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NVIDIA Faces Steep Decline on Wall Street Amid Concerns Over Future Earnings

Chipmaker NVIDIA suffered a significant loss on Wall Street last Friday. The company, specialized in artificial intelligence, plummeted by 10 percent, resulting in a loss of roughly $200 billion. Investors have marked down the AI chip maker by 10 percent amid concerns that NVIDIA’s upcoming quarterly earnings may disappoint. Just two months ago, NVIDIA soared […]

20 April 2024
Netflix Sees Strong Start to the Year Despite Anticipated Slowdown

Netflix has experienced its best start to the year since 2020, the year the coronavirus pandemic broke out. The video streaming service added over nine million subscribers in the first quarter of this year. In the first three months of last year, the number of customers decreased to less than two million. Netflix’s strong performance […]

19 April 2024
German Economy Avoids Expected Recession

The German economy did not contract in the first quarter of this year, thus averting an anticipated recession – two consecutive quarters of economic contraction. One of the reasons cited is a rise in exports, according to the Bundesbank. After experiencing an economic contraction of 0.3 percent in the final quarter of 2023, further contraction […]

18 April 2024
UK Inflation Hits 2.5-Year Low Amid Declining Prices in Food Staples

In the United Kingdom, inflation reached its lowest level in 2.5 years last month, driven by decreases in the prices of meat, biscuits, and other essentials. According to data from the UK’s Office for National Statistics (ONS), British consumers faced a 3.2 percent increase in prices for goods and services in March compared to the […]

17 April 2024
Just Eat Takeaway Reports Decline in Orders Despite Growth in Specific Regions

Just Eat Takeaway, the prominent entity encompassing Thuisbezorgd.nl, faced a nuanced landscape in its first-quarter performance, marked by a dip in overall order volumes compared to the preceding year. With a decrease of 6 percent, totaling over 214 million orders, the company navigated through shifting consumer behaviors and market dynamics. Across different geographical regions, the […]

17 April 2024

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