JPMorgan Chase Rolls Out AI Assistant to Its Employees
In recent weeks, JPMorgan Chase has implemented a digital assistant based on generative artificial intelligence for its employees.
US - page 25
Experts Say About Low Likelihood of Emergency Interest Rate Cut by Fed
A sharp slowdown in the pace of the dynamic of the growth in the labor market in the United States has provoked rumors that the Federal Reserve may begin to soften its monetary policy strategy, providing for cutting interest rates, even before its September policy meeting.
Maersk CEO Says About Lack of Sign of US Recession in Freight Demand
Shipping giant Maersk, which has the status of a kind of barometer of the state of affairs in the world trade system, is convinced that currently there are no signs of a recession scenario in the global economy since the level of demand for services related to freight transportation continues to remain at high levels.
JPMorgan CEO Doubts About Return of Inflation to Fed’s 2% Target
JPMorgan Chase & Co. chief executive officer Jamie Dimon said he was skeptical about the prospects that the inflation rate in the United States would return to the Federal Reserve’s 2% target.
SK Hynix Wins US Grants
South Korean SK Hynix Inc. is set to receive initial grants for $ 450 million and loans for $500 million for the implementation of a project to build an advanced chip packaging plant and a research facility in the US state of Indiana.
Morningstar DBRS Says About Self-Fulfilling Prophecy on Market
Morningstar DBRS analysts warn that a prolonged downturn in the market after a global sell-off could become what they called a self-fulfilling prophecy.
Bitcoin Market Cap Dips Below 1T in Monday Market Crash
Bitcoin price slips below $50K for the first time since February this year amid the crash in both the crypto and stock markets, losing $200 million of its market cap.
Threads Crosses 200 Million Active Users
The number of active users of the Threads social media platform has crossed a kind of historical mark of 200 million people.
Apple Revenue Tops Forecasts
Apple has released information about the results of its operations in the third fiscal quarter.
Intel Shares Fall Amid Disappointing Earnings
Intel shares fell by 20% on Thursday, August 1, as a result of information about the financial performance of the company in the second quarter of 2024, which turned out to be worse than preliminary expectations, and the consequence of the statement by the management of the firm about its intention to lay off more […]
Amazon Reports Q2 Earnings
Amazon last Thursday, August 1, released information about the financial results of its operations in the second quarter of the current year.
US Unemployment Rate Demonstrates Growth
In July, a cooling was recorded in the United States labor market, which turned out to be more widespread than preliminary forecasts regarding the most likely dynamic of the state of affairs in the relevant space.
Contextual AI Raises $80 Million
Contextual AI, a startup selling a tool to improve the performance of artificial intelligence models, raised an investment of $80 million as part of a Series A funding round.
AMD Posts Revenue Rise
Advanced Micro Devices (AMD) has released information on its financial results for the second quarter of the current year.
Fed Holds Rates Unchanged
The Federal Reserve decided to keep interest rates at the same level on Wednesday, July 31, but at the same time opened the way for lowering the cost of borrowing at a meeting to be held in September.
Fed Reportedly to Hold Rates
Federal Reserve officials are expected to move closer this week to cutting interest rates from the current levels, which are the highest in about 20 years, but at the same time will not make any specific decisions about lowering the cost of borrowing and will only signal a possible easing of monetary policy in September.
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