Amazon to Invest $11 Billion in Indiana
Amazon.com ‘s cloud computing unit has announced plans to invest $11 billion in projects to build data centers in Indiana.
US
Microsoft-Backed Rubrik Shares Increase 25%
Rubrik Inc. securities rose in price by 25% during the trading debut after this startup specializing in the development of solutions for cloud security and data protection, backed by Microsoft, was able to raise $752 million in the initial public offering (IPO) of shares.
Apple Announces Plans for Special Event on May
Apple Inc. announced its intention to hold a special event on May 7.
Rippling Announces New Fundraising
Rippling, the workforce management platform that unifies HR, IT, finance, and more, announced on Monday, April 22, that it has managed to raise new funding for $200 million.
Alphabet’s Cash Boom Stimulates Dividend Hopes on Wall Street
Alphabet Inc. receives so much cash that against this background, hopes are growing that it will be able to take the page out of the playbook of Meta Platforms Inc. and start paying dividends.
Trendy Fashion Retailer Express Files for Bankruptcy
Trendy fashion retailer Express Inc. has filed for bankruptcy.
TikTok Says About Potential Consequences of Banning Platform in US
TikTok stated that the ban on this virtual platform in the United States would be a factor in hurting freedom of speech and harming local businesses.
Gina Raimondo Downplays Huawei’s Latest Microchip Breakthrough
Last weekend, US Commerce Secretary Gina Raimondo, while talking to reporters, downplayed the importance of the latest achievements of the Chinese company Huawei Technologies in the microchip area, stating in an appropriate context that Washington is significantly ahead of Beijing in the mentioned segment of the technology sector.
Economists Boost US GDP Outlook
Economists have raised their outlooks on the growth of the gross domestic product (GDP) of the United States.
Micron Intends to Get $6.1 Billion in Grants From US
The company Micron Technology, which specializes in the implementation of activities for the production of memory chips, will receive $6.1 billion in grants from the Commerce Department of the United States.
JPMorgan CEO Says About Money in AI World
Chief Executive Officer of JPMorgan Chase & Co. Jamie Dimon, during a conversation with media representatives, outlined his vision regarding the question of what configuration of the future will become a reality for money in a world where artificial intelligence is the main technology.
Fed Chair Signals Rate-Cut Delay
The Chairman of the Federal Reserve, Jerome Powell, signaled that policymakers will wait longer to cut interest rates longer than originally expected.
AMD Introduces AI Chips
Advanced Micro Devices (AMD) has presented a series of new semiconductors for business laptops and AI-enabled desktops.
Morgan Stanley Earnings Exceed Expectations
Morgan Stanley on Tuesday, April 16, published data on its earnings for the first quarter of the current year.
Rippling Reportedly Seeks to Raise New Funding
The media, citing insiders, report that currently the startup Rippling, which specializes in business software development, is negotiating to raise new funding at a valuation of between $13 billion and $14 billion.
Bank of America Reports First-Quarter Earnings
Bank of America on Tuesday, April 16, released earnings data for the first quarter of the current year.
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