Explained - page 4

News

Colombia Cuts Key Rate

The central bank of Colombia has ignored calls to intensify the process of cutting interest rates.

News

Microsoft Reports Earnings

Microsoft last Wednesday, October 30, released information about its earnings for the first fiscal quarter.

News

OpenAI Launches ChatGPT Search

OpenAI on Thursday, October 31, launched a search feature in its chatbot called ChatGPT.

News

Key Fed Inflation Rate Hits 2.1%

In the United States, inflation showed moderate growth in September and approached the Federal Reserve’s target of 2%.

Fintech & Ecommerce

Airwallex Reportedly Plans to Raise $200 Million

Media reports indicate that Airwallex, a payments platform, is currently in talks to raise $200 million in investment funds.

Science & Technology

Siemens to Buy Altair

Siemens will buy Altair Engineering, a company specializing in software development.

News

Euro-Area Economy Growth Beats Expectations

In the eurozone, economic growth was recorded in the third quarter of the current year, the pace of which exceeded preliminary expectations for the dynamic of the corresponding indicator.

Finance & Economics

US Economy Demonstrates Solid Growth

In the third quarter of the current year, the United States economy maintained strong growth rates.

Science & Technology

AMD Reports Quarterly Revenue

Advanced Micro Devices (AMD) on Tuesday, October 29, released information about its earnings for the quarter ended September 28, 2024.

Science & Technology

Alphabet Reports Earnings

Alphabet, the parent company of Google, has published information about its earnings for the third quarter of the current year.

News

Morgan Stanley CEO Says About End of Era of Zero Interest Rates and Inflation

Morgan Stanley chief executive officer Ted Pick on Tuesday, October 29, during a speech at a panel of finance CEOs in Riyadh, Saudi Arabia, said that the days of easy money and zero interest rates are firmly in the past.

News

Citi Launches Integrated Digital Bill Discounting Solution

Citi has launched an integrated digital bill discounting solution, which, as stated by this financial institution, will help customers monetize accounts receivable in less than an hour.

Finance & Economics

Boeing Launches Share Sale

Boeing Co. has launched a share sale worth almost $19 billion.

Science & Technology

Microsoft’s Revenue Reportedly to Decline

Microsoft is expected to release data on Wednesday, October 30, on the slowest growth rate of quarterly revenue in a year.

News

Alphabet’s Q3 Revenue Growth Reportedly to Slow

It is expected that the technology giant Alphabet on Tuesday, October 29, will release data on the slowest revenue growth in the last four quarters hurt by competition that weighed on its core Google Search business and dented YouTube advertising spending.

Science & Technology

Perplexity AI Says Its Search Engine Serves 100 Million Queries Per Week

Perplexity AI chief executive officer Aravind Srinivas on Friday, October 25, said that this artificial intelligence search company serves more than 100 million queries weekly.