The popularity of online banks has surged since the internet became commercialized in the late 1990s and early 2000s. University researchers have found that online banks have increased […]
Spanish Inflation at One-Year Low With ECB Set to Cut Rates
(Bloomberg) — Inflation in Spain has dropped to its lowest level in a year, a trend that is expected to be reflected throughout the euro zone. This development […]
IBM lay-offs at China R&D teams send shock waves across local tech community
Chinese employees at IBM, the prominent US computing giant once seen as a nurturing ground for mainland engineers, have expressed dismay following a brief conference call with the […]
US senator presses Intel CEO on chips award after job cut plan
By David Shepardson WASHINGTON (Reuters) – On Wednesday, Republican Senator Rick Scott requested further clarification from Intel CEO Pat Gelsinger regarding the company’s decision to cut over 15,000 […]
Nvidia’s forecast dampens AI enthusiasm in other tech stocks
If Nvidia’s late-day dip on Wednesday continues into Thursday, it would fall significantly short of the 11% price swing anticipated by the options market, as per data from […]
Nasdaq futures slide as first Big Tech results disappoint
(Reuters) – Nasdaq futures experienced a notable decline on Wednesday following quarterly earnings reports from Tesla and Alphabet, which heightened investor concerns about the dominance of Big Tech […]
Nvidia Stock Falls. What Alphabet’s Disappointing AI Spending Plans Mean for the Chip Maker.
Nvidia appeared poised for a decline on Wednesday following the release of Alphabet’s quarterly earnings. Alphabet’s report presented mixed implications for Nvidia, part of the elite group of […]
What we know about Canada flying drones over Olympic soccer practices
PARIS – Although the Olympic flame has yet to be ignited at the Paris Games, the first espionage scandal has already emerged. The Canadian Olympic Committee announced on […]