Key Points: The S&P 500 is trading with a marginal decrease, the Nasdaq 100 is experiencing a more notable decline, and the Dow 30 shows resilience. NVIDIA Corporation (NVDA), Tesla, Inc. (TSLA), Advanced Micro Devices, Inc. (AMD), and Apple Inc....
Key Points: German sportswear giant Adidas reports its first annual loss in over 30 years, signaling challenges in the North American market. The company warns of a potential further decline in sales in North America as U.S. sportswear retailers contend with high inventories. Adidas is in recovery mode after cutting ties with Kanye West and...
Key Points: The European Union Parliament has endorsed the EU AI Act, the first major regulatory framework for artificial intelligence. The AI regulation categorizes AI applications based on risk, ranging from "unacceptable" (resulting in a ban) to high, medium, and low hazards. The regulation is set to enter into force at the end of May...
Key Points: MultiVersus will be fully released on May 28 on various platforms, including PS4, PS5, Xbox One, Xbox Series X/S, Steam, and the Epic Games Store. The game features a two-vs.-two formats with characters drawn from Warner Bros. properties, offering a unique twist to the platform fighting genre. The initial success was during the...
Key Points: Swiss Stock Exchange Operator SIX reported a 1.01 billion Swiss francs ($1.15 billion) loss in 2023, primarily due...
Key Points: Japan's stocks declined, with losses in shipbuilding, insurance, and banking. The Nikkei 225 index lost 0.26% at the...
Key Points: Tokyo-based startup Space One experienced a major failure as its solid-fuel Kairos rocket burst into flames seconds after...
