US

Finance & Economics

BofA Says Cooling Economy to Crack Big Tech Rally Even More

Bank of America Corp.’s strategist Michael Hartnett says that the further cooling of the economic system of the United States may be the reason for the continuation of the downturn in the growth of shares of US technology companies.

News

Digital Marketing Startup Plaiced Acquires Precursor Ventures-Backed Clutch

The Plaiced online social network has acquired the Clutch marketplace, which provides digital marketing services to consumers.

Science & Technology

OpenAI Tests New Search Features

OpenAI has provided a limited number of users with the opportunity to test a new set of search functions.

Science & Technology

IBM Reports Q2 Earnings

IBM last Wednesday, July 23, published information on its financial results for the second quarter of the current year, which exceeded analysts’ preliminary expectations.

News

Vanta Raises $150 Million

Online security and compliance management platform Vanta on Wednesday, July 24, announced that it has managed to raise $150 million in investment funds as part of a new round of financing led by venture capital company Sequoia Capital.

Science & Technology

Meta Launches Biggest Llama 3 AI Model

Meta Platforms on Tuesday, July 23, presented its biggest artificial intelligence model called Llama 3.

Science & Technology

Amazon Reportedly Plans to Launch Paid Tier of Alexa

The media reports that Amazon plans to launch a paid tier of Alexa this month.

Science & Technology

Amazon Calls for Global Rules for Responsible AI

Amazon has stated that there is a need for global alignment of responsible measures in the artificial intelligence industry.

Fintech & Ecommerce

Mobile Banking to Reach 79% Adoption in US by 2029

Florida is the US state already using mobile banking the most, while many Oklahomans may still prefer traditional banking methods over mobile banking solutions.

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

OpenAI Launches GPT-4o Mini

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

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.

News

Bank of America Reports Second-Quarter Profit

Bank of America on Tuesday, July 16, released information on its financial results of the activity for the second quarter of the current year.

Finance & Economics

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.

News

Jerome Powell Says About Confidence in Dynamic of US Inflation

Federal Reserve Chairman Jerome Powell said last Monday, July 15, that three inflation readings in the United States for the second quarter of the current year to a certain extent contribute to strengthening confidence that the growth rate of the cost of goods and services is on a trajectory of a gradual return to the […]

News

Goldman Sachs Profit Tops Expectations

Goldman Sachs on Monday, July 15, published information on its losses and profits for the second quarter of the current year.