Increases

JHVEphoto micron technology (Nasdaq: Mo) raised its forecast for capital spending for this year on Tuesday amid increased spending related to artificial intelligence. Involved decreased 1.3% Late morning trading. Micron now expects to…

Economy Kenyan firms slow hiring, freeze salary increases Friday April 05 2024 Companies went slow on employment, citing a tough economy. PHOTO | SHUTTERSTOCK Kenyan firms have slowed down hiring of workers and frozen pay…

Amazon announced on Wednesday that it will be increasing its investment in Anthropic, an artificial intelligence startup based in San Francisco, by an additional $2.75 billion.This brings Amazon’s total investment in Anthropic to $4…

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The Michael Saylor-led software company MicroStrategy has upsized its planned convertible senior notes offering from $500 million to $525 million.The company intends to use the proceeds to acquire more Bitcoin, as per their recent press…

New figures released by HM Revenue & Customs (HMRC) reveal that the ‘VAT gap’ – representing the disparity between the VAT theoretically owed and the amount actually collected by HMRC – has reached £8.6 billion for the fiscal year…

U.S.-based Bitcoin mining behemoth Marathon Digital has published its quarterly earnings report and has beaten analyst predictions by a good margin. Paradoxically, Marathon’s stock price dipped shortly after the…

Bankrupt FTX has significantly increased its cash holdings to $4.4 billion by the end of 2022 as the collapsed crypto exchange moves towards repaying customers and creditors. The cash holding almost doubled from $2.3 billion at the end of…

2023 was a terrible year for Israeli solar energy company SolarEdge Technologies (Nasdaq: SEDG). The share price slumped nearly 70% and it was relegated from the S&P 500 Index. Despite this, or perhaps because of it…

The Bureau of Economic Analysis reported that GDP increased at a 4.9% annualized rate in Q3, slightly below the previously reported 5.2% pace. The latest report from the United States Labor Department reveals a marginal increase in…