Wall Street Ends Sharply Lower
On Monday, March 10, the stock indexes of the United States showed a significant drop.
On Monday, March 10, the stock indexes of the United States showed a significant drop.
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.
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.
The media reported that perhaps as early as next week, the digital physiotherapy startup Hinge Health will file for an initial public offering (IPO) of shares.
The media published information according to which Microsoft is currently developing in-house artificial intelligence reasoning models to compete with OpenAI.
Federal Reserve chairman Jerome Powell acknowledged the growing uncertainty in the context of the prospects for the subsequent dynamic of the United States economic system but at the same time, he noted that currently there is no need for officials to rush to adjust monetary policy.
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.
In the United States, job growth stabilized last month, while the country’s unemployment rate increased.
The acceleration of mass adoption for generative artificial intelligence (GenAI) is expected to boost revenues from this technology almost 20-fold over the next three years.
Sunrate and Atlas have joined forces to address challenges related to cross-border payments in the travel industry.
Klarna founder and chief executive officer Sebastian Siemiatkowski said last Tuesday, March 4, that companies operating in the software-as-a-service (SaaS) area are likely to consolidate as customers of firms in the appropriate category involved in the process of adopting artificial intelligence strive for the so-called hub of knowledge.
Over the past year, adoption of a rapidly expanding Visa Tap to Phone technology has skyrocketed by 200% worldwide, enabling SMBs to accept transactions seamlessly and at low cost.
Apple has unveiled new 11-inch and 13-inch iPad Air models with the M3 chip.
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.
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%.
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.
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