Report - page 72

Intel Shares Fall Amid Disappointing Earnings
Science & Technology

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
Fintech & Ecommerce

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
Finance & Economics

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
News

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
News

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.

UBS Sues Bank of America
Finance & Economics

UBS Sues Bank of America

UBS sued Bank of America for $200 million.

Crypto Segment Reverses Gender Pay Gap Trend: Pantera Capital Report
Blockchain & Crypto

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
Finance & Economics

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.

Stripe Buys Lemon Squeezy
Fintech & Ecommerce

Stripe Buys Lemon Squeezy

Stripe has acquired Lemon Squeezy, a payment processing startup.

OpenAI Launches Voice Assistant
Science & Technology

OpenAI Launches Voice Assistant

OpenAI launches the long-awaited voice assistant for ChatGPT for a limited number of users.

Aveni Raises $14 Million
Fintech & Ecommerce

Aveni Raises $14 Million

The fintech company Aveni, which is based in the United Kingdom, announced that it managed to raise investment funds for $14 million.

China to Focus on Consumption
Finance & Economics

China to Focus on Consumption

In China, the local leadership has promised to pay high-level attention to stimulating consumer spending.

Euro-Area Economy Demonstrates Growth
News

Euro-Area Economy Demonstrates Growth

In the second quarter of the current year, the eurozone economic system was on a growth trajectory and demonstrated such positive dynamic rates that exceeded the initial expectations of experts regarding the intensity of the rising of the corresponding indicator.

Booming GenAI Demand to Double Asia-Pacific Data Centre Capacity by 2028
Science & Technology

Booming GenAI Demand to Double Asia-Pacific Data Centre Capacity by 2028

Analysts predict that against the background of scaling up the implementation of generative artificial intelligence and cloud computing, the capacity of data centers located in the Asia-Pacific region will double over the next five years.

SK Hynix to Build Chip Plant in South Korea
News

SK Hynix to Build Chip Plant in South Korea

SK Hynix, a South Korean-based memory chip giant, has announced its intention to invest 9.4 trillion Korean won ($6.8 billion) in the construction of a new semiconductor manufacturing plant.

ECB Rate Setters Want More Data Before Lowering Cost of Borrowing
News

ECB Rate Setters Want More Data Before Lowering Cost of Borrowing

This week, the flow of statistical information on the current state of affairs in the eurozone economic system space will provide the European Central Bank with more signals and form by this institution a more accurate understanding of how appropriate it is to decide to continue taking actions within the framework of the monetary policy […]