Report - page 4

Finance & Economics

Fed’s Susan Collins Supports Gradual Approach to Rate Cuts

Federal Reserve Bank of Boston President Susan Collins said on Thursday, January 9, that significant uncertainty about the outlook requires the United States financial regulator to take a cautious approach in the context of making decisions about cutting interest rates.

News

US Weekly Jobless Claims Fall

The number of Americans filing new applications for unemployment benefits dropped to an 11-month low last week.

News

Fed’s Christopher Waller Supports Further Cuts

Federal Reserve Governor Christopher Waller said he believes inflation will continue to cool towards the United States central bank’s 2% target.

Science & Technology

Micron to Expand Its Manufacturing Footprint in Singapore

Micron Technology Inc. intends to invest $7 billion to expand its manufacturing footprint in Singapore over the next few years.

News

Whatnot Raises Funds at $5 Billion Valuation

Whatnot Inc., a livestream shopping platform that competes with TikTok Shop, raised $265 million at a valuation of $4.97 billion.

News

Intel Says New Laptop Chips to Extend Computer Battery Life

Intel Corp., which is currently symbolically and practically fighting for its place in the sun in the global technology sector and in the notebook processor market particularly, where its position in terms of competitiveness has faced the prospect of a significant weakening in recent years amid increased competition, said that the new range of chips […]

News

Qualcomm’s New Chips to Bring AI to $600 Personal Computers

Qualcomm Technologies Inc. announced the Snapdragon X Platform, the fourth platform in its portfolio of Snapdragon X computing systems designed to deliver performance, multi-day battery life, and Copilot+PC experiences for even more users worldwide.

News

Anthropic Reportedly to Raise $2 Billion

The media published information that the startup Anthropic, which is currently one of the largest players in the global artificial intelligence industry, is close to concluding the deal to raise an additional $2 billion.

News

Donald Trump Announces $20 Billion Plan to Build New Data Centers

President-elect Donald Trump, who will return to the White House this month, announced that Hussain Sajwani, the Emirati billionaire businessman who founded the property development giant DAMAC Properties, will invest $20 billion in building data centers across the United States.

Finance & Economics

Israel Cyber Companies Raise $4 Billion

In 2024 Israeli cybersecurity companies raised investments, which totaled $4 billion and more than doubled the figure recorded in 2023.

News

US Trade Deficit Increases

In November, an increase in the trade deficit was recorded in the United States.

Finance & Economics

AI Startups Drive VC Funding Resurgence

According to data that was published by PitchBook on Tuesday, January 7, artificial intelligence startups have made significant contributions to the recovery of United States venture capital funding from market lows.

News

JPMorgan Chase Quits Net-Zero Banking Alliance

On Tuesday, January 7, JPMorgan Chase announced that it was leaving the Net-Zero Banking Alliance.

News

UK’s Long-Term Borrowing Costs Demonstrate Growth

On Tuesday, January 7, in the United Kingdom, the cost of borrowing showed an increase after the auction of 30-year Treasury gilts brought yields on the long-term bonds reached the highest level in almost three decades.

Science & Technology

Dell Unveils Apple-Like Rebrand

Dell Technologies Inc. is rebranding its personal computers in a manner reminiscent of Apple Inc. naming conventions in an effort to boost consumer demand.

Science & Technology

Nvidia Releases Gaming Chips

Last Monday, January 6, Nvidia revealed new chips for desktop and laptop personal computers using the same Blackwell architecture underpinning the company’s fastest artificial intelligence processors for servers and data centers.