Report - page 6

News

Gold Surges to New Record High

The price of gold on Tuesday, April 22, reached a new record high amid scaling and increasing concerns related to the intention of the President of the United States Donald Trump to oust Federal Reserve Chairman Jerome Powell.

Finance & Economics

IMF Cuts Economic Growth Forecasts for Most Countries

The International Monetary Fund (IMF) on Tuesday, April 22, published updated forecasts for economic growth in the United States, China, and many other countries, demonstrating in this case a more pessimistic outlook compared to previous expectations.

News

ChatGPT Search Demonstrates Growth in Europe

ChatGPT search, OpenAI’s feature within ChatGPT, which allows this chatbot to access and incorporate up-to-date information from the Internet into its responses, is at a fast clip in Europe.

News

Analysts Say US Chip Controls to Benefit China’s Nvidia Rivals

Analysts in the semiconductor area suggest that as the United States tightens control over Nvidia’s sales in China, the Asian country-based manufacturers of artificial intelligence chips such as Huawei may become beneficiaries of these measures from Washington.

News

China Warns Other Countries Against Striking Trade Deals With US at Its Expense

China has warned other countries of the consequences if they strike deals with the United States that could harm Beijing’s interests.

Finance & Economics

China Keeps Lending Rates Steady

The central bank of China on Monday, April 21, left loan prime rates unchanged, which is generally the expected decision of this financial regulator, since strong macro data is currently being observed in the Asian country, allowing Beijing to focus on stabilizing the yuan amid trade tensions with the United States, which has become an […]

News

Metaplanet Tops $400 Million Bitcoin Holdings

Japanese investment company Metaplanet has increased its Bitcoin holdings to over $400 million after its latest purchase.

Science & Technology

Netflix Reports Earnings

Netflix has released information about its earnings for the first quarter of 2025.

News

Shein and Temu to Increase US Prices

Chinese online retailers Shein and Temu have notified US consumers that prices on their respective e-commerce platforms will increase from April 25.

News

SoFi Adds Funds in Commitments to Loan Platform Business

SoFi secured agreements worth $3.2 billion for expansion to its Loan Platform Business.

Finance & Economics

KeyCorp’s Commercial Payments Business Demonstrates Growth

KeyCorp released data on its earnings, which showed growth in deposits, while the bank’s management pointed to the momentum in payments, including commercial transactions of the relevant category, which should prove resilient even amid macroeconomic difficulties related to the tariff-driven trade war.

Fintech & Ecommerce

Toku Raises $48 Million

Toku raised $48 million in a Series A funding round for its accounts receivable (AR) software-as-a-service (SaaS) platform focused on mid-market to enterprise businesses in Chile, Brazil, and Mexico.

Science & Technology

AI Startups Raise $73B in Q1

Over half of the quarterly AI startup investments were brought in by a March $40 billion funding round secured by the industry leader – OpenAI.

Science & Technology

Nvidia CEO Visits Beijing

Nvidia Corp. chief executive officer Jensen Huang arrived in Beijing after the administration of United States President Donald Trump barred the company from the sale of the H20 artificial intelligence chip to China.

Science & Technology

TSMC Reports Earnings

Taiwan Semiconductor Manufacturing Company (TSMC) on Thursday, April 17, maintained its annual revenue forecast after its profit for the last quarter exceeded preliminary expectations and became evidence that global consumer demand for artificial intelligence chips continues.

News

ECB Cuts Interest Rates Again

The European Central Bank has decided to cut interest rates for the seventh time since June last year, as currently growing global trade tensions and significant uncertainty in this area threaten the prospects for the economic recovery of the region.