Amazon is spending billions more to back an artificial intelligence startup as it looks for an edge in this new technology arms race.
Schlagwort-Archiv: Financial
Walgreens tops quarterly revenue estimates, but narrows profit outlook in ‚challenging‘ economy
Walgreens posted a steep net loss for the quarter as it recorded a hefty goodwill impairment charge related to its primary-care provider VillageMD.
H&M shares jump 14% as profit smashes expectations
The Swedish retailer significantly beat profit expectations for its fiscal first quarter.
BlackRock’s Larry Fink sees Social Security crisis, says 65 retirement age ‚a bit crazy‘
The issue of retirement took center stage in Fink’s letter to shareholders.
Nigeria’s central bank hikes interest rate to 24.75% as it battles sky-high inflation, currency crisis
The Central Bank of Nigeria on Tuesday hiked its key interest rate by 200 basis points, as Africa’s largest economy looks to recover from a historic currency crisis and soaring inflation.
Cocoa prices hit $10,000 per metric ton for the first time ever
Cocoa reached hit a record Tuesday as high demand and supply constraints fuel prices higher.
Binance executive escapes Nigerian custody as authorities file new tax charges
One of two Binance executives detained in Nigeria has escaped custody, while the Nigerian government has filed new tax evasion charges against the exchange.
Japan bucks private equity slowdown in Asia Pacific with deal value soaring 183% last year
Japan PE deal value surged 183% in 2023 from a year earlier, making it the largest private equity market in Asia Pacific for the first time.
Top Wall Street analysts like these dividend stocks for portfolio income
TipRanks‘ analyst ranking service highlights Wall Street’s best-performing stocks, including Bank of America and PepsiCo.
Two fresh ways to play the weight loss and megacap tech hype
A major exchange-traded fund provider is going deep on two popular plays: megacap tech and weight loss drug stocks.