Tag Archives: Business News

CoinspeakerAdidas (ADS) Stock Jumps 6% after Strong Yeezy Sales and Trimming Losses Adidas is able to alleviate the impact of operational losses as the clearance of the massive Yeezy inventory takes turn for the good. Adidas (ADS) Stock Jumps 6% after Strong Yeezy Sales and Trimming Losses

CoinspeakerBitcoin Volatility Index Hits All-Time Low on Deribit The implied volatility levels mean that derivatives traders do not see any major price shake-ups happening in the interim. Bitcoin Volatility Index Hits All-Time Low on Deribit

CoinspeakerTSMC to Capitalize on AI Boom with $2.9B Investment in Advanced Chip Packaging Plant According to Taiwan’s official Central News Agency, “the rapid growth of the artificial intelligence (AI) market has driven a surge in demand for TSMC’s advanced packaging.” TSMC to Capitalize on AI Boom with $2.9B Investment in Advanced Chip Packaging Plant

CoinspeakerMeta’s Threads Remains Huge Magnet to Advertisers from X Platform (Twitter), But It’s Early to Conclude Although Threads is not expected to host ads anytime soon, experts believe the changing policies of the X platform make advertisers look into the former for diversity. Meta’s Threads Remains Huge Magnet to Advertisers from X Platform (Twitter), But It’s Early to Conclude

CoinspeakerUS Tech Giants to Benefit from Improved Cloud Business Thanks to Focus on AI US big tech may be seeing their cloud businesses pick up steam again as interest in AI rises, and consumers spend more on advertising. US Tech Giants to Benefit from Improved Cloud Business Thanks to Focus on AI

CoinspeakerCerebras Systems and G42 Join Forces in $100M AI Supercomputer Deal Cerebras CEO will closely collaborate with G42 to further develop their computing service using revolutionary AI systems. Cerebras Systems and G42 Join Forces in $100M AI Supercomputer Deal

CoinspeakerNorth Korean Hackers Attack American IT Company JumpCloud CrowdStrike confirms that the hack was carried out by the "Labyrinth Chollima" group. North Korean Hackers Attack American IT Company JumpCloud

CoinspeakerJohnson & Johnson Reports Better than Expected Q2 2023 Earnings, JNJ Shares Up Slightly The pharmaceutical segment reported the highest sales with about $13.71 billion, followed by MedTech with a total sales of about $7.78 billion, and the remaining accrued from the consumer health segment. Johnson & Johnson Reports Better than Expected Q2 2023 Earnings, JNJ Shares Up Slightly

CoinspeakerAmerican Airlines Raises Earnings Outlook for 2023 as Travel Demand Soars The report noted that American Airlines’ second-quarter performance exceeded Wall Street expectations. American Airlines Raises Earnings Outlook for 2023 as Travel Demand Soars

CoinspeakerMizuho Financial Group Plans for $72M Venture Debt Fund for Startups Mizuho said that startups in Japan are looking for debt wherein they can get loans without diluting the ownership stakes in the company. Mizuho Financial Group Plans for $72M Venture Debt Fund for Startups