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July 1, 2024
we start in the us, where the british tech tycoon mike lynch has been cleared of fraud charges in a san francisco court. once hailed as a uk bill gates, mr lynch was facing fraud charges over the $11 billion sale of his software firm, autonomy, to hewlett—packard back in 2011. mr lynch had been accused of inflating the value of his firm ahead of the sale — a jury has found him not guilty on all counts. our north america business correspondent erin delmore has the details. when auto...
July 1, 2024
nvidia shares ended the trading day up more than 5%. alphabet, amazon, apple, meta, and microsoft all ended the day up as well. the major indexes have been hitting high water marks over and over in 202a. this marks the nasdaqs 13th record close this year and the 25th for the s&p. another brand on the up — lululemon. the activewear brand beat wall street expectations on revenue in the first three months of the year. strong sales in china helped buffer a slowdown in spending in the us....
July 1, 2024
its leading in the race to develop the chips needed to enable new artificial intelligence applications. and thats where the other tech giants and a lot of companies are spending big bucks right now. nvidia shares ended the trading day up more than 5%. alphabet, amazon, apple, meta, and microsoft all ended the day up as well. the major indexes have been hitting high water marks over and over in 202a. hitting high water marks this marks the nasdaqs 13th record close this year and the 25t...
July 1, 2024
day up more than 5%. alphabet, amazon, apple, meta, and microsoft all ended the day up as well. the major indexes have been hitting high water marks over and over in 202a. this marks the nasdaqs 13th record close this year and the 25th for the s&p. another brand on the up — lululemon. the activewear brand beat wall street expectations on revenue in the first three months of the year. strong sales in china helped buffer a slowdown in spending in the us. shares rose around 12 percent o...
June 10, 2024
as the billionaire pop stars eras tour gets underway in scotland. welcome to business today. im sally bundock. more now on the results in europe as the bloc�*s parliamentary elections come to a close. as youve been hearing, weve seen a surge on the right across the region. weve seen a surge to the right across the region. in france, the strong showing for marine le pen�*s national rally triggering a snap election in france called late yesterday by president emmanuel macron. the out...
June 7, 2024
Which meant that all the gains made this year were wiped out on a single day. after that, the markets have settled down, the markets have settled down, the shock element has gone away. there is a likelihood that the ruling alliance will come back to power with the help of the allies and prime minister modi will get a rare third term in power. like you pointed out, there are concerns that investors have, they are watching the health of the coalition government that next comes into power because t...
June 6, 2024
November in the us investment in infrastructure will continue. i think they feel like of all the things you could discuss this is one initiatives that is likely to be sustained regardless of who wins in november. ipef was announced more than three years ago — what has taken so long for agreements to be pakistans prime minister shehbaz sharif is in china to try and secure investment for his cash—strapped country. he is expected to meet president xijinping over the course of five days, as well...
June 6, 2024
Initiatives that is likely to be sustained regardless of who wins in november. pakistans prime minister shehbaz sharif is in china to try and secure investment for his cash—strapped country. he is expected to meet president xijinping over the course of five days, as well as chinese business leaders. speaking in shenzhen on wednesday, mr sharif said he aims to strengthen ties between islamabad and beijing. a date has been set for the swearing in of narendra modi as the head of the new coalition...
June 5, 2024
In infrastructure will continue. i think they feel like of all the things you could discuss this is one initiatives that is likely to be sustained regardless of who wins in november. pakistans prime minister shehbaz sharif is in china to try and secure investment for his cash—strapped country. he is expected to meet president xijinping over the course of five days, as well as chinese business leaders. speaking in shenzhen on wednesday, mr sharif said he aims to strengthen ties between islamaba...
June 28, 2023
Economists GDP forecasts are often inaccurate due to the flexibility and varying variables used in their analysis, as well as unforeseen events. Forecasting models have limited validity and should be taken with caution when making policy or investment decisions. Ranges of forecasts may be more realistic than specific numbers.