Alphabet’s Value Exceeds $2 Trillion Mark
The market capitalization indicator of Alphabet Inc. on Friday, April 26, significantly exceeded the historical mark of $2 trillion.
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South Korea Q1 GDP Growth Exceeds Estimates
South Korea’s economy showed growth in the first quarter of 2024, which turned out to be the fastest in more than two years.
Square Expands Offline Payments
Square has announced the expansion of offline payments for all hardware devices in each country.
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.
China’s Q1 Fiscal Revenue Demonstrates Decline
In the first quarter of the current year, China’s fiscal revenue showed a decrease of 2.3% compared to the result for the same period in 2023.
S&P Says About Loosening of China’s Fiscal Stimulus
Yunbang Xu, senior analyst at S&P Global Ratings, said that China’s fiscal stimulus program is gradually weakening.
TSMC Reports First-Quarter Revenue and Profit
Taiwan Semiconductor Manufacturing Company (TSMC) on Thursday, April 18, released earnings data for the first quarter of 2024.
China’s Economy Demonstrates Growth
In the first quarter of the current year, China’s economy showed growth that exceeded preliminary expectations, turning out to be a steady process, mainly as a result of the positive state of affairs in the high-tech segment of the manufacturing sector.
Adobe Releases Acrobat AI Assistant
Adobe released its artificial intelligence-based digital assistant on Monday, April 15.
Salesforce Reportedly Considers Acquiring Informatica
The media reports that Salesforce is currently in active negotiations to acquire data management software provider Informatica.
Cisco’s AI Chief Says Technologies to Enhance Workplace Productivity
Artificial intelligence, which has already been called by many experts as the main driving force of progress and global development at the current historical stage of human civilization existence, can change the state of affairs in the labor sector and significantly transform the commercial environment in terms of aspects such as productivity, efficiency and quality […]
Elon Musk Predicts AI to Surpass Human Intelligence
Elon Musk, in an interview on X with Norges Bank CEO Nicolai Tangen, stated that artificial intelligence is already on the verge of surpassing the capabilities of the human mind.
Official Says About Impact of China’s Policy to Boost Demand
China’s new political strategy, which is aimed at stimulating domestic demand in this Asian country, will become a significant factor in impacting the growth of the local economy in the foreseeable future.
UK Economy Demonstrates Growth
In the United Kingdom, gross domestic product (GDP) showed an increase of 0.1% in February compared with the result for January.
Key US Price Gauge Exceeds Forecasts
A key US price gauge has exceeded forecasts for rent and transportation costs growth.
Fitch Downgrades China’s Outlook
Last Tuesday, April 9, Fitch downgraded the outlook on China’s credit rating, explaining the corresponding decision by the fact that currently, this Asian country is facing such negative circumstances as growing financial risks that have arisen against the background of significant problems in the local economic system.
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