Robinhood Launches Desktop Platform
Robinhood launched the long-awaited desktop platform on Wednesday, October 16.
Report - page 56
Amazon Announces Its First Color Kindle E-Reader
Amazon on Wednesday, October 16, announced a new version of the Kindle e-book reader.
UK Inflation Drops
In September, the United Kingdom recorded a sharp decrease in the inflation rate.
Morgan Stanley Earnings Exceed Estimates
Morgan Stanley on Wednesday, October 16, published information about its earnings for the third quarter of the current year.
ASML Shares Demonstrate Decline
The value of shares of ASML Holding NV showed a decrease, which turned out to be the largest in the last 26 years, after it became known this Dutch company specializing in the production of equipment necessary for making chips, including advanced categories, booked only half of the orders from the indicator predicted by analysts.
Amazon Uses Legal Action and Other Methods to Combat Fake Reviews
Amazon on Monday, October 14, said that it uses legal action and other methods to combat fake reviews and prevent customers from seeing relevant materials.
Adobe Rolls Out New AI Model to Generate Video
Adobe has presented an artificial intelligence model that can use text prompts to generate videos.
Citigroup Reports Earnings
Citigroup on Tuesday, October 15, released information about its earnings for the third quarter of the current year, which exceeded the preliminary expectations of Wall Street analysts.
Walgreens Closes 1,200 stores
Walgreens is closing about 1,200 locations, which is a decision made against the background of circumstances such as the competition of this pharmacy chain with similar virtual platforms and a decrease in payment for prescription drugs.
Goldman Sachs Earnings Exceed Forecasts
Goldman Sachs has published data on the financial results of its activity in the third quarter of the current year, according to which the revenue and profit of this bank with headquarters in New York City for the mentioned period exceeded preliminary expectations for the corresponding dynamic.
Goldman Sachs Upgrades China’s GDP Forecast
Experts at Goldman Sachs Group Inc. have revised their forecasts for China’s economic growth prospects in the current year and 2025.
Nvidia’s Market Cap Tops $3.4 Trillion
On Monday, October 14, Nvidia shares closed at a record high as Wall Street is currently preparing for earnings season.
China Exports Growth Demonstrates Slowdown
In China, an unexpected slowdown in export growth was recorded in September.
China to Increase Spending to Revive Economic Growth
China will significantly increase the issuance of government debt obligations to offer subsidies to people with low income, support the real estate market, which has recently been in a crisis condition, and replenish the capital of state-owned banks.
OpenAI’s Nonprofit Structure Demonstrates Probability of Transformation
OpenAI, one of the main players in the global artificial intelligence industry and the developer of the world’s most popular chatbot called ChatGPT, is likely to face costly and inconvenient reckoning due to its nonprofit origin, even though the startup’s valuation has reached the $157 billion mark.
UK Economy Returns to Growth
In the United Kingdom, the local economic system has returned to a growth trajectory, which put UK Prime Minister Keir Starmer on track for a modest recovery before worries about his first budget became a factor of pressure on sentiment.
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