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.
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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.
US Economy Adds 151,000 Jobs
In the United States, job growth stabilized last month, while the country’s unemployment rate increased.
Apple Launches New iPad Air
Apple has unveiled new 11-inch and 13-inch iPad Air models with the M3 chip.
Stocks Drop Amid Trade-War Jitters
There is a downward tendency in stocks around the world, as concerns about the effects of a trade war on the economic situation have intensified, with an increase in flight to short-term bonds, gold, and safe haven currencies.
European Inflation Cools
Inflation in the eurozone has shown a decline, which has led to an argument for increased confidence that this indicator is approaching the European Central Bank’s target of 2%.
Xi Jinping Reportedly Prepares to Unveil China Stimulus Plan
The head of the People’s Republic of China, Xi Jinping, is gradually approaching one of the main political huddles of the current year against a favorable background based on the gradual improvement of the situation in the economic system of the Asian country.
OpenAI Launches GPT-4.5 for Some Paying Users
OpenAI, one of the largest players in the global artificial intelligence industry, has released a research preview of its latest GPT-4.5 model for its Pro users and developers worldwide.
Amazon Unveils Quantum Chip
Amazon Web Services (AWS) on Thursday, February 27, demonstrated a quantum computing chip with new technology, which the company expects will reduce by as much as five years its efforts to build a commercially useful quantum computer.
Nvidia Sales Demonstrate Growth
Nvidia on Wednesday, February 26, published information about its earnings for the fourth fiscal quarter, which exceeded Wall Street’s preliminary expectations.
Ascenda and Galileo Start Partnership
Ascenda and Galileo Financial Technologies announced the beginning of cooperation, which aims to help banks, fintech companies, and other brands launch card loyalty programs.
Anthropic Launches New AI Model
The startup Anthropic, which is based in San Francisco and operates in the space of the artificial intelligence industry, presented a new frontier AI model called Claude 3.7 Sonnet.
Canadian Banks Reportedly to Build Reserves to Cushion Tariff Uncertainty
Currently, analysts expect Canada’s six largest banks to build more credit loss provisions, as these financial institutions are nowadays bracing for uncertainty related to the tariff threat from the United States, which could impact earnings in the first quarter of 2025 and beyond.
Prosus Plans to Buy Just Eat Takeaway
Just Eat Takeaway.com, a European giant in the area of food delivery, is poised to be acquired by Prosus, a Dutch technology investor.
Ant Group Enters AI Robotics Sector
Chinese fintech giant Ant Group has ventured into the Asian country’s humanoid robotics sector, which is currently in the condition of active development.
China’s Tech Stocks Demonstrate Growth
Shares of Chinese technology companies listed in Hong Kong on Friday, February 21, showed their best weekly winning streak since 2020, as earnings surpassing preliminary expectations and optimism about the artificial intelligence sector gained global investors who made financial injections into the relevant area.
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