Nvidia, last Wednesday, August 28, released earnings data for the last fiscal quarter, which testified that the financial performance of this company, which has become one of the main beneficiaries of the so-called artificial intelligence boom, once again exceeded the expectations of Wall Street analysts regarding the brand’s commercial results.
In the United States, local technology companies are currently actively using energy assets that are owned by bitcoin miners.
The US Commerce Department on Tuesday, August 27, announced its intention to allocate $50 million to HP technology company to finance efforts related to the expansion and modernization of the production site of this brand in Oregon.
Apple on Monday, August 26, announced that on September 9, a press conference will be held at its headquarters located in Cupertino, California, during which new iPhone and Watch models are expected to be presented.
In the United States, there was an increase in sales of new homes last month.
Federal Reserve Chairman Jerome Powell on Friday, August 23, formulated what can be called a rhetorical and, in a sense, the ideological semantic platform for easing monetary policy in the United States, which means that the moment is approaching when the financial regulator of this country will decide on cutting interest rates.
U.S. Bank is expanding its partnership with broker-dealer and financial advisor Edward Jones.
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The United States Court of Appeals has ruled that the Internet search giant Google must respond to a renewed class action lawsuit by Chrome browser users who claimed that the company was involved in the practice of collecting their data classified as confidential information without first obtaining permission to carry out relevant activities.
It became known that Advanced Micro Devices (AMD) Inc. has reached an agreement on the implementation of the deal for the acquisition of ZT Systems, which specializes in the implementation of server manufacturing activities.
Wall Street is betting that Federal Reserve Chairman Jerome Powell at the central bank’s annual confab in Jackson Hole, Wyoming, will confirm the intention of the United States financial regulator to decide on monetary easing, implying cutting interest rates.
The media reports that the chairman of the Federal Reserve System, Jerome Powell, took part in a closed meeting with bank executives and urged them to cooperate with the financial regulator of the United States to avoid years of litigation over the proposal of the administration of US President Joe Biden on capital.
Texas Instruments, maker of microcircuits, on Friday, August 16, announced that it would receive from the US Commerce Department financing in the amount of up to $1.6 billion for the construction of three new facilities.
EliseAI, an artificial intelligence platform focused on housing and healthcare, raised $75 million in a Series D funding round.
Cisco Systems Inc., the largest manufacturer of computer networking equipment, has released an optimistic revenue forecast amid an increase in the number of orders, but at the same time announced its intention to reduce the number of its workforce as part of making significant changes to its activity strategy.
Federal Reserve Bank of Atlanta President Raphael Bostic said that he needs a little more data to support the decision to ease the monetary policy of the United States financial regulator, which implies cutting interest rates.
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