Explained - page 25

Science & Technology

Broadcom’s Shares Demonstrate Decline Amid Weak Earnings Forecast

On Friday, September 6, the value of Broadcom shares fell by more than 7% because this company specializing in the production of chips and based in San Jose, California, released a revenue forecast that disappointed investors who have high expectations about the commercial aspect of artificial intelligence microcircuits making activities.

News

Roblox to Roll Out Paid Video Games on Its Virtual Platform

Roblox announced its intention to launch paid video games on its virtual platform and also stated a plan to provide developers with the opportunity to sell physical merchandise through video games they have created.

News

US Unemployment Rate Demonstrates Decline

In the United States, in August, the local labor market demonstrated what can be described as the dynamic of recovery.

Science & Technology

OpenAI Achieves More Than 1 Million Paid Business Users

OpenAI on Thursday, September 5, announced that the number of its paying users exceeded 1 million within the framework of business products, including ChatGPT Enterprise, Team, and Edu.

News

Salesforce to Acquire Startup Own

Salesforce, an enterprise cloud company, announced on Thursday, September 5, that it will acquire startup Own Co., which specializes in developing tools for data backup in cloud-based apps.

News

US Weekly Jobless Claims Reduce Fears of Labor Market Deterioration

Last week, the number of citizens who filled out new applications for unemployment benefits in the United States decreased.

Science & Technology

Salesforce to Acquire Tenyx

Salesforce, an enterprise cloud company, announced on Tuesday, September 3, that it has agreed to acquire Tenyx, a developer of voice agents based on artificial intelligence technologies.

News

Thailand Adds Cash Payments to Digital Wallet Plan

In Thailand, the local digital wallet plan suddenly faced a transformation that reduced what could be called the virtual component of the content of the relevant strategy.

News

Brazil Tries to Calm Investors

In Brazil, the local economic team is going into damage control mode to reassure investors and ensure that the country’s government is complying with fiscal rules, even as President Luiz Inacio Lula da Silva is pushing for a decision to increase social spending.

News

PDD Holdings Reportedly Accumulates $38 Billion Cash Stockpile

The media reports that PDD Holdings, which ownership structure includes Temu, a company operating in the e-commerce area, is currently sitting at $38 billion in cash.

News

ChatGPT Weekly Users Reach 200 Million

OpenAI reported that the number of weekly active users of its AI-powered chatbot called ChatGPT is more than 200 million.

Finance & Economics

Eurostat Reports Inflation Decline

Inflation in the Eurozone fell to 2.2% in August.

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.

Science & Technology

Intel Rises Due to Investor Enthusiasm

Intel shares are currently on a growth trajectory.

Finance & Economics

German Inflation Slows

In August, Germany recorded a slowdown in the inflation process to the target level of the European Central Bank (ECB).

Science & Technology

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.