Other news

Merck & Co Inc. has announced a start of last-stage trials for its HIV drug, known as islatravir. The event comes months after the U.S. Food and Drug Administration (FDA) suspended the study, citing safety issues.

Nvidia Corp unveiled new flagship gaming chips. It is known that they will be aimed at artificial intelligence to enhance graphics. The company relies on one of the world's leading semiconductor manufacturers, Taiwan Semiconductor Manufacturing (TSMC), to produce graphics chips.

One of the most significant players of the microchip manufacturing market, Nvidia Corp, has presented its latest development, which is a new computing system named DRIVE Thor. The platform in question provides centralization of different driving systems, including autonomous and assisted ones, and has a range of other digital options, among which are entertaining elements.

As part of the fight against inflation, Sweden's central bank is raising interest rates.

Musk's Texas-based company is preparing to produce thousands of anthropomorphic robots. They are known as the Tesla Bot or Optimus and will be produced in their own factories. The number of production facilities is planned to expand to several million worldwide in the future. This information can be found in the job advertisements.

Country’s inflation rate is still high, but there are positive changes, as the Bank of Canada claims. The central bank's key objective is now to get hikes back to the target.

On Tuesday, the fact of Mavi Zingoni being appointed as the CEO of General Electric’s power business was confirmed. The mentioned unit of the company includes several businesses, among which are ones operating in gas, steam and nuclear energy spheres.

This week the U.S. Federal Reserve is likely to raise interest rates. Traders expect the 75 basis points hike to cause a rally in the cryptocurrency market.

The following indicators could have an effect on the markets today and tomorrow: 1. Housing market data. 2. Fed meeting.

Chevron Corp is selling its stakes in more than 2,000 oil and gas wells in Alaska. This could be the second time a major oil company has exited from oil extraction in the state in the past three decades.