Bank of America Allows Companies to Lock in FX Rates
Bank of America began to allow companies to lock in foreign exchange (FX) rates for up to one year.
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IBM Releases New AI Models for Businesses
IBM on Monday, October 21, presented the latest version of its artificial intelligence models aimed at businesses.
Klarna Now Available at Checkout on Apple Pay
Users checking out on Apple Pay online and in apps with iPhone and iPad on iOS 18 and iPadOS 18 or later can now leverage all the benefits of Klarna flexible payment options.
Why Is Cash Still King in Most Parts of the World?
While some countries are consistently moving towards cashless economies, cash remains prevalent over other payment methods in several regions globally. What are the reasons for such persistence and what can be done to finally move cash from its pedestal?
Meta Releases Self-Taught Evaluator
Meta on Friday, October 18, announced that it has released a batch of new artificial intelligence models from its research unit.
Netflix Earnings Exceed Expectations
On Friday, October 18, the value of Netflix shares rose by 11% after the streaming giant on Thursday, October 17, released information about its earnings for the third quarter of the current year, which exceeded the preliminary expectations of experts regarding the dynamic of the corresponding indicator.
US Retail Sales Demonstrate Growth
In September, the United States recorded an increase in consumer spending, which is evidence of the sustainability of the country’s economic system, which is currently getting a boost from the Federal Reserve System.
US Weekly Jobless Claims Demonstrate Decrease
In the United States, the number of residents who filed new applications for unemployment benefits unexpectedly decreased last week, but at the same time, this indicator may remain elevated in the short term due to the effects of hurricanes Helen and Milton, which had a negative impact on the US labor market picture.
Robinhood Launches Desktop Platform
Robinhood launched the long-awaited desktop platform on Wednesday, October 16.
Amazon Announces Its First Color Kindle E-Reader
Amazon on Wednesday, October 16, announced a new version of the Kindle e-book reader.
Morgan Stanley Earnings Exceed Estimates
Morgan Stanley on Wednesday, October 16, published information about its earnings for the third quarter of the current year.
Citigroup Reports Earnings
Citigroup on Tuesday, October 15, released information about its earnings for the third quarter of the current year, which exceeded the preliminary expectations of Wall Street analysts.
Walgreens Closes 1,200 stores
Walgreens is closing about 1,200 locations, which is a decision made against the background of circumstances such as the competition of this pharmacy chain with similar virtual platforms and a decrease in payment for prescription drugs.
Goldman Sachs Earnings Exceed Forecasts
Goldman Sachs has published data on the financial results of its activity in the third quarter of the current year, according to which the revenue and profit of this bank with headquarters in New York City for the mentioned period exceeded preliminary expectations for the corresponding dynamic.
US Consumer Sentiment Declines
In the United States, consumer sentiment has been deteriorating in the current month, as residents of the country continue to be frustrated with the high level of prices for goods and services.
AMD Launches New AI Chip
AMD last Thursday, October 10, launched a new artificial intelligence chip that is aimed directly at competing with Nvidia’s graphics processing units for data centers.
