Explained - page 7

Finance & Economics

China’s Economy Demonstrates Positive Results

In China, in the first two months of the current year, growth in consumption, investment, and industrial production was recorded, which exceeded initial expectations regarding the dynamic of the corresponding indicators.

News

Alphabet to Buy Wiz for $32 Billion

Alphabet, Google’s parent company, announced on Tuesday, March 18, that it would acquire Wiz in its largest deal valued at approximately $32 billion.

Finance & Economics

UK Economy Demonstrates Decline

The United Kingdom’s economic system showed an unexpected decline in January.

News

Klarna Files for US IPO

Swedish provider Buy Now, Pay Later (BNPL) loans Klarna filed its prospectus IPO on Friday, March 14, and plans to go public on the New York Stock Exchange under the ticker symbol KLAR.

Finance & Economics

Gold Prices Reach $3,000

On Friday, March 14, gold prices reached the $3,000 per ounce mark for the first time in history.

News

US Stocks Rebound

In the United States, stock indexes showed gains on Friday, March 14, as investors tried to stage a rebound to end a rocky week.

News

Worth Raises $25 Million

Automation-focused fintech platform Worth raised $25 million in new funding.

Science & Technology

Corsair Capital Acquires Stake in Platform IDnow

Investment company Corsair Capital has acquired a majority stake in the German IDnow identity verification platform.

Finance & Economics

US Budget Deficit Increases

The United States’ debt and budget deficit problem worsened during President Donald Trump’s first month in office.

News

EU Launches Countermeasures Against US Metals Tariffs

On Wednesday, March 12, the European Union launched countermeasures against the United States tariffs on metal imports, announcing its intention to enact its own levies on American goods worth up to 26 billion euros ($28.3 billion).

News

US Inflation Declines

In the United States in February, consumer prices showed growth, the pace of which turned out to be the slowest in the last four months, against which a kind of respite is forming in anticipation of the impact of tariffs, characterized by many experts as a factor in increasing the cost of goods and services.

News

Wall Street Ends Sharply Lower

On Monday, March 10, the stock indexes of the United States showed a significant drop.

Science & Technology

TSMC’s Sales Accelerates

Revenue of Taiwan Semiconductor Manufacturing Co. (TSMC) in the first two months of the current year showed growth of 39%, which is an acceleration compared to the upward dynamic of this indicator in 2024 and indicates a steady level of consumer demand for Nvidia chips used in the development of artificial intelligence.

News

StubHub Reportedly Considers Seeking $1 Billion in IPO

The media published information according to which the ticketing software company StubHub intends to raise more than $1 billion in an initial public offering (IPO) of shares.

Science & Technology

Broadcom Shares Demonstrate Growth

Broadcom shares showed growth after the company released positive financial results for the first quarter of fiscal 2025 and optimistic guidance last Thursday, March 6, indicating continued demand for artificial intelligence.

News

US Economy Adds 151,000 Jobs

In the United States, job growth stabilized last month, while the country’s unemployment rate increased.