Fed Signals Possibility of Rate Cuts
The Federal Reserve has said that the current cycle of interest rate hikes may be completed soon.
Report - page 109
Adobe Predicts Longer AI Boost
Adobe Inc. has released a restrained sales forecast for next year, which has caused investors to be disappointed. who expected that the new tools of generative artificial intelligence would provide intensive growth in the indicators of activity of this software developer.
China’s Local Governments Support Troubled Banks
In China, regional authorities have issued a record number of special bonds to provide support to small banks that are facing problems.
LTK Rolls Out AI Solution to Match Brands and Creators
LTK announced the launch of a new artificial intelligence-based solution, through which brands can interact with creators and plan marketing campaigns.
ConnexPay Adds Acquiring in Canadian Dollars to Its Virtual Card Offering
The ConnexPay payment platform has announced the addition of acquiring in Canadian dollars to its offer for issuing digital cards.
UK’s Economy Shrinks
The economy of the United Kingdom in October this year showed a contraction that turned out to be stronger than expected.
China Chipmaker Changxin Memory Technologies Seeks Funds at $19.5 Billion
Chinese chip manufacturer Changxin Memory Technologies Inc. has postponed its initial public offering and currently has plans to explore the possibility of raising funds worth 140 billion yuan ($19.5 billion).
Nokia Cuts 2026 Profitability Goal
Nokia Oyj has worsened its long-term profitability target.
Apple Reportedly Plans Overhaul to iPad Family
The media reports that Apple is planning to overhaul its family of iPad tablets.
Nvidia Invests in More Than 35 AI Companies in 2023
Nvidia, which is currently the world’s largest manufacturer of chips used, among other things, for training and subsequent operation of artificial intelligence systems, this year strengthened its position as an investor interacting with startups operating in the sphere of AI.
Pew Research Report Shows Choice of American Teens in Favor of YouTube and TikTok
A new report by the Pew Research Center on the use of social networks and the Internet indicates that American teenagers often spend time on virtual platforms, which is not a sensation or little expected news, but the choice of representatives of the younger generation in this matter deserves attention.
BOJ Reportedly to See Little Need to End Negative Rate in December
Bank of Japan officials do not yet see a reason to decide to cancel the world’s last negative interest rate in December.
Nvidia Reportedly Sees Vietnam as Potential Second Home
The Chief Executive Officer of Nvidia Corp. Jensen Huang considers Vietnam as a potential second home for the company he heads and plans to open a legal entity in the Southeast Asian country.
Rakuten Plans to Launch AI Model
Rakuten plans to launch its proprietary language model of artificial intelligence.
Chinese Consumer Price Index Shows Decline
In China, local financial authorities are struggling with falling prices, while in many other countries, central banks are taking measures aimed at curbing the process of increasing the cost of goods and services.
Meta Launches Security Tools in Llama AI Model
Meta has launched the Purple Llama project, which is related to its artificial intelligence tool of the same name.
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