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News

Apple Plans $110 Billion Share Buyback

Last Thursday, May 2, Apple released information about its financial results for the first quarter of 2024 and announced a record share buyback.

Fintech & Ecommerce

Wealth Management Startup Altruist Raises $169 Million

Wealth management startup Altruist has announced that it has managed to raise $169 million in investment funds.

News

Jerome Powell Keeps Hopes Alive for Interest-Rate Cut

Federal Reserve Chairman Jerome Powell, still at the level of hypothetical assumptions, does not deny the likelihood that at some point during the current year, a decision will be made on cutting interest rates, but at the same time recognizes the fact that the circumstances of the external environment are not absolutely favorable for lowering […]

News

Walmart Launches New Grocery Brand

Walmart has unveiled a new grocery brand as part of its drive to retain the customers the company gained during a period of high inflation.

News

AMD Reports First-Quarter Earnings

Advanced Micro Devices (AMD) on Tuesday, April 30, released information about the financial results of its operations in the first quarter of the current year.

Science & Technology

Pinterest Shares Increase on Earnings Beat

The share price of Pinterest on Tuesday, April 30, increased by 18% during extended trading.

Finance & Economics

Amazon Profit Beats Estimates

Amazon has released its earnings data for the first quarter of 2024, which exceeded preliminary expectations.

Fintech & Ecommerce

Amazon Says Prime Delivery Speed Increases

Amazon has reported that its Prime deliveries are showing record-high speeds.

Science & Technology

Meta to Launch Bonus Program for Creators on Threads

A time-limited bonus program will be launched on the Threads social network, which is part of the ownership structure of the Meta technology giant.

Science & Technology

Snap Says Augmented Reality Drives User Engagement

Snap, which owns the popular Snapchat virtual platform, believes that augmented reality will be one of the most significant advances in the area of computing ever seen in the world.

Science & Technology

CEOs of OpenAI, Google and Microsoft to Join Federal AI Safety Panel

The United States government has asked companies operating in the artificial intelligence industry for advice on how to use advanced technology to protect utilities, airlines, and other critical infrastructure from hacker attacks applying AI.

News

Alphabet’s Value Exceeds $2 Trillion Mark

The market capitalization indicator of Alphabet Inc. on Friday, April 26, significantly exceeded the historical mark of $2 trillion.

Science & Technology

Intel Shares Fall Due to Weak PC Chip Demand

Intel’s share price on Friday, April 26, at the premarket showed a significant decline of more than 7% after the company’s pessimistic sales forecast for the second quarter of 2024 testified that the so-called artificial intelligence boom reduces consumer spending on microcircuit for traditional data centers and computer chips.

News

Airwallex Expands to U.S.

U.S. businesses can now use Airwallex to accept cards, mobile wallets, and local payment methods for cross-border transactions.

Science & Technology

Amazon to Invest $11 Billion in Indiana

Amazon.com ‘s cloud computing unit has announced plans to invest $11 billion in projects to build data centers in Indiana.

Science & Technology

Microsoft-Backed Rubrik Shares Increase 25%

Rubrik Inc. securities rose in price by 25% during the trading debut after this startup specializing in the development of solutions for cloud security and data protection, backed by Microsoft, was able to raise $752 million in the initial public offering (IPO) of shares.