US - page 31

Science & Technology

Apple Announces Plans for Special Event on May

Apple Inc. announced its intention to hold a special event on May 7.

News

Rippling Announces New Fundraising

Rippling, the workforce management platform that unifies HR, IT, finance, and more, announced on Monday, April 22, that it has managed to raise new funding for $200 million.

Finance & Economics

Alphabet’s Cash Boom Stimulates Dividend Hopes on Wall Street

Alphabet Inc. receives so much cash that against this background, hopes are growing that it will be able to take the page out of the playbook of Meta Platforms Inc. and start paying dividends.

Science & Technology

TikTok Says About Potential Consequences of Banning Platform in US

TikTok stated that the ban on this virtual platform in the United States would be a factor in hurting freedom of speech and harming local businesses.

News

Gina Raimondo Downplays Huawei’s Latest Microchip Breakthrough

Last weekend, US Commerce Secretary Gina Raimondo, while talking to reporters, downplayed the importance of the latest achievements of the Chinese company Huawei Technologies in the microchip area, stating in an appropriate context that Washington is significantly ahead of Beijing in the mentioned segment of the technology sector.

News

Economists Boost US GDP Outlook

Economists have raised their outlooks on the growth of the gross domestic product (GDP) of the United States.

Science & Technology

Micron Intends to Get $6.1 Billion in Grants From US

The company Micron Technology, which specializes in the implementation of activities for the production of memory chips, will receive $6.1 billion in grants from the Commerce Department of the United States.

Fintech & Ecommerce

JPMorgan CEO Says About Money in AI World

Chief Executive Officer of JPMorgan Chase & Co. Jamie Dimon, during a conversation with media representatives, outlined his vision regarding the question of what configuration of the future will become a reality for money in a world where artificial intelligence is the main technology.

News

Fed Chair Signals Rate-Cut Delay

The Chairman of the Federal Reserve, Jerome Powell, signaled that policymakers will wait longer to cut interest rates longer than originally expected.

News

AMD Introduces AI Chips

Advanced Micro Devices (AMD) has presented a series of new semiconductors for business laptops and AI-enabled desktops.

News

Morgan Stanley Earnings Exceed Expectations

Morgan Stanley on Tuesday, April 16, published data on its earnings for the first quarter of the current year.

Science & Technology

Rippling Reportedly Seeks to Raise New Funding

The media, citing insiders, report that currently the startup Rippling, which specializes in business software development, is negotiating to raise new funding at a valuation of between $13 billion and $14 billion.

News

IMF Raises Growth Forecast for US Economy

The International Monetary Fund (IMF) suggests that the impressive performance of the United States’ economic system will be a major factor in global growth in 2024, but may complicate solving the problem of inflation in the US.

News

US to Award Samsung up to $6.4 Billion in Grants for Chip Plants

The administration of the President of the United States Joe Biden will provide Samsung Electronics Co. with grants worth up to $6.4 billion to increase chip production in Texas.

Blockchain & Crypto

Young Americans Prefer Crypto to Stocks: Report

A new survey suggests that Generation Z and millennials in the U.S. are more likely to invest in alternative assets like crypto and NFTs than traditional stocks.

Finance & Economics

Wells Fargo Profit Shrinks

Wells Fargo’s net income for the first quarter of 2024 demonstrated the negative dynamic of decline.