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Science & Technology

Dell Shares Rise Amid Positive Earnings Report

Last Thursday, August 29, Dell published information on the financial results of its operations in the second quarter of fiscal year 2025, which turned out to be more optimistic compared to the content of the preliminary forecasts of Wall Street analysts and became evidence of the company’s upward dynamic business related to servers.

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Intel Rises Due to Investor Enthusiasm

Intel shares are currently on a growth trajectory.

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Nvidia Exceeds Earnings Expectations

Nvidia, last Wednesday, August 28, released earnings data for the last fiscal quarter, which testified that the financial performance of this company, which has become one of the main beneficiaries of the so-called artificial intelligence boom, once again exceeded the expectations of Wall Street analysts regarding the brand’s commercial results.

Science & Technology

AI’s Race for US Energy Intensifies

In the United States, local technology companies are currently actively using energy assets that are owned by bitcoin miners.

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HP to Get $50 Million for Semiconductor Tech Project

The US Commerce Department on Tuesday, August 27, announced its intention to allocate $50 million to HP technology company to finance efforts related to the expansion and modernization of the production site of this brand in Oregon.

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Apple Announces iPhone Event

Apple on Monday, August 26, announced that on September 9, a press conference will be held at its headquarters located in Cupertino, California, during which new iPhone and Watch models are expected to be presented.

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US New Home Sales Demonstrate Growth

In the United States, there was an increase in sales of new homes last month.

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Jerome Powell Indicates Interest Rate Cuts Ahead

Federal Reserve Chairman Jerome Powell on Friday, August 23, formulated what can be called a rhetorical and, in a sense, the ideological semantic platform for easing monetary policy in the United States, which means that the moment is approaching when the financial regulator of this country will decide on cutting interest rates.

Finance & Economics

U.S. Bank Expands Its Partnership With Edward Jones

U.S. Bank is expanding its partnership with broker-dealer and financial advisor Edward Jones.

Finance & Economics

World’s Largest Business Show Returns to LA in 2024

The world’s largest business show returns to LA in 2024. It is taking place on the 9th & 10th of October 2024 at The LA Convention Center and running alongside The B2B Marketing Expo. This edition of The Business Show will host an audience of 8,000 SMEs and startups, providing all the help and guidance […]

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US Appeals Court Revives Privacy Action by Google Chrome Users

The United States Court of Appeals has ruled that the Internet search giant Google must respond to a renewed class action lawsuit by Chrome browser users who claimed that the company was involved in the practice of collecting their data classified as confidential information without first obtaining permission to carry out relevant activities.

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AMD to Acquire Server Maker ZT Systems

It became known that Advanced Micro Devices (AMD) Inc. has reached an agreement on the implementation of the deal for the acquisition of ZT Systems, which specializes in the implementation of server manufacturing activities.

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Traders Need Fed’s Signal to Keep Stocks Rallying

Wall Street is betting that Federal Reserve Chairman Jerome Powell at the central bank’s annual confab in Jackson Hole, Wyoming, will confirm the intention of the United States financial regulator to decide on monetary easing, implying cutting interest rates.

Finance & Economics

Goldman Sachs Cuts US Recession Risk

Goldman Sachs Group Inc. experts have revised their forecast regarding the risk of recession in the United States economic system, reducing the probability of the realization of the corresponding scenario next year from 25% to 20%.

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Jerome Powell Reportedly Huddles With Bank CEOs to Avoid Legal Fight Over Capital Plan

The media reports that the chairman of the Federal Reserve System, Jerome Powell, took part in a closed meeting with bank executives and urged them to cooperate with the financial regulator of the United States to avoid years of litigation over the proposal of the administration of US President Joe Biden on capital.

Science & Technology

Texas Instruments to Receive Up to $1.6 Billion From US Commerce Department

Texas Instruments, maker of microcircuits, on Friday, August 16, announced that it would receive from the US Commerce Department financing in the amount of up to $1.6 billion for the construction of three new facilities.