Explained - page 5

IMF’s Europe Head Says About Impact of German Fiscal Boost on Euro Area
News

IMF’s Europe Head Says About Impact of German Fiscal Boost on Euro Area

Alfred Kammer, director of the European Department at the International Monetary Fund (IMF), said that an increase in German spending on infrastructure will boost European economic growth, but at the same time will not be a factor that can outweigh the expected impact of tariffs from the United States.

China’s Industrial Profits Return to Growth
News

China’s Industrial Profits Return to Growth

Chinese industrial profits in the first quarter of the current year showed readings indicating a return to growth.

Alphabet Reports Earnings
Science & Technology

Alphabet Reports Earnings

Alphabet, the parent company of Google and YouTube, last Thursday, April 24, published financial results of its activities in the first quarter of 2025, which exceeded analysts’ preliminary expectations regarding the dynamic of the relevant indicators and became a factor of favorable impact on the shares of the technology giant.

Chatbot Gemini Reaches 350 Million Monthly Active Users
News

Chatbot Gemini Reaches 350 Million Monthly Active Users

Gemini, a chatbot from Google, reached a significant milestone in March, which is that the monthly number of active users of this virtual product has reached 350 million.

Intel Reports Disappointing Forecast
Science & Technology

Intel Reports Disappointing Forecast

Intel Corp., formerly an advanced chip manufacturer currently is trying to rise from the darkness of the problems of recent years and return to the shining heights of leadership in the microcircuits industry, which is more vital than ever at the present stage of global technological progress, has published a weak forecast for the expected […]

Revolut Tops $1 Billion in Profit
News

Revolut Tops $1 Billion in Profit

Revolut, a United Kingdom-based fintech company, announced on Thursday, April 24, that its annual profit exceeded the $1 billion mark for the first time.

FBI Says Cybercrime Costs Increase
Finance & Economics

FBI Says Cybercrime Costs Increase

Last year, cybercrime of all kinds caused more than $16 billion in total damage to victims around the world, according to data published on Wednesday, April 23, in a report from the United States Federal Bureau of Investigation (FBI).

CompoSecure Launches Wallet Integration With MoneyGram
Fintech & Ecommerce

CompoSecure Launches Wallet Integration With MoneyGram

CompoSecure, a payment card and security solutions provider, has announced the integration of its Arculus Cold Storage Wallet with MoneyGram Access.

Gold Surges to New Record High
News

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.

Netflix Reports Earnings
Science & Technology

Netflix Reports Earnings

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

SoFi Adds Funds in Commitments to Loan Platform Business
Fintech & Ecommerce

SoFi Adds Funds in Commitments to Loan Platform Business

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

KeyCorp’s Commercial Payments Business Demonstrates Growth
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.

Nvidia CEO Visits Beijing
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.

TSMC Reports Earnings
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.

ValidiFI Offers Authoritative Bank Account Verification Tool
News

ValidiFI Offers Authoritative Bank Account Verification Tool

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

Anthropic Reportedly to Add Voice Capabilities to AI Assistant Claude
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.