There was a 20%+ decline in the shares of Donald Trump’s social networking company, which was listed under the DJT ticker less than a week ago. The decline follows the announcement by Trump Media & Technology Group that it lost… Read More ›
Economy & Finance
China Shows Better Indicators Even As Factory Activity In Asia Declines
According to surveys and data released on Monday, factory activity in many Asian economies shrank in March, although there were some encouraging signals in China and South Korea. These findings provide a mixed image of the once rapidly growing major… Read More ›
Japan’s Service Sector Sentiment Reaches A 33-Year High, Opening The Door For Additional BOJ Raises
According to a central bank survey, optimism in Japan’s services sector reached a 33-year high in the first quarter due to increasing tourism and rising profits from price hikes. This maintained market expectations of an additional interest rate hike before… Read More ›
For The First Time In Six Months, Industry Activity In China Increased In March
An official factory survey released on Sunday revealed that China’s manufacturing activity increased in March for the first time in six months, providing policymakers with some respite even as the country’s economy and confidence continue to be negatively impacted by… Read More ›
India’s Q4 GDP Growth Of 8% Or Higher Is Expected – Finance Minister Sitharaman
According to Nirmala Sitharaman, the finance minister of India, the Indian economy is anticipated to grow at the similar rate in 2023–2024, highlighting the benefits of better macroeconomic stability and inflation control. In the quarter ending March 31, India’s GDP is expected… Read More ›
A New AI Benchmark Evaluates How Quickly Users’ Queries Are Answered
The artificial intelligence benchmarking group MLCommons published new test results and findings on Wednesday, rating how quickly the latest technology can execute AI apps and react to user input. The two new standards introduced by MLCommons gauge how quickly AI… Read More ›
Salesforce And Microsoft Try To Convince CFOs To Spend Money On New Generative AI Tools
There is growing optimism regarding the transformative potential of generative artificial intelligence. We’re only getting started with this AI computing ramp, as Nvidia CEO Jensen Huang recently stated to CNBC’s Jim Cramer following the announcement of a new generation of… Read More ›
Huawei’s Profit Increased Two Folds In 2023 As Sales Of Smartphones And Cars Increased
Huawei, a Chinese telecoms giant, reported on Friday that improved product offerings contributed to a more than doubled net profit for 2023. The corporation further ascribed the profit increases to a 9.6% yearly increase in revenue, or 704.2 billion yuan… Read More ›
42% Of Energy Customers Don’t Have Strategies For The Climate Shift, Claims Citi
In a study on climate change that was opened in a new tab on Thursday, the fourth-largest U.S. bank stated that nearly half of the energy companies to which it extends loans have no plans to reduce greenhouse gas emissions…. Read More ›
Japan Suggests A Potential For Intervention By Denouncing “Speculative” Yen Swings
The Japanese Finance Minister, Shunichi Suzuki, stated on Friday that the recent dips in the value of the yen were the result of “speculative” activities. He implied that authorities were prepared to intervene in the market to stop any extreme… Read More ›
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