Jefferies estimates that Meta’s Llama AI models could be valued between $10-20 billion, which could contribute over a 1% increase to Meta’s market capitalization. This […]
Category: Short News
Vanke Reports $1.4 Billion Loss Amid Deepening Chinese Real Estate Crisis
Chinese housing developer Vanke reported significant first-half losses on Friday, highlighting the ongoing crisis in the real estate sector as home sales decline in a […]
RBI Expected to Hold Rates Even as Fed Pivots
India’s central bank, the Reserve Bank of India (RBI), is anticipated to maintain its current interest rates, even as the U.S. Federal Reserve signals a […]
PM Modi Lays Foundation Stone for ₹76,000 Crore Vadhvan Port Project in Palghar
Prime Minister Narendra Modi on Friday laid the foundation stone for the Vadhvan Port Project in Palghar, Maharashtra, which is set to become the largest […]
Indian Government Grants ‘Navratna’ Status to Four Public Sector Companies
On Friday, August 30, the Indian government awarded the prestigious ‘Navratna’ status to four public sector undertakings (PSUs): Satluj Jal Vidyut Nigam (SJVN) Ltd, NHPC […]
India’s Q1 GDP Growth Slows to 6.7%, Missing Expectations
India’s Gross Domestic Product (GDP) grew by 6.7% in the first quarter of the fiscal year, falling short of the anticipated 6.9% and marking a […]
U.S. Government Spending in FY 2024: A Record $6.8 Trillion Budget with a $1.9 Trillion Deficit
The U.S. government is projected to spend an astounding $6.8 trillion in Fiscal Year 2024, marking the highest level of spending since 2021. This enormous […]
Chinese Hacking Group ‘Volt Typhoon’ Exploits Software Bug to Compromise U.S. and International Internet Companies
A cybersecurity firm reported on Tuesday that a Chinese hacking group leveraged a software bug to breach several internet companies in the U.S. and internationally. […]
Tesla China Reports Strong Q3 Growth Despite Slight Dip in Weekly Registrations
Tesla continues to demonstrate strong performance in China, despite a slight dip in weekly insurance registrations. Last week, Tesla reported 14,200 insurance registrations in China, […]
UBS Increases U.S. Recession Odds to 25% Amid Rising Economic Risks
UBS Global Wealth Management has recently raised the probability of a U.S. recession to 25%, up from its previous estimate of 20%. This adjustment reflects […]
Kotak Institutional Equities Reports Positive Outlook for Corporate India: No New Signs of Stress Amid Deleveraging
Kotak Institutional Equities has reported positive news for India’s banking sector, stating that corporate India remains in good financial health, with no new signs of […]
Boeing Predicts China Will Need 8,830 New Planes by 2043
Boeing has announced that China will need 8,830 new planes by 2043 as the country’s aviation industry continues to grow and modernize. This increase in […]