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As international travel rebounded, Airbnb forecasts upbeat revenue-thumnail

As international travel rebounded, Airbnb forecasts upbeat revenue

On Thursday, Airbnb gave a third-quarter revenue prediction that was higher than market expectations, but industry concerns about a slowing domestic market caused Airbnb’s shares to decline 1.2% in after-hours

Finance

Aug 4, 2023

A list of the top 10 technology companies in United States in 2026-thumnail

A list of the top 10 technology companies in United States in 2026

Some of the biggest corporations in the technology sector, including the Big Four and social media behemoths, are based in the United States. These companies have dominated their respective markets,

Industry

Aug 3, 2023

There will be 100 million jobs in India’s constructing industry; economic expansion demands a skilled labour force-thumnail

There will be 100 million jobs in India’s constructing industry; economic expansion demands a skilled labour force

According to a Knight Frank India research, India’s construction industry is expected to employ 100 million people in order to meet economic growth objectives. By 2023, 71 million people are

Business

Aug 3, 2023

SBFC Finance IPO opens for public subscription today-thumnail

SBFC Finance IPO opens for public subscription today

The anticipated initial public offering (IPO) of SBFC Finance will be open, for subscription from August 3 to 7.

Finance

Aug 3, 2023

Tenstorrent, an AI chip company, raises $100 million from Hyundai and Samsung in an effort to challenge Nvidia’s chip supremacy-thumnail

Tenstorrent, an AI chip company, raises $100 million from Hyundai and Samsung in an effort to challenge Nvidia’s chip supremacy

Tenstorrent, a Canadian firm, has received $100 million in financing from Hyundai, Samsung, and Kia to challenge Nvidia’s supremacy in AI chip supply.

Artificial Intelligence

Aug 3, 2023

DBS Group Reports Record-Breaking Second-Quarter Profit Amidst Rising Interest Rates-thumnail

DBS Group Reports Record-Breaking Second-Quarter Profit Amidst Rising Interest Rates

Singapore’s largest bank, DBS Group, has announced a remarkable 48% surge in its second-quarter profit, beating forecasts and setting a new record.

Business

Aug 3, 2023

Asian stocks draw foreign money as US rate hikes could be nearing an end-thumnail

Asian stocks draw foreign money as US rate hikes could be nearing an end

Foreign investors purchased Asian stocks for the fourth consecutive month in July, a change from the Federal Reserve’s previous tightening cycle, which resulted in significant outflows from riskier assets.

Finance

Aug 3, 2023

PayPal’s low margin outweighs the positive spending expectation-thumnail

PayPal’s low margin outweighs the positive spending expectation

In previous quarters, analysts have expressed concern about PayPal’s underwhelming margins. The company’s low-margin business goods have risen rapidly, but branded product growth has stalled owing to rising competition from

Business

Aug 3, 2023

Ambuja Cements acquires 56.74 % stake in Sanghi industries at 5000 cr valuations-thumnail

Ambuja Cements acquires 56.74 % stake in Sanghi industries at 5000 cr valuations

Ambuja Cements has made an acquisition of Sanghi Industries Ltd for Rs 5,000 crore. The acquisition was funded internally. This has allowed Ambuja Cements to secure a controlling stake of 56.74%.

Business

Aug 3, 2023

Over $10 billion was deposited in Apple’s high-yield savings accounts-thumnail

Over $10 billion was deposited in Apple’s high-yield savings accounts

The iPhone manufacturer estimated the entire amount of deposits at around $10 billion in a news release on Wednesday. According to Apple, that money accumulated throughout the roughly 3.5 months that Apple Card customers had the option of opening them.

Business

Aug 3, 2023

Pi Ventures has announced the final closing of its second fund at $85 million-thumnail

Pi Ventures has announced the final closing of its second fund at $85 million

Pi Ventures reported the first closure of its second round in January 2022, raising Rs 303.5 crore ($40 million) from Accel, entrepreneurs, high-net-worth individuals, and family offices.

Investment & Funding

Aug 3, 2023

For its September IPO, SoftBank’s Arm targets a valuation of $60 billion or more-thumnail

For its September IPO, SoftBank’s Arm targets a valuation of $60 billion or more

Sources claim that Arm Ltd. a division of SoftBank Group Corp. that specialises in semiconductors, plans to go public as early as September with a valuation of $60 billion to $70 billion, signalling a bright outlook for chips including artificial intelligence.

Business

Aug 2, 2023


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