by OverviewFX | Sep 20, 2024 | Technology
Investors poured into tech stocks at one of the fastest clips of the year a day after the Federal Reserve cut its benchmark interest rate for the first time since 2020.Led by a 7.4% gain in shares of Tesla and a 4% jump in Nvidia, the Nasdaq rose 2.5% on Thursday, its...
by OverviewFX | Sep 20, 2024 | Technology
Alakh Pandey (R), CEO of Physics Wallah, along with the company’s co-founder Prateek Maheshwari (L).Physics WallahIndian education technology startup Physics Wallah announced on Friday that it had raised $210 million as it looks to expand its business, in part...
by OverviewFX | Sep 19, 2024 | Technology
Combinations showing Entrepreneur Elon Musk (L) and Brazil Supreme Court Justice Alexandre de Moraes (R)Reuters (L) | Getty Images (R)Elon Musk’s X faces steep daily fines in Brazil for allegedly evading a ban on the service there, according to a statement from...
by OverviewFX | Sep 19, 2024 | Technology
Chinese electric car company Nio launched its lower-cost brand Onvo on Wednesday, May 15, 2024, in Shanghai, China.CNBC | Evelyn ChengHEFEI, China — There’s yet another Chinese electric car aiming to undercut Tesla, with a steeper discount.Onvo, the lower-priced...
by OverviewFX | Sep 19, 2024 | Technology
Amazon parcels are prepared for delivery at Amazon’s Robotic Fulfillment Centre.Nathan Stirk | Getty ImagesAmazon is rolling out an artificial intelligence tool designed to help third-party sellers quickly resolve issues with their accounts and fetch sales and...
by OverviewFX | Sep 19, 2024 | Technology
Roslan Rahman | AFP | Getty ImagesCryptocurrencies rose as part of a broad market rally Thursday, one day after the Federal Reserve delivered a half percentage point reduction in interest rates, the first in more than four years.The price of bitcoin was recently...