Report - page 64

Science & Technology

Alphabet to Report Q2 Growth

It is expected that data on the second-quarterly revenue of Alphabet, the parent company of Google, will show an increase of 14% year-on-year, as reported by the media with reference to their own calculations and estimates of the interviewed experts.

Finance & Economics

China Cuts Interest Rates

In the space of China’s economic system, which is currently the second largest in the world, an unexpected decision by the financial authorities was recorded in the form of lowering borrowing costs.

News

Fed’s John Williams Says About Prospects of Changes in Monetary Policy

Federal Reserve Bank of New York President John Williams said that the long-term trends that led to the reduction of neutral levels for interest rates before the outbreak of the coronavirus pandemic still prevail.

Science & Technology

Xiaomi Presents First Flip Phone

Xiaomi on Friday, July 19, presented its first flip phone.

Finance & Economics

China to Intensify Support for Equipment Upgrades

Beijing intends to strengthen measures to support the implementation of the program for the modernization of equipment and trade in consumer goods.

Science & Technology

OpenAI Launches GPT-4o Mini

OpenAI has presented a more affordable and slimmed-down version of its flagship artificial intelligence model.

News

Samsung to Acquire Startup Oxford Semantic

On Thursday, July 18, Samsung Electronics announced it has agreed to acquire Oxford Semantic Technologies, a United Kingdom-based startup specializing in technologies that can be used for more sophisticated artificial intelligence apps.

Finance & Economics

UK Wage Growth Demonstrates Slowdown

A slowdown in the rate of wage growth was recorded in the United Kingdom.

Finance & Economics

Xi Jinping to Unveil Vision for Chinese Economy

The head of the People’s Republic of China, Xi Jinping, will present his vision of the concept within which the development of the economic system of the Asian country should be carried out.

News

ECB Reportedly to Hold Rates Steady

Officials of the European Central Bank during their meeting on Thursday, July 18, will most likely not make decisions on any changes in interest rates and will hold the corresponding indicator at the same level.

News

Klarna Reportedly Considers Possible 2025 US IPO

Media reports indicate that Klarna is currently weighing financial advisers for its initial public offering (IPO) in the United States.

Science & Technology

Anthropic and Menlo Ventures Partner on AI Fund

Anthropic assists Menlo Ventures with a new $100 million fund for startups in the area of ​​artificial intelligence.

Science & Technology

ASML Shares Fall Amid Risk of More US Export Curbs

The value of ASML Holding NV shares was on a downward trajectory amid the prospect of tightening restrictions from the United States on the business of this Dutch company in the Chinese market.

News

Morgan Stanley Q2 Earnings Exceed Expectations

Morgan Stanley on Tuesday, July 16, released information on revenue and profit for the second quarter of the current year.

Finance & Economics

Demand for Indian Bonds Rises

The Indian sovereign bond market is currently gaining foreign equity investors.

Finance & Economics

Euro-Area Consumer Loan Demand Demonstrates Growth

In the eurozone, banks reported the first increase in demand for consumer credits and housing loans since 2022.