days leading up to the sharp collapse of the OM token.

News

BNY’s Profit Increases

Bank of New York Mellon Corp. has published data on its earnings for the first quarter of 2025, which showed growth.