Explained - page 9

News

UK Escapes Recession Threat

At the end of 2024, unexpected growth was recorded in the economic system of the United Kingdom, which is because the increase in public spending provided the Labour government with a kind of reprieve after negative indicators.

News

Hong Kong to Ease IPO Rules for Mainland Chinese Companies

Hong Kong’s financial regulators have pledged to ease the listing requirements for companies based in mainland China, noting that these firms view the city’s stock market as a source of funding to support their ambitions to operate globally.

Fintech & Ecommerce

Stripe Reportedly Plots $85 Billion Employee Share Sale

The media published information according to which Stripe is currently in talks about selling stocks of employees at an $85 billion valuation.

News

DoorDash Says Digital Experiences Drive More Orders of Retail Goods

DoorDash announced an increase in the number of consumers who order from not only its initial offering-restaurants but also in new verticals that include a growing variety of retailers.

Finance & Economics

Donald Trump Readies Reciprocal Tariffs

On Wednesday, February 12, the trade advisors of the President of the United States, Donald Trump, were finalizing plans for the reciprocal tariffs.

News

Donald Trump Calls for Lower Interest Rates

President of the United States Donald Trump switched his position on the Federal Reserve System again, posting a message on social media on Wednesday, February 12, that interest rates need to come down.

News

CVS Health Reports Earnings

On Wednesday, February 12, CVS Health published information about its earnings for the fourth quarter of 2024, which exceeded preliminary expectations, although this company still continues to face problems in its insurance business, seeing higher medical costs.

News

US Consumer Prices Demonstrate Growth

In the United States, inflation showed an increase in January, which exceeded preliminary expectations regarding the dynamic of this indicator.

Finance & Economics

Donald Trump Raises Tariffs on Aluminum and Steel Imports

President of the United States Donald Trump has ordered to impose a 25% tariffs on steel and aluminum imports, which means stepping up his efforts to protect those US industries that are of particular importance in the context of the economic aspect of the country’s existence and at the same time are essential from a […]

News

Elon Musk-Led Group Makes $97.4 Billion Bid for Control of OpenAI

On Monday, February 10, a consortium led by Elon Musk announced that it has offered $97.4 billion for the purchase of a nonprofit, which controls OpenAI.

Blockchain & Crypto

Web3 Exec Says Current Chain Abstraction Methods Fragment Crypto

Industry executives and competing companies continue to try to grapple with abstracting away from the complexities of blockchain for the end user.

Blockchain & Crypto

Tether CEO Says Quantum Сomputing to Bring Lost Bitcoin Back in Circulation

Tether chief executive officer Paolo Ardoino predicts that quantum computing will eventually crack Bitcoin wallets classified as inactive and return digital assets to circulation.

Fintech & Ecommerce

ACI and Banfico Team to Tackle APP Fraud

The payment technology company ACI Worldwide has teamed with the fintech brand Banfico.

News

Oracle Adds New AI Features to Financial Software

Oracle on Thursday, February 6, added another set of artificial intelligence tools to NetSuite, one of its corporate finance software offerings, some of which, among other things, can speed up for consumers to receive a price quote on purchases like custom bicycles.

News

Qualcomm Tops Estimates for Earnings

Qualcomm last Wednesday, February 5, released information about its financial results for the first quarter of fiscal 2025, which exceeded preliminary expectations.

Science & Technology

Alphabet Shares Demonstrate Decline on Revenue Miss

On Wednesday, February 5, the value of shares of one of the world’s largest technology giants, Alphabet, showed a drop of more than 7% after this company, which owns Google, published information about its earnings for the fourth quarter of 2024, which fell short of Wall Street’s preliminary expectations and announced large-scale spending plans for […]