Bank of England Cuts Interest Rates
Bank of England officials on Thursday, February 6, decided to cut interest rates to a 19-month low.
Report - page 21
Bank of England Reportedly to Resume Rate Cuts
Currently, it is becoming increasingly widely believed that this week the Bank of England will decide on a new interest rates cut.
Google Says About Prospects of Commercial Quantum Computing Apps
Google plans to release commercial quantum computing apps within the next five years.
Google Opens Its Most Powerful AI Models to Everyone
Google on Wednesday, February 5, released Gemini 2.0, its most capable suite of artificial intelligence models.
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 […]
AMD Reports Earnings
Advanced Micro Devices (AMD) last Tuesday, February 4, published information about its earnings for the fourth quarter of 2024, which exceeded preliminary expectations.
Juniper Networks Beats Quarterly Revenue Estimates
Juniper Networks on Tuesday, February 4, released information about its earnings for the fourth quarter of 2024, which exceeded analysts’ preliminary expectations, helped by steady consumer demand for the company’s networking gear amid the so-called artificial intelligence boom.
Fintech Firm Jack Henry Reports Earnings
Fintech company Jack Henry & Associates on Tuesday, February 4, reported a 6.4% increase in its profit for the second fiscal quarter, as consumer demand for this firm’s services in the financial technology area remained robust.
Worldpay Acquires Ravelin
Worldpay has agreed to acquire London-headquartered artificial intelligence-native fraud prevention platform Ravelin.
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.
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.
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.
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.
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