Report - page 66

Nvidia Shares Demonstrate Sharp Decline
News

Nvidia Shares Demonstrate Sharp Decline

Nvidia, a giant in the area of artificial intelligence chip development, which in the current year was for some time the most valuable company in the world and in June crossed the $3 trillion market capitalization indicator, suddenly found itself on a downward trajectory, although the prospects were optimistic and the symbolic road ahead was […]

Thailand Adds Cash Payments to Digital Wallet Plan
News

Thailand Adds Cash Payments to Digital Wallet Plan

In Thailand, the local digital wallet plan suddenly faced a transformation that reduced what could be called the virtual component of the content of the relevant strategy.

UK Regulator Reportedly Cuts Fraud Reimbursement Plan
News

UK Regulator Reportedly Cuts Fraud Reimbursement Plan

The media reports that currently in the United Kingdom, the local payment regulator is abruptly cutting its compensation plan for victims of fraud.

Robinhood Launches Stock Lending for British Customers
Fintech & Ecommerce

Robinhood Launches Stock Lending for British Customers

Robinhood has announced the launch of a new stock lending offering for customers in the United Kingdom.

Bank of Canada Reportedly Plans to Cut Interest Rates Again
News

Bank of Canada Reportedly Plans to Cut Interest Rates Again

The Bank of Canada is likely to decide on another interest rate cut at its third meeting in a row.

Technology and Finance Giants Join Anti-Financial Crime Group
Science & Technology

Technology and Finance Giants Join Anti-Financial Crime Group

The Centre for Finance, Innovation and Technology (CFIT) has formed a group to combat financial crimes.

Brazil Tries to Calm Investors
News

Brazil Tries to Calm Investors

In Brazil, the local economic team is going into damage control mode to reassure investors and ensure that the country’s government is complying with fiscal rules, even as President Luiz Inacio Lula da Silva is pushing for a decision to increase social spending.

Singapore Considers Bill to Fight Fraud
Science & Technology

Singapore Considers Bill to Fight Fraud

Singapore is currently considering a bill that provides for the police to be able to order banks to temporarily prevent customers from transferring money to fraudsters.

PDD Holdings Reportedly Accumulates $38 Billion Cash Stockpile
News

PDD Holdings Reportedly Accumulates $38 Billion Cash Stockpile

The media reports that PDD Holdings, which ownership structure includes Temu, a company operating in the e-commerce area, is currently sitting at $38 billion in cash.

China Warns Japan of Consequences for Possible New Chip Restrictions
News

China Warns Japan of Consequences for Possible New Chip Restrictions

China has stated to Japan that it is ready to take restrictive retaliatory measures if Tokyo continues to reduce the scope of sales and service of equipment necessary for the production of chips.

Central Banks Buy Record Gold Reserves
Finance & Economics

Central Banks Buy Record Gold Reserves

Global central banks purchased 483 tonnes of gold in the first half of 2024, outperforming the previous record of 460 tonnes set in H1 2023 by 5%.

Amazon Reportedly Chooses Anthropic to Power Alexa 2.0
Science & Technology

Amazon Reportedly Chooses Anthropic to Power Alexa 2.0

Media reports say Amazon is using Anthropic’s Claude AI model to power a new version of its Alexa voice assistant.

Magic Raises $320 Million
News

Magic Raises $320 Million

Magic has announced that it has raised $320 million in funding to develop an artificial intelligence coworker for AI research and code generation.

Eurostat Reports Inflation Decline
Finance & Economics

Eurostat Reports Inflation Decline

Inflation in the Eurozone fell to 2.2% in August.

Google to Launch Second Data Center in Latin America
News

Google to Launch Second Data Center in Latin America

Last Thursday, August 29, Google announced its intention to open its second data center in Latin America.

Dell Shares Rise Amid Positive Earnings Report
News

Dell Shares Rise Amid Positive Earnings Report

Last Thursday, August 29, Dell published information on the financial results of its operations in the second quarter of fiscal year 2025, which turned out to be more optimistic compared to the content of the preliminary forecasts of Wall Street analysts and became evidence of the company’s upward dynamic business related to servers.