After the global computer outage on July 19 this year, that cost Delta Airlines (DAL) an estimated revenue loss of $500 million, CrowdStrike (NASDAQ: CRWD) is set to reveal its second-quarter earnings. CrowdStrike and NVIDIA: A day before the earnings reports of both CrowdStrike and NVIDIA (NVDA) on Aug. 28, 2024, CrowdStrike announced it will…
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Nvidia’s performance in 3 charts
Nvidia’s dynamic growth is centered around the surge in demand for AI chips. But others might be catching up to provide stiff competition to the company.
Lessons from the 1918 Spanish Flu
Posted on Author Deena ZaidiPosted in Economy, Financial Crises timeline, Infographics, United States of America, World Economy
Covid-19 has many unknown factors which, like most pandemics, can impact the willingness to spend, invest and take risks. Uncertainties usually bring economy to a halt due to complete shutdowns of small businesses, production losses and increased unemployment.
China’s Free Market Practices through Devaluation
By devaluing its own currency, China has tried to address its issues due to financial distress. Not many have taken this surprise move by China in good spirits. While China might be trying to fix its own domestic growth, it could trigger currency wars amongst nations that are trying to compete with each other in international trade.