Huawei Challenges Nvidia’s Dominance
The Chinese tech giant Huawei is set to unveil an AI processor this fall, potentially challenging the longstanding American dominance in the high-perfRead More…
Ibex 35 Kicks Off the Slowest Week of the Year with Confidence at 10,700 Points
The Ibex 35 is starting what is likely the least active and most illiquid week of the year. On this Monday’s session, the index rose by around 0.5%, wRead More…
Generali’s Net Profit Reaches 2 Billion Euros; Donnet Announces 500 Million Euro Buyback
In the first half of the year, Generali reported gross premiums of 50.1 billion euros, marking a 20.4% increase. This growth was driven by significantRead More…
Plug Power Shares Plummet: Higher Losses Than Expected
Plug Power reported a loss of $0.36 per share in the second quarter of fiscal year 2024, exceeding analysts’ expectations, which had anticipated a losRead More…
China: Half of the Cars Sold in July Were Hybrid or Electric
In July, hybrid and electric vehicles accounted for over half of all car sales in China, marking a significant milestone in this highly competitive maRead More…
Market Surge Unfazed by Fed: S&P 500 and Nasdaq Rally Strongly
Before the July Fed meeting, investors had a clear question: Would the Fed derail the recovery seen in the markets after recent declines, or would it Read More…
BBVA Boosts Profits by 29% with Gains Approaching 5 Billion Euros Driven by Credit Growth
BBVA achieved a record-breaking performance in the first half of the year, posting a profit of 4.994 billion euros, marking a 29% increase compared toRead More…
Deoleo Returns to Profit by June and Anticipates Easing Oil Prices
Company Sales in the First Half of the Year Grow by 25% to 500 Million Euros
Deoleo, the oil group owning brands like Carbonell and Hojiblanca, reportRead More…