Wells Fargo Profit Shrinks
Wells Fargo’s net income for the first quarter of 2024 demonstrated the negative dynamic of decline.
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JPMorgan Profit Exceeds Estimates
JPMorgan Chase on Friday, April 12, released information on profit and revenue in the first quarter of the current year.
Apple Reportedly Plans to Overhaul Entire Mac Line With M4 Chips
The media reports that Apple Inc., which is making efforts to recover sales of its computers, is currently preparing to overhaul the entire Mac line.
OpenAI CEO Reportedly Seeks Global Support for AI Infrastructure
The media, citing insiders, report that OpenAI CEO Sam Altman is currently holding meetings with government and industry officials in several countries to provide the support necessary for the full implementation of the process of building an infrastructure for artificial intelligence.
Key US Price Gauge Exceeds Forecasts
A key US price gauge has exceeded forecasts for rent and transportation costs growth.
Amazon Decides to Stop Paying Developers to Create Apps for Alexa
Amazon.com Inc. has decided to no longer pay developers to create apps for Alexa.
March Inflation Data to Prolong Expectations Fed Rate-Cut
On Wednesday, April 10, official data on consumer prices in the country in March will be released in the United States, which most likely will not become a source of a more unambiguous and reliable preliminary understanding of when the Federal Reserve System will begin implementing the policy of cutting interest rates.
Intel Unveils Latest AI Chip
Intel on Tuesday, April 9, presented its newest artificial intelligence chip called Gaudi 3.
Moody’s Expert Warns About Threat to US Economy
Currently, the United States economic system is on a growth trajectory, being backed by favorable circumstances such as high consumer spending and a positive labor market situation, but this does not mean that there are no risks to the positive dynamic nowadays.
JPMorgan CEO Hails US Power in Letter to Investors
JPMorgan Chase CEO Jamie Dimon hailed the leadership and economic strength of the United States in an annual letter to shareholders.
Janet Yellen Says About Chinese Imports in New Industries
US Treasury Secretary Janet Yellen said on Monday, April 8, that Washington takes a position of protest and rejection of the formation of a situation in which Chinese imports are transformed into a factor of negative impact on the situation in new segments of the industrial system.
Samsung Reportedly to Hike Texas Chip Spending
The media reports that Samsung Electronics Co. plans to increase investment in Texas by $44 billion.
US Job Growth Blows Past Expectations
In the United States, employers hired many more workers last month than initially expected and continued to steadily raise salaries.
OpenAI Sees Growth in Corporate Version of ChatGPT
OpenAI reports an increase in consumer demand for the corporate version of its chatbot based on artificial intelligence ChatGPT.
Federal Reserve Bank of Atlanta President Expects One Rate Cut in 2024
The President of the Federal Reserve Bank of Atlanta, Raphael Bostic, said that it would probably be advisable for the United States financial regulator to lower interest rates in the fourth quarter of the current year.
US Reportedly Urges South Korea to Tough Export Controls on Chinese Chips
The media reported that the United States appealed to South Korea to decide on restrictions on the export of semiconductor technologies to China.
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