US - page 15

Science & Technology

Mistral AI Reportedly Eyes US Expansion

The media reports that currently the French startup Mistral AI, which operates in the artificial intelligence industry, is stepping up its expansion efforts in the United States to compete with technology giants based in Silicon Valley.

Fintech & Ecommerce

Citi Invests in Pylon

One of the largest financial institutions in the United States, Citi, has made a minority investment in the mortgage infrastructure provider Pylon.

Fintech & Ecommerce

DoorDash Adds New Chains to Grocery Partner List

DoorDash adds new grocers to the list of supermarket delivery partners.

Science & Technology

US Finalizes Chips Manufacturing Award for Intel

On Tuesday, November 26, the US Commerce Department said it was finalizing a $7.86 billion government subsidy for Intel.

Science & Technology

Databricks Reportedly Closes in on Multibillion Funding Round at $55 Billion Valuation

The media reported that Databricks, a San Francisco-based technology company that is one of the most valuable private firms of the corresponding category in the world, raises billions of dollars in cash and so far has not demonstrated any significant desire to go public as quickly as possible.

Finance & Economics

Fed Officials See Interest Rate Cuts Ahead

Federal Reserve officials are currently expressing confidence in a steady downward trajectory of inflation in the United States and that the US labor market remains strong.

News

Donald Trump Vows Tariffs on China, Mexico, Canada Over Border

Donald Trump, who won the United States presidential election this month, said he would impose additional tariffs of 10% on goods imported from China and 25% tariffs on products shipped from Mexico and Canada.

News

US Business Activity Gauge Demonstrates Growth

In the United States, in November, the measure of business activity reached a mark corresponding to a 31-month high.

News

Over Half of U.S. Consumers to Tap Credit for Holiday Shopping

The impact of rising costs and limited budgets is evident in consumer sentiment in the U.S. this holiday season, as about 68% are worried about affording gifts and more than half will be forced to use credit solutions for holiday shopping.

Finance & Economics

Fed’s Michelle Bowman Calls for Cautious Approach on Interest Rates

Federal Reserve Governor Michelle Bowman, one of the most hawkish policymakers of the central bank of the United States, on Wednesday, November 20, called for a more cautious approach in the context of actions on cutting interest rates, noting that the dynamic of inflation still contains reasons for concern, and the labor market is strong.

Fintech & Ecommerce

Klarna to Be Available on Google Pay in 2025

Klarna, a popular “buy now, pay later” service, is to be available on Google Pay starting next year.

News

Walmart Reports Earnings

US retail giant Walmart, headquartered in Arkansas, on Tuesday, November 19, raised its annual sales and profit forecast for the third time in a row.

Fintech & Ecommerce

Perplexity AI Launches Shopping Assistant

Perplexity AI has launched a virtual shopping assistant based on artificial intelligence in the United States.

News

Spirit Airlines Files for Bankruptcy

On Monday, November 18, Spirit Airlines filed for bankruptcy protection.

Science & Technology

ByteDance Reaches $300B Valuation

TikTok’s parent company, ByteDance, recovered from a prior valuation of $223 billion, although it’s still below the $400 billion peak of 2021.

Blockchain & Crypto

Hedge Funds Millennium, Capula, Tudor Expand Bitcoin ETF Exposure

Amid the election-driven price volatility, certain hedge funds have leveraged the price gap between spot Bitcoin and its futures contracts to execute profitable trades.