Category: Finance
Q2 Results 2024: Apple, Microsoft, NVIDIA, Google and More
Discussing the second fiscal quarter results of the top 5 companies with the highest market caps in 2024. NVIDIA On Wednesday, NVIDIA reported revenues of $30.04B in the last quarter, exceeding last year by 122%. It beat expectations by almost $3B- analysts have predicted the number to be $28.7. NVIDIA further indicates that the push…
US Mishap Could Have Sent $293M to the Taliban: Here’s Why
According to a letter from the Special Inspector General for Afghanistan Reconstruction (SIGAR), of the $2.8 billion international aid sent by the US to Afghanistan after the withdrawal of US troops in 2021, approximately $293 million remains unaccounted for. The SIGAR implied that much of this may have been pre-empted by the Taliban. This is…
Insurance: Everything you need to know
Understanding Insurance At its core, insurance is a financial arrangement designed to protect individuals and businesses from potential losses. By paying regular premiums to an insurance company, you secure coverage for specific risks or events. If a covered event occurs, the insurer compensates you or covers your expenses according to the terms of your policy.…
Labour Uncover £22B Nightmare left behind by Conservatives
Newly appointed Chancellor of Exchequer Rachel Reeves disclosed a £22B ‘spending-hole’ left behind by the Conservative government, following their electoral defeat to Labour on July 4th. The overspend was discovered during the first financial audit under Reeves’ governance. A frustrating combination of failures to meet various investment pledges, shortfalls in public service demands, and exorbitant…
Cryptocurrency 101: Everything You Need to Know
The concept of cryptocurrency emerged in response to the limitations of traditional financial systems. In 2008, an anonymous entity known as Satoshi Nakamoto published a white paper titled “Bitcoin: A Peer-to-Peer Electronic Cash System. It proposed a decentralized digital currency that enabled secure, transparent, and direct transactions without intermediaries. Bitcoin, the first cryptocurrency, was launched…
Rishi Sunak Releases £17B Manifesto: Up to the job?
Rishi Sunak has released a 76-page manifesto detailing present and future policies that the Conservative government intends to implement. The main cause for both approval and dispute was Sunak’s promise for a £17B overall nationwide tax reduction. Key Details The manifesto pledges that National Insurance will reduce from 8% to 6%. The Torys will also…
