Report - page 122

Blockchain & Crypto

Robinhood Plans to Expand Crypto Trading in Europe

Cryptocurrency investment platform Robinhood in its earnings report for the third quarter of this year, which was published last Tuesday, November 7, announced intention to expand its offers for trading virtual assets in Europe.

News

BMO Financial Group Rolls Out Digital Real Financial Progress Hub

BMO Financial Group announced the launch of the Real Financial Progress Hub.

News

Microsoft CEO Lures Developers to Azure Cloud

Microsoft CEO Satya Nadella was unexpectedly among those present at the OpenAI developer conference last Monday, November 6.

Finance & Economics

Uber’s Third-Quarter Results Miss Analysts’ Expectations

Uber has released the results of its activities for the third quarter of this year.

Fintech & Ecommerce

Klarna Reports Third-Quarter Earnings

The growth in the use of the financial service Buy Now, Pay Later by American consumers helped the Swedish company Klarna to record a profit in the third quarter of this year.

News

Chinese Leaders Positively Evaluate State of This Country’s Economy

Senior Chinese officials at the investment summit in Hong Kong said that the state of affairs in the economic system of this Asian country is not catastrophic or totally negative, appealing to world financiers not to worry about Beijing’s prospects in the relevant sphere.

News

UBS Reports Loss on Costs of Credit Suisse Takeover

UBS has faced significant losses in the first full quarter since the acquisition of Credit Suisse, a lender that competed with this bank and was on the verge of collapse, was completed.

Science & Technology

Chinese AI Unicorn 01.AI Plans to Rival Meta’s Llama 2

Media reports that a Chinese startup 01.AI achieved unicorn status less than eight months after launch.

News

Elon Musk Unveils AI Chatbot Grok

Elon Musk’s company xAI presented a chatbot based on artificial intelligence called Grok.

News

Volume of Foreign Investments in Chinese Economy Shows Decline

Currently, China, which is the second economy in the world, is making active efforts to attract foreign investment and is striving to ensure that companies from other countries do business in this Asian state.

Finance & Economics

Bank of England Official Says Technology Increases Risk of Bankruptcy

The use of technology in the banking sector increases the risk of bankruptcy of financial institutions, which is why regulators should take measures to ensure that maintain adequate liquidity insurance by lenders.

News

Apple Warns of Sluggish Holiday Quarter in China

Apple, which has already faced the problem of slowing down the growth of its business in China, warned that by the end of the fourth quarter of this year, the revenue of the company will be approximately the same as from the same period in 2022.

Science & Technology

China Plans to Build Advanced Humanoid Robots

China intends to make a breakthrough in the science fiction industry by creating humanoid robots.

News

AllianzGI Taiwan Predicts Growth of Chipmakers’ Earnings

There is a possibility that the Taiwanese stock indices will begin to show a positive dynamic of recovery next year, despite the unfavorable state of affairs in the geopolitical space and concerns related to the possible aggravation of the situation in this environment.

News

Confidence in India’s Economy Grows

The economy of India has become an example when a bulky system with at the same time impressive power begins to move extremely slowly, but after the process of its development is launched, it cannot be ignored.

Science & Technology

Elon Musk Characterizes AI as One of Most Disruptive Forces in History

Elon Musk, during a conversation with British Prime Minister Rishi Sunak at the first artificial intelligence security summit, described AI as one of the most destructive forces in history.