Singapore's digital economy is thriving, with a whopping 17. 7% share of the country's GDP. Small and midsize businesses (SMBs) and artificial intelligence (AI) are the powerhouses driving this growth. Last year, the digital economy contributed SG$113 billion ($85. 31 billion) to Singapore's GDP, wh
Meta, the company behind Facebook, Instagram, and WhatsApp, reported a 35% increase in quarterly profits. This boost is mainly due to strong advertising revenue and their push into artificial intelligence (AI). However, they warned about big spending on infrastructure for AI next year. Meta makes m
You know how often people worry about economic slowdowns? Well, the U. S. economy showed it wasn't bothered by such fears in the third quarter of 2024. It grew at a steady pace of 2. 8%, which is a bit less than expected but still solid. Consumers were the heroes, spending more than they were suppos
You might think high interest rates would slow down the economy. But surprisingly, the U. S. economy grew at a steady 2. 8% pace from July through September. Consumers were the big spenders, driving growth even with higher interest rates. While business investments cooled off a bit, exports picked u
Meet Maggie, a lady from Auburn, Alabama, who experienced the quickest first date in history—a whopping 45 seconds! She met her date from a dating app outside a restaurant. He hugged her, asked if she was hungry, and off they went inside. But suddenly, he changed his mind. He apologized, saying he w
In a big leap, Reddit's shares surged by 22% in after-hours trading. The reason? The company's third-quarter earnings report was a hit, with profits jumping way higher than expected. Let's break it down. Reddit made 16 cents per share, while people were expecting a loss of 7 cents. That's a big dea
In the third quarter of 2024, the iPhone 16 gave Apple a boost in China's smartphone market, helping it secure a spot among the top five vendors. Although Apple's market share dipped slightly to 15. 6%, the new iPhone still made waves. Huawei, on the other hand, is staging a strong comeback. Despite
Get ready for a big event! China's parliament is set to meet from November 4 to 8. This isn't just any meeting—investors are eagerly waiting for news about the country's fiscal stimulus. Last year, the same meeting saw China's fiscal deficit jump to 3. 8%, so this year's gathering could bring more c
This week, the tech giants of the S&P 500 Index are gearing up to report their third-quarter earnings. Companies like Apple, Nvidia, Microsoft, Alphabet, and Amazon are facing a new reality: slower profit growth. While they are still projected to see an average increase of 19%, this is lower than pa
Yesterday, SS&C Technologies Holdings (SSNC) caught the attention of Wall Street again. Analyst James Faucette from Morgan Stanley took a close look and decided to maintain a Hold rating on the stock. He set a price target of $70. 00. But why the Hold rating? Let's dive in. SS&C Technologies is doi
