Palantir Improves Profit Forecast
Palantir Technologies has changed its forecast of adjusted earnings in 2023 to improve.
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SoftBank Vision Fund Makes First Profit
Vision Fund, which is part of the ownership structure of the Japanese corporation SoftBank Group, announced its first profit.
Amazon Launches Credit Card in Brazil
Amazon announced the beginning of cooperation with the Brazilian bank Banco Bradesco.
Apple Reportedly Beefs Up AI Capabilities of Its Mobile Devices
The media reports that Apple is currently expanding the scale of integration of generative artificial intelligence into its mobile devices.
Bank of America Says About Importance of Transcontinental Transparency for Cross-Border Payments
Isabel Baransky, director of Global transactional services at Bank of America and head of automatic conversion products in transactional currency payments, said that the lack of transparency is the most characteristic feature of the current state of cross-border payments.
Amazon Reports Increase in Online Sales in Second Quarter of 2023
Amazon’s results for the second quarter of this year testified that the company’s desire to become a large-scale commercial ecosystem, the concept of which provides for going beyond the format of sales reporting on its platform, is being implemented and has a certain level of efficiency.
India Postpones Laptop Import Restrictions
India has postponed the start date of restrictive measures against the import of laptops, tablets, and servers to this country.
DoorDash and Uber Compete to Increased Delivery Subscription Usage
DoorDash and Uber are actively competing with each other as part of efforts to increase the number of their user bases.
Petal to Expand Credit Card Program
Petal announced intention to expand its credit card program.
Bank of England Raises Interest Rates
The Bank of England on Thursday, August 3, announced an increase in interest rates.
Robinhood Reports First-Ever Profit
The second quarter of 2023 was the first profitable period for Robinhood Markets since the platform became public, which happened in July 2021.
DoorDash’s Grocery Business Grows to Record-High 532 Million Orders
DoorDash fixed record volumes of orders against the background of the rapid expansion of its grocery business, which has resulted in the growth of sales figures.
Apple Card’s Savings Account Exceeds $10 Billion
Apple Card’s Savings Account Exceeds $10 billion.
Stripe Offers Tax Tool to Its Platform Clients
Stripe reported about tax tool, the use of which will allow the clients of the company’s platform to increase the volume of sales worldwide.
Fitch Downgrades US Debt Rating From AAA to AA+
Fitch Ratings has downgraded the US debt rating from the highest level of AAA to AA+.
SoFi Publishes Earnings Results
SoFi’s results concerning the company’s revenues have become evidence of the effectiveness and justification of the firm’s concept of activity, which provides for the unification of savings, lending, and expenses within a single financial vector characterized by continuity.
