The Chinese authorities have promised to take measures to strengthen fiscal policy next year to maintain the economic system of this country, the situation within which tends to become synonymous with weakness, but has not yet reached a catastrophic level and there are chances to remedy the situation.
According to the results of November, sales volumes of Taiwan Semiconductor Manufacturing Co.(TSMC) demonstrated a negative dynamic of decline.
Amazon is currently testing a new grocery subscription for members of its Prime program.
The Tata Group conglomerate intends to build in India one of the largest factories for the assembly of iPhone smartphones included in the Apple product range.
China’s exports, according to the results of November, showed growth for the first time since April this year.
Google on Wednesday, December 6, presented an artificial intelligence model called Gemini, which the company described as the most flexible configuration of advanced technology since it will be released in different parameters.
The Chief Executive Officer of Nvidia Corp. Jensen Huang said that Huawei Technologies Co. is on the list of the most serious competitors of his company in the race for the production of the best chips designed for the creation and subsequent functioning of artificial intelligence systems.
The Dutch company ASM International NV, which specializes in the manufacture of equipment for making chips, intends to invest $324 million in a new headquarters in the US state of Arizona.
Microsoft has announced that new features will be added to its artificial intelligence service Copilot next year.
Brian Moynihan, CEO of Bank of America, said that the American economic system, in his opinion, is moving towards the realization of optimistic prospects in the foreseeable future, noting that it is likely to be expected to have a so-called soft landing rather than a recession.
Digital asset trading volume on a crypto-friendly trading platform Robinhood grew 75% month-on-month in November.
Chief Executive Officer of Wells Fargo & Co. Charlie Scharf said that the limitation of the assets of the Federal Reserve System is currently not a factor of significant influence on the process of activity of the financial institution he heads, but suggests that the situation will change in the future.
Nvidia intends to participate in the process of creating an artificial intelligence ecosystem in Japan.
Foxconn, the main smartphone manufacturer of the iPhone line, which is part of the Apple product range, reported an improvement in dynamic sales in November.
Moody’s Investors Service has changed the forecast for Chinese sovereign bonds, lowering the corresponding indicator to negative.
Goldman Sachs thinks that there is currently an overly optimistic mood in the financial markets regarding the possible range of interest rate cuts by the Federal Reserve next year.
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