Instagram to Account for Half of Meta's U.S. Ad Revenue by 2025

According to eMarketer's predictions, Meta Platforms Inc (NASDAQ:META)'s Instagram will account for 50% of the company's US advertising revenue in the near future...

Siemens to Sell $2.6 Billion Stake in Siemens Energy to Fund Altair Acquisition

Siemens AG plans to sell its $2.6 billion stake in Siemens Energy AG in the coming months. This sale is part of the company's strategy to acquire software manufac...

Instagram Poised to Account for Half of Meta's U.S. Advertising Revenue

According to research firm Emarketer's forecasts, Meta Platforms Inc (NASDAQ:META) will soon find that Instagram constitutes half of the company’s advertising rev...

AI Venture SandboxAQ Raises Over $300 Million with a Valuation of $5.6 Billion

Investing.com -- SandboxAQ, a venture specializing in applying quantum technology to artificial intelligence development, has successfully raised over $300 millio...

UniCredit Increases Stake in Commerzbank, Approaches Mandatory Offer Threshold

Italy's second-largest bank by assets, UniCredit, has increased its stake in German rival Commerzbank to 28%, approaching the 30% threshold that would trigger a m...

Kioxia Debuts with a 10% Surge Following $800 Million IPO

Investing.com -- Japanese chip manufacturer Kioxia Holdings closed at 1,601 yen, marking a 10% increase in its shares during its initial public offering (IPO). Th...

Volkswagen Invests $48 Million in Canadian Firm Patriot Battery Metals

Volkswagen has announced a $48 million investment in Canadian lithium company Patriot Battery Metals. This move is part of the German automotive giant's strategy ...

Polygon's Stablecoin Decision, Surprising Developments in Ripple, and the Echoes of PENGU Airdrop: Latest News from the Altcoin Market

Among the developments in the crypto space today, Polygon rejected a $1 billion stablecoin yield proposal amid community concerns, while discussions suggest that ...

Another U.S. State Begins Discussion on Bitcoin Reserves

Ohio State Representative Derek Merrin has introduced a bill aimed at creating a state-backed Bitcoin reserve. Called the "Ohio Bitcoin Reserve Act," the bill pro...

Chile's Central Bank Projects Economic Growth and Inflation Rates for 2025-2026

Investing.com -- The Central Bank of Chile announced in its December Monetary Policy Report that it forecasts economic growth between 1.5% and 2.5% for the years ...

Erdoğan to Visit Egypt on December 19 for the 11th D8 Organization Summit Meeting

President Recep Tayyip Erdoğan will visit Egypt on Thursday, December 19, 2024, to participate in the 11th Summit of the Developing Eight (D-8) Organization. Erdo...

Copper Production in Kazakhstan Increased by 14.1% from January to November

In the period from January to November 2024, Kazakhstan's copper production increased by 14.1% compared to the same period last year, reaching 423,039 tons. In No...

NVIDIA's GB200 Shelf Requires More Supply Chain Optimization, Mass Production Expected in Q2 and Q3 of 2025

According to the latest research from TrendForce, NVIDIA's (NASDAQ:NVDA) GB200 rack-mounted solution requires further optimization and adjustments in the supply c...

Takasbank Money Market Achieves a Trading Volume of 43.16 Billion TL

In the Forex - Takasbank Money Market, today a transaction volume of 43,158,165,000 TL was realized. In dollar terms, this amounted to 1,235,848,135.

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Gazprom Delivers First LNG Shipment to Italy

Gazprom, the Russian energy giant, has delivered its first liquefied natural gas (LNG) cargo to Italy from the LNG Portovaya facility in the Baltic Sea. While Rus...

US Government Investigates TP-Link Over National Security Concerns

Investing.com -- The U.S. government is investigating TP-Link, a Chinese company that produces home internet routers, due to potential national security risks. Th...

Corvus Pharmaceuticals Shares Surge on Promising Trial Results

Investing.com -- Corvus Pharmaceuticals, Inc. (NASDAQ: CRVS) shares initially dropped by as much as 18% but then made a notable comeback, rising by 7% following i...

Cybersecurity Firm Bureau Secures $30 Million to Expand Global Footprint

Investing.com -- Cybersecurity initiative Bureau has raised $30 million in a funding round to expand into new markets. According to a statement made on Wednesday,...

Karsan Introduces Autonomous Technology to Public Transport in Sweden

Karsan (IS:KARSN), with the vision of being "a step ahead in the future of mobility," continues on its path to becoming a global brand, adding another first to it...

"Navy Shipbuilding Sees $5.7 Billion Surge in Labor Costs, Boosting Outlook for General Dynamics and Huntington Ingalls - TD Cowen"

TD Cowen analyst Roman Schweizer emphasized that Congress has reached an agreement on a Continuing Resolution (CR) that will fund the U.S. government until March ...

Merck Shares Surge Following Hansoh Pharma Deal

Investing.com -- Pharmaceutical giant Merck & Co., Inc. (NYSE:MRK) saw its shares rise by 1.6% in pre-market trading following the news of a significant licensing...