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HP Forecasts Profit Below Estimates
Science & Technology

HP Forecasts Profit Below Estimates

Last Tuesday, November 26, HP released a forecast for its profit in the first quarter of fiscal year 2025, which turned out to be lower than Wall Street’s preliminary expectations and is evidence of unstable consumer demand in the personal computer market and caused the value of the company’s shares to fall by 8% during […]

Dell Reports Earnings
News

Dell Reports Earnings

Dell Technologies on Tuesday, November 26, released information about its earnings for the third quarter of fiscal year 2025 and a forecast for financial indicators for the next quarter, which turned out to be below Wall Street’s preliminary expectations, despite the optimistic statements of this company regarding the growth of artificial intelligence sales.

Mistral AI Reportedly Eyes US Expansion
News

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.

Citi Invests in Pylon
News

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.

DoorDash Adds New Chains to Grocery Partner List
News

DoorDash Adds New Chains to Grocery Partner List

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

US Finalizes Chips Manufacturing Award for Intel
News

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.

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

Fed Officials See Interest Rate Cuts Ahead
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.

Donald Trump Vows Tariffs on China, Mexico, Canada Over Border
Finance & Economics

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.

US Business Activity Gauge Demonstrates Growth
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.

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

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.

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

Klarna to Be Available on Google Pay in 2025
News

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.

Walmart Reports Earnings
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.

Perplexity AI Launches Shopping Assistant
News

Perplexity AI Launches Shopping Assistant

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

Spirit Airlines Files for Bankruptcy
Finance & Economics

Spirit Airlines Files for Bankruptcy

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