Financial news and analytics

The EU will try to save its biggest electric vehicle battery project, but it may already be too late

On the second working day, the new European Commission decided to provide subsidies to local producers in the areas of…

3 months ago

The former head of Intel was assigned a “golden parachute” of $7-10 million

Intel and Pat Gelsinger have entered into a “severance agreement” under which the now former CEO will receive significant payments.…

3 months ago

SpaceX is preparing to become the most valuable private startup in the world – the company’s price could soar to $350 billion

SpaceX intends to conduct a new round of investments. The company is negotiating the sale of its shares to potential…

3 months ago

Intel suddenly lost its CEO – Pat Gelsinger was sent to retire in the midst of a crisis

Intel CEO Pat Gelsinger has left his post and resigned from the company's board of directors effective December 1, 2024.…

3 months ago

Nvidia pours twice as much money into research as AMD—Intel spends more combined

Nvidia's success in accelerating artificial intelligence computing is the result of years of dedicated work. Recently, the company's research and…

3 months ago

VKontakte grew to 88.1 million users – VK revenue soared by 21.4% from advertising

Based on the results of the first nine months of this year, the VK technology holding increased its revenue by…

3 months ago

The PC market returned to growth – shipments of client CPUs jumped 12% in the third quarter

Shipments of consumer and server processors showed significant growth in the third quarter of 2024, analysts at Jon Peddie Research…

3 months ago

US antitrust officials have prepared a series of farewell blows to IT giants

Top antitrust officials in Joe Biden's administration are aiming to deal as many blows as possible to the tech industry…

3 months ago

Samsung shares rise 5% amid ‘desperate’ buyback plan

Samsung announced a 10 trillion won ($7.2 billion) share buyback in an attempt to regain investor confidence and stabilize its…

3 months ago

Musk skims the cream after the US elections: SpaceX was valued at $250 billion, and the value of xAI soared to $45 billion

Two private companies of Elon Musk, SpaceX and xAI, will soon dramatically increase their capitalization due to new investments. A…

3 months ago