Japanese Stocks Rebound From Crash
On Tuesday, August 6, in Japan, local stock indexes showed significant growth, partially offsetting the drop a day earlier that became a historical negative record.
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AI Chip Startup Groq Reaches $2.8 Billion Valuation
Startup Groq Inc., which operates in the artificial intelligence industry, raised investment funds for $640 million.
UBS Says About Current Condition of Japanese Market
Kelvin Tay, regional chief investment officer at UBS Global Wealth Management, said during a conversation with media representatives that currently going into the Japanese market in terms of symbolic comparison with other actions is similar to catching a falling knife.
Japanese Stocks Demonstrate Rapid Fall
On Monday, August 5, Japanese stock indexes showed a drop in price of such a scale that corresponds to the concept of historical losses and does not belong to the category of moderate decline, which is not critical.
UK Cancels $1.7 Billion of Computing Projects
In the United Kingdom, the local government has canceled computer infrastructure projects worth 1.3 billion pounds ($1.7 billion).
UK Banks Cut Costs
The largest local financial institutions in the United Kingdom have started to cut costs.
Apple Revenue Tops Forecasts
Apple has released information about the results of its operations in the third fiscal quarter.
Intel Shares Fall Amid Disappointing Earnings
Intel shares fell by 20% on Thursday, August 1, as a result of information about the financial performance of the company in the second quarter of 2024, which turned out to be worse than preliminary expectations, and the consequence of the statement by the management of the firm about its intention to lay off more […]
Amazon Reports Q2 Earnings
Amazon last Thursday, August 1, released information about the financial results of its operations in the second quarter of the current year.
US Unemployment Rate Demonstrates Growth
In July, a cooling was recorded in the United States labor market, which turned out to be more widespread than preliminary forecasts regarding the most likely dynamic of the state of affairs in the relevant space.
AMD Posts Revenue Rise
Advanced Micro Devices (AMD) has released information on its financial results for the second quarter of the current year.
Fed Holds Rates Unchanged
The Federal Reserve decided to keep interest rates at the same level on Wednesday, July 31, but at the same time opened the way for lowering the cost of borrowing at a meeting to be held in September.
Crypto Segment Reverses Gender Pay Gap Trend: Pantera Capital Report
Women working in the crypto segment earn, on average, 15% more than men, comprising a larger proportion of mid-level and senior positions, representing what is called a reversed gender pay gap.
Fed Reportedly to Hold Rates
Federal Reserve officials are expected to move closer this week to cutting interest rates from the current levels, which are the highest in about 20 years, but at the same time will not make any specific decisions about lowering the cost of borrowing and will only signal a possible easing of monetary policy in September.
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