UBS Reports Earnings
The value of UBS shares turned out to be on a downward trajectory after this lender published its results for the fourth quarter of 2024 and disappointing $3 billion share buyback plans.
News - page 32
China Unveils Series of Retaliatory Measures Against US
China on Tuesday, February 4, announced a broad package of economic measures against the United States as part of retaliatory actions, which were decided by Beijing after US President Donald Trump imposed 10% tariffs on goods imported from the Asian country.
Olas Secures $13.8M Funding to Launch AI Agent App Store
Olas has just secured $13.8M to unveil Pearl, the world’s first “agent app store” that lets anyone deploy and manage AI agents as effortlessly as downloading an app.
SoftBank and OpenAI Unveil Japan Joint Venture
SoftBank Group chief executive officer Masayoshi Son on Monday, February 3, announced that he has agreed with OpenAI CEO Sam Altman to set up a joint venture in Japan to offer artificial intelligence services to corporate clients.
Donald Trump Announces Pause on US Tariffs on Canada
President of the United States Donald Trump is pausing the imposition of planned tariffs on goods imported from Canada.
Indian Crypto Holders Face Penalty on Undisclosed Gains
In India, cryptocurrency traders may face significant tax penalties due to previously undisclosed profits under new amendments to the tax legislation of this South Asian country.
Palantir Shares Demonstrate Growth
The value of Palantir shares on Monday, February 3, showed an increase of as much as 23% after this company, based in Palo Alto, California, and specializing in software development activities, published information about its earnings for the fourth quarter of 2024, which exceeded the preliminary expectations of Wall Street analysts.
Crypto Market Liquidations Reportedly Reach $10 Billion
According to Bybit’s chief executive officer, a recent correction in the cryptocurrency market may have caused capital liquidation of up to $10 billion, which is an indicator exceeding previous estimates.
Donald Trump Delays Mexico Tariffs
President of the United States Donald Trump on Monday, February 3, announced his agreement to immediately pause tariffs on goods imported from Mexico, after, according to him, a very friendly conversation with the president of the mentioned country, Claudia Sheinbaum.
Apollo Starts Tokenized Private Credit Fund
Private equity company Apollo Global Management, in partnership with Securitize, has launched a tokenized private credit fund.
Stablecoin Market Cap Reaches All-Time-High of Over $200B
The total market value of stablecoin tokens has been steadily increasing since mid‑2023 and hit a new high, surpassing $200 billion, this January.
Grayscale Launches Dogecoin Trust
Grayscale Investments is launching the Grayscale Dogecoin Trust, boosting institutional adoption among the enhanced interest in memecoins.
Oracle Launches AI Agents to Automate Supply Chain Tasks
Oracle has added role-based artificial intelligence agents to its cloud supply chain and manufacturing suite.
ServiceNow Unveils Agentic AI Orchestration & Customization Tools
As agentic AI gains momentum, ServiceNow introduces innovation to facilitate and harmonize autonomous solutions to the most complex enterprise challenges.
Donald Trump Vows Tariffs to Hit Saturday
President of the United States Donald Trump said on Friday, January 31, that he would impose tariffs on a wide range of imported goods, including oil and metals, in the coming months.
OpenAI Reportedly Aims to Raise $40 Billion in New Funding Round
The media published information according to which OpenAI is currently negotiating a new $40 billion funding round.
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