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Brent, Wheat lead weekly Bullish & Bearish Positions :: InvestMacro
By InvestMacroThe latest update for the weekly Commitment of Traders (COT) report was released by the Commodity Futures Trading Commission (CFTC) on Friday for data ending on May 13th.This weekly Extreme Positions report highlights the Most Bullish and Most Bearish...
Trump coin dinner to include mostly non-Americans based on top holders
Jonathan Raa | Nurphoto | Getty ImagesWith President Donald Trump's private dinner for top meme coin holders less than a week away, the leaderboard is awash with crypto wallets that are effectively anonymous.On May 22, the top 220 $TRUMP holders are invited to a...
FX week in review: eToro IPO priced, BUX CEO change, NBA star fronts prop firm
How did eToro shares fare after the company priced its long-awaited IPO on NASDAQ? What has led to a CEO change at neobroker BUX? Which NBA All-Star is the new Brand Ambassador for a retail prop trading firm? Where did Robinhood just spend $179 million making an...
Polish presidential election to test if PM’s pro-EU vision is Trump-proof
The skyline of Warsaw with the Palace of Culture and Science and skyscrapers is seen from Pilsudski square in Warsaw, Poland on May 14, 2025.Nurphoto | Nurphoto | Getty ImagesPoles vote on Sunday in a presidential election that will decide whether Warsaw follows the...
Forex Lingo 101: The Terminology Beginners Need to Know
Forex is fast, global, and full of opportunity — but if you don’t speak the language, you’re already behind. This isn’t about flexing technical terms or memorizing definitions. It’s about understanding what matters so you don’t get lost before your first trade’s even...
Trump to call Putin, Zelenskyy, NATO members Monday to talk ceasefire
U.S. President Donald Trump gestures, while he boards Air Force One, in Abu Dhabi, United Arab Emirates, May 16, 2025. Brian Snyder | ReutersPresident Donald Trump said Saturday he plans to speak separately to Russian President Vladimir Putin and Ukrainian President...
Hong Kong Monetary Authority Reveals Results of 15-Year Bond Tender
James Ding May 14, 2025 02:31 The Hong Kong Monetary Authority announced the results of a 15-year HKD institutional government bond tender, with a bid-to-cover ratio of 5.15 and an annualized yield of 3.414%. ...
Bitfarms (BITF) Sees Revenue Surge Amid Strategic U.S. Expansion
Timothy Morano May 14, 2025 04:06 Bitfarms reported a 33% increase in revenue for Q1 2025, pivoting towards HPC/AI with significant U.S. expansion and new financing, despite facing operational losses. Bitfarms...
Ethereum Launches Ambitious ‘Trillion Dollar Security’ Initiative
Felix Pinkston May 14, 2025 05:07 Ethereum announces the 'Trillion Dollar Security' initiative to enhance blockchain security, aiming to secure trillions in value and support global financial infrastructure. ...
Don Diablo’s ‘BLACKOUT’ Video Leverages NVIDIA RTX-Powered AI
Caroline Bishop May 14, 2025 05:50 Don Diablo's 'BLACKOUT' music video uses NVIDIA RTX-powered generative AI for innovative visual storytelling, showcasing a hybrid workflow that combines local and cloud-based tools for creative...
Tether Unveils QVAC: A New Era for AI Development on Local Devices
Alvin Lang May 14, 2025 06:39 Tether introduces QVAC, a platform for deploying AI agents directly on user devices, ensuring privacy and autonomy without relying on centralized data centers. Tether, a leading...
Challenges face Elon Musk and NASA in sending people to Mars
President Donald Trump and Elon Musk, the world's richest man, want to make living on Mars a reality. Musk has said that his company, SpaceX, can get humans to Mars as early as 2029. Meanwhile, NASA officials have said that sending humans to Mars even by 2040 would be...
LangGraph Platform Launches for Managing Stateful Agents at Scale
Luisa Crawford May 14, 2025 07:07 LangGraph Platform is now generally available, offering infrastructure to deploy and manage stateful agents efficiently, with features like 1-click deployment and horizontal scaling. ...
Grok’s ‘white genocide’ responses show gen AI tampered with ‘at will’
Muhammed Selim Korkutata | Anadolu | Getty ImagesIn the two-plus years since generative artificial intelligence took the the world by storm following the public release of ChatGPT, trust has been a perpetual problem.Hallucinations, bad math and cultural biases have...
Court gives go-ahead to Trump’s plan to halt union bargaining for many federal workers
Labor union members hold placards on the day of a rally in support of federal workers during a rush hour protest outside the L'Enfant Plaza Metro Station in Washington, D.C., U.S., March 24, 2025. Kent Nishimura | ReutersA federal appeals court lifted an order on...
PBoC and HKMA Enhance Swap Connect to Boost Mainland Financial Market Access
Ted Hisokawa May 15, 2025 06:35 The PBoC, SFC, and HKMA plan to expand Swap Connect, enhancing product types and extending contract tenors to support the opening of Mainland China's financial markets. The...
Understanding Maximal Extractable Value (MEV) in Blockchain
Darius Baruo May 15, 2025 07:05 Explore the concept of Maximal Extractable Value (MEV) in blockchain, its implications, and potential solutions to mitigate its impact on decentralized systems. Maximal...
Crypto in India: A Booming Market Amid Regulatory Uncertainty
Khushi. V. Rangdhol May 15, 2025 23:49 Booming market faces regulatory uncertainty, high taxes, but leads in Web3 innovation. Future hinges on policy clarity. Introduction India has emerged as one of the most...
RBI expected to transfer record dividend of Rs 2.7 to 3 lakh cr to govt in FY26: Report, ET BFSI
RBI expected to transfer record dividend of Rs 2.7 to 3 lakh cr to govt in FY26: ReportNew Delhi [India], May 17 (ANI): The RBI is expected to transfer a record surplus dividend of Rs 2.7 lakh crore to Rs 3 lakh crore to the govt in FY26, an almost 50 per cent...
Hong Kong Credit Card Lending Declines in Q1 2025, Says HKMA
Terrill Dicki May 16, 2025 01:15 The Hong Kong Monetary Authority reported a 5.8% decrease in credit card lending for Q1 2025, marking a shift from the previous quarter's growth. The Hong Kong Monetary Authority...
Man sentenced to 14 months in prison
A judge on Friday sentenced an Alabama man to 14 months in prison for his role in the January 2024 hack of the Securities and Exchange Commission's X account, which was used to send out a tweet that briefly spiked the price of bitcoin by more than $1,000, the Justice...
Quantum Computing vs. Bitcoin: Is Encryption Really at Risk?
Khushi. V. Rangdhol May 16, 2025 01:45 Quantum computing threatens Bitcoin long-term, but current risks are low. Solutions like PQC and hard forks are being explored. Introduction Bitcoin's security is built...
Supreme Court rules against Trump administration in Alien Enemies Act case
A person walks past the U.S. Supreme Court in Washington, D.C., U.S., April 21, 2025.Kevin Lamarque | ReutersThe Supreme Court on Friday granted a request by Venezuelan nationals seeking to block their removal from the United States under the Alien Enemies Act.In a...
Nvidia and Tesla soar, boosted by Trump’s Middle East tour
(COMBO) This combination of pictures created on January 31, 2025 shows (L) Nvidia CEO Jensen Huang in Las Vegas, Nevada on January 6, 2025, and US President Donald Trump in the Oval Office of the White House in Washington, DC on January 31, 2025. Jensen Huang, CEO of...
GeForce NOW Expands with ‘DOOM: The Dark Ages’ and More
James Ding May 16, 2025 01:52 GeForce NOW adds 'DOOM: The Dark Ages' and other titles for premium members. New updates enhance cloud gaming with improved features and performance. GeForce NOW is set to captivate...
Interbank call market volumes surge to five-year high amid RBI push, ET BFSI
India’s interbank call money market has seen a sharp revival, with average daily volumes rising to Rs 16,490 crore this month — the highest in over five years — even as alternative funding routes remain more attractive for many participants. Volumes on May 5 touched...
Tesla limits investors’ ability to sue over breach of fiduciary duties
Tesla CEO Elon Musk speaks at an opening ceremony for Tesla China-made Model Y program in Shanghai on Jan. 7.Aly Song | ReutersIn a regulatory filing out Friday, Elon Musk-led automaker Tesla announced a change to its corporate bylaws that will limit shareholders...
UK, US working to ensure enduring India-Pakistan ceasefire, dialogue, British foreign minister says
India and Pakistan flags on a cracked surface, divided by a jagged line. The crack symbolizes ongoing tensions and regional conflict. Use for articles on India-Pakistan relations, including diplomacy and geopolitics.Zpagistock | Moment | Getty ImagesBritain is working...
IOTA Advocates for Flexible AML/CTF Reforms in Australia
Luisa Crawford May 16, 2025 02:32 IOTA Foundation supports AUSTRAC's proposed AML/CTF reforms, emphasizing a flexible, risk-based compliance approach to foster innovation while maintaining financial safeguards. ...
Nvidia, Cisco and OpenAI backing UAE Stargate data center project
NVIDIA CEO Jensen Huang attends an 'Investing in America' event held by U.S. President Donald Trump in Washington, D.C., U.S., April 30, 2025. Leah Millis | ReutersU.S. tech giants Nvidia, Cisco and OpenAI are supporting the "UAE Stargate" artificial intelligence data...
Forta and Celo Partnership Elevates Security for Celo Layer 2
Tony Kim May 16, 2025 03:04 Celo partners with Forta to enhance security by integrating AI-driven Forta Firewall into its Layer 2 network, aiming to prevent malicious transactions and ensure a secure blockchain environment. ...
Tech IPO market is finally showing signs of life
Yoni Assia, co-founder and chief executive officer of EToro Group Ltd., center, and Ronen Assia, co-founder of EToro Group Ltd., center left, ring the opening bell during the company's initial public offering at the Nasdaq MarketSite in New York, US, on Thursday, May...
NVIDIA Advances AI-Driven Digital Twins for Enhanced CFD Simulations
Ted Hisokawa May 16, 2025 03:36 NVIDIA's new AI-driven digital twin technology revolutionizes computational fluid dynamics (CFD) simulations, offering up to 50x faster results with enhanced accuracy and efficiency. ...
Apple Pay services resolved after outage, company says
Nurphoto | Nurphoto | Getty ImagesApple users experienced problems with a range of the company's payment features on Friday.Wallet and Apple Pay were the last payment issues to be resolved, according to the company's support site. Earlier in the day, nearly 3,000...
Trump slams Supreme Court, Taylor Swift, Bruce Springsteen
U.S. President Donald J. Trump speaks to media on Air Force One as he departs the Al Bateen Executive Airport on May 15, 2025, in Abu Dhabi, United Arab Emirates. Win Mcnamee | Getty Images News | Getty ImagesPresident Donald Trump took aim at the Supreme Court,...
AI Unveils Key Alzheimer’s Gene and Potential Treatment
James Ding May 16, 2025 03:52 Researchers at UCSD have used AI to identify a gene, PHGDH, as a cause of Alzheimer's, leading to potential new treatment options. Artificial intelligence is revolutionizing the...
CoreWeave pops 60% this week on AI growth momentum, big Nvidia stake
CoreWeave CEO Mike Intrator testifies before the Senate Committee on Commerce, Science, and Transportation in Washington on May 8, 2025. Intrator and fellow tech leaders testified about the global artificial intelligence race and how the United States can remain...
Company would avoid prosecution in DOJ deal
A grounded Boeing 737 Max 9 aircraft at Los Angeles International Airport.Eric Thayer | Bloomberg | Getty ImagesThe Justice Department isn't planning to prosecute Boeing in a case tied to two crashes of the aerospace giant's 737 Max, a person familiar with the matter...
NVIDIA’s cuEmbed Boosts GPU Performance for Embedding Lookups
Caroline Bishop May 16, 2025 04:21 NVIDIA unveils cuEmbed, a CUDA library that significantly enhances embedding lookups on GPUs, promising improved performance for recommendation systems and other applications. ...
Tesla adds long-time Chipotle executive Jack Hartung to board
Jack Hartung, CFO, Chipotle 190604Scott Mlyn | CNBCTesla has appointed long-time Chipotle executive Jack Hartung to its board of directors, effective June 1.As part of the board, Hartung will join Tesla's audit committee, the electric vehicle company disclosed in a...
AI Factories: Unleashing Revenue Potential Through Data Transformation
Terrill Dicki May 16, 2025 04:43 AI factories are revolutionizing industries by converting data into valuable outputs, driving revenue potential through efficient processing and optimized infrastructure, according to NVIDIA. ...
Capital.com Product and Tech head Dana Massey departs
FNG has learned that Dana Massey, Capital.com‘s Chief Product & Technology Officer (and former Chief Marketing Officer), has left the company. Dana Massey joined Capital.com in 2022, as was exclusively reported at the time here at FNG, in its London office as...
Bitcoin (BTC) Surges to $104k as Spot Market Dominates
Timothy Morano May 16, 2025 05:24 Bitcoin's price hits $104k fueled by spot market accumulation and ETF inflows, while derivatives markets lag behind, according to Glassnode. Bitcoin (BTC) has experienced a...
Standard Chartered appoints Jennifer Lassiter as Head of Digital Assets for Europe and Americas
Standard Chartered today announced the appointment of Jennifer Lassiter as Head of Digital Assets, Europe and Americas, based in New York City. Jennifer Lassiter joined the Bank on 5 May 2025, reporting to Rene Michau, Global Head of Digital Assets. In her role, she...
EUR/USD Unchanged Amid Mixed News and Lingering Risks :: InvestMacro
By RoboForex Analytical Department The EUR/USD pair remained steady near 1.1196 on Friday, closing the week with little movement.Key drivers influencing EUR/USDEarlier in the week, the US dollar strengthened as the US-China trade dispute showed signs of easing....
RBI imposes monetary penalty on Deutsche Bank and Yes Bank, ET BFSI
Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 29,60,000 on Yes Bank Limited for non-compliance with certain directions issued by RBI on ‘Financial Statements Presentation and Disclosures'. RBI also imposed a monetary penalty of Rs 50 lakh on...
Novogratz’ Galaxy Digital opens trading on the Nasdaq at $23.50
Mike Novogratz' crypto firm Galaxy Digital started trading on the Nasdaq Friday under the ticker GLXY. The stock opened at $23.50 per share on the U.S. exchange.Galaxy Digital, which has been traded on the Toronto Stock Exchange since 2020, shifted its shares to the...
NVIDIA Enhances Path Tracing in Indiana Jones Game with Opacity MicroMaps and BLAS Compaction
Caroline Bishop May 16, 2025 05:52 NVIDIA's new path tracing optimizations in Indiana Jones™, utilizing Opacity MicroMaps and BLAS compaction, significantly improve GPU performance and reduce VRAM usage. ...
Enterprise Blockchain Solutions: From Concept to Crypto Launch
Enterprise Blockchain SolutionsBlockchain technology has moved far beyond its cryptocurrency origins, becoming a foundation for secure, transparent, and efficient business processes across industries. For enterprises, blockchain offers a robust way to manage data,...
Nvidia says it is not sending GPU designs to China after reports of new Shanghai operation
Founder and CEO at Nvidia Jensen Huang is interviewed by Chairman of the Milken Institute Michael Milken (not pictured) during the Milken Institute Global Conference 2025 in Beverly Hills, California, U.S., May 5, 2025. Mike Blake | ReutersNvidia said it won't be...
Trump says Comey called for ‘assassination of the president’ in ‘8647’ post
A combination of file photos show U.S. President Donald Trump in the White House in Washington, DC, U.S. April 9, 2018 and former FBI Director James Comey on Capitol Hill in Washington, U.S., June 8, 2017.ReutersPresident Donald Trump said Friday that former FBI...
Coinbase teams up with Webull Pay to power crypto experience
Webull Pay has chosen Coinbase as its crypto partner, leveraging Coinbase’s Crypto-as-a-Service (CaaS) platform. Webull Pay will benefit from Coinbase’s institutional-grade custody, advanced trading, USDC, and staking access. Launching in June 2025, the partnership...
Together AI Expands Capabilities with Acquisition of Refuel.ai
Ted Hisokawa May 16, 2025 06:22 Together AI acquires Refuel.ai to enhance data management for AI applications, integrating Refuel's models into its platform to tackle unstructured data challenges. Together AI...
NVIDIA Enhances Path Tracing in Indiana Jones™ with Shader Execution Reordering
Darius Baruo May 16, 2025 06:47 NVIDIA's Shader Execution Reordering (SER) optimizes path tracing in Indiana Jones and the Great Circle™, enhancing performance on GeForce RTX GPUs. NVIDIA has unveiled...
Banxico cut the rate by 0.50%. Natural gas prices fell to a 2-week low :: InvestMacro
The Dow Jones Index (US30) gained 0.21% on Thursday. The S&P 500 Index (US500) added 0.41%. The Nasdaq Technology Index (US100) closed lower by 0.18%. The GE stocks rose by 2.8% as Qatar placed Boeing’s most significant order for wide-body airplanes powered only...
How much a 100% ‘Made in the USA’ vehicle might cost
A 2025 Ford Expedition with bronze trim on April 30, 2025 at the automaker's Kentucky Truck Plant.Michael Wayland | CNBCLOUISVILLE, Ky. — A white 2025 Ford Expedition SUV with bronze exterior trim rolls off the assembly line at Ford Motor's Kentucky Truck Plant. It...
Mike Novogratz describes path to Galaxy Digital’s Nasdaq listing
TORONTO — Mike Novogratz said he spent nearly four years and more than $25 million trying to take crypto firm Galaxy Digital public in the United States."It felt un-American, unfair, infuriating," Novogratz said.Novogratz told CNBC that a process that should take 45...
Nomura to launch ETF track performance of S&P 500 Dividend Aristocrats (USD) TR
Nomura Asset Management Co., Ltd., the core company within the Investment Management Division of Nomura Group, today announced that it will launch a new ETF designed to track the performance of the S&P 500 Dividend Aristocrats (USD) TR. The S&P 500 Dividend...
Apache Spark Workload Acceleration with GPUs: A Predictive Approach
Tony Kim May 16, 2025 07:13 Explore how the Spark RAPIDS Qualification Tool predicts GPU acceleration benefits for Apache Spark workloads, aiding organizations in optimizing data processing tasks efficiently. In...
Wealthy taxpayers get new breaks under House bill and hidden hike
A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. High earners would get a series of tax cuts in the...
Italy’s CONSOB orders blocking of access to six unauthorized investment websites
Italy’s Companies and Exchange Commission (CONSOB) has ordered the blocking of access to six new websites promoting or providing financial services illegally. The websites targeted by the latest orders are: “Fibonachis” (website https://fibonachis.com and related page...
Stablecoins: Transforming Global Payments and the Future of Money
Zach Anderson May 16, 2025 08:23 Explore why stablecoins are set to revolutionize global payments, offering faster, cheaper transactions. Discover the potential impact on the financial system and regulatory challenges. ...
Google opens applications for AI accelerator program in India, startups can apply by June 30, ET BFSI
Google has opened applications for the 2024 edition of its Google for Startups Accelerator: AI First program in India. The initiative, launched with support from the MeitY Startup Hub, is aimed at supporting early-stage Indian startups working in artificial...
INFINOX hires Aditya Singh as Head of Product and Strategy
Leading Retail FX and CFDs broker INFINOX is continuing to make senior management changes around new CEO Lee Holmes, announcing the hiring of experienced industry executive Aditya Singh as the company’s new Head of Product and Strategy. With over a decade of...
Cable companies Charter and Cox to merge
Sopa Images | Lightrocket | Getty ImagesCharter Communications and Cox Communications, two of the largest cable companies in the U.S., have entered into an agreement to merge. The deal would be one of the largest in the industry – and across corporate America – in the...
Gala Music Launches The Hot Box Mystery Box with Exclusive NFTs and Rewards
Jessie A Ellis May 16, 2025 09:16 Gala Music unveils The Hot Box Mystery Box, featuring exclusive music NFTs, digital rewards, and surprise giveaways in collaboration with Metaflora and LionHeart Entertainment. ...
THORChain Announces Mainnet Upgrade to Version 3.6.0
Zach Anderson May 16, 2025 10:23 THORChain plans a minor Mainnet upgrade to version 3.6.0, focusing on Rujira contract checksum updates, scheduled for May 22, 2025. THORChain has announced a Mainnet upgrade to...
Microsoft offers to sell Office without Teams to placate EU regulators
The Microsoft Teams app on a laptop arranged in New York, US, on Tuesday, June 25, 2024. Gabby Jones | Bloomberg | Getty ImagesMicrosoft offered to unbundle its Office 365 and Microsoft 365 software suites from its Teams workplace communication app to address...
Smart Contracts vs Traditional Contracts: Key Differences Explained
In the evolving world of business agreements, the shift from traditional contracts to smart contracts is a topic of growing interest. For businesses considering new ways to manage agreements, understanding the differences between these two approaches is essential....
India asks IMF to reconsider Pakistan programme over ‘terror funding’, ET BFSI
Srinagar, May 16, 2025 -Indian Defence Minister Rajnath Singh said Friday the International Monetary Fund (IMF) should reconsider a one billion dollar loan to Pakistan, alleging Islamabad was "funding terror".India and Pakistan last week clashed in the worst military...
Trump birthday military parade could cost $45 million
Members of the military stand as US President Donald Trump reviews the troops in Emancipation Hall during inauguration ceremonies at the US Capitol in Washington, on January 20, 2025. Jim Watson | AFP | Getty ImagesAn upcoming military parade in Washington, D.C., to...
How to Start Your Blockchain Career in 30 Days?
You can become the next big asset for companies in the blockchain labor market. Don’t you want to know the benefits of becoming a part of the next technological revolution? The discussions about blockchain technology started with the arrival of cryptocurrencies,...
The U.S. has struggled for crypto clarity. Canada may have the answer
TORONTO — Canada has quietly become a global leader in digital assets.Canada was among the first countries to enact rules for crypto, starting with anti-money laundering guidelines in 2014. The country has repeatedly evolved its regulatory guidance in recent years,...
ASIC cancels AFS licence of SME Crowdfunder
The Australian Securities and Investments Commission (ASIC) has cancelled the Australian financial services (AFS) licence of SME Crowdfunder Pty Ltd. The licence was cancelled because SME had ceased providing financial services and had not provided any financial...
Gig economy surges 38% in FY25 as firms tap project-based talent, ET BFSI
For the third straight year, technology (25per cent ) led demand for freelance talent, driven by the rise of AI, data-led decision making, and digital transformation.New Delhi: Despite global uncertainty and a cautious job market, demand for consultants and...
Gala Games Unveils Brock Moneyman Mystery Box with Unique VEXI Characters
Luisa Crawford May 16, 2025 09:47 Gala Games introduces the Brock Moneyman Mystery Box featuring VEXI characters of varying rarity, offering a unique gaming experience. Limited supply available from May 15, 2025. ...
Cerebras CEO says chipmaker’s ‘aspiration’ is to hold IPO in 2025
Toronto , Canada - 20 June 2024; Andrew Feldman, co-founder and CEO of Cerebras Systems, speaks at the Collision conference in Toronto on June 20, 2024.Ramsey Cardy | Sportsfile | Collision | Getty ImagesCerebras CEO Andrew Feldman said his hope is to take his company...
Prosecutors charge 13 men in crypto theft ring
Malone Lam, a defendant in a $230 million bitcoin heist, in a booking photo from the Broward County Sheriff's Office in Florida.Broward County Sheriff's OfficeFederal prosecutors in Washington, D.C., charged 13 men in what court records describe as a wide-ranging...
Fortnite is now offline on iOS as Apple blocks game, Epic Games says
Jakub Porzycki | Nurphoto | Getty ImagesFortnite is now unavailable on iOS globally, Epic Games said Friday, after Apple blocked a bid to reinstate the popular game on the App Store in the U.S."Apple has blocked our Fortnite submission so we cannot release to the US...
GTCFX hires Alpari’s Mikhail Seliverstov as CCO
FNG has learned that longtime Alpari executive Mikhail Seliverstov has moved to Retail FX and CFDs broker GTCFX, as GTCFX’s new Chief Commercial Officer (CCO). Mikhail Seliverstov had been with Alpari, initially in Russia and later based out of Dubai, since 2011,...
Ravens QB Lamar Jackson uses horse racing to build up Baltimore
Lamar Jackson with the winners of the 2025 NTL Kickoff Race.Courtesy: National Thoroughbred LeagueBaltimore Ravens quarterback Lamar Jackson has a singular goal both on the football field and as owner of the Maryland Colts horse racing franchise in the National...
ICYMI: Wisconsin sells entire bitcoin ETF position after early bet on BlackRock fund
ICYMI, overnight reports that the State of Wisconsin Investment Board (SWIB) has exited its position in BlackRock’s iShares Bitcoin Trust ETF (IBIT), divesting over six million shares during the first quarter of 2025. According to a recent filing with the U.S....
NBFCs outpace banks in lending MSMEs, growth will continue to persist: CareEdge, ET BFSI
NBFCs outpace banks in lending MSMEs, growth will continue to persist: CareEdgeNew Delhi [India], May 16 (ANI): Lending by MSMEs witnessed robust growth in recent years, with Non-Banking Financial Companies (NBFCs) emerging as the front-runners, outpacing the growth...
U.S., UAE agree on path for Emirates to buy top American AI chips, Trump says
U.S. President Donald Trump signs a guest book next to United Arab Emirates President Sheikh Mohamed bin Zayed Al Nahyan, at Qasr Al Watan, in Abu Dhabi, United Arab Emirates, May 15, 2025. Brian Snyder | ReutersABU DHABI, United Arab Emirates — The U.S. and United...
dYdX Unveils Isolated Markets and Margin for Enhanced Trading Flexibility
Timothy Morano May 16, 2025 08:38 dYdX introduces isolated markets and isolated margin in its latest software update, expanding market options and improving risk management for traders. dYdX, a leading...
China calls U.S. trade talks ‘good’ as Trump hints at Xi call
U.S. Secretary of the Treasury Scott Bessent, China's Vice Minister of Finance Liao Min, U.S. Trade Representative Jamieson Greer, and China's International Trade Representative and Vice Minister of Commerce Li Chenggang, meet on the day of a bilateral meeting between...
Kakao Pay Securities integrates TradingView charts
TradingView has announced its partnership with Kakao Pay, a fast-growing South Korean investment platform, which has just integrated TradingView’s Trading Platform library into its mobile interface. Kakao Pay Securities, a subsidiary of the broader Kakao Pay...
Musk’s xAI Grok white genocide posts violated ‘core values’
Muhammed Selim Korkutata | Anadolu | Getty ImagesElon Musk's xAI on Thursday evening made its first public comment about the latest controversy surrounding Grok, writing in a post on X that an "unauthorized modification" caused the chatbot to generate variations of a...
Insolvency and Bankruptcy Code recoveries rise 42% to Rs 67,000 crore in FY25, ET BFSI
Creditors recovered over Rs 67,000 crore from companies undergoing bankruptcy proceedings in the financial year 2024-25 (FY25), marking the highest annual recovery under India’s Insolvency and Bankruptcy Code (IBC), according to data from the National Company Law...
Bitcoin Futures Analysis with tradeCompass
Instrument in Focus: Micro Bitcoin Futures (closely tracking Bitcoin futures and spot BTC)Whether you're trading micro Bitcoin futures, standard BTC futures, CFDs, or perpetuals on your preferred platform, this Bitcoin analysis is designed to align with futures price...
FX option expiries for 16 May 10am New York cut
There are a couple to take note of on the day, as highlighted in bold.They are all for EUR/USD with a mega one in particular being at the 1.1200 level. That will be of much interest in keeping price action closer to the figure level before rolling off later in the...
TikTok turns to meditation as it battles lawsuits and criticism
Jaap Arriens | Nurphoto | Getty ImagesPlagued with allegations and lawsuits of harming users' mental health, especially that of children, social media sensation TikTok has decided to turn to meditation — or, rather, guide its users to the calming effects of deep...
Cava (CAVA) Q1 2025 earnings
A customer exits a Cava restaurant in New York City on June 22, 2023.Brendan McDermid | ReutersCava on Thursday reported better-than-expected sales in its latest fiscal quarter, shaking off the malaise the broader restaurant industry has felt as consumers have cut...
Saudi Arabia, Qatar UAE go all out
Qatar's Emir Sheikh Tamim bin Hamad al-Thani (L) receives US President Donald Trump in the Qatari capital Doha on May 14, 2025. Brendan Smialowski | Afp | Getty ImagesABU DHABI, United Arab Emirates — If the Arab Gulf states were to hold a popularity contest right...
Enhancing Cloud-Based Data Science with NVIDIA CUDA-X and Coiled
Ted Hisokawa May 16, 2025 08:08 Explore how NVIDIA CUDA-X and Coiled streamline cloud-based data science, offering significant computational speedups and simplifying infrastructure management for data scientists. ...
How Total Wine Is Powering The Delaware Craft Beverage Scene
Delaware craft beverages are gaining serious attention, and Total Wine’s local investment is helping the industry grow. While many shoppers know Total Wine & More as the country’s largest independent alcohol retailer, fewer realize its roots are in Delaware. The...
FINRA fines Honeycomb Portal for alleged rule violations
Honeycomb Portal LLC has agreed to pay a fine of $140,000 as a part of a settlement with the Financial Industry Regulatory Authority (FINRA). Between March 2021 and January 2023, Honeycomb acted as an intermediary for an issuer (Issuer A) in two Reg CF offerings. A...
Stellar (XLM)’s Dev Diaries: From Hackathon to Mainnet Launch
Rongchai Wang May 16, 2025 07:41 Explore the journey of developers on the Stellar (XLM) Network as they transition from hackathon wins to launching their product on mainnet in Stellar's Dev Diaries Episode 2. ...
RBI’s board reviews its capital framework, BFSI News, ET BFSI
MUMBAI: The way RBI calculates the dividend it pays to govt may soon change, with the central board of directors reviewing the economic capital framework at its meeting here on Thursday. The meeting was chaired by governor Sanjay Malhotra and comes five years after...
Trump gift problematic, Sen. Susan Collins says
US Senator Susan Collins, Republican from Maine, questions Secretary of Health and Human Services Robert F. Kennedy Jr., during a Senate Committee on Health, Education, Labor, and Pensions hearing on the President's proposed budget request for fiscal year 2026 for the...
Champions Arena Kicks Off May Mayhem 2025 with Exciting In-Game Events
Peter Zhang May 14, 2025 07:22 Champions Arena launches May Mayhem 2025 with competitive PvP events, exclusive rewards, and special deals, enhancing player engagement and competition. Champions Arena is heating...
White House announces AI data campus partnership with the UAE
UAE President Sheikh Mohamed bin Zayed Al Nahyan (R) welcomes his US counterpart Donald Trump upon arrival at the presidential terminal in Abu Dhabi on May 15, 2025. Anadolu | Anadolu | Getty ImagesThe U.S. and United Arab Emirates are partnering on a massive...
Smart Shopping This Summer: Saving on Goods and Cars
As we head into summer with long weekends and vacation vibes ahead, it’s also a savvy time to think about your spending, especially on larger purchases like appliances for your home or even a new car. You might have noticed that the prices of various items can...
NVIDIA’s FP4 Image Generation Boosts RTX 50 Series GPU Performance
Terrill Dicki May 14, 2025 07:53 NVIDIA's latest TensorRT update introduces FP4 image generation for RTX 50 series GPUs, enhancing AI model performance and efficiency. Explore the advancements in generative AI technology. ...
The Hidden Cost of Convenience: Why “Buy Now, Pay Later” Could Be Hurting Your Financial Health
DoorDash just partnered with Klarna, which means you can now order a Chipotle burrito and pay for it in four easy installments. Yes, really.People are talking about this because some see it as a recession indicator, others as the next, inevitable conquest of our lives...
AI voice messages impersonating U.S. officials: FBI
FBI Director Kash Patel testifies during a House Commerce, Justice, Science, and Related Agencies Subcommittee hearing on the 2026 agency's budget request on Capitol Hill in Washington, DC, on May 7, 2025. Oliver Contreras | AFP | Getty ImagesThe FBI on Thursday...
Capital.com client trading volumes rise 11% in Q1 2025 to $656 billion
Leading global trading platform and fintech group Capital.com has announced strong trading activity in the first quarter of 2025, marking a solid start to the year amid global market volatility and heightened client demand. Trading volumes For the period 1 Jan 2025 to...
Visa Utilizes AI to Enhance Payment Security and Personalization
Timothy Morano May 14, 2025 09:00 Visa is leveraging AI to improve fraud prevention and personalize payment services, enhancing security and user experience for its vast global network. Visa is integrating...
YouTube launches weekly top podcast list to rival Spotify and Apple
A Youtube podcast microphone is seen at the Variety Podcasting Brunch Presented By YouTube at Austin Proper Hotel on March 8, 2025 in Austin, Texas. Mat Hayward | Variety | Getty ImagesYouTube is solidifying its place in podcasts.The company on Thursday announced the...
China keeps rare earth exports control for United States
U.S. Secretary of the Treasury Scott Bessent shakes hands with Chinese Vice Premier He Lifeng during the bilateral meeting between the U.S. and China, in Geneva, Switzerland, on May 11, 2025.Keystone/eda/martial Trezzini | Via ReutersChina has temporarily paused...
Walmart to increase some prices due to Trump tariffs
People shop for produce at a Walmart in Rosemead, California, on April 11, 2025. Frederic J. Brown | Afp | Getty ImagesPrice increases are coming soon to a Walmart near you.On Thursday, Walmart CFO John David Rainey warned investors that even the retail giant known...
Standard Chartered opens representative office in Morocco
Standard Chartered today announced the opening of its new representative office in Morocco, further expanding its footprint across the Middle East and North Africa region. The launch follows the licence approval from Bank Al-Maghrib and the award of the Casablanca...
NVIDIA Unveils Llama-Nemotron Dataset to Enhance AI Model Training
Alvin Lang May 14, 2025 09:32 NVIDIA has released the Llama-Nemotron dataset, containing 30 million synthetic examples, to aid in the development of advanced reasoning and instruction-following models. NVIDIA...
CoreWeave CEO defends high capex, says it is meeting ‘demand signals’
Michael Intrator, founder and CEO of CoreWeave Inc., Nvidia-backed cloud services provider, attends his company's IPO at the Nasdaq Market in New York City on March 28, 2025.Brendan McDermid | ReutersCoreWeave shares jumped more than 5% Thursday as the renter of...
Bitfinex Enhances User Experience with Version 1.115 Update
Iris Coleman May 14, 2025 10:08 Bitfinex's latest update, Version 1.115, introduces significant improvements and bug fixes to enhance platform performance and user experience, according to blog.bitfinex.com. ...
Piper Sandler leads latest Small-Cap Stock System Scores :: InvestMacro
By InvestMacro Research | Stock Market IdeasThe second quarter of 2025 is underway and we wanted to highlight three of the top small-cap companies that have been just recently added to our Cosmic Rays Watchlist. Today’s group includes a financial services company, an...
‘Sometimes you just get had’ — what Apple can to do to appease Trump
Apple may have only one way out of the rock and a hard place it finds itself in during President Donald Trump's second administration, CNBC's Jim Cramer said Thursday. "Unless [Apple CEO Tim Cook] builds some plant here to make phones, I don't think it is going to...
eToro to offer retirement and life insurance products in France via Generali
Newly public online broker eToro (NASDAQ:ETRO) is expanding its client product offering, at least in France. eToro has announced a new partnership with Generali, a major player in the French life insurance market, to offer its users in France a life insurance contract...
Grok AI chatbot says it ‘was instructed’ to discuss ‘white genocide’
Tesla CEO Elon Musk attends the Saudi-U.S. Investment Forum, in Riyadh, Saudi Arabia, May 13, 2025. Hamad I Mohammed | ReutersThe Grok chatbot from Elon Musk's xAI startup said Wednesday that it "appears I was instructed to address the topic of 'white genocide' in...
Understanding the Challenges of Crypto Adoption: Insights from Worldcoin
Lawrence Jengar May 14, 2025 10:52 Explore the challenges and strategies for crypto adoption as seen in Worldcoin's U.S. launch, emphasizing real utility, infrastructure adaptation, and effective execution. As...
Dick’s Sporting Goods to acquire Foot Locker for $2.4 billion
Dick's Sporting Goods said Thursday it plans to acquire rival Foot Locker as it looks to expand its international presence, win over a new set of consumers and corner the Nike sneaker market. Under the terms of the agreement, Dick's will use a combination of...
Momentum Needed for New Buying Opportunities :: InvestMacro
By RoboForex Analytical Department The GBP/USD pair has again lost direction, hovering around 1.3283 on Thursday after hitting a seven-day high mid-week.Key drivers influencing GBP/USD movementThe US dollar weakened on Wednesday, allowing the pound to regain ground....
Canaan Inc. Reports on April 2025 Bitcoin Mining and Production Achievements
Caroline Bishop May 14, 2025 12:52 Canaan Inc. reveals its latest bitcoin mining and production updates for April 2025, highlighting global operational advancements and strategic expansions. Canaan Inc. (NASDAQ:...
ADSS / Saxo alum Patrick Wallis joins Tickmill UK to head Marketing
FNG has learned that experienced FX and CFDs industry executive Patrick Wallis has joined Tickmill UK, as Head of Marketing. Patrick Wallis, who is based in London, joins Tickmill from UAE based broker ADSS, where he served as Head of Brand and Communications for the...
CoreWeave (CRWV) Surpasses Expectations with Q1 2025 Financial Results
Tony Kim May 14, 2025 13:20 CoreWeave, Inc. reports a strong Q1 2025, driven by demand for its AI platform, strategic partnerships, and significant revenue growth, despite challenges in operating income. ...
Elon Musk America PAC didn’t pay voters who signed petition: lawsuit
Elon Musk speaks during a campaign rally for Republican presidential nominee and former U.S. President Donald Trump at Madison Square Garden in New York City on Oct. 27, 2024.Anna Moneymaker | Getty ImagesElon Musk's America PAC didn't keep its promise to pay swing...
GitHub Faces Service Disruptions in April 2025 Due to Multiple Incidents
Darius Baruo May 14, 2025 13:41 GitHub's services experienced three significant disruptions in April 2025 due to configuration errors and database resource contention, affecting Codespaces users and causing migration service...
Traders have lowered expectations of further easing from the RBA. Oversupply puts pressure on oil :: InvestMacro
The US stocks ended Wednesday trading mixed as investors weighed changing trade policies and recent strength in the technology sector. The Dow Jones Index (US30) was down 0.21% at Wednesday’s close. The S&P500 Index (US500) added 0.10%. The Nasdaq Technology Index...
Trump presses Supreme Court on birthright citizenship
FILE PHOTO: A view of the U.S. Supreme Court in Washington, U.S., July 19, 2024.Kevin Mohatt | ReutersPresident Donald Trump on Thursday again argued for an end to birthright citizenship in the United States, hours before the Supreme Court is set to hear arguments on...
Klarna CEO says AI helped company shrink workforce by 40%
Pedestrians walk by an advertisement for Klarna.Daniel Harvey Gonzalez | In Pictures via Getty ImagesKlarna CEO Sebastian Siemiatkowski said the company has managed to shrink its headcount by about 40%, in part due to investments in artificial intelligence and natural...
How unaffordable the housing market is and where it’s getting worse
Ever since the epic run on housing in the first years of the pandemic, fueled by record-low mortgage rates, the market has been plagued by low supply and high prices.Prices in March were 39% higher nationally than they were in March 2019, pre-pandemic, according to...
Israel-Hamas conflict a potential business risk in eToro IPO filing
Yoni Assia, Co-Founder and CEO of eToro, speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 2, 2023. Patrick T. Fallon | Afp | Getty ImagesIn eToro's IPO filing, ahead of the company's market debut on Wednesday, the stock trading...
Coinbase confirms $20M extortion attempt
Cyber criminals bribed and recruited a group of rogue overseas support agents to steal Coinbase customer data to facilitate social engineering attacks. These insiders abused their access to customer support systems to steal the account data for a small subset of...
Render Network Unveils April 2025 Ecosystem Developments and Strategic Partnerships
Rebeca Moen May 14, 2025 14:54 The Render Network Foundation's April 2025 report highlights ecosystem metrics, governance proposals, strategic partnerships, and product updates, showcasing the network's evolution in AI and 3D...
Latest China AI chip export rules are yet another obstacle for Nvidia
Nvidia announced an agreement with Saudi Arabia on Tuesday to develop the kingdom's artificial intelligence capabilities, a sign of its expanding global strategy.The partnership goes beyond the AI chip leader's conventional Western collaborations and may serve as a...
Marex Group registers 28% Y/Y growth in revenues in Q1 2025
Marex Group plc (NASDAQ:MRX) a diversified global financial services platform, providing essential liquidity, market access and infrastructure services to clients in the energy, commodities and financial markets, today reported financial results for the first quarter...
YouTube Gemini AI feature will target ads when viewers most engaged
People walk by a YouTube logo as Google celebrates the 20th anniversary of the first video uploaded to YouTube, at the company's corporate headquarters in San Bruno, California, on April 23, 2025.Josh Edelson | AFP | Getty ImagesYouTube on Wednesday announced a new...
VEXI Villages Introduces Leaderboards with $GALA Token Rewards
Tony Kim May 14, 2025 17:00 Gala Games launches leaderboards in VEXI Villages, offering $GALA token rewards for top players. Participate by fulfilling visitor needs and climbing the ranks. Gala Games is set to...
Why Bill Gates’ pledge to donate his money is harder than it seems
A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Microsoft co-founder Bill Gates announced one week...
SBI calls for more Smart Cities and AMRUT projects, ET BFSI
The government should ramp up efforts on programmes like the Smart Cities Mission and AMRUT to promote greener urban development and strengthen ecological resilience, a new report by the State Bank of India (SBI) recommended.According to the report, these initiatives...
Cisco (CSCO) Q3 earnings report 2025
Cisco reported earnings and revenue that topped analysts' estimates on Wednesday and issued guidance that also exceeded Wall Street's predictions.Here's how the company did in comparison with LSEG consensus:Earnings per share: 96 cents adjusted vs. 92 cents...
FCA cancels Fidelity Payment Services registration as small payment institution
The UK Financial Conduct Authority (FCA) today cancelled Fidelity Payment Services Ltd’s registration as a small payment institution (SPI). The cancellation, which is in accordance with the Payment Services Regulations 2017 (“the PSRs”). The FCA explained that the...
Cyber firm Proofpoint to buy Europe’s Hornetsecurity as it eyes IPO
Pavlo Gonchar | Lightrocket | Getty ImagesCybersecurity firm Proofpoint announced Thursday it will acquire Germany-based competitor Hornetsecurity for $1 billion to strengthen its European presence as it explores a return to public markets.The deal marks the largest...
Bombas taps Jason LaRose as new CEO
Bombas founder David Heath is stepping down from his role as CEO as the socks and T-shirt company looks to expand beyond its direct-to-consumer roots.Bombas President Jason LaRose, a former Under Armour and Equinox executive, will take over as the company's next CEO...
Trump joined by dozens of CEOs during his Middle East trip
U.S. President Donald Trump and Boeing CEO Kelly Ortberg attend a signing ceremony with Qatar's Emir Tamim bin Hamad Al Thani (not pictured), in Doha, Qatar, May 14, 2025. Brian Snyder | ReutersMore than 30 business leaders representing America's top companies joined...
Manta Network Unveils ETH Pool on Stargate for Seamless Cross-Chain Transactions
Timothy Morano May 14, 2025 20:04 Manta Network launches its ETH pool on Stargate, enhancing cross-chain interoperability and expanding DeFi opportunities through seamless ETH transfers. Manta Network has...
How Giving a TEDx Talk Can Benefit Your Business with Dr. Dan Young » Succeed As Your Own Boss
In this episode, Melinda Emerson welcomes Dr. Dan Young to discuss the art of crafting and promoting a successful TED Talk. Dr. Dan shares insights into his own TED Talk journey, detailing its background and the impact it has had. He provides valuable strategies for...
Ethereum (ETH) Pectra Upgrade: Impact on Blobs and Rollup Costs
Zach Anderson May 14, 2025 20:33 Ethereum's Pectra upgrade has increased blob capacity, impacting the blob market, rollups, and ETH burning. Discover the implications for data availability and rollup economics. ...
Assassins Creed maker Ubisoft (UBI) stock plunges on dismal outlook
Artwork for Ubisoft's upcoming "Assassin's Creed Shadows" game.John Keeble | Getty ImagesShares of Ubisoft sank 18% on Thursday after the French video game firm reported full-year earnings that disappointed investors.Ubisoft reported a 20.5% drop in net bookings for...
State Street Global Advisors announces strategic partnership with smallcase
State Street Global Advisors (SSGA), the asset management arm of State Street Corporation (NYSE:STT), announced a strategic relationship with smallcase, India’s largest model portfolios platform. The collaboration is part of SSGA’s strategic investment in smallcase...
Germany backs Trump’s push for 5% NATO defense spending target
Johann Wadephul (CDU), Federal Foreign Minister, makes a statement during an informal meeting of NATO foreign ministers.Sebastian Gollnow/picture alliance via Getty ImagesGermany is backing U.S. President Donald Trump's call to increase the defense spending target of...
Alibaba earnings report fiscal Q4 2025
The Alibaba office building in Nanjing, Jiangsu province, China, on Aug. 28, 2024.CFOTO | Future Publishing | Getty ImagesAlibaba shares fell on Thursday after the Chinese e-commerce giant missed earnings expectations for its fiscal fourth quarter on both the top and...
Utilities choosing coal, solar, nuclear or other power sources have a lot to consider, beyond just cost :: InvestMacro
By Erin Baker, UMass Amherst and Paola Pimentel Furlanetto, UMass Amherst The Trump administration is working to lift regulations on coal-fired power plants in the hopes of making its energy less expensive. But while cost is one important aspect, utilities have a lot...
Exploring the Complex Equation a/(b+c) + b/(c+a) + c/(a+b) = 4
Luisa Crawford May 13, 2025 04:49 Delve into the intriguing mathematical puzzle of a/(b+c) + b/(c+a) + c/(a+b) = 4, exploring solutions and connections to elliptic curves. The equation a/(b+c) + b/(c+a) +...
CoreWeave (CRWV) Q1 2025 earnings report
Artificial intelligence infrastructure provider CoreWeave reported better-than-expected revenue on Wednesday in the company's first earnings release since going public.CoreWeave also called for faster growth than expected for this year.Here's how CoreWeave did in...
SAT ruling protects compliance officers from liability in corporate fraud cases, ET BFSI
SAT ruling protects compliance officers from liability in corporate fraud casesA recent ruling by the Securities Appellate Tribunal (SAT) has brought relief to compliance officers-the gatekeepers of regulatory and policy adherence in companies. The tribunal recently...
Trump told Tim Cook he doesn’t want Apple building iPhones in India
Donald Trump speaks alongside Apple CEO Tim Cook (L) during the first meeting of the American Workforce Policy Advisory Board in the State Dining Room of the White House in Washington, DC, March 6, 2019.Saul Loeb | AFP | Getty ImagesU.S. President Donald Trump on...
Marex exec Nick Scarf replaces Sean Murphy as CEO of Plus500 Australia
FNG has learned that Israel based online trading group Plus500 (LON:PLUS) has made a change in the C-Suite of its ASIC licensed subsidiary in Australia, hiring Nick Scarf as CEO of Plus500AU Pty Ltd. Nick replaces Sean Murphy in the role as CEO of Plus500 Australia....
Amazon lays off about 100 employees in devices and services unit
An Amazon device is displayed at an Amazon Devices launch event in New York City on Feb. 26, 2025.Brendan McDermid | ReutersAmazon is laying off roughly 100 employees in its devices and services division, the company confirmed Wednesday.The devices and services unit...
Stablecoin Trends: Insights from Industry Giants Stripe, Visa, and Coinbase
Rongchai Wang May 15, 2025 04:38 Explore recent developments in the stablecoin sector with insights from industry leaders Stripe, Visa, and Coinbase. Discover the evolving landscape and future prospects of stablecoins. ...
Sri Lanka: Sri Lanka restructures nearly $931 million in credit lines with India, ET BFSI
Sri Lanka restructures nearly $931 million in credit lines with IndiaBy Uditha JayasingheCOLOMBO, - Sri Lanka has restructured nearly $931 million in lines of credit and buyers' credit facility agreements with the Indian government, the island nation's finance...
Reddit co-founder Alexis Ohanian takes stake in Chelsea FC Women
Alexis Ohanian, Principal Owner, Angel City Football Club & Los Angeles Golf Club, looks on during a conversation with Olympic sprinter Gabby Thomas during the Business of Women Sport Summit presented by Deep Blue Sports and Axios at Chelsea Factory on April 23,...
Nuvei to enable ecommerce businesses to accept EPI’s digital wallet Wero
Canadian fintech company Nuvei announced today its membership in the European Payments Initiative (EPI), becoming one of the first payment services providers to enable ecommerce businesses to accept Wero, EPI’s innovative digital wallet, in their online checkouts....
Tencent bets on WeChat empire to get ahead in China AI race
China has not released specific regulation around non-fungible tokens. But technology platforms like Tencent's WeChat are taking a cautious approach to prevent speculation with NFTs.Sopa Images | Lightrocket | Getty ImagesTencent's WeChat app is indispensable for...
FICCI urges RBI to retain NBFC-centric co-lending model, warns changes may hurt credit, jobs, ET BFSI
Mumbai: Industry body FICCI has written to the Reserve Bank of India (RBI), urging it to retain the existing co-lending rules that allow non-banking financial companies (NBFCs) to originate loans and later sell up to 80% of those to banks. The appeal comes in response...
Ten reasons why gold prices may continue to stay strong, BFSI News, ET BFSI
Despite recent softness in bullion prices, the outlook for gold remains broadly positive. A confluence of macroeconomic pressures, strategic buying patterns, and structural market dynamics continue to provide strong tailwinds. Here are ten compelling reasons why gold...
FX option expiries for 15 May 10am New York cut
There are a couple to take note of on the day, as highlighted in bold.The first one is for EUR/USD at the 1.1200 level. That might act as a bit of a magnet in trapping price action in between its key hourly moving averages in the session ahead at least. That...
India approves Apple-supplier Foxconn’s $433 million chip joint venture
In this photo illustration, a Foxconn logo is seen displayed on a smartphone.Sopa Images | Lightrocket | Getty ImagesFoxconn, the world's largest contract electronics manufacturer, has received approval from the Indian government to build a semiconductor plant in a...
Walmart (WMT) Q1 2026 earnings
People shop at a Walmart in Rosemead, California, on April 11, 2025. Frederic J. Brown | Afp | Getty ImagesWalmart will report its quarterly earnings before the bell on Thursday, as investors and economists gauge the strength of the U.S. consumer and the impact of...
BitMEX Introduces LAUNCHCOINUSDT Perpetual Swap with 12.5x Leverage
Felix Pinkston May 15, 2025 05:13 BitMEX has launched the LAUNCHCOINUSDT perpetual swap, allowing traders to leverage up to 12.5x. The listing went live on May 15, 2025, enhancing trading opportunities. BitMEX,...
European Stability Mechanism selects Eurex Clearing for voluntary clearing of interest rate swaps
The European Stability Mechanism (ESM) has selected Eurex Clearing to voluntarily clear over-the-counter (OTC) interest rate swaps. By voluntarily committing to CCP clearing, the ESM’s decision contributes to the objectives of EMIR 3.0 and significantly strengthens...
LangChain’s Interrupt 2025: A New Era for AI Agents
Luisa Crawford May 15, 2025 05:34 LangChain's first AI Agent Conference, Interrupt 2025, showcased new product launches and industry insights. Key themes included agent engineering and AI observability. ...
RBI pitches for email, phone numbers in bank A/c nomination, BFSI News, ET BFSI
New Delhi: To further safeguard depositors' interests, the Reserve Bank of India has sought suggestions from banks on adding nominees' email and phone numbers to existing bank nomination forms. With the passage of the Banking Laws (Amendment) Bill, 2024, bank account...
New York AG James sues Capital One after Trump’s CFPB drops claims
The logo for consumer lending firm Capital One Financial Corp. is seen on its headquarters in McLean, Virginia, on Jan. 20. 2023.Win Mcnamee | Getty Images News | Getty ImagesNew York Attorney General Letitia James sued Capital One on Wednesday, accusing the bank of...
Musk’s xAI chatbot Grok is posting about ‘white genocide,’ South Africa
Jonathan Raa | Nurphoto | Getty ImagesThe Grok chatbot from Elon Musk's xAI startup is responding to user queries with unrelated comments about the controversial topic of "white genocide" and South Africa.CNBC on Wednesday found numerous instances of Grok discussing...
Bitcoin (BTC) Surges Past $100,000 Amid Favorable Market Conditions
Timothy Morano May 13, 2025 05:25 Bitcoin has surpassed the $100,000 mark for the first time in over three months, driven by macroeconomic factors such as easing tariff tensions and a dovish Federal Reserve stance. ...
Netflix ad tier has 94 million monthly active users
Netflix said Wednesday its cheaper, ad-supported tier now has 94 million monthly active users — an increase of more than 20 million since its last public tally in November.The company and its peers have been increasingly leaning on advertising to boost the...
BNB Chain Announces Winners at Dubai Demo Day
Lawrence Jengar May 13, 2025 05:42 BNB Chain's Demo Day in Dubai, held during Token 2049, celebrated blockchain innovation, announcing winners from various projects judged by industry experts. The BNB Chain...
Challenges to high-performance computing threaten US innovation :: InvestMacro
By Jack Dongarra, University of Tennessee High-performance computing, or HPC for short, might sound like something only scientists use in secret labs, but it’s actually one of the most important technologies in the world today. From predicting the weather to finding...
BNB Chain Ecosystem Expands with New Projects and Key Metrics
Rongchai Wang May 13, 2025 06:09 Explore the latest developments on the BNB Chain, including key metrics, new projects, and major ecosystem updates, as detailed in the BNB Chain weekly report. The BNB Chain...
Tech companies are prioritizing AI products over safety, experts say
Sam Altman, co-founder and CEO of OpenAI and co-founder of Tools for Humanity, participates remotely in a discussion on the sidelines of the IMF/World Bank Spring Meetings in Washington, D.C., April 24, 2025.Brendan Smialowski | AFP | Getty ImagesNot long ago, Silicon...
Stablecoins Gain Traction Amidst Market Innovations and Partnerships
Joerg Hiller May 13, 2025 06:33 Stablecoins are experiencing significant growth with new product launches and partnerships, reflecting their increasing importance in the crypto ecosystem. Stablecoins: A Surge in...
How to Talk to Your Partner About Money
As a great philosopher once said about managing money with a partner: Stop. Collaborate and listen.Wait, no. That was Vanilla Ice and it wasn’t about managing money, but my point still stands. It’s good advice in many situations, up to and including how to talk to...
Stock trading app eToro IPOs, debuts on Nasdaq
Omar Marques | Sopa Images | Lightrocket | Getty ImagesShares of stock brokerage platform eToro popped in their Nasdaq debut on Wednesday after the company raised almost $310 million in its IPO.The stock opened at $69.69, or 34% above its initial offering price,...
NVIDIA NeMo Enhances Hugging Face Model Integration with AutoModel Feature
Rebeca Moen May 13, 2025 07:00 NVIDIA's NeMo Framework introduces AutoModel for seamless integration and enhanced performance of Hugging Face models, enabling rapid experimentation and optimized training. NVIDIA...
Euronext registers 30.4% Y/Y increase in FX trading revenue in Q1 2025
European capital market infrastructure Euronext today posted its results for the first quarter of 2025. FX trading revenue was up 30.4%, at €9.2 million in the first quarter of 2025, reflecting record trading volumes, and a positively geared volume mix. Fixed income...
Boeing strikes ‘largest-ever’ 787 jet order with Qatar Airways, White House says
U.S. President Donald Trump, Qatar's Emir Tamim bin Hamad Al Thani and Boeing CEO Kelly Ortberg attend a signing ceremony in Doha, Qatar, May 14, 2025. Brian Snyder | ReutersBoeing and GE Aerospace secured a $96 billion agreement to sell Qatar Airways up to 210...
eToro IPO prices: $620 million offering at $4.26 billion valuation
Israel based online trading provider eToro has announced the successful pricing of its initial public offering (IPO), which saw the sale of 11,923,018 eToro Class A common shares at a public offering price of $52 per share – for a total offering size of $620 million....
Zen Blocks: Revolutionizing Generative Art with Blockchain and Render Network
Iris Coleman May 13, 2025 09:31 Discover how Muhammet Altun utilizes blockchain and Render Network to innovate his Zen Blocks generative art series, enhancing scalability and visual complexity. Muhammet Altun, a...
New Uber features include a way for riders to avoid surge pricing
Travelers walk past a sign pointing toward the Uber ride-share vehicle pickup area at Los Angeles International Airport in Los Angeles on Feb. 8, 2023.Mario Tama | Getty ImagesUber is giving commuters new ways to travel and cut costs on frequent rides.The ride-hailing...
Yen Edges Higher as Market Capitalises on News-Driven Rebound :: InvestMacro
By RoboForex Analytical Department The USD/JPY pair dipped to 147.61 on Wednesday as the yen gained ground following softer-than-expected US inflation data.Key factors influencing USD/JPY movementRecent developments in global trade also captured market attention. The...
WBD renaming Max as HBO Max
Scene from season 3 of White Lotus.Source: HBOHBO became HBO Max became Max. Now, it will be HBO Max once more.Warner Bros. Discovery is renaming its streaming platform again starting this summer, restoring a name it ditched just two years ago. The company announced...
NVIDIA Dominates COMPUTEX 2025 with Best Choice Awards
Terrill Dicki May 13, 2025 10:02 NVIDIA secures multiple Best Choice Awards at COMPUTEX 2025 for its innovative technology, including the GeForce RTX 5090 GPU and Quantum-X Photonics InfiniBand switch system. ...
Exclusive: Taurex hires Altan Bahtiyar and Swaathi Saxena as Institutional Sales Directors
FNG Exclusive… FNG has learned that leading online trading firm Taurex has continued to build out its institutional services team, naming London based executive Altan Bahtiyar and Dubai based Swaathi Saxena as Institutional Sales Directors. Altan Bahtiyar (pictured at...
BitMEX Launches DOODUSDT Perpetual Swap with 50x Leverage
Luisa Crawford May 13, 2025 10:27 BitMEX introduces DOODUSDT perpetual swap, offering traders up to 50x leverage. This new listing enhances trading options for users on the platform. BitMEX has announced the...
AMD announces $6 billion buyback; shares climb 6%
Lisa Su, president and CEO of AMD, talks about the AMD EPYC processor during a keynote address at the 2019 CES in Las Vegas, Nevada, U.S., January 9, 2019.Steve Marcus | ReutersAMD said on Wednesday that its board of directors approved $6 billion in share buybacks....
NVIDIA Air Services: Bridging Simulations with Real-World Applications
Zach Anderson May 13, 2025 16:28 NVIDIA Air Services enhances simulation capabilities by integrating real-world applications, offering cloud-scale efficiency and seamless external connectivity for advanced data center...
Video podcasts having a moment
Jason and Travis Kelce with Dunkin Donuts on the New Heights podcast.Courtesy: WonderyAmazon's second-ever Upfronts pitch to advertisers this week featured an appearance by NFL champion brothers Jason and Travis Kelce. They weren't there to hype live football...
The Trump administration has revised semiconductor export rules. German DAX breaks price records again :: InvestMacro
The Dow Jones Index (US30) was down 0.64% at Tuesday’s close. The S&P 500 Index (US500) was up 0.72%. The Nasdaq Technology Index (US100) closed higher by 1.58%. Weakening inflationary pressures boosted stocks after Tuesday’s smaller-than-expected US consumer...
Bangladesh to receive $1.3 billion from IMF as reform deal reached, ET BFSI
Bangladesh to receive $1.3 billion from IMF as reform deal reachedDHAKA -The International Monetary Fund (IMF) is set to release $1.3 billion to Bangladesh in June, after completing a fourth review of its $4.7-billion loan programme and a key breakthrough in talks on...
TradingView enhances Supercharts – FX News Group
To give traders more flexibility and control over how they organize their workspace, TradingView has introduced a new upgrade to its Supercharts. Now, TradingView users can choose between 12 new layout chart grid options. To explore new chart layouts, click the...
Saudi Arabia and NVIDIA Collaborate to Establish AI Infrastructure
Lawrence Jengar May 13, 2025 17:05 NVIDIA partners with Saudi Arabia to develop AI factories, enhancing the Kingdom's digital infrastructure and aligning with Vision 2030 for economic diversification. In a...
TP ICAP marks 10% Y/Y growth in revenue in Q1 2025
TP ICAP Group plc (LON:TCAP) today provided a trading update for the three-month period to March 31, 2025. Total revenue grew 10% from the year-ago period to £629 million, the best quarter ever registered by the Group, benefiting from a period of heightened market...
How Web3 Wallets Are Changing Crypto and Blockchain Interactions
The world of digital assets and decentralized applications is expanding rapidly. At the heart of this growth are Web3 wallets, which are not just tools for storing cryptocurrencies, but essential gateways to the entire ecosystem of blockchain-based services. For...
Google is testing AI search on its homepage
Visual China Group | Getty ImagesGoogle's stalwart search button has a new neighbor: AI Mode.The artificial intelligence feature is being tested directly beneath the Google search bar beside a "Google Search" button, replacing the "I'm Feeling Lucky" widget. The new...
U.S. Crypto Regulation: GENIUS Act Delayed, Banks Gain Clarity
Iris Coleman May 13, 2025 17:40 The U.S. regulatory landscape for cryptocurrency sees developments in stablecoin legislation, digital asset market structure, and banking clarity, according to a16z crypto. The...
Fintech company Chime files for Nasdaq IPO
Pavlo Gonchar | Sopa Images | Lightrocket | Getty ImagesFinancial technology company Chime on Tuesday filed paperwork to go public on the Nasdaq. The company intends to file under the ticker symbol "CHYM.""Chime is a technology company, not a bank," the company said...
Markets Act partners with Spotware, integrating cTrader platform
Markets Act, an offshore Forex and CFD broker, today announced its partnership with Spotware, integrating the cTrader platform into its offerings. Following an in-depth evaluation of multiple trading platforms, Markets Act selected cTrader for its user-friendly yet...
Perplexity partners with PayPal for in-chat AI shopping
Perplexity is extending its bet on chat-powered shopping, aiming to stand out in the crowded generative artificial intelligence market against OpenAI, Anthropic, and Google.The company said on Wednesday that it's partnering with PayPal to let users make purchases...
Robinhood Reports Strong Growth in April 2025 Operating Metrics
Alvin Lang May 13, 2025 18:01 Robinhood Markets, Inc. has announced significant growth in its April 2025 operating metrics, including an increase in funded customers and platform assets, despite a decline in crypto trading...
Mirandus May Update Introduces Lanterns, New Models, and Cost-Effective Repairs
Jessie A Ellis May 13, 2025 18:16 The May update for Mirandus brings belt lanterns, new female exemplar models, and a cost-saving forge repair system, enhancing gameplay and customization. The popular...
If you really want to close the US trade deficit, try boosting innovation in rural manufacturing :: InvestMacro
By Amitrajeet A. Batabyal, Rochester Institute of Technology President Donald Trump has long been preoccupied by the trade deficit — the gap between what the U.S. sells to the rest of the world and what it buys from it. He recently declared the issue a national...
Baidu’s robotaxi unit plans Europe expansion
More than 70% of Baidu Apollo Go robotaxi rides in Wuhan were fully driverless as of April, and the company said in May it expected 100% of the rides to be completely autonomous in coming quarters.Bloomberg | Bloomberg | Getty ImagesBEIJING — Chinese tech company...
Trump and Saudi Crown Prince bask in friendship during Riyadh visit
Saudi Crown Prince Mohammed Bin Salman reacts next to U.S. President Donald Trump during the Saudi-U.S. Investment Forum, in Riyadh, Saudi Arabia, May 13, 2025.Brian Snyder | ReutersThe plenary room of the Ritz Carlton Riyadh was packed to the brim on Tuesday as...
Dallas Mavericks paid $33 million over 3 years by Chime for patch
Klay Thompson #31 of the Dallas Mavericks handles the ball during the game against the Memphis Grizzlies during the 2025 SoFi Play-In Tournament on April 18, 2025 at FedExForum in Memphis, Tennessee.Joe Murphy | National Basketball Association | Getty ImagesChime...
FCA confiscates over £300k from binary options fraudsters
The FCA has secured confiscation orders of £305,284 against Raheel Mirza, Cameron Vickers and Opeyemi Solaja for their roles in an investment fraud. This amounts to all their remaining assets. The confiscation proceedings for Reuben Akpojaro have been adjourned to a...
Hong Kong Set to Issue 2-Year Exchange Fund Notes in May 2025
Felix Pinkston May 14, 2025 01:31 The Hong Kong Monetary Authority will conduct a tender for 2-year Exchange Fund Notes on May 23, 2025, aiming to rollover maturing notes worth HK$1,200 million with a 2.16% interest rate. ...
Stock and crypto trading site eToro prices IPO at $52 per share
Omar Marques | Sopa Images | Lightrocket | Getty ImagesEToro, a stock brokerage platform that's been ramping up in crypto, has priced its IPO at $52 a share, as the company prepares to test the market's appetite for new offerings.The Israel-based company raised nearly...
Trump meets with Syrian leader in Saudi Arabia
The leader of Syria's Islamist Hayat Tahrir al-Sham (HTS) group that headed a lightning rebel offensive snatching Damascus from government control, Abu Mohammed al-Jolani, addresses a crowd at the capital's landmark Umayyad Mosque on December 8, 2024.Abdulaziz Ketaz |...
Everything You Need to Know Quant (QNT)
Interoperability is one of the biggest challenges in the blockchain and crypto space. Many blockchain networks cannot interact with each other due to the independent data silos. Layer 2 solutions, cross-chain bridges, and other technical advancements have proved...
CureIS Healthcare sues Epic Systems, alleging ‘scheme to destroy’
A sign that reads "Epic Intergalactic Headquarters" on campus.Epic SystemsCureIS Healthcare, a managed care services company, filed a civil lawsuit against Epic Systems on Monday night, alleging the electronic health record, or EHR, giant has carried out a...
Broadridge secures new patent on LLM orchestration of machine learning agents
Broadridge Financial Solutions Inc. (NYSE:BR) has been awarded a new U.S. patent on its large language model (LLM) orchestration of machine learning agents. These patented methods and systems are behind BondGPT, Broadridge’s award-winning GenAI application first...
SEBI proposes easing norms for foreign investors buying only government bonds, ET BFSI
SEBI proposes easing norms for foreign investors buying only government bondsMUMBAI: India's markets regulator has proposed to reduce regulatory requirements for foreign investors investing exclusively in the country's government bonds, it said on Tuesday, as it looks...
Tether purchased more than 4,800 Bitcoin at average US$95,319
Coin Desk with the info:Tether added another 4,812 Bitcoin to Twenty One Capital’s Bitcoin holdingsbought $458 mn of Bitcoin for Twenty One Capitaltransferred it to an escrow wallet on May 9disclosed in a May 13 filing with the US Securities and Exchange...
India’s wholesale inflation cools to 0.85% in April on fuel, power prices, ET BFSI
A person reacts during rainfall at a wholesale market in New Delhi, India, May 2, 2025. REUTERS/Priyanshu SinghIndia’s wholesale price inflation dropped sharply to 0.85% in April 2025, down from 2.05% in March driven by falling prices in the fuel & power and...
Tencent Q1 2025 earnings report
Chinese tech company Tencent is a gaming giant and the parent company of WeChat, the ubiquitous social messaging app in China.Cheng Xin | Getty Images News | Getty ImagesTencent on Wednesday reported an annual rise in its top and bottom line in the first quarter...
Gala Games Reintroduces Popular VEXI Costumes with May Discounts
Darius Baruo May 13, 2025 18:49 Gala Games has announced the return of its fan-favorite VEXI costumes through the VEXI May Favorites Pack, offering discounted prices and limited availability. Gala Games is...
FSCS places Business Agent Ltd, t/a NextCrowd and NextFin, under investigation
The UK Financial Services Compensation Scheme (FSCS) has provided an update to clients of Business Agent Ltd, trading as NextCrowd and NextFin. Business Agent Ltd has been authorised by the Financial Conduct Authority since 2015. Business Agent entered Administration...
Samsung Electronics to acquire FläktGroup for 1.5 billion euros
A Samsung Group flag flutters in front of the company's Seocho building in Seoul. Sopa Images | Lightrocket | Getty ImagesSamsung Electronics on Wednesday announced that it would acquire all shares of German-based FläktGroup, a leading heating and cooling solutions...
Sector-specific policies must to bridge credit gap for MSMEs: SIDBI, ET BFSI
Sector-specific policies must to bridge credit gap for MSMEs: SIDBINew Delhi: The Small Industries Development Bank of India (Sidbi) has called for sector-specific policy interventions to bridge the credit gap in the micro, small and medium enterprises (MSMEs) sector,...
Chinese company linked to TikTok bought $300,000,000 of $TRUMP Coin
New York Times (gated) with the report:A struggling technology company that has ties to China and relies on TikTok made an unusual announcement this week. It had secured funding to buy as much as $300 million of $TRUMP, the so-called memecoin marketed by President...
FX option expiries for 14 May 10am New York cut
There are a couple to take note of on the board for the day, as highlighted in bold.The first one is for EUR/USD at the 1.1175 level. It's not one that holds any technical significance but could help to provide a floor for price action with the dollar coming back...
Sony shares rise in choppy trade as PlayStation maker announces $1.7 billion share buyback
The Sony Group Corp. logo displayed on a screen at the Combined Exhibition of Advanced Technologies (Ceatec) in Chiba, Japan, on Wednesday, Oct. 16, 2024. Bloomberg | Bloomberg | Getty ImagesSony Group shares rose over 3.5% on Wednesday in volatile trading after the...
American Eagle withdraws 2025 guidance, says Q1 worse than expected
A customer enters an American Eagle store in Miami, Florida on April 4, 2025.Joe Raedle | Getty ImagesAmerican Eagle on Tuesday said it is writing off $75 million in spring and summer merchandise and withdrawing its full-year guidance as it contends with slow sales,...
Klickl Leads Middle East’s Web3 Charge on the Global Stage at European Economic Congress 2025
monsloth May 13, 2025 20:59 Klickl, a leading Web3 finance platform, represented the Middle East at EEC 2025, showcasing its dual-regulated stablecoin solutions and digital sovereignty vision. Backed by Abu Dhabi’s delegation, it...
FalconX, Standard Chartered forge strategic partnership
Digital asset prime broker FalconX today announced a strategic partnership with Standard Chartered. In the first phase of the partnership, Standard Chartered will provide a comprehensive suite of banking services to FalconX globally, further strengthening the...
DeFAI and the Future of DeFi: The WYT Network a Game-Changer
monsloth May 13, 2025 22:11 DeFi's complexity hinders mass adoption. WYT Network solves this with AI-powered DeFAI—simplifying swaps, staking & analytics via natural language. The future of DeFi: smart, seamless &...
Bitfinex Unveils Mobile App Update 7.10.0 with Key Enhancements
Felix Pinkston May 13, 2025 12:07 Bitfinex has released its mobile app update 7.10.0, featuring significant improvements and bug fixes. The update enhances user experience with smoother navigation and new token icons. ...
Paysafe incurs $19.5M loss in Q1 2025
Payments platform Paysafe Limited (NYSE:PSFE) today announced its financial results for the first quarter of 2025. Reported revenue for the first quarter of 2025 was $401.0 million, a decrease of 4%, compared to $417.7 million in the prior year period, reflecting a...
Airbnb launches redesigned app, new services business
Mateusz Slodkowski | Lightrocket | Getty ImagesAirbnb launched a redesigned app on Tuesday to showcase the company's push to let travelers book services, like catering and personal training, at their home rentals.The new-look app marks a new chapter for Airbnb to...
Capitolis launches futures porting solution in collaboration with Barclays and Citadel
Fintech company Capitolis announced today that it has launched an innovative futures porting solution in collaboration with Barclays and Citadel. The solution has been developed for futures market participants, including hedge funds, asset managers, other buy-side...
IOTA Business Innovation Program Welcomes First Participants
Luisa Crawford May 13, 2025 13:04 IOTA's Business Innovation Program (BIP) has announced its first participants, including Impierce, Orobo, and ObjectID, to develop real-world solutions on the IOTA Mainnet. ...
Schumer pauses Trump DOJ nominees
Senate Minority Leader Chuck Schumer (D-NY) speaks at a press conference with other members of Senate Democratic leadership following a policy luncheon at the U.S. Capitol in Washington, DC May 6, 2025. Nathan Posner | Anadolu | Getty ImagesSenate Minority Leader...
YouTube will stream NFL Week 1 game in Brazil for free
Patrick Mahomes #15 of the Kansas City Chiefs throws a pass in the first quarter against the Philadelphia Eagles during Super Bowl LIX at Caesars Superdome on February 09, 2025 in New Orleans, Louisiana. Gregory Shamus | Getty Images Sport | Getty ImagesYouTube will...
Robinhood buys Bitbuy and Coinsquare operator WonderFi for $179 million
US neobroker Robinhood is expanding its business north of the border, as well as in the crypto sphere, announcing that the company has entered into an agreement to acquire WonderFi, a Canadian leader in digital asset products and services, for C$250 million (USD $179...
$100 million New Jersey deli fraudster Peter Coker Sr. sentenced
Peter Coker Sr. and his wife Susan Coker at U.S. District Court in Newark, New Jersey, March 15, 2023.Dan Mangan | CNBCNorth Carolina businessman Peter Coker Sr., who pleaded guilty in a scheme to fraudulently pump up the stock of the infamous $100 million New Jersey...
NVIDIA’s Role in Shaping the Future of Industrial AI and Robotics at Automate 2025
Tony Kim May 13, 2025 14:06 NVIDIA partners with robotics leaders to showcase cutting-edge AI technologies at Automate 2025, enhancing industrial automation and addressing manufacturing challenges. As the...
Spirit Airlines introduces extra legroom seats in push for premium
A Spirit Airlines aircraft undergoes operations in preparation for departure at the Austin-Bergstrom International Airport in Austin, Texas, on Feb. 12, 2024.Brandon Bell | Getty ImagesSpirit Airlines announced on Tuesday that it will offer new premium options for its...
Coinbase jumps 22% after S&P 500 inclusion
Brian Armstrong, chief executive officer of Coinbase Global Inc., speaks during the Messari Mainnet summit in New York, on Thursday, Sept. 21, 2023.Michael Nagle | Bloomberg | Getty ImagesCoinbase shares soared more than 20% on Tuesday and headed for their sharpest...
Prop firm Hola Prime signs up NY Knicks star Karl-Anthony Towns as Brand Ambassador
Cyprus and India based retail prop trading firm Hola Prime has announced five-time NBA All-Star, New York Knicks basketball player Karl-Anthony Towns as its first-ever sports Brand Ambassador. The announcement coincides with the launch of Hola Prime’s brand campaign,...
Saudi Arabia to Build AI Factories with HUMAIN and NVIDIA Partnership
Timothy Morano May 13, 2025 15:15 HUMAIN and NVIDIA partner to establish AI factories in Saudi Arabia, enhancing the nation's position as a global AI leader with advanced infrastructure and workforce transformation. ...
Trump says U.S. will remove all sanctions on Syria
U.S. President Donald Trump speaks at the Saudi-U.S. Investment Forum, in Riyadh, Saudi Arabia, May 13, 2025. Hamad I Mohammed | ReutersThe U.S. will remove all sanctions on Syria, President Donald Trump announced Tuesday."I will be ordering the cessation of sanctions...
Revolutionizing Decision Making: The Rise of Reasoning AI Agents
Alvin Lang May 13, 2025 16:12 Discover how reasoning AI agents, powered by advanced models like NVIDIA's Llama Nemotron, are transforming high-stakes decision-making across industries such as healthcare, finance, and logistics. ...
21X and Zühlke partner to accelerate institutional adoption of tokenized securities trading
Frankfurt based digital exchange startup 21X – which late last year received the first ever license to operate an EU-regulated venue for the trading and settlement of tokenized securities – and Zühlke, a global innovation and transformation partner, have announced a...
Tech CEOs mingle with Trump and MBS at Saudi investment forum
Senior Advisor to the US President Elon Musk (L) and Nvidia CEO Jensen Huang (C) are directed to greet the Saudi Crown Prince at the Royal Court in Riyadh on May 13, 2025. Brendan Smialowski | Afp | Getty ImagesWealth and power.Global political and business leaders...
Hertz shares plummet after weak Q1, $250 million stock offering
DETROIT — Shares of Hertz Global plummeted Tuesday morning after the embattled rental car company reported disappointing first-quarter earnings and a $250 million stock offering.Hertz shares were off more than 20% during early morning trading before leveling to be off...
Euronext closes acquisition of Admincontrol
European capital market infrastructure Euronext today announced that it has completed the acquisition of 100% of the shares of Admincontrol for an enterprise value of NOK 4,650 million. The transaction complies with Euronext’s capital allocation policy, with a ROCE...
Bitcoin (BTC) Surges Past $100,000 Amid Macro Tailwinds
Lawrence Jengar May 13, 2025 15:36 Bitcoin rebounds to $100,000 after a 32% drop earlier this year, driven by positive macroeconomic factors and increased institutional interest. Bitcoin (BTC) has made a...
Nvidia sending 18,000 of its top AI chips to Saudi Arabia
Tareq Amin, CEO of Humain, and Jensen Huang, CEO of NVIDIA, attend the Saudi-U.S. Investment Forum, in Riyadh, Saudi Arabia May 13, 2025. Hamad I Mohammed | ReutersNvidia will sell over 18,000 of its latest artificial intelligence chips to Saudi Arabian company...
Trump administration cuts an additional $450 million in Harvard grants
Harvard sweatshirts are displayed for sale in a school store window on the Harvard University campus in Cambridge, Massachussetts, on April 15, 2025.Joseph Prezioso | Afp | Getty ImagesThe Trump administration announced Tuesday that it is cutting an additional $450...
US Dollar Roars Back in a Blaze of Glory as Market Shrugs Off Recession Fears :: InvestMacro
By RoboForex Analytical Department EUR/USD dropped to 1.1110 on Tuesday, with the US dollar surging by over 1% in the previous trading session. The rally was driven by market reactions to news of a provisional agreement between China and the US to reduce tariffs,...
Elon Musk says Starlink was approved in Saudi Arabia
Elon Musk says Starlink was approved in Saudi Arabia
GM unveils new EV battery tech, aims to be first to market
General Motors battery technician Steven Petty Jr. focuses on aligning electrodes on an anode sample for a prototype LMR battery cell in the making. Photo by Steve Fecht for General MotorsWARREN, Mich. — General Motors expects to pioneer a new "groundbreaking" EV...
BNB Chain Unveils Winners of Latest AI Hackathon Batch
Zach Anderson May 13, 2025 14:46 The BNB Chain AI Hackathon announces its latest batch winners, showcasing innovative AI and Web3 projects. Discover the standout projects and their potential impact on the blockchain ecosystem. ...
Microsoft is cutting 3% of all workers
Microsoft CEO Satya Nadella leaves after attending a meeting with Indonesian President Joko Widodo at the Presidential Palace in Jakarta, Indonesia, on April 30, 2024.Willy Kurniawan | ReutersMicrosoft on Tuesday said that it's laying off 3% of employees across all...
Trump speaks after $600 billion Saudi-U.S. investment announced
[The stream is slated to start at 9:45 a.m. ET. Please refresh the page if you do not see a player above at that time.]President Donald Trump on Tuesday is set to deliver remarks after the White House announced Saudi Arabia's commitment to invest $600 billion in a...
Interactive Brokers adds Ping An of China CSI HK Dividend ETF to ETF lineup
Electronic trading major Interactive Brokers (NASDAQ:IBKR) has added the Ping An of China CSI HK Dividend ETF to its growing lineup of ETFs. This ETF is available through Interactive Brokers’ no-transaction-fee program and gives investors an efficient and...
ESPN's new all-access streaming app will cost $29.99 per month
ESPN will charge $29.99 per month for its full-service streaming product, or $35.99 per month when bundled with Disney+ and Hulu ad tiers.
IBM Leverages AI to Revolutionize Semiconductor Manufacturing
Caroline Bishop May 13, 2025 13:44 IBM is advancing semiconductor manufacturing by integrating AI and automation, enhancing efficiency and innovation in fab operations. IBM is at the forefront of transforming...
Wormhole Chosen as Interoperability Provider for VanEck’s Tokenized Fund
Rebeca Moen May 13, 2025 13:22 Wormhole has been selected as the official interoperability partner for VanEck's first tokenized fund, VBILL, enhancing multichain accessibility across major blockchains. Wormhole,...
Trade court hears legal challenge
U.S. President Donald Trump holds up a chart while speaking during a “Make America Wealthy Again” trade announcement on April 2, 2025 in Washington, DC.Chip Somodevilla | Getty Images News | Getty ImagesA little-known federal court is set to hear arguments Tuesday in...
The US and China announced massive tariff cuts. Oil prices jumped to a 2-week high :: InvestMacro
The US stocks soared yesterday after the US and China announced massive tariff cuts for 90 days following trade talks. The US said it would cut tariffs on Chinese goods from 145% to 30%, while China would cut duties on US imports from 125% to 10%. At Monday’s close,...
Hinge Health aims to raise up to $437 million in IPO
Hinge Health co-founders Gabriel Mecklenburg (left) and Daniel Perez (right).Courtesy of Hinge HealthHinge Health said in a filing on Tuesday that it plans to raise up to $437 million in its upcoming initial public offering.The digital physical therapy startup filed...
UnitedHealth Group CEO Andrew Witty steps down
Andrew Witty, CEO of UnitedHealth Group, testifies during the Senate Finance Committee hearing titled "Hacking America's Health Care: Assessing the Change Healthcare Cyber Attack and What's Next," in the Dirksen Building in Washington, D.C., on May 1, 2024.Tom...
Euronext launches Mini Single Stock Options on French and Dutch underlyings
Euronext has launched Mini Single Stock Options on French and Dutch underlyings building on its strong existing options trading offering and reinforcing its position as the leading European hub. These new listings complement the standard contracts already available on...
Falcon Finance Introduces Overcollateralized Stablecoin USDf
Timothy Morano May 13, 2025 12:41 Falcon Finance launches USDf, a synthetic stablecoin backed by diversified collateral, offering security and flexibility in the DeFi space. In a notable development within the...
India’s retail inflation drops to 3.16% in April, lowest since July 2019, ET BFSI
India’s retail inflation, measured by the Consumer Price Index (CPI), dropped to 3.16% in April 2025 from 3.34% in March — an 18 basis point decline, marking the lowest reading since July 2019. Food inflation also saw a notable drop, easing sharply to 1.78% in April...
Trading Technologies announces broad introduction of TT Strategy Studio multi-asset algo trading offering
Trading Technologies International, Inc. (TT) today announced the broad introduction of its TT Strategy Studio multi-asset algorithmic trading offering for institutional trading firms, including the largest and most sophisticated professional trading organizations,...
Barcelona Welcomes CoreWeave’s AI Cloud Platform with New Data Center Launch
Terrill Dicki May 13, 2025 11:31 Barcelona inaugurates a new data center hosting CoreWeave's AI platform, aiming to transform the city into a digital hub with sustainable and efficient infrastructure. ...
Decentralized finance is booming – and so are the security risks. My team surveyed nearly 500 crypto investors and uncovered the most common mistakes :: InvestMacro
By Mingyi Liu, Georgia Institute of Technology When the first cryptocurrency, Bitcoin, was proposed in 2008, the goal was simple: to create a digital currency free from banks and governments. Over time, that idea evolved into something much bigger: “decentralized...
Vibhor Jain appointed as acting CEO by Govt-Backed ONDC, BFSI News, ET BFSI
Vibhor Jain appointed as acting CEO by Govt-Backed ONDCState-backed digital commerce platform ONDC- The Open Network for Digital Commerce on Tuesday appointed its COO, Vibhor Jain, as acting CEO with immediate effect. The development was triggered by the recent exit...
OpenAI restructure plan gets SoftBank blessing as Microsoft negotiates
OpenAI CEO Sam Altman speaks next to SoftBank CEO Masayoshi Son after U.S. President Donald Trump delivered remarks on AI infrastructure at the Roosevelt Room in the White House in Washington on Jan. 21, 2025.Carlos Barria | ReutersOpenAI said last week that it would...
Toyota redesigns bZ4x, its only U.S. EV, as 2026 bZ
Toyota Motor on Tuesday revealed a redesigned version of its sole all-electric vehicle in the U.S., with a simplified name and notable increases in EV technologies and capabilities.The new name for the EV for the 2026 model year is the "bZ," cut down from the "bZ4X."...
Shardeum (SHM): Revolutionizing Blockchain with Dynamic State Sharding
Ted Hisokawa May 13, 2025 11:10 Explore Shardeum's innovative approach to blockchain scalability and decentralization using dynamic state sharding, its consensus mechanism, and the role of the SHM token in network operations. ...
Tether Gold (XAU₮) Debuts on Maxbit, Expanding Digital Gold Market in Thailand
Timothy Morano May 13, 2025 10:54 Tether Gold (XAU₮), a tokenized gold product, is now listed on Maxbit in Thailand, offering a blockchain-backed stablecoin with real-time asset verification. Tether Gold (XAU₮),...
Instinet announces rebranding of its BlockMatch RFQ venue
Instinet, a global agency-only broker, announces a strategic rebranding of its BlockMatch RFQ venue to “BlockMatch Select”. This change responds to increasing buy-side demand for enhanced liquidity access and reflects Instinet’s role as a leading liquidity aggregator....
Edgewater sales exec Lee Shmuel Goldfarb joins B2PRIME
Institutional broker and multi-asset liquidity provider B2PRIME has announced the appointment of Lee Shmuel Goldfarb as its new Executive Sales Trader. With a strong background in eFX liquidity, institutional sales and partnership development, Lee brings a diverse set...
Coinbase joining S&P 500, replacing Discover Financial
Brian Armstrong, CEO of Coinbase, speaking on CNBC's Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 21st, 2025.Gerry Miller | CNBCCoinbase is joining the S&P 500, replacing Discover Financial Services in the benchmark index, according to...
Dukascopy detects another website clone
Dukascopy Bank SA has warned the public about its website’s fraudulent clone operating via the domain https://duksp.com/. Clones are fraudulent entities that abuse the data (name, address, license number, logo, etc) of licensed firms in order to lure victims more...
McDonald’s announces plans to hire 375,000 workers with Trump Labor secretary
The logo of McDonald's (MCD) is seen in Los Angeles, California.Lucy Nicholson | ReutersMcDonald's on Monday announced plans to hire up to 375,000 workers this summer at a news conference that included U.S. Labor Secretary Lori Chavez-DeRemer.While McDonald's has long...
Samsung Galaxy S25 Edge launch: Specs, price, availability
Samsung launched the Galaxy S25 Edge, a thinner version of its flagship smartphone.Arjun Kharpal | CNBCSamsung on Tuesday unveiled a thin version of its flagship smartphone in an unusually timed launch as it looks to maintain momentum in its mobile divison against an...
Gala Games Rewards Dedicated Players with Exclusive NFT Costume
Luisa Crawford May 13, 2025 08:53 Gala Games rewards players who logged in frequently during April with an exclusive VEXI Handmade Tree Costume NFT, enhancing community engagement. Community Engagement...
IAMAI names Billdesk Co-founder MN Srinivasu as Chairman, BFSI News, ET BFSI
MN Srinivasu, Chairman, IAMAINot-for-Profit industry body Internet and Mobile Association of India (IAMAI) on Tuesday announced the election of M N Srinivasu, Co-founder of Billdesk as the Chairman of the Association, succeeding Harsh Jain, Co-founder and CEO of Dream...
Trump most favored nations drug price executive order: What to know
President Donald Trump, joined by National Institutes of Health (NIH) Director Jay Bhattacharya, speaks during a press conference in the Roosevelt Room of the White House on May 12, 2025, in Washington, DC. Andrew Harnik | Getty Images News | Getty ImagesPresident...
Equiti Group hires FxPro alum Yiannos Xenophontos to head Trading
Leading online trading provider Equiti Group has announced that the company has appointed Yiannos Xenophontos as its new Group Head of Trading. Based in Cyprus for the last 15 years, Yiannos will relocate to Equiti’s global headquarters in Dubai for his new role with...
Fintechs that made profits from high interest rates now face key test
The app icons for Revolut and Monzo displayed on a smartphone.Betty Laura Zapata | Bloomberg via Getty ImagesFinancial technology firms were initially the biggest losers of interest rate hikes by global central banks in 2022, which led to tumbling valuations.With time...
Rate transmission uneven despite liquidity comfort, BFSI News, ET BFSI
Mumbai: Banks appear to have largely looked through improving system liquidity and policy rate cuts while reducing the cost of borrowing for those taking loans tied to the lenders' internal benchmarks. Rates have reduced by only 5-15 bps for existing borrowers on...
Dubai government to accept crypto through Crypto.com partnership
Crypto.com logo displayed on a phone screen with representation of cryptocurrencies.Nurphoto | Nurphoto | Getty ImagesDubai's Department of Finance announced a partnership with crypto platform Crypto.com that will allow government service fees to be paid with...
Toy stocks rally after levies slashed
Toys made by Mattel, Hasbro and others are seen at a Macy's store in New York.Staff | ReutersShares of major toy makers rallied on Monday after the U.S. agreed to temporarily reduce tariffs on China.The agreement will pause most tariffs and other trade barriers for 90...
NVIDIA NIM Microservices Revolutionize AI Deployment on Azure AI Foundry
Iris Coleman May 13, 2025 07:38 NVIDIA's NIM microservices integrated into Azure AI Foundry enhance AI deployment with GPU-accelerated inferencing, offering scalable and secure AI solutions for enterprises. The...
Spotware unveils cTrader 5.2 with advanced risk-reward tools
Spotware, the developer of multi-asset trading platform cTrader, has announced that the company has unveiled a further set of updates with the release of cTrader 5.2. The latest release introduces a range of enhanced trading capabilities across Mobile, Web, Windows...
Town Star’s NFT Sale Brings Discounts on Epic and Legendary Items
Jessie A Ellis May 13, 2025 08:12 Gala Games announces a special Town Star May Discounts Sale, offering significant reductions on select NFTs, including Epic and Legendary items, available from May 12 to May 18, 2025. ...
RBI dividend to inject fresh liquidity, BFSI News, ET BFSI
RBI dividend to inject fresh liquidityMUMBAI: Surplus liquidity in the banking system could reach Rs 6 lakh crore, with the Reserve Bank of India (RBI) expected to transfer a hefty dividend to the govt. Estimates for this dividend range between Rs 2.25 lakh crore and...
CPA Australia Survey, ET BFSI
71% of Indian SMEs sought external funding in 2024: CPA Australia SurveyRising costs continue to be a challenge for many small businesses, with 40% of MSME (micro, small and medium enterprises) respondents citing increasing expenses as their biggest concern, according...
FX option expiries for 13 May 10am New York cut
There aren't any major expiries to take note of on the board for today. As such, traders will be sticking to the broader risk mood as the key driver of trading sentiment. After the bustling gains in risk yesterday, we're seeing things settle down a bit. And that's...
SoftBank Vision Fund swings to annual loss as investment gains slow
SoftBank CEO Masayoshi Son delivers remarks next to U.S. President Donald Trump at an 'Investing in America' event in Washington, D.C., U.S., April 30, 2025. Leah Millis | ReutersSoftbank's Vision Fund business on Tuesday posted a loss in the fiscal year ended March...
FAA launches Newark airport task force with Verizon, L3Harris execs
U.S. Transportation Secretary Sean Duffy speaks to reporters during a news conference on Newark Liberty International Airport at the Department of Transportation Headquarters on May 12, 2025 in Washington, DC. Anna Moneymaker | Getty ImagesThe Trump administration on...
China sees U.S. trade deal as win for Beijing
Chinese officials, influencers and state-run media on Monday were casting the initial trade agreement and 90-day tariff pause with the United States as a victory and a vindication of Beijing's negotiating strategy.They're arguing that their defiant public posture...
BUX looking for a new CEO as Yorick Naeff moves to Innovation role at ABN AMRO
Amsterdam based neobroker BUX has announced that its CEO and co-founder Yorick Naeff will take on the role of Head of Innovation at Dutch bank ABN AMRO, effective February 1, 2026. Yorick Naeff has led BUX since 2020, overseeing its expansion across Europe and its...
Brent, VIX, 5-Year & Ultra 10-Year lead Bullish & Bearish Positions :: InvestMacro
By InvestMacroThe latest update for the weekly Commitment of Traders (COT) report was released by the Commodity Futures Trading Commission (CFTC) on Friday for data ending on May 6th.This weekly Extreme Positions report highlights the Most Bullish and Most Bearish...
eToro IPO order book closing with the offering heavily oversubscribed
Israel business news site Calcalist is reporting that the upcoming eToro IPO on NASDAQ is estimated to be more than 10 times oversubscribed, with the company’s underwriters led by Goldman Sachs looking at a pricing and size boost amid soaring investor demand for the...
Speculator Changes led higher by VIX & MSCI EAFE-Mini :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday May 6th and shows a quick view of how large traders...
Deputy AG Todd Blanche named acting librarian of Congress
Former U.S. President Donald Trump, with attorney Todd Blanche, speaks to reporters as jurors are released to begin deliberations for his criminal trial at the Manhattan Criminal Court in New York, NY on Wednesday, May 29, 2024.Jabin Botsford | ReutersDeputy Attorney...
NBC taps Michael Jordan as NBA contributor
Michael Jordan, NBA Hall of Famer and co-owner of 23XI Racing, walks the grid prior to the NASCAR Cup Series Straight Talk Wireless 400 at Homestead-Miami Speedway in Homestead, Florida, on Oct. 27, 2024.James Gilbert | Getty Images Sport | Getty ImagesNBC is adding...
StoneX to acquire brokerage firm Plantureux et Associés
StoneX Group Inc. (NASDAQ:SNEX) today announced that its wholly owned subsidiary, StoneX Financial Europe GmbH, has entered into a definitive agreement to acquire Plantureux et Associés, a Paris-based brokerage firm specializing in agricultural commodities across both...
Perplexity wrapping talks to raise $500 million at $14 billion valuation
Perplexity AI is in late-stage talks to raise $500 million at a $14 billion valuation, a source familiar with the situation confirmed to CNBC. Accel, the Palo Alto-based venture capital firm, will lead the round, according to the source, who spoke anonymously because...
GM hires ex-Tesla, Aurora exec Sterling Anderson as chief product officer
The 2026 Cadillac Vistiq EV.CadillacDETROIT — General Motors has hired Sterling Anderson, a former Tesla executive and co-founder of autonomous vehicle company Aurora Innovation, as its chief product officer.In the newly created position, Anderson will oversee the...
Trump hails Qatar’s ‘nice gesture’ of 747 jet, blaming Boeing delays
U.S. Air Force One upon arrival at the at Fiumicino Airport on April 25, 2025 in Rome, Italy. Marco Mantovani | Getty Images News | Getty ImagesPresident Donald Trump on Monday said Qatar had made a "very nice gesture" in offering the U.S. a 747 jet to act as Air...
Gold Drops to 3,273 USD as Markets Await Trade Deal Developments :: InvestMacro
By RoboForex Analytical DepartmentThe price of a troy ounce of gold fell to 3,273 USD on Monday, losing about 1% compared to the previous session’s level.Key factors driving gold’s movementThe primary reason for the decline is positive signals regarding trade talks...
TradingView introduces Yield Curves tool
TradingView has enabled traders to unlock deeper insights into global bond markets with its new Yield Curves tool. It gives TradingView users the power to explore bond curves like never before — helping advance their analysis and supporting more informed investment...
Trump’s willingness to accept a luxury jet from Qatar sparks criticism
In this February 15, 2025 a Boeing 747 sits on the tarmac of Palm Beach International airport after US President Donald Trump toured the aircraft on February 15, 2025. Roberto Schmidt | Afp | Getty ImagesU.S. President Donald Trump's willingness to accept a lavish...
Markets rally on 90-day US-China trade truce :: InvestMacro
Risk-on returns on China-US trade truce Both sides announce 115% reduction in tariffs for 90-days Global equities, USDInd, Bitcoin and Oil rallyGold tumbles almost 3%, JPY & CHF weakenUS500: US CPI sparked moves of ↑ 0.9% & ↓ 2.0% over past yearInvestors...
Trump says he talked to Apple CEO Tim Cook after China tariff rollback
Apple CEO Tim Cook, center, watches during the inauguration ceremonies for President Donald Trump, right, and Vice President JD Vance, left, in the rotunda of the U.S. Capitol in Washington, Jan. 20, 2025.Shawn Thew | Afp | Getty ImagesPresident Donald Trump said...
Eric Trump’s American Bitcoin going public
The bitcoin mining company backed by President Donald Trump's sons, Eric Trump and Donald Trump Jr., is set to go public on the Nasdaq through an all-stock merger with Gryphon Digital Mining. The combined company, American Bitcoin, will trade under the ticker symbol...
China will open to U.S. business, pause trade barriers
President Donald Trump, joined by National Institutes of Health (NIH) Director Jay Bhattacharya, speaks during a press conference in the Roosevelt Room of the White House on May 12, 2025, in Washington, DC. Andrew Harnik | Getty Images News | Getty ImagesPresident...
24 Exchange launches FX Non-Deliverable Swaps trading
Bermuda domiciled OTC product trading platform 24X Bermuda Limited has announced the launch of FX Non-Deliverable Swaps (NDS) trading, expanding the company’s range of FX offerings on its global platform. The FX NDS product is now live and available for trading across...
Fox One streaming service to launch before NFL season
Marquee at the main entrance to the FOX News Headquarters at NewsCorp Building in Manhattan. Erik Mcgregor | Lightrocket | Getty ImagesFox Corp. will launch its direct-to-consumer streaming service, to be called Fox One, ahead of the National Football League season...
DAX Index at historic highs. Progress in US-China talks triggered a rise in indices on Monday :: InvestMacro
Stocks in the US traded lower on Friday afternoon as investors became more cautious ahead of trade talks between the US and China. At Friday’s close, the Dow Jones Index (US30) decreased by 0.29% (for the week +0.18%). The S&P 500 Index (US500) was down 0.71% (for...
Trump to sign most favored nation drug pricing order
US President Donald Trump participates in a celebration of military mothers in the East Room of the White House in Washington, DC, on May 8, 2025. Jim Watson | AFP | Getty ImagesPresident Donald Trump on Monday will revive a controversial policy that aims to slash...
KindlyMD merging with Trump crypto advisor David Bailey’s Nakamoto
People walk past an advertisement feature Donald Trump with Bitcoin in Hong Kong. May James | Lightrocket | Getty ImagesShares of KindlyMD skyrocketed 600% Monday after the healthcare company announced a merger with Nakamoto Holdings, a bitcoin investment company...
MarketAxess acquires majority stake in RFQ-hub Holdings LLC
MarketAxess Holdings Inc. (NASDAQ:MKTX) today announced the completion of its acquisition of a majority stake in the RFQ-hub platform, a bilateral multi-asset and multi-dealer request for quote (RFQ) platform with a focus on equity and fixed-income listed and OTC...
Speculator bets led by Wheat & Live Cattle this week :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) reports data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday May 6th and shows a quick view of how large traders...
UK AI copyright shakeup has Elton John, Dua Lipa fighting back
Sir Elton John (right) performs at the Verizon Center in Washington, D.C.Kyle Gustafson | For The Washington Post | Getty ImagesCelebrity musicians from Elton John to Dua Lipa are urging the U.K. government to rethink controversial plans to reform copyright laws that...
SFC imposes $2M fine on Sino-Rich Securities & Futures Limited
The Securities and Futures Commission (SFC) of Hong Kong has reprimanded and fined Sino-Rich Securities & Futures Limited $2 million for failures concerning its margin lending policy and practices. The SFC has also suspended the licence of Mr Budihardjo Wilhelm...
10 Critical AI Automated Workflows to Elevate Your Small Business » Succeed As Your Own Boss
If you’re a small business owner, coach, or consultant who still thinks AI is some futuristic robot tech from a sci-fi movie, sis—AI is here and it’s your new best employee. The kind that doesn’t sleep, doesn’t call in sick, and works 24/7 without complaining. Whether...
Speculator Bets led lower by SOFR 3-Months & 10-Year Bonds :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) reports data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday May 6th and shows a quick view of how large traders...
Gold leads with robust 41 pc return in FY25 to date, outperforms all asset classes, ET BFSI
Mumbai, Gold has emerged as the best-performing asset class in FY25, delivering a remarkable return of 41 per cent in USD terms and 33 per cent in INR (rupee) terms, according to a National Stock Exchange (NSE) released on Monday.In a year marked by global...
Gadkari calls for new law for cooperative sector to keep pace with ‘evolving economic conditions’, ET BFSI
Mumbai, Union minister Nitin Gadkari on Monday suggested the Maharashtra government to formulate a new law for the cooperative sector in the state considering the evolving economic conditions. The cooperative sector would play a key role in improving the financial...
What To Expect From A Liquidity Management Platform
FNG Exclusive Interview… Tom Higgins, CEO of Gold-i talks to FNG about the necessity of having multiple liquidity sources and provides guidance on what to look for in a liquidity management platform. FNG: Hi Tom. What is the advantage of having multiple Liquidity...
India extends financial support to Maldives via rollover of $50 million Treasury Bill, ET BFSI
India has extended financial support to the Maldives by renewing a USD 50 million Treasury Bill for another year through the State Bank of India (SBI), in a move aimed at bolstering the Maldivian government's economic reform and resilience efforts, as announced on...
COT Speculator Bets led by Copper & Palladium :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday May 6th and shows a quick view of how large traders...
Global chip and tech stocks rally as U.S. and China agree tariff cut
HANGZHOU, CHINA - JUNE 3, 2024 - The NVIDIA logo and the Apple logo are pictured in Hangzhou city, Zhejiang province, China, June 6, 2024. On June 5, Eastern time, Nvidia's stock market value exceeded $3 trillion, officially surpassing Apple's market value and...
White-Label Crypto Exchange Solutions: Fast-Track Your Crypto Business
White-Label Crypto Exchange SolutionsCryptocurrency is no longer a niche sector-it’s a global movement. Businesses and entrepreneurs are increasingly drawn to the potential of digital assets, and the demand for reliable, scalable, and secure trading platforms is at an...
BlackRock's spot bitcoin ETF, IBIT, sees the longest streak of net inflow this year so far
Crypto media with the report:Goldman Sachs is now the largest holder of shares of IBIT, BlackRock’s spot bitcoin ETF, after boosting its holdings by 28% over the course of 2025’s first quarter. IBIT’s 20-day streak of net inflows is the longest such streak for any...
NCLT admits L&T Finance plea against Tikona Infinet over unpaid dues, ET BFSI
The Mumbai bench of the National Company Law Tribunal (NCLT) has admitted L&T Finance's application to initiate bankruptcy proceedings against Tikona Infinet. The financial creditor has alleged a default of ₹116.01 crore in unpaid coupon payments on Series 'E'...
FCA receives 281 new whistleblowing reports in Q1 2025
The UK Financial Conduct Authority (FCA) today published the data showing the number of new whistleblowing reports received between January and March 2025. In this quarter (Q1 2025, January to March), the FCA received 281 new whistleblowing reports. For the same...
A Deep Dive into Popcat: The Solana Memecoin
As the world of blockchain technology and cryptocurrencies expands rapidly, memecoins have emerged as innovative crypto assets. Without any intrinsic value or utility, memecoins use viral internet memes to garner community support. Among the many memecoin projects...
7 daily habits of people who stay happy and optimistic in their 70s, according to psychology
Ever heard the saying, “Life begins at 70?” I know, I know. It may sound like a stretch. Especially when society often associates aging with slowing down, getting weaker, or even becoming less happy. But here’s the kicker. Psychology tells us a different story. It...
U.S. and China agree to slash tariffs for 90 days in major trade breakthrough
US Treasury Secretary Scott Bessent (L) and US Trade Representative Jamieson Greer speak to the media after talks between senior US and Chinese officials on tariffs in Geneva on May 11, 2025.Valentin Flauraud | Afp | Getty ImagesThe U.S. and China on Monday agreed to...
Currency Speculators drop US Dollar Index bets for 8th time in 11 weeks :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday May 6th and shows a quick view of how large market...
7 subtle signs a friend is trying to cancel you from their life, according to psychology
Friendships, like any other relationship, can ebb and flow. But sometimes there’s a subtle shift, a quiet withdrawal that signals your friend might be trying to phase you out of their life. According to psychology, there are certain signs that can reveal this. These...
India emerging as global leader in tech’s different aspects, says PM, ET BFSI
New Delhi: On National Technology Day, Prime Minister Narendra Modi on Sunday remembered the 1998 Pokhran nuclear tests and said India is emerging as a global leader in different aspects of technology.National Technology Day commemorates the momentous events of May...
Bitcoin Analysis for Today | Forexlive
Bitcoin Analysis for Today: tradeCompass Highlights Critical Levels Near $104,265Today's Bitcoin Futures (BTC) are trading at approximately $104,265, slightly below today's Volume Weighted Average Price (VWAP) at $104,530, signaling mild intraday bearish momentum....
FX option expiries for 12 May 10am New York cut
There are a couple to take note of on the day, as highlighted in bold.The first being for EUR/USD at the 1.1250 level. It isn't one that ties to any technical significance but the expiries do sit nearby the gap closure level after the pair opened with a gap down...
NFTs in E-commerce: Transforming Online Shopping Experiences
NFTs in E-commerceNon-Fungible Tokens (NFTs) are rapidly gaining ground in the e-commerce sector, offering new ways for businesses to connect with customers, authenticate products, and create unique shopping experiences. As more brands look to differentiate themselves...
Trump gifted Qatar super plane as Air Force One
U.S. President Donald Trump boards Air Force One for travel back to Washington, D.C., at Palm Beach International Airport, in West Palm Beach, Florida, U.S. May 4, 2025. Leah Millis | ReutersPresident Donald Trump is preparing to accept a luxury jet from the royal...
U.S. trade talks with China were ‘productive,’ Bessent says
U.S. Treasury Secretary Scott Bessent testifies before a House Financial Services Committee hearing entitled "The Annual Testimony of the Secretary of the Treasury on the State of the International Financial System," on Capitol Hill in Washington, D.C., U.S., May 7,...
Iran, US conclude 4th round of talks over Tehran’s nuclear program
The flag of Iran is seen in front of the building of the International Atomic Energy Agency (IAEA) Headquarters on May 24, 2021 in Vienna, Austria.Michael Gruber | Getty Images News | Getty ImagesDUBAI, United Arab Emirates (AP) — Iran and the United States held a...
If someone cares about you, they won’t play these 12 emotional games
Ever feel like you’re in a maze when dealing with someone? Like you’re always trying to figure out what they mean or why they’re acting a certain way? If this rings a bell, you might be tangled up in some emotional games. We all know relationships can be tough. They...
Trump official says 10% tariffs will stick around
U.S. President Donald Trump holds a chart next to U.S. Secretary of Commerce Howard Lutnick as Trump delivers remarks on tariffs in the Rose Garden at the White House in Washington, D.C., on April 2, 2025.Carlos Barria | ReutersCommerce Secretary Howard Lutnick said...
RBI fines SBI and Jana Small Finance Bank for certain non-compliances, ET BFSI
NEW DELHI: The Reserve Bank of India (RBI) on Friday fined State Bank of India and Jana Small Finance Bank for failing to follow certain regulatory non-compliances.According to the RBI, it has levied a fine of Rs 1,72,80,000 on SBI for failing to adhere to guidelines...
Walgreens doubles down on robots to fill prescriptions amid turnaround
A robotic arm fills prescriptions at a Walgreens' micro-fulfillment center.Courtesy: WalgreensAs struggling drugstore chains work to regain their footing, Walgreens is doubling down on automation. The company is expanding the number of retail stores served by its...
Trump trade war brings renewed importance
Michelle Monaghan, Leslie Bibb, and Carrie Coon in 'The White Lotus' on HBO. Courtesy: Fabio Lovino | HBOMedia companies are staring down widespread economic uncertainty as their annual pitch to advertisers and marketers kicks off.This week legacy entertainment giants...
FX week in review: eToro IPO resumes, iForex filing IPO, Taurex Prime launch
Before we get to this week’s top FX and CFDs sector news stories, we’re pleased to report record traffic this past month on FNG for hits, visitors, email subscribers, pageviews… April 2025 traffic on FNG was up 44% (!!) over March, which was also a record month at the...
People who thrive in retirement often avoid these 7 toxic habits
Retirement can be a glorious chapter in life, or it can be a challenging one. Much depends on the mindset and habits we carry into this phase. If you’re wondering why some folks seem to thrive in retirement while others struggle, it often boils down to the habits...
7 signs you were raised by an emotional bully for a parent, says psychology
There’s a thin line between being raised under tough love and being parented by an emotional bully. This line, often blurred, can significantly impact your personal and professional life, shaping your responses to challenges and interactions with others. Psychology...
Trump official says NJ Democrats could face charges
Mayor Ras Baraka of Newark in handcuffs outside Delaney Hall detention facility in Newark, NJ on May 9, 2025.Courtesy: Newark Mayor's OfficeThe Trump administration suggested Saturday that New Jersey Democratic lawmakers involved in a clash a day earlier with...
Pope Leo explains name: AI, worker rights
Newly elected Pope Leo XIV, Cardinal Robert F. Prevost of the U.S., appears on the balcony of St. Peter's Basilica at the Vatican, May 8, 2025.Dylan Martinez | ReutersPope Leo XIV said Saturday that he selected his name in part to commemorate Pope Leo XIII for his...
Europe leaders, in Kyiv, turn up pressure on Russia over ceasefire
Ukraine and European leaders agreed on Saturday to an unconditional 30-day ceasefire on May 12 with the backing of U.S. President Donald Trump, threatening President Vladimir Putin with new "massive" sanctions if he failed to comply.The announcement was made by the...
7 habits emotionally fulfilled people avoid at all costs, says psychology
“The key to happiness lies within us”, you might have heard this a thousand times. It’s true. Psychology backs it up, suggesting emotionally fulfilled people, those who seem to have an endless supply of smiles and an unshakeable peace, possess a secret. It’s not what...
30,000 cases settled before admission in IBC, covering Rs 13.78 lakh cr default: IBBI official, ET BFSI
30,000 cases settled before admission in IBC, covering Rs 13.78 lakh cr default: IBBI officialKolkata, Over 30,000 cases were settled before their admission in the Insolvency and Bankruptcy Code (IBC) till December 2024, covering defaults worth Rs 13.78 lakh crore, a...
Pope Leo tells cardinals they must continue ‘precious legacy’ of Pope Francis
Pope Leo XIV leads the Pro Ecclesia Mass in the Sistine Chapel, on May 09, 2025 in Vatican City, Vatican. Vatican Pool - Corbis | Corbis News | Getty ImagesPope Leo XIV signaled on Saturday he would continue with the vision and reforms of Pope Francis, telling the...
India and Pakistan agree to immediate ceasefire
India's Foreign Secretary Vikram Misri holds a press briefing at Ministry of External Affairs (MEA) in New Delhi, India, May 10, 2025. Anushree Fadnavis | ReutersIndia and Pakistan have agreed to an "immediate ceasefire," President Donald Trump said Saturday,...
Rare platinum Rolex heads to auction, could fetch $1.7 million
A rare 1999 platinum Rolex Daytona featuring a mother-of-pearl dial with diamond hour markers — one of only four known to exist.Courtesy of Sotheby'sA legendary timepiece is about to step into the spotlight.A 1999 platinum Rolex Daytona is heading to auction on Sunday...
Trump’s crypto agenda threatened by his pursuits of personal profits
U.S. President Donald Trump looks on as he gives remarks outside the West Wing at the White House in Washington, D.C., U.S., May 8, 2025. Kent Nishimura | ReutersPresident Donald Trump is standing in his own way when it comes to passing crypto legislation.Lawmakers...
IMF approves USD 1 billion loan for Pak; India abstains from vote, opposes funds to terror-sponsor, ET BFSI
IMF approves USD 1 billion loan for Pak; India abstains from vote, opposes funds to terror-sponsorNew York/Islamabad, The International Monetary Fund has approved the immediate disbursement of about USD 1 billion to Pakistan under the ongoing Extended Fund Facility....
Forex Reserves: Big jump in gold reserves! Not just India’s RBI, central banks around the world are stocking up on gold
RBI has been on a gold buying spree, but it’s not alone! Several countries besides India are increasing their gold holdings significantly. Among countries that witnessed the most substantial increase in gold's proportion of their total foreign exchange reserves...
Trump to nominate CFBP pick Jonathan McKernan for Treasury post
Jonathan McKernan testifies during a Senate Banking, Housing and Urban Affairs Committee confirmation hearing on Capitol Hill in Washington, D.C., U.S., February 27, 2025.Annabelle Gordon | ReutersPresident Donald Trump plans to nominate Jonathan McKernan to be...
Virtual chronic care company Omada Health files for IPO
Omada Health smart devices in use.Courtesy: Omada HealthVirtual care company Omada Health filed for an IPO on Friday, the latest digital health company that's signaled its intent to hit the public markets despite a turbulent economy. Founded in 2012, Omada offers...
If someone really loves you, they won’t hesitate to do these 8 uncomfortable things
If someone truly loves you, they’ll go to great lengths for your happiness, even if it means stepping out of their comfort zone. That’s the premise of love, isn’t it? But how can you tell? Well, it’s not as straightforward as reading an emotion on a face. Human...
Google to pay Texas $1.4 billion in data privacy settlement
A Google corporate logo hangs above the entrance to the company's office at St. John's Terminal in New York City on March 11, 2025.Gary Hershorn | Corbis News | Getty ImagesGoogle agreed to pay nearly $1.4 billion to the state of Texas to settle allegations of...
ESPN flagship streaming app to be named ‘ESPN,’ sources say
A general view of the ESPN logo on a camera at Simmons Bank Liberty Stadium in Memphis, Tennessee, on April 6, 2024.Wes Hale | UFL | Getty ImagesAt long last, ESPN has chosen a name for its upcoming all-access streaming service.Ready?It's "ESPN."Disney's sports media...
Newark Mayor Ras Baraka arrested for trespass at ICE NJ center
Mayor Ras Baraka of Newark speaks to the press near ICE agents at a demonstration outside an immigrant detention centre in Elizabeth, New Jersey May 7, 2025. Timothy A. Clary | AFP | Getty ImagesNewark Mayor Ras Baraka was arrested Friday by federal authorities for...
People who overcome loneliness usually adopt these 7 powerful habits
Growing up, I was often told, “No man is an island.” A quirky old saying, but it holds an undeniable truth: we humans are social creatures, designed for connection and interaction. However, navigating through loneliness can sometimes feel like a solo journey across a...
RBI imposes penalties on SBI, Jana Small Finance Bank, ET BFSI
The RBI on Friday said it has imposed penalties on State Bank of India and Jana Small Finance Bank for certain deficiencies in compliance of norms. The Reserve Bank of India (RBI) said a penalty of Rs 1,72,80,000 has been imposed on SBI for non-compliance with certain...
Google search remedies trial wraps
Liz Reid, vice president, search, Google speaks during an event in New Delhi on December 19, 2022.Sajjad Hussain | AFP | Getty ImagesTestimony in Google's search remedies trial that wrapped hearings Friday shows how the company is calculating possible changes proposed...
Trump administration eyes suspending habeas corpus
White House deputy chief of staff for policy Stephen Miller speaks to the media outside the White House in Washington, D.C., U.S., May 9, 2025. Kent Nishimura | ReutersWhite House deputy chief of staff for policy Stephen Miller said Friday that the Trump...
Affirm drops 13% on weak forecast, skepticism of CEO’s bet on 0% loans
Max Levchin, co-founder of PayPal and chief executive officer of financial technology company Affirm, arrives at the Sun Valley Resort for the annual Allen & Company Sun Valley Conference, in Sun Valley, Idaho.Drew Angerer | Getty ImagesAffirm shares plunged on...
David Steiner, FedEx director, to lead USPS as postmaster general
FILE PHOTO: David Steiner, smiles while speaking at the OPEC Oil Embargo +40 conference hosted by Securing America's Future Energy (SAFE) in Washington, D.C., U.S., on Wednesday, Oct. 16, 2013. Joshua Roberts | Bloomberg | Getty ImagesThe U.S. Postal Service Board of...
Rippling valued at $16.8 billion in $450 million funding round
From left, Parker Conrad, co-founder and CEO of Rippling, and Kleiner Perkins investor Ilya Fushman speak at the venture firm's Fellows Founders Summit in San Francisco in September 2022.RipplingHuman resources software startup Rippling said Friday that its valuation...
Fortnite applies to launch on Apple’s App Store after Epic Games court win
Jakub Porzycki | Nurphoto | Getty ImagesEpic Games said on Friday that it had submitted Fortnite to Apple's App Store, the month after a judge ruled in favor of the game maker in a contempt ruling.Fortnite was booted from iPhones and Apple's App Store in 2020, after...
Ukraine to host coalition of willing leaders Saturday, Zelenskiy says
President Volodymyr Zelenskyy attends the European leaders' summit to discuss European security and Ukraine, at Lancaster House in London, Britain, March 2, 2025. Javad Parsa | Via ReutersUkraine will host a meeting of leaders of the so-called "coalition of the...
eToro collaborates with Google to debut Veo 2 brand campaign
Online broker eToro has partnered with Google to launch one of the first TV and YouTube advertising campaigns fully created using Veo 2, the advanced video generation technology from Google DeepMind. This collaboration marks a significant milestone in the use of...
Bitcoin holds above $100,000 while ether rockets to its best week since 2021
People walk past a neon sign advertising a Bitcoin and Ethereum crypto currency exchange in Warsaw, Poland on 19 May, 2024. Jaap Arriens | Nurphoto | Getty ImagesCryptocurrencies extended their rally to end the week, with bitcoin holding steady above the $100,000...
Newark air traffic controllers lost contact with planes overnight
A man stands outside Terminal C with the airport control tower in the background at Newark Liberty International Airport, on May 6, 2025 in Newark, New Jersey. Andres Kudacki | Getty ImagesAir traffic controllers who guide planes in and out of Newark Liberty...
Trump heads to Middle East with oil, arms, nuclear ambitions in focus
US President Donald Trump (R) and Saudi Deputy Crown Prince Mohammad bin Salman al-Saud take part in a bilateral meeting at a hotel in Riyadh on May 20, 2017.Mandel Ngan | AFP | Getty ImagesDUBAI, United Arab Emirates — U.S. President Donald Trump will touch down in...
Tech’s strong ad sales are starting to crack from Trump’s trade war
Vincent Feuray | Afp | Getty ImagesThe digital advertising market was sunny enough for investors this past quarter, providing what could be a last hurrah before a looming economic storm from President Donald Trump's tariff onslaught.Wall Street cheered the...
iForex considers IPO, plans applying for shares admission on LSE’s Main Market
iFOREX Financial Trading Holdings Ltd., a fintech business with a proprietary online and mobile trading platform for CFDs, announces that it is considering an initial public offering (the “IPO” or the “Offer”) and that it has earlier today published a registration...
Something ‘striking’ is happening with apartment renters
Renting has its benefits. It's usually cheaper than buying a home, and it offers the freedom of moving without much hassle. That's why about half of apartment renters in large urban markets usually move when their leases expire. But that is not happening now.The low...
New FEMA head says he will ‘run right over’ staff who resist changes
FEMA (Federal Emergency Management Agency) Headquarters is seen in Washington, DC, February 11, 2025.Saul Loeb | Afp | Getty ImagesDavid Richardson, the new head of the Federal Emergency Management Agency, told staff on Friday he will "run right over" anyone that...
CME Group fines PIMCO for position limit violations
International derivatives marketplace CME Group has posted a notice of disciplinary action against Pacific Investment Management Company LLC (PIMCO). Pursuant to an offer of settlement in which PIMCO neither admitted nor denied the Rule violation or factual findings...
7 things happy people do every day without thinking about it, according to psychology
Hey there, Lachlan Brown here. I’m the founder of Hack Spirit and a bit of a psychology nerd. For the longest time, happiness felt like a foreign concept to me. I mean, sure, I’d heard about it, read about it, but it seemed elusive. You know what I’m talking about,...
Trump backs tax hike on rich, says GOP maybe shouldn’t
U.S. President Donald Trump speaks during a swearing-in ceremony of Special Envoy Steve Witkoff in the Oval Office at the White House in Washington, D.C., U.S., May 6, 2025. Kent Nishimura | ReutersPresident Donald Trump on Friday tepidly backed the idea of raising...
The US and UK signed a trade agreement. China’s trade balance data pleased investors :: InvestMacro
US stocks continued to rise on Thursday as expectations of tariff cuts from major trading partners triggered a rally in US capital markets. The Dow Jones Index (US30) was up 0.62%. The S&P 500 Index (US500) gained 0.58%. The Nasdaq Technology Index (US100) closed...
Teal Health at-home cervical cancer screening test wins FDA approval
The Food and Drug Administration on Friday approved the first-ever at-home test for cervical cancer screening, developed by San Francisco-based startup Teal Health.The company began developing the prototype for its Teal Wand just over five years ago. The concept was...
David Souter, retired Supreme Court justice, dies at 85
Portrait de David Hackett Souter.Jeffrey Markowitz | Sygma | Getty ImagesRetired Supreme Court Justice David Souter died Thursday at his home in New Hampshire, the court said in a statement. He was 85 years old.Souter, who was appointed to the high court in 1990 by...
Paysafe, Fiserv expand their long-term partnership
Payments platform Paysafe (NYSE:PSFE) and global provider of payments and financial services technology solutions Fiserv, Inc. (NYSE:FI) are expanding their long-term partnership to deliver even greater value to their customers. This collaboration includes several key...
Lyft CEO says no signs of worry in the consumer
Lyft CEO David Risher poses for a portrait in New York City, U.S., April 16, 2025. Kylie Cooper | ReutersLyft shares climbed 20% Friday after the ride-sharing company upped its share buyback plan and posted better-than-expected gross bookings.During an interview with...
Dollar ready to flex its muscles? :: InvestMacro
FXTM’s USDInd ↑ 2.5% from 2025 lowUS-China trade talks over weekend could rock USDUS CPI + data dump + Powell Speech = more USD volatility?US CPI sparked moves of ↑ 0.4% & ↓ 1.0% over past yearTechnical levels: 102.20, 100.00 & 99.20The United States has...
Amazon Is going after Google and Microsoft in quantum computing
Another major player has entered the quantum-computing race: Amazon. The tech giant is the latest to make waves in the field with the February announcement of Ocelot, its own quantum chip. Amazon joins fierce competition from familiar rivals in cloud computing as...
Art market offers investors ‘escape’ from volatile stocks
A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. The art market is about to face its biggest test...
Cboe Silexx users can now create custom contra accounts list for crossing order types
Cboe Silexx, a multi-asset OEMS that caters to the professional marketplace, has announced a series of enhancements as part of version 25.5. Multi Order Ticket, Quick Ticket, and FLEX Ticket | Defined Contra Accounts Users can now create a custom contra accounts list...
RBI asks banks and NBFCs to be on high alert for potential cyber attacks, ET BFSI
RBI asks banks and NBFCs to be on high alert for potential cyber attacksThe Reserve Bank of India (RBI) has sounded the alarm for leading banks and non-banking financial companies (NBFCs), urging them to remain on high alert amid intelligence reports of potential...
CySEC withdraws CIF license of Viverno Markets
The Cyprus Securities and Exchange Commission (CySEC) today announced the withdrawal of the Cyprus investment firm (CIF) authorization of Viverno Markets Ltd. The firm has not provided investment services or performed investment activity for the six months that...
Trump says 80% tariff on China ‘seems right’ ahead of U.S.-Beijing trade talks
US President Donald Trump, alongside Treasury Secretary Scott Bessent (R), speaks during a bilateral meeting with Prime Minister of Norway Jonas Gahr Store in the Cabinet Room of the White House in Washington, DC, on April 24, 2025. Saul Loeb | Afp | Getty...
Banks, REs to furnish details of digital lending apps on RBI’s CIMS portal, ET BFSI
Banks, REs to furnish details of digital lending apps on RBI's CIMS portalMumbai, Banks and other regulated entities will have to furnish details of their Digital Lending Apps through the Centralised Information Management System (CIMS) portal of the Reserve Bank. As...
Two professional day traders plead guilty to insider dealing following prosecution brought by FCA
Today at Southwark Crown Court, Matthew and Nikolas West pleaded guilty to insider dealing, following a prosecution brought by the UK Financial Conduct Authority (FCA). Between November 2016 and January 2020, Matthew West used confidential, inside, information to deal...
World Bank says it can’t play any role beyond being a facilitator, ET BFSI
India, Pakistan Indus Waters Treaty: World Bank says it can't play any role beyond being a facilitatorThe World Bank on Friday said that the organisation is merely a facilitator in the Indus Waters Treaty that India suspended last month in retaliation against the...
CFTC takes DSD Capital Management to Court
The Commodity Futures Trading Commission (CFTC) has launched a lawsuit against DSD Capital Management LLC. The complaint was filed on May 7, 2025, at the New York Northern District Court. From at least February 2021 through at least November 2023 (the “Relevant...
Ferrero changes Nutella, Ferrero Rocher in U.S. market
Containers of Nutella hazelnut spread made by the Ferrero company is displayed on March 27, 2024 in San Anselmo, California. Justin Sullivan | Getty Images News | Getty ImagesFerrero North America is adding peanuts to its Nutella, turning its Ferrero Rocher spheres...
How Cryptocurrency is Disrupting Traditional Banking Models
Cryptocurrency is Disrupting Traditional BankingCryptocurrency has rapidly shifted from a niche concept to a global force, challenging the very foundation of traditional banking. For businesses and clients exploring the potential of digital assets, understanding this...
Palantir joins top 10 most valuable tech companies, stock at premium
Palantir Technologies CEO Alex Karp appears on a Bloomberg television interview during the FoundryCon event in Palo Alto, California, on March 7, 2024.David Paul Morris | Bloomberg | Getty ImagesThere's a new member in the list of the top 10 U.S. technology companies...
Exclusive: Taurex launching Taurex Prime institutional solutions for Brokers, Prop Firms
FNG Exclusive… FNG has learned that online trading firm Taurex is in process of launching Taurex Prime, a powerful institutional solutions provider offering bespoke liquidity, advanced technology infrastructure, and strategic support for brokers, hedge funds,...
M&A deals value plunges 75% in April as cross-border funding dries out amid global turmoil, ET BFSI
Indian markets witnessed volatility in April 2025, driven by increasing global uncertainty, resulting in a 53% decline in deal values at $4.4 billion that included Mergers and Acquisitions (M&As), Private Equity (PE) deals, initial public offerings (IPOs) and QIP...
Lyft Q1 earnings report 2025
Lyft signage on a vehicle in New York, US, on Tuesday, Feb. 6, 2024.Shelby Knowles | Bloomberg | Getty ImagesLyft shares jumped 7% after the company boosted its share buyback plan to $750 million in its first quarter earnings report.Shares were as high as 10%...
RBI eases debt market rules for FPIs, BFSI News, ET BFSI
Mumbai: RBI has eased investment restrictions for foreign portfolio investors in the corporate debt market. This move is likely to deepen market liquidity and align India more closely with global capital flows. RBI announced it will remove both the short-term...
Celsius CEO Alex Mashinsky sentenced to 12 years in crypto fraud case
Alex Mashinsky, former chief executive officer of Celsius Network Ltd., arrives at court in New York, US, on Thursday, May 8, 2025.Yuki Iwamura | Bloomberg | Getty ImagesAlexander Mashinsky, the former CEO of Celsius Network, was sentenced to 12 years in prison on...
EMAlpha chooses State Street’s LINK platform for integration of multilingual AI co-pilot
State Street Corporation (NYSE:STT) has announced the first third-party integration to its ‘smart desktop’ platform, LINK, part of the suite of GlobalLINK trading platforms. EMAlpha will make its multilingual AI-powered information flow scanning and summarization tool...
Bank of Baroda, ET BFSI
The recently concluded Free Trade Agreement (FTA) between India and the United Kingdom is expected to benefit both nations economically and could also pave the way for similar agreements with other countries such as the United States and the European Union, says a...
Bitcoin hits a high circa US$104K
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Pinterest Q1 earnings report 2025
Bill Ready, CEO of Pinterest, rings the opening bell at the New York Stock Exchange on May 15, 2024.Brendan McDermid | ReutersPinterest shares rose 15% in extended trading Thursday after the company reported first-quarter earnings and provided better-than-expected...
How Blockchain and Crypto Are Transforming the Gaming Industry
Blockchain and Crypto Are Transforming the Gaming IndustryBlockchain and cryptocurrency are no longer just buzzwords in the world of finance-they are now at the heart of a major shift in the gaming industry. From giving players true ownership of their digital assets...
Government expands credit guarantee scheme to boost capital access for Startups, ET BFSI
Government expands credit guarantee scheme to boost capital access for StartupsNew Delhi [India], May 9 (ANI): In a move aimed at further strengthening the startup ecosystem in India, the Government has expanded the Credit Guarantee Scheme for Startups (CGSS) to...
Japan March leading indicator index 107.7 vs 108.2 prior
Coincident index 116.0Prior 117.3The assessment of the coincident index remains the same as before, seen as "halting to fall". This article was written by Justin Low at www.forexlive.com.
Ascent Investment and Coaching director Michael Dunjey charged with 33 criminal offences
Director of Ascent Investment and Coaching Pty Ltd, Michael Dunjey of Hampton, Victoria, appeared at the Perth Magistrates Court on 9 May 2025, charged with 33 criminal offences. Mr Dunjey is charged with: 23 counts of fraudulently obtaining a benefit under section...
8 signs you’re the one who always gives more than they get in a friendship
When someone repeatedly forgets to return your calls, it’s clear they’re not valuing your time. When a friend cancels plans at the last minute, it’s evident they’re taking you for granted. That’s friendship 101. However, relationships aren’t always that black and...
Affirm (AFRM) earnings report Q3 2025
Affirm, the provider of buy now, pay later loans, gave a revenue forecast for the current quarter that trailed analysts' estimates even as profit for the prior quarter was better than expected. The stock fell 8% in extended trading on Thursday.Here's how the company...
What is Peanut the Squirrel (PNUT) and How Does it Work?
When you take a look at the cryptocurrency space, all you can find is a continuously growing trend of competition for financial gains. Most of the new projects, including memecoins, focus on gaining attention to boost their popularity. Interestingly, Peanut the...
7 things people with high emotional intelligence never say to people they value
Isn’t it fascinating how some people always seem to say the right thing at the right time? It’s like they have a sixth sense for navigating complex social situations, always leaving you feeling heard, valued, and respected. This, my friend, is a sign of high emotional...
Indian central bank likely selling dollars to support rupee, traders say, ET BFSI
Indian central bank likely selling dollars to support rupee, traders sayMUMBAI, - The Reserve Bank of India likely intervened via state-run banks to support the rupee on Friday as the intensifying conflict between India and Pakistan pressured the South Asian currency,...
Standard Chartered say they were wrong on US$120K BTC Q2 forecast – too low!
Standard Chartered is reconsidering its US$120,000 BTC forecast for Q2 2025: “I apologise that my USD120k Q2 target may be too low,” Stan Chart see the crypto heading higher, citing:strategic asset reallocation away from US assetsaccumulation by whalesdominant story...
FX option expiries for 9 May 10am New York cut
There are a couple to take note of on the day, as highlighted in bold.The first one is for EUR/USD at the 1.1200 mark. Amid a firmer dollar, the expiries here could help to act as a bit of a floor for price action before we get to US trading. That is considering the...
Shares in Chinese chipmaker SMIC drop nearly 7% after earnings miss
A logo hangs on the building of the Beijing branch of Semiconductor Manufacturing International Corporation (SMIC) on December 4, 2020 in Beijing, China.Vcg | Visual China Group | Getty ImagesShares of Semiconductor Manufacturing International Corporation, China's...
Celsius founder Alexander Mashinsky sentenced to 12 years for commodities and securities fraud
Alexander Mashinsky, the founder and former Chief Executive Officer of Celsius Network LLC and their affiliated entities, was sentenced to 12 years for committing commodities fraud and securities fraud at Celsius. Alexander Mashinsky previously pleaded guilty on...
If you feel stuck in your career, say goodbye to these 9 habits
I remember a time early in my consulting career when every Sunday night brought a wave of unease. My work felt like a dead end. There were no exciting projects, no spark, and certainly no forward motion. I’d convinced myself it was my boss’s fault or the company’s...
Theranos founder Elizabeth Holmes loses appeal rehearing bid
Theranos founder Elizabeth Holmes arrives to begin serving her prison sentence for defrauding investors in the failed blood-testing startup, at the Federal Prison Camp in Bryan, Texas, May 30, 2023.Go Nakamura | ReutersFormer Theranos CEO Elizabeth Holmes on Thursday...
Trump says it is ‘such an honor’ that Vatican elected first U.S. pope
President Donald Trump congratulated Robert Francis Prevost after his election as pope Thursday, making him the first American-born pontiff in the history of the Roman Catholic Church.Prevost, 69, of Chicago, will be known as Pope Leo XIV."It is such an honor to...
Trump pulls nomination of Ed Martin for D.C. federal prosecutor
U.S. President Donald Trump makes an announcement about a trade deal with the U.K., in the Oval Office at the White House in Washington, D.C., U.S., May 8, 2025. Leah Millis | ReutersPresident Donald Trump said Thursday that he will pull his controversial nomination...
Bill Gates doubles giving to $200 billion, ‘virtually all’ his wealth
Bill Gates arrives for a press conference to launch the Global Polio Eradication Initiative at the European Commission's Berlaymont headquarters in Brussels on October 11, 2023.Simon Wohlfahrt | Afp | Getty ImagesBillionaire Bill Gates announced on Thursday that he...
Cardinals pick new pope as white smoke seen at Vatican
White smoke rises from the chimney on the Sistine Chapel, indicating that a new pope has been elected at the Vatican, May 8, 2025. Dylan Martinez | ReutersRoman Catholic cardinals selected a new pope on the second day of their conclave Thursday, signaling the election...
Swissquote adds Hans-Rudolf Köng to its Board
Leading Swiss online trading and banking firm Swissquote (SWX:SQN) has announced that its shareholders have voted in favour of all motions at the company’s General Meeting 2025, including the appointment of a new Director. At today’s ordinary General Meeting of...
Krispy Kreme stock plunges after McDonald’s rollout pause
Justin Sullivan | Getty Images News | Getty ImagesKrispy Kreme stock plunged 24% on Thursday morning after the doughnut chain said it is "reassessing" its rollout with McDonald's and pulled its full-year outlook in part due to economic "softness."Krispy Kreme is not...
Bitcoin hits $100K. Some background emerges on Trump’s touting of XRP
weekly bitcoinRisk assets are running today and crypto is flying. Bitcoin is up 4.7% to $101K in the first break above that level since early February. Ethereum is up nearly 15%.The market likes what it heard about Trump's trade deal with the UK. The President was...
Amazon adds pet prescriptions to its online pharmacy
Close-up of a hand holding a cellphone displaying the Amazon Pharmacy system, Lafayette, California, September 15, 2021. Smith Collection | Gado | Getty ImagesAmazon is expanding its online pharmacy to fill prescription pet medications, the company announced...
Maria Ramos commences her role as Standard Chartered Group Chair
Standard Chartered PLC today confirmed that Maria Ramos has commenced her role as Group Chair, with José Viñals stepping down from the Board. Consequently, Maria Ramos has stepped down as Senior Independent Director and as a member of the Board Risk, Audit and...
Trump says 10% is floor for tariffs; ‘Some will be much higher’
President Donald Trump on Thursday said that 10% will be the floor for his tariffs on imports from other countries that seek to reach trade agreements with the United States."Some will be much higher because they have massive trade surpluses and in many cases they...
Enterprise Blockchain Solutions: From Concept to Crypto Launch
Enterprise Blockchain SolutionsIn today’s rapidly evolving digital economy, businesses are constantly seeking innovative ways to improve transparency, security, and efficiency. Blockchain technology has emerged as a powerful tool for enterprises, offering a...
Coinbase to acquire Deribit for $2.9bn
In a milestone transaction, Coinbase has entered into an agreement to acquire crypto options exchange Deribit. Coinbase is acquiring Deribit for approximately $2.9 billion, comprised of $700 million in cash and 11 million shares of Coinbase Class A common stock,...
Shopify (SHOP) earnings Q1 2025
The logo of Shopify is seen outside its headquarters in Ottawa, Ontario, Canada, September 28, 2018.Chris Wattie | ReutersShares of Shopify dipped more than 5% in early trading Thursday after the company posted mixed first-quarter results and issued soft guidance for...
If you’re an empath, these 8 behaviors will feel painfully familiar
If you’re an empath, you know that feeling all too well. The overwhelming sense of understanding another person’s emotions as if they were your own. And it’s not just a simple case of sympathy. It’s a deep, inherent connection that almost feels intrusive at times....
Coinbase acquires crypto derivatives exchange Deribit for $2.9 billion
The Coinbase logo is displayed on a smartphone with stock market percentages on the background.Omar Marques | SOPA Images | Lightrocket | Getty ImagesCoinbase agreed to acquire Dubai-based Deribit, a major crypto derivatives exchange, for $2.9 billion, the largest...
XGroup integrates the Leverate SiRiX platform for Brokers and Prop Trading firms
Cyprus based fintech and IT services firm XGroup has announced that the company has entered into a strategic partnership with Leverate, a leading provider of trading and brokerage technology solutions, to integrate SiRiX, Leverate’s all-in-one trading platform. This...
Senate stablecoin vote uncertain key Democrats back out
The Senate will hold a key vote on a landmark crypto regulation package on Thursday. Dubbed the GENIUS Act, the bill will require 60 votes to advance to the Senate floor for final passage.The GENIUS Act aims to create a regulatory framework for stablecoins, or digital...
Tether Launches USD₮ on Kaia Blockchain to Boost Web3 Adoption in Asia
Peter Zhang May 06, 2025 22:59 Tether has launched its USD₮ stablecoin on the Kaia blockchain, in collaboration with LINE NEXT, to enhance Web3 and stablecoin adoption across Asia. Tether, a leading entity in...
Whoop launches new wearables Whoop 5.0 and Whoop MG
Whoop member wears the new device.Courtesy of WhoopWhoop on Thursday announced two new wearable devices, Whoop 5.0 and Whoop MG, which feature sleeker hardware, a longer battery life and additional in-app health insights. Both of the company's new devices are designed...
Bitcoin’s April Surge Sets Stage for a Promising Summer
Timothy Morano May 07, 2025 00:04 Bitcoin (BTC) experienced a remarkable 14.08% increase in April, surpassing expectations and suggesting a bullish trend for the upcoming summer, according to Bitfinex Alpha. ...
FTX claims against Steph Curry, Tom Brady, other celebs dismissed
Stephen Curry #30 of the Golden State Warriors drives to the basket in the second quarter against Dyson Daniels #11 of the New Orleans Pelicans at Chase Center on April 12, 2024 in San Francisco, California. Kavin Mistry | Getty ImagesA Florida federal judge has...
CONSOB blocks website that “cloned” Italy’s Minister of Economy Giancarlo Giorgetti
Italy’s Companies and Exchange Commission (CONSOB) has ordered the blocking of access to a website abusing the image of the Minister of Economy, Giancarlo Giorgetti. The regulator has ordered the blackout of the website https://giogetti-invest.com, which “cloned” the...
Trump to unveil UK trade deal after tariff pause
US President Donald Trump speaks during a press conference with British Prime Minister Keir Starmer in the East Room of the White House in Washington, DC, on February 27, 2025. Saul Loeb | Afp | Getty ImagesPresident Donald Trump is set to unveil a trade agreement...
Family offices bet on AI even as deals slow
Jack Hidary, CEO of SandboxAQCourtesy of SandboxAQA version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high net worth investor and consumer. Sign up to receive future editions, straight to your...
StanChart analyst apologizes $120K bitcoin price call ‘too low’
Vcg | Visual China Group | Getty ImagesA Standard Chartered analyst who predicted bitcoin hitting $120,000 by the second quarter now says his price call is "too low.""I apologise that my USD120k Q2 target may be too low," Geoffrey Kendrick, head of digital assets at...
Hong Kong Announces Tender for 5-Year RMB Government Bonds
Darius Baruo May 07, 2025 03:10 The Hong Kong Monetary Authority will hold a tender for RMB1.5 billion 5-year government bonds on May 13, 2025, with proceeds supporting infrastructure projects. The Hong Kong...
Restaurant Brands International (QSR) Q1 2025 earnings
A Burger King restaurant is seen on October 25, 2024 in New York City. Michael M. Santiago | Getty ImagesRestaurant Brands International on Thursday reported quarterly earnings and revenue that missed analysts' expectations as same-store sales of Popeyes, Burger King...
Europe to launch dispute against U.S. tariffs with WTO
This photograph shows a European flag flying outside the EU headquarters in Brussels on May 6, 2025. Nicolas Tucat | Afp | Getty ImagesThe European Union's executive arm on Thursday said it would launch a dispute with the World Trade Organization over the U.S.'s...
Crypto.com Exchange joins Lynq as launch partner
Lynq, a real-time, yield-bearing settlement network for digital assets, today announced that Crypto.com Exchange has joined the network as a launch partner. The Crypto.com Exchange now becomes the first digital asset exchange to integrate with Lynq and will help...
HKMA Warns Public of Fraudulent Websites Linked to Octopus Cards
The Hong Kong Monetary Authority alerts the public about fraudulent websites impersonating Octopus Cards Limited, urging vigilance to protect personal information. (Read More)
StoneX registers drop in revenues from FX/CFD contracts in Q2 FY25
StoneX Group Inc. (NASDAQ:SNEX), which owns retail FX brands such as FOREX.com and City Index, has announced its financial results for the fiscal year 2025 second quarter ended March 31, 2025. Operating revenues derived from FX/CFD contracts declined $9.4 million, as...
India inflation likely cooled in April, albeit slightly: Reuters poll, ET BFSI
India inflation likely cooled in April, albeit slightly: Reuters pollBy Pranoy KrishnaBENGALURU - Indian consumer inflation likely eased to a near six-year low in April after a further moderation of food price rises, keeping it below the Reserve Bank of India's 4%...
Bitfarms (BITF) to Host Q1 2025 Conference Call on May 14
Terrill Dicki May 07, 2025 03:43 Bitfarms Ltd. will release its Q1 2025 financial results on May 14, 2025, followed by a management-hosted conference call. The event will detail the company's Bitcoin mining and energy...
Trump calls Fed Chair Jerome Powell a ‘fool’ after central bank keeps rates steady again
President Donald Trump derided Federal Reserve Chairman Jerome Powell once again Thursday, a day after the central bank voted to not lower rates because of economic uncertainty created by tariffs.Trump said in a Truth Social post:"'Too Late' Jerome Powell is a FOOL,...
Bitcoin (BTC) Surges to Two-Month High, Sparks Capital Inflows and Market Optimism
Terrill Dicki May 07, 2025 13:50 Bitcoin's price reaches $97.9k, the highest in two months, igniting renewed capital inflows and easing financial stress among investors, according to Glassnode. Bitcoin's recent...
UBS on track to complete integration of Credit Suisse by end-2026
UBS today provided an update on the integration of Credit Suisse. UBS said it continues to be on track to substantially complete the integration of Credit Suisse by the end of 2026. The focus currently remains on client account migrations and infrastructure...
Soccer fandom to improve maternal health
Mother's Day on Sunday marks the launch of an innovative program to improve maternal health by harnessing the power of soccer fandom.The World Health Organization says maternal mortality is unacceptably high. More than 700 women died every day in 2023 from preventable...
LSEG’s Post Trade Solutions executes first GBP/USD compression run at SwapAgent
LSEG today announced that Post Trade Solutions has successfully completed its first GBP/USD multilateral compression run at SwapAgent, the service for the non-cleared derivatives market. Post Trade Solutions brings together Quantile, Acadia and SwapAgent to minimise...
Arm (ARM) Q1 earnings reports 2025
Rene Haas, CEO of chip tech provider Arm Holdings, holds a replica of a chip with his company's logo on it, during an event in which Malaysia's Prime Minister Anwar Ibrahim officially announces a $250 million deal with the company, in Kuala Lumpur, Malaysia March 5,...
Enhancing 3D Workflows: Python’s Role in Automating OpenUSD Processes
Felix Pinkston May 07, 2025 14:09 Explore how Python enhances automation in 3D workflows with OpenUSD, enabling rapid prototyping and efficient scene manipulation, crucial for industries handling complex 3D data. ...
AppLovin shares pop on earnings beat, mobile gaming business sale
Thomas Fuller | SOPA Images | Lightrocket | Getty ImagesAppLovin shares soared as high as 15% in extended trading after the company reported earnings and revenue that beat expectations and announced the sale of its mobile gaming business.Here's how the company did...
RBI to be more transparent in framing rules, BFSI News, ET BFSI
The Reserve Bank of India on Tuesday stated that it will follow a consultative approach framework for issuing any new guidelines whereby it would give stakeholders 21 days to comment on draft regulations and conduct an impact analysis of the regulation before...
Exclusive: DB Investing hires Moneta Markets bizdev exec Mohamed Elsaka
FNG Exclusive… FNG has learned that Dubai based Retail FX and CFDs broker DB Investing has continued a recent hiring spree, adding Mohamed Elsaka as Senior Business Development Manager, and Market Analyst. Mohamed Elsaka joins DB Investing from Moneta Markets, where...
Trump’s China ambassador David Perdue sworn in before trade talks
U.S. President Donald Trump shakes hands with former U.S. Senator David Perdue during Perdue's swearing-in ceremony to be the new U.S. ambassador to China, at the White House in Washington, D.C., U.S., May 7, 2025.Leah Millis | ReutersPresident Donald Trump's pick for...
Trump crypto advisor David Bailey $300 million bitcoin investment co
Vcg | Visual China Group | Getty ImagesDavid Bailey, CEO of media group BTC Inc., and a key crypto advisor to President Donald Trump, has raised $300 million to launch a publicly traded bitcoin investment company, CNBC has confirmed.The deal, which has been in the...
March Madness drags down first-quarter results
Flutter CEO Peter Jackson told CNBC customer-friendly results in the NCAA's college basketball tournament weighed on overall first-quarter results for FanDuel's parent company. The global sports and online gambling platform reported first-quarter adjusted earnings per...
NVIDIA’s Rama Akkiraju Discusses AI’s Role in Bridging Business and Technology
Rebeca Moen May 07, 2025 14:39 NVIDIA's Rama Akkiraju explores the critical role of AI platform architects in aligning business strategies with technical execution, emphasizing the evolution of AI infrastructure. ...
RBI bumper Rs 3.5 trillion payout to help offset weak revenues, analysts say, ET BFSI
India’s central bank is expected to pay a record dividend to the government, offsetting shortfall in tax revenues due to slow growth and helping meet any emergency spending needs, economists said.Kotak Mahindra Bank Ltd. estimates the Reserve Bank of India to transfer...
India among top IPO markets in Q1 2025 amid muted global sentiment, ET BFSI
India among tops IPO markets in Q1 2025 amid muted global sentimentIndia accounted for 22% of global IPO activity in the January–March quarter of 2025, emerging as the leading market by number of listings and ranking fourth globally in terms of capital raised. A total...
Saxo Bank unveils SaxoPartnerConnect updates and enhancements
Multi-asset investment specialist Saxo Bank announces several updates and enhancements that are now available on SaxoPartnerConnect (SPC). Additional ‘Return %’ and ‘P/L’ data in Portfolio Depreciation EOD report The Portfolio Depreciation end-of-day file has been...
Nvidia shares rise as Trump prepares to end chip export restrictions
Nvidia CEO Jensen Huang, right, speaks alongside President Donald Trump about investing in America, at the White House in Washington, on April 30, 2025.Jim Watson | AFP | Getty ImagesNvidia shares rose on Wednesday as the Trump administration prepared to rescind...
Trump pulls surgeon general nominee Janette Nesheiwat
US Vice President JD Vance, from left, Pam Bondi, US attorney general, Chris Wright, US energy secretary, Janette Nesheiwat, US surgeon general nominee for US President Donald Trump, and Lee Zeldin, administrator of the US Environmental Protection Agency (EPA), during...
Finance Ministry unveils draft framework of Climate Finance Taxonomy, ET BFSI
Finance Ministry unveils draft framework of Climate Finance TaxonomyThe finance ministry Wednesday released a draft climate finance taxonomy framework that would help investors identify activities consistent with India's climate action goals and transition pathway,...
Saudi fund deepens investment in women’s professional golf
PIF will become the title sponsor of revamped golf series.Severn ImagesSaudi Arabia is deepening its investment in women's professional golf.The Public Investment Fund, the sovereign wealth fund of Saudi Arabia, announced on Wednesday that it will become the title...
7 overlooked skills that will get you promoted faster than hard work alone
Hard work is important, no doubt. But is it enough to propel you up the career ladder at a pace you desire? Not quite. There’s more to earning that promotion than just putting in long hours and crossing off tasks on your to-do list. In this rat race, there are certain...
Apple says Epic Games contempt ruling could cost ‘substantial sums’
An Apple store in Walnut Creek, California, U.S., on April 30, 2025.Paul Morris | Bloomberg | Getty ImagesApple is asking a court to pause a recent decision in its case against Epic Games and allow the iPhone maker to once again charge a commission on in-app...
Revolutionizing Healthcare: Five Ways AI is Making an Impact
Peter Zhang May 07, 2025 15:12 AI is revolutionizing healthcare by improving patient interactions, reducing clinician burnout, and enhancing diagnostic accuracy, according to Microsoft. Discover five key transformations here. ...
Monex to migrate its JASDECPS system to Broadridge’s cloud-based SaaS platform
Broadridge Financial Solutions, Inc. (NYSE:BR) today announced that Monex, Inc., a leading online brokerage firm, has chosen to migrate its current JASDECPS system to Broadridge’s advanced cloud-based SaaS platform. This strategic shift, scheduled to go live in May...
7 early warning signs you’re about to burn out
We’ve all been there. You’re juggling work, family, friends, and what feels like a million other responsibilities. The deadlines are piling up, your to-do list is growing longer by the minute, and you can feel the pressure mounting. Sound familiar? Well, you’re not...
NVIDIA Unveils Nemotron-CC: A Trillion-Token Dataset for Enhanced LLM Training
Joerg Hiller May 07, 2025 15:38 NVIDIA introduces Nemotron-CC, a trillion-token dataset for large language models, integrated with NeMo Curator. This innovative pipeline optimizes data quality and quantity for superior AI model...
US Fed keeps interest rates unchanged at 4.25-4.50% amid rising unemployment, inflation risks, ET BFSI
US Fed keeps interest rates unchanged at 4.25-4.50% amid rising unemployment, inflation risksNew Delhi [India], May 8 (ANI): The US Federal Reserve has decided to keep interest rates unchanged at 4.25 per cent to 4.50 per cent, as the risks of both higher unemployment...
India’s appeal for investors dimmed but not derailed by conflict with Pakistan, ET BFSI
India's appeal for investors dimmed but not derailed by conflict with PakistanThe latest conflict between India and Pakistan may impact New Delhi's efforts to pitch itself as a safe haven for foreign investors amid global economic turmoil - but not much, investors and...
Announcement – Certified Bitcoin Professional (CBP)™ Certification Launched
Bitcoin established the foundations of the crypto space and has grown beyond the identity of a mere cryptocurrency. We bring you the new Certified Bitcoin Professional Certification launched recently on 101 Blockchains as a trusted resource to prove your Bitcoin...
Arizona passes bill to establish Bitcoin reserve
Crypto-media reporting:Arizona passes bill to establish Bitcoin reserve after vetoing separate crypto legislation Arizona has joined New Hampshire in embracing BitcoinGovernor Hobbs signed a bill creating a Bitcoin and Digital Assets Reserve Fund The reserve fund will...
FX option expiries for 8 May 10am New York cut
There is just one to take note of on the day, as highlighted in bold.That being for EUR/USD at the 1.1300 level. It isn't one that ties to any technical significance though, so the impact might not be too striking. But amid a bit of a wait until we get to Trump's...
Nintendo forecasts sales of 15 million units for Switch 2 console
Attendees walk past an advertising board during the Nintendo Switch 2 Experience at the ExCeL London international exhibition and convention centre in London, Britain, April 11, 2025. Isabel Infantes | ReutersNintendo said Thursday that it expects to sell 15 million...
Carvana (CVNA) earnings Q1 2025
Vehicles are seen on display at a Carvana dealership in Austin, Texas, on Feb. 20, 2023.Brandon Bell | Getty ImagesDETROIT — Carvana's first-quarter results easily topped Wall Street's expectations as the company reported record sales driven by higher-than-expected...
Trump offers help with India and Pakistan conflict
U.S. President Donald Trump speaks during a swearing-in ceremony for the new U.S. ambassador to China, former U.S. Senator David Perdue, at the White House in Washington, D.C., U.S., May 7, 2025. Leah Millis | ReutersPresident Donald Trump on Wednesday offered to help...
Republican concedes after judge’s ruling in NC court race
Judge Jefferson Griffin, the Republican candidate for the N.C. Supreme Court listens to testimony in Wake County Superior Court on Friday, Feb. 7, 2025, in Raleigh, North Carolina. Griffin trails North Carolina Supreme Court Justice Allison Riggs by 734 votes...
Trump digs in on high China tariffs ahead of trade talks
U.S. President Donald Trump speaks during a swearing-in ceremony for the new U.S. ambassador to China, former U.S. Senator David Perdue, at the White House in Washington, D.C., U.S., May 7, 2025. Leah Millis | ReutersPresident Donald Trump said Wednesday he would not...
Why U.S. air traffic control is under strain
An airport control tower is seen at Newark Liberty International Airport, on May 6, 2025 in Newark, New Jersey. Andres Kudacki | Getty ImagesAir traffic controllers have been under strain for years, but a 90-second equipment failure last week exposed how decades of...
U.S. wanted trade talks, opposes Trump tariffs
The upcoming meeting in Switzerland between U.S. Treasury Secretary Scott Bessent and his Chinese counterpart was requested by the Trump administration, Chinese officials said Wednesday.China will be entering the talks "firmly" opposed to U.S. tariff hikes, and...
Netflix adds OpenAI-powered search tool to revamped homepage and app
Netflix launching an innovative new TV experience featuring enhanced design, responsive recommendations and a new way to search.Courtesy: NetflixNetflix unveiled a redesigned homepage experience on Wednesday with the aim of making searching for shows and movies easier...
Figma launches premium Figma Make ‘vibe-coding’ AI software designer
From left, Steven Levy, Wired editor at large, and Dylan Field, co-founder and CEO of Figma, speak onstage at Wired's The Big Interview event in San Francisco on Dec. 3, 2024.Kimberly White | Wired | Getty ImagesDesign software startup Figma on Wednesday debuted an...
Stripe unveils AI foundation model for payments
Today, programmable financial services company Stripe announced new products designed to help businesses harness AI and stablecoins to accelerate their growth. At its annual user event, Sessions, Stripe launched the world’s first AI foundation model for payments and...
Democrats push back against Trump’s growing crypto empire
Jonathan Raa | Nurphoto | Getty ImagesDemocrats turned up the pressure on President Donald Trump's cryptocurrency ventures this week and the fortune that he and his family are making off the efforts as a vote rolls forward on a key crypto bill.Thursday's vote on the...
Sei Network Launches Community-Driven Improvement Proposal Framework
Luisa Crawford May 05, 2025 18:43 Sei introduces a new framework for community-driven protocol evolution, enabling developers, validators, and users to propose and implement changes within the ecosystem. The Sei...
Trump administration to announce U.S. will call Persian Gulf the Arabian Gulf
Strait of Hormuz in the Persian Gulf.Stocktrek | Photodisc | Getty ImagesDUBAI, Unites Arab Emirates — President Donald Trump's administration reportedly plans to announce that the U.S. will officially call the Persian Gulf the Arabian Gulf or Gulf of Arabia, a move...
Alphabet shares sink on report Apple may add AI search to its browser
Eddy Cue, senior vice president of internet software and services at Apple Inc., speaks during a keynote session at the South By Southwest (SXSW) conference in Austin, Texas, U.S., on Monday, March 12, 2018. David Paul Morris | Bloomberg | Getty ImagesAlphabet and...
Understanding MACD: A Key Indicator for Spotting Momentum Shifts
Terrill Dicki May 05, 2025 19:17 Explore the MACD indicator's role in identifying momentum shifts in the market, as explained in Bitfinex's Chart Decoder Series. Learn how to interpret MACD components for better trading...
Impact on Student-Athletes and Schools – Intuit TurboTax Blog
Arkansas has made a strategic move by becoming the first state to exempt NIL (Name, Image, and Likeness) earnings from state income tax, effective retroactively to January 1, 2025. This landmark decision, finalized by Governor Sarah Huckabee Sanders on April 25, 2025...
AMD CEO Lisa Su warns against strict U.S. chip controls
Advanced Micro Devices CEO Lisa Su said China is a "large opportunity" market for the semiconductor and artificial intelligence industry even as export controls and evolving tariff plans loom over the world's second-largest economy."There should be a balance between...
EU to unveil next steps in U.S. tariff countermeasures on Thursday
Maros Sefcovic, European Commissioner for Trade and Economic Security; Interinstitutional Relations and Transparency, speaks to reporters in Singapore on May 7, 2025, after signing of the EU-Singapore Digital Trade Agreement (DTA), a landmark initiative enhancing...
FD Technologies confirms advanced discussions with TA Associates over possible cash offer
The Board of FD Technologies plc (LON:FDP) today confirmed that it is in advanced discussions with TA Associates Management, L.P., after having received a number of non-binding proposals in relation to a possible cash offer by funds managed by TA Associates for the...
Impact on Student-Athletes and Schools – Intuit TurboTax Blog
Arkansas has made a strategic move by becoming the first state to exempt NIL (Name, Image, and Likeness) earnings from state income tax, effective retroactively to January 1, 2025. This landmark decision, finalized by Governor Sarah Huckabee Sanders on April 25, 2025...
EU to set out next countermeasures against U.S. tariffs on Thursday
Maros Sefcovic, European Commissioner for Trade and Economic Security; Interinstitutional Relations and Transparency, speaks to reporters in Singapore on May 7, 2025, after signing of the EU-Singapore Digital Trade Agreement (DTA), a landmark initiative enhancing...
Oil prices rose to 60 dollars per barrel. PBoC lowered reserve requirement ratios (RRR) by 50 bps :: InvestMacro
At the end of Tuesday, the Dow Jones (US30) was down 0.95%. The S&P 500 Index (US500) decreased by 0.77%. The Nasdaq Technology Index (US100) closed lower by 0.88%. The US stocks closed lower on Tuesday as investor sentiment deteriorated amid mixed trade signals....
Marathon Digital Holdings Reports April 2025 Bitcoin Mining Progress
Rongchai Wang May 05, 2025 19:53 Marathon Digital Holdings (MARA) announces a 5.5% increase in energized hashrate and updated BTC holdings, reflecting strategic expansion efforts in April 2025. Marathon Digital...
Used vehicle prices jump to highest level since 2023 amid auto tariffs
A Ford mustang is seen at a used car dealership in Montebello, California on May 5, 2025. Frederic J. Brown | AFP | Getty ImagesDETROIT — A closely watched barometer for used vehicle pricing jumped last month to its highest level since October 2023 as consumers rushed...
8 questions to ask before turning your side hustle into a full-time job
When you get a paycheck, you know you’re working. When the alarm rings, you know it’s time to hustle. Ah, the basics of a nine-to-five job. But, what if things weren’t so black and white? What if that little side gig of yours could become your main source of income?...
BGC Group registers 31% Y/Y increase in FX revenues in Q1 2025
BGC Group, Inc. (NASDAQ:BGC) today reported its financial results for the quarter ended March 31, 2025. The Group registered record first quarter revenues of $664.2 million, a 14.8% increase versus the equivalent period last year. Total brokerage revenues grew by...
Hong Kong to Auction 10-Year RMB Institutional Government Bonds
Iris Coleman May 07, 2025 02:35 Hong Kong Monetary Authority announces a tender for 10-year RMB Institutional Government Bonds, with a total of RMB1.0 billion on offer, set for May 13, 2025. The Hong Kong...
Real Estate Tokenization: A Step-by-Step Guide
Real Estate TokenizationThe real estate industry is known for its size, stability, and long-standing traditional investment methods. However, it also comes with high entry barriers, lack of liquidity, and complex processes. With the advent of blockchain technology, a...
Hong Kong Prepares for Tender of RMB 1.5 Billion Government Bonds
Lawrence Jengar May 07, 2025 04:55 The Hong Kong Monetary Authority announces a tender for RMB 1.5 billion in 2-year government bonds, scheduled for May 13, 2025, as part of the Infrastructure Bond Programme. ...
Can Fed rate decision extend US stocks’ rebound? :: InvestMacro
By ForexTime Fed widely expected to leave US rates unchanged Markets fully anticipate next Fed rate cut in July; 1-in-3 chance of June cutHints of earlier-than-expected rate cut could send US stock indices soaring Risk assets may pare recent gains if Chair Powell...
NBA’s Russell Westbrook launches AI-enabled funeral planning startup
Russell Westbrook, #4 of the Denver Nuggets, dribbles the ball during the game against the Oklahoma City Thunder during Round 2, Game 1 of the 2025 NBA Playoffs at Paycom Center in Oklahoma City, Oklahoma, on May 5, 2025.Zach Beeker | National Basketball Association |...
Ripple’s XRP Ledger: Transforming DeFi Payments with Innovative Solutions
Darius Baruo May 07, 2025 13:30 Ripple's XRP Ledger is revolutionizing DeFi payments through stablecoin innovation and real-world finance applications, according to insights from a recent Chainalysis Links conference. ...
Banks keep high rates inspired by now-dead CFPB rule
The New York Stock Exchange is seen during morning trading on July 31, 2024 in New York City. Michael M. Santiago | Getty Images News | Getty ImagesLast year, banks quickly raised interest rates to record levels and added new monthly fees on credit cards when a...
ACCC proposes to authorise AusPayNet for wind down of Australia’s cheques system
On 7 May 2025, the Australian Competition and Consumer Commission (ACCC) issued a draft determination proposing to grant authorisation AA1000689 with a condition to enable Australian Payments Network Limited (AusPayNet) and members of the Australian Paper Clearing...
Disney Abu Dhabi theme park and resort coming
A new Disney theme park is coming to Abu Dhabi.The Walt Disney company announced Wednesday that it has reached an agreement with immersive destination and experiences company Miral to bring a park and resort to Yas Island in the United Arab Emirates.This will be...
HSBC rolls out TradePay for Import Duties solution for US clients
HSBC today announced the launch of HSBC TradePay for Import Duties, a targeted financing solution for US clients which simplifies the payment of import duties while optimizing working capital for businesses. Many corporates are currently facing changing working...
HKMA Reports Stable Credit Conditions for SMEs in Q1 2025
Darius Baruo May 06, 2025 02:33 The Hong Kong Monetary Authority's survey revealed stable credit conditions for SMEs in Q1 2025, with a slight improvement in credit approval perceptions. The Hong Kong Monetary...
What, where, and how India avenged the deaths of 26 in deadly Pahalgam attack, explained, ET BFSI
In a show of intent, India launched a series of targeted military strikes under Operation Sindoor, marking a significant response to the recent terror attack in Pahalgam that killed 26 civilians, including many tourists. The operation focused on destroying terror...
Electronic Arts (EA) Q4 earnings fiscal 2025
Visitors play the EA Sports FC 25 game in front of a placard with England's midfielder Jude Bellingham at the Electronic Arts booth during the media day at the Gamescom video games trade fair in Cologne, western Germany, on Aug. 21, 2024.Ina Fassbender | AFP | Getty...
Exclusive: Axi names Owais Anwer as Global Head of Technology Operations
FNG Exclusive… FNG has learned that leading Australia based Retail FX and CFDs broker Axi has undergone some internal structural changes to support its continued global growth. As part of the changes, Dubai based executive Owais Anwer has been promoted to the position...
764,000 crypto wallets lost money, Chainalysis says
About 764,000 wallets that purchased President Donald Trump's $TRUMP meme coin have lost money on the investment, according to fresh data shared with CNBC by blockchain analytics firm Chainalysis.Most of the wallets that lost money held smaller amounts of the token,...
Vitalik Buterin Discusses Ethereum Rollup Security Stages
James Ding May 06, 2025 03:05 Vitalik Buterin outlines the three stages of Ethereum rollup security, emphasizing the importance of proof systems and security councils in ensuring robust blockchain operations. ...
India heading to become 3rd largest economy, Pakistan on brink of collapse, ET BFSI
New Delhi, While Pakistan has threatened to respond forcefully to India's attack on terrorist infrastructure in the neighbouring country, the stark economic contrast between the two countries also bears testimony to the disparate paths that the two neighbours have...
Trump’s CFPB drops enforcement of BNPL as consumer protections decline
The entrance to the Consumer Financial Protection Bureau (CFPB) headquarters is seen during a protest on Feb. 10, 2025 in Washington, DC.Anna Moneymaker | Getty ImagesFor the third time under President Donald Trump, the Consumer Financial Protection Bureau has pulled...
CMC Markets acquires majority stake in StrikeX to accelerate Digital Asset strategy
London based online trading firm CMC Markets (LON:CMCX) has announced that it has acquired a majority equity stake in blockchain technology provider StrikeX Technologies Ltd., increasing its holding from 33% to 51%. This acquisition strengthens CMC’s direct control...
RBI recognises FIMMDA as SRO in financial markets, BFSI News, ET BFSI
RBI recognises FIMMDA as SRO in financial marketsThe Reserve Bank of India on wednesday recognised Fixed Income Money Market and Derivatives Association of India (FIMMDA) as a Self-Regulatory Organisation (SRO) in financial markets, it said issuing a...
TASTE Curation No.3: A Spotlight on Leading AI Artists
Alvin Lang May 06, 2025 03:52 TASTE Curation's third edition highlights influential AI artists, featuring innovative works from Temple Caché, Sheldrick, and Yashas Mitta, offering a sensory experience through visual art. ...
Uber (UBER) Q1 2025 earnings
Dara Khosrowshahi, CEO of Uber attends the 55th annual World Economic Forum (WEF) meeting in Davos, Switzerland, January 23, 2025. Yves Herman | ReutersUber reported first-quarter results Wednesday that beat analysts' expectations for earnings, but fell shy of...
Germany finally has a leader. Now comes the hard part for Merz
Friedrich Merz, Germany's chancellor, takes the chancellor's seat, after swearing an oath, at the Bundestag in Berlin, Germany, on Tuesday, May 6, 2025.Krisztian Bocsi | Bloomberg | Getty ImagesAfter some dramatics, and around 10 weeks after the German election,...
NVIDIA Unveils NV-Tesseract Models to Revolutionize Time-Series Data Processing
Luisa Crawford May 06, 2025 09:19 NVIDIA introduces NV-Tesseract, a model family transforming time-series data analysis, enhancing anomaly detection, forecasting, and classification across industries including finance and...
India emerges as $24 billion opportunity in global climate adaptation and resilience market, ET BFSI
India emerges as $24 billion opportunity in global climate adaptation and resilience marketNew Delhi, Amid a projected global surge in demand for climate adaptation and resilience solutions -- estimated to reach between $0.5 and $1.3 trillion by 2030 -- India has...
SpaceX gets FAA permission for fivefold increase in launches in Texas
The Super Heavy booster returns to its launch pad after the SpaceX Starship continued to space after it was launched on its eighth test at the company's Boca Chica launch pad in Brownsville, Texas, U.S., March 6, 2025. Joe Skipper | ReutersSpaceX has been granted...
LME approves Credit Suisse International resignation as Category 2 member
The London Metal Exchange (LME) has approved the resignation of Credit Suisse International (CSM) as Category 2 Member pursuant to Regulation 10.3(a) of Part 2 of the LME Rulebook. LME Clear Members are similarly advised that Credit Suisse International withdrew from...
Fed to hold rates steady as pressures mount, BFSI News, ET BFSI
Federal Reserve officials are widely expected to leave interest rates unchanged Wednesday as they await clarity on the Trump administration’s trade policies, a move likely to frustrate the president and anyone else seeking answers about the US central bank’s next...
Trump tariffs and China export curbs cast cloud over major chip stocks
Illustration of the China and U.S. flag on a central processing unit.Blackdovfx | Istock | Getty ImagesUncertainty — that was the theme during earnings season for the world's biggest semiconductor firms which are unclear on demand for their products as a result of...
7 ways financially secure people think differently about money
There’s a distinct contrast between how financially secure individuals and the rest of us view money. This difference boils down to mindsets, habits, and attitudes. For some, money is a source of constant worry, an elusive entity always slipping through their fingers....
Corpay to make minority investment in AvidXchange Holdings
Corporate payments company Corpay, Inc. (NYSE:CPAY) has signed a definitive agreement to make a minority investment in AvidXchange Holdings, Inc (NASDAQ:AVDX) as part of a transaction to take AvidXchange private alongside TPG for $10.00 per share in a cash transaction...
What Is Bonk Memecoin? – 101 Blockchains
Memecoins offer the best example of innovation and creativity in the crypto space by promoting the creation of tokens with inspiration from popular internet memes and viral trends. The most notable feature that separated memecoins from other crypto assets is the lack...
Comcast SpinCo chooses corporate name Versant
Comcast's spinoff of the majority of its NBCUniversal cable network portfolio will be named Versant, the company said Tuesday, ending a monthslong process to select a new corporate moniker.The new company chose Versant (pronounced like the root of the word...
Chainalysis Integrates Compliance Tools with Tether’s Hadron for Secure Tokenization
Joerg Hiller May 06, 2025 09:47 Chainalysis integrates its compliance tools into Hadron by Tether, enhancing transparency and risk mitigation in tokenizing real-world assets, strengthening its regulatory readiness. ...
Not as simple as ABC, but miss IBC deadlines and liquidation looms, ET BFSI
Not as simple as ABC, but miss IBC deadlines and liquidation loomsThe Supreme Court's ruling in the JSW Steel-Bhushan Power & Steel case has put the spotlight on the slow pace of insolvency resolutions, with legal experts warning that many companies awaiting...
AMD earnings report Q1 2025
Advanced Micro Devices reported first fiscal-quarter earnings on Tuesday that topped expectations, and provided a strong forecast for current-quarter revenue.Shares of AMD were up 4% in extended trading before receding to fall less than 1% after the company discussed...
Super Micro (SMCI) Q3 2025 earnings report
Charles Liang, CEO of Super Micro, speaks at the HumanX AI conference in Las Vegas on March 10, 2025.Big Event Media | HumanX Conference | Getty ImagesSuper Micro issued disappointing guidance on Tuesday, a week after the server maker provided preliminary results for...
Michael P. Lyons becomes CEO of Fiserv
Fiserv, Inc. (NYSE:FI), a global provider of payments and financial services technology solutions, has announced the appointment of Michael P. Lyons as Chief Executive Officer of Fiserv. Michael Lyons Lyons assumed the position upon the confirmation of Frank...
Former LPGA golfer Michelle Wie West invests in Togethxr
Former LPGA golf star Michelle Wie West is taking on a bigger role in growing women's sports — from off the course.On Tuesday, Wie West announced she has signed on as the latest athlete investor in Togethxr, the company behind the popular "Everyone Watches Women's...
How RBI’s new stressed asset framework may aid NPA clean-up, attract capital market investors, ET BFSI
How RBI's new stressed asset framework may aid NPA clean-up, attract capital market investorsThe Reserve Bank of India’s proposed “Securitisation of Stressed Assets Framework (SSAF), 2025” could reduce dependence on asset reconstruction companies (ARCs) and facilitate...
58 wallets made over $10 million each from Trump’s meme coin vs. 764,000 wallets that lost
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Report, BFSI News, ET BFSI
India PE-VC market grows 9 pc to $43 billion in 2024: ReportNew Delhi, India's private equity and venture capital (PE-VC) investments staged a recovery in 2024, growing by approximately 9 per cent to reach $43 billion across close to 1,600 deals, with traditional...
Uber CEO says changing employee benefits ‘is a risk we decided to take’
Uber CEO, Dara Khosrowshahi speaks during the "Intentional Equity in Sustainability" conversation at the Asia-Pacific Economic Cooperation (APEC) Leaders' Week in San Francisco, California, on November 15, 2023.Andrew Caballero-Reynolds | AFP | Getty ImagesUber CEO...
ServiceNow and NVIDIA Unveil Apriel Nemotron 15B AI Model
Lawrence Jengar May 06, 2025 10:10 ServiceNow and NVIDIA introduce Apriel Nemotron 15B, a 15 billion parameter AI model, enhancing enterprise AI with real-time response and complex workflow management. ...
FinMin to support lenders in reviewing SC JSW steel order, BFSI News, ET BFSI
The finance ministry is in favour of supporting banks keen to seek a review of the latest Supreme Court order that scrapped JSW Steel's ₹19,700-crore acquisition of Bhushan Power and Steel (BPSL) four years ago, citing "gross violation" of the Insolvency and...
Reminder: China president Xi to visit Moscow later today
It's no doubt a symbolic show of support for Putin with Xi set to also attend a parade on Friday, one that commemorates the 80th anniversary of the World War II victory over Germany by Russia and its allies. The solidarity on the military front will also strike back...
Rivian Automotive (RIVN) Q1 2025 earnings
Workers assemble second-generation R1 vehicles at electric automaker Rivian's manufacturing facility in Normal, Illinois, on June 21, 2024.Joel Angel Juarez | ReutersRivian Automotive on Tuesday beat Wall Street's expectations for the first quarter and confirmed its...
Komainu hires Nickel Digital exec Jonathan Patterson as COO
Komainu, a regulated digital asset services provider and custodian backed by Laser Digital and Blockstream, has announced the appointment of Jonathan Patterson as Chief Operating Officer, EMEA. The appointment comes as Komainu continues its international expansion. In...
Seagate to triple hard drive capacity by 2030 to meet AI demand
Seagate Technology's headquarters in Scotts Valley, California.Tony Avelar | Bloomberg | Getty ImagesData storage firm Seagate is working to develop a 100-terabyte hard drive by 2030, touting blistering demand from data centers for the 70-year-old technology in the...
Benchmarking NVIDIA NIM with GenAI-Perf: A Comprehensive Guide
Luisa Crawford May 06, 2025 10:38 Explore how NVIDIA's GenAI-Perf tool benchmarks Meta Llama 3 model performance, providing insights into optimizing LLM-based applications using NVIDIA NIM. NVIDIA has introduced...
RBI more than doubled gold purchases to 57.49 tonnes in FY25 as global tensions grew, ET BFSI
RBI more than doubled gold purchases to 57.49 tonnes in FY25 as global tensions grewThe Reserve Bank of India (RBI) added 57.49 tonnes of gold to its reserves in FY25 — more than double the 27.46 tonnes added in FY24 — bringing total gold holdings to 879.59 tonnes as...
How to Save $30,000 in One Year: Our 3-Step Plan
Jacob and Connor thought home ownership would never happen. They made good money, but it never seemed to accumulate into a pile big enough for a down payment. Then with a simple three-step plan to save $30,000 in one year, that all changed.The word "down payment" has...
World should have a universal regulatory framework for developing techs like AI: FM Sitharaman, ET BFSI
World should have a universal regulatory framework for developing techs like AI: FM SitharamanMilan [Italy], May 7 (ANI): Union Finance Minister Nirmala Sitharaman emphasized the growing need for universal regulatory mechanisms to keep pace with rapidly evolving...
New Hampshire governor signs crypto reserve bill into law
On Tuesday, New Hampshire governor Ayotte igned the state's crypto reserve bill into law.New Hampshire is the first US state to allow its government to invest in cryptowill allow the state’s treasury to use funds to invest in cryptocurrencies with a market...
FX option expiries for 7 May 10am New York cut
There aren't any major expiries to take note of on the day. As things stand, trade headlines remain the biggest driver of price action and we got a taste of that earlier with some positive news on US-China talks. That is keeping the risk mood underpinned with the...
Meet Amazon’s robot, Vulcan, the first with a sense of touch
There's a new warehouse robot at Amazon that has a sense of touch, allowing it to handle a job previously only done by humans. Amazon unveiled the robot, called Vulcan, Wednesday at an event in Germany.CNBC got an exclusive first look at Vulcan in April, as it stowed...
Disney (DIS) earnings Q2 2025
Daytime fireworks launch over Cinderella Castle during a performance of "Mickey's Magical Friendship Faire" in the Magic Kingdom at Walt Disney World, Bay Lake, Florida, April 30, 2024. (Joe Burbank/Orlando Sentinel/Tribune News Service via Getty Images)Orlando...
Trump officials to meet with Chinese counterparts on trade
US Secretary of Treasury Scott Bessent speaks during the daily briefing in the Brady Briefing Room of the White House in Washington, DC, on April 29, 2025. Mandel Ngan | Afp | Getty ImagesTreasury Secretary Scott Bessent and U.S. trade representative Jamieson Greer...
CoreWeave Secures $1.5 Billion Credit Facility Expansion for Global AI Growth
Ted Hisokawa May 06, 2025 13:12 CoreWeave, Inc. expands its credit facility to $1.5 billion with major banks, enhancing its financial capabilities to support global growth in AI cloud infrastructure. CoreWeave,...
Chris Mills joins Sage Capital Management as Head of Digital Assets
Next generation Digital Prime Broker Sage Capital Management has announced that the company has appointed Chris Mills as Head of Digital Assets. Chris joins Sage Capital Management from JB Drax Honore, where he was Co-Head of Digital Assets, with responsibilities for...
People who never seem stressed at work usually follow these 7 little-known habits
We’ve all seen them, haven’t we? Those seemingly superhuman individuals who, despite the mounting responsibilities and deadlines at work, always appear calm, composed, and totally stress-free. It’s as if they’ve discovered some secret formula to a stress-less...
Tether’s Hadron Platform Integrates Chainalysis for Enhanced Compliance
Tony Kim May 06, 2025 07:23 Tether integrates Chainalysis compliance tools into its Hadron platform, setting a new standard for secure and compliant tokenization, according to Tether. Tether, a leading entity in...
What’s On Your Bucket List? Build It—Then Fund It
If you’re into fitness, you’ll likely agree: the best workouts are fueled by music. With the right playlist, I’m ready for my Olympic debut. Without something to drown out my labored breathing? I’m just… sweating and panting.During a recent gym visit, head in the...
Trump shifts tariff goals from trade deals
U.S. President Donald Trump meets with Canadian Prime Minister Mark Carney (not pictured) in the Oval Office at the White House in Washington, D.C., U.S., May 6, 2025. Leah Millis | Reuters"The Art of the Deal" author President Donald Trump said in a surprising...
Plus500 shareholders vote against directors’ remuneration report at AGM
Retail FX and CFD broker Plus500 Ltd (LON:PLUS) has just announced the results of the Annual General Meeting (AGM) held earlier today. All but one of the resolutions (namely resolution 11, which was an advisory vote) were passed by the requisite majorities. Resolution...
SSV Network Unveils SSV2.0 Testnet to Revolutionize Blockchain Security
James Ding May 06, 2025 07:38 SSV Network launches the SSV2.0 Testnet, promising a 90% reduction in security costs and enhanced validator rewards through innovative based applications. The SSV Network has...
Crypto prime broker Cor Prime hires Tim Bevan as CEO
Newly launched crypto prime broker Cor Prime, part of Deus X Capital, has announced that it has recruited experienced industry executive Tim Bevan as its new CEO. Tim Bevan takes over the CEO role from Deus X Capital CEO Tim Grant. Tim Bevan spent the past six years...
Amazon’s Zoox issues software recall after recent Las Vegas crash
A Zoox autonomous robotaxi in San Francisco, California, US, on Wednesday, Dec. 4, 2024. David Paul Morris | Bloomberg | Getty ImagesAmazon's Zoox issued a software recall for 270 of its robotaxis after a crash in Las Vegas last month, the company said Tuesday.The...
Highlights from Real World Crypto 2025 Conference: SNARKs, Digital Euros, and AI Agents
Rebeca Moen May 06, 2025 08:03 The Real World Crypto 2025 conference in Sofia, Bulgaria, showcased developments in cryptography, including SNARKs, digital identity, and the Digital Euro project. The Real World...
ICE launches Price Improvement Volume Clearing
Intercontinental Exchange, Inc. (NYSE:ICE) today announced a key enhancement to the ICE Bonds’ Risk Matching Auction (RMA) protocol for corporate bond trading, with the introduction of Price Improvement Volume Clearing – a patent-pending innovation designed to deepen...
Rivian Enhances XR Design with NVIDIA RTX PRO Blackwell GPUs
Felix Pinkston May 06, 2025 08:46 Rivian leverages NVIDIA RTX PRO Blackwell GPUs to boost XR design, achieving photorealistic visuals and enhanced AI interactions, transforming automotive design processes. ...
Major universities sue to block Trump cuts to NSF research funding
A man walks through Killian Court at MIT in Cambridge.REUTERS/Brian SnyderMajor U.S. universities have filed a lawsuit seeking to block President Donald Trump's administration from carrying out steep cuts to federal research funding provided to academic institutions...
Former Argentex CEO Harry Adams launches new B2B FX firm Tenora
With the timing somewhat interesting following the recent near-collapse of his former company Argentex, former Argentex CEO Harry Adams (pictured at top middle) has announced the launch of his latest FX venture, called Tenora. Tenora (at website tenora.io), based in...
Comcast’s Xfinity Mobile gets Philadelphia arena naming rights
Igor Golovniov | Lightrocket | Getty ImagesThe Philadelphia home of the NBA's 76ers and NHL's Flyers is getting a new name.Beginning in September the sports and entertainment venue in South Philadelphia will be named the Xfinity Mobile Arena, rebranding from the...
Canada ‘won’t be for sale ever’
Canadian Prime Minister Mark Carney told President Donald Trump on Tuesday that his country will never be for sale, shutting down the U.S. president's repeated calls to make Canada the 51st state."There are some places that are never for sale," Carney said in the Oval...
Understanding MACD: A Vital Tool for Early Market Signals
Peter Zhang May 05, 2025 20:11 Explore the intricacies of the Moving Average Convergence Divergence (MACD) and its significance in trading, as outlined in Bitfinex's educational series. The Moving Average...
Interactive Brokers expands Binary Options “Prediction Markets” trading
US based online trading outfit Interactive Brokers (NASDAQ:IBKR) has announced the launch of expanded trading hours for what the company calls Forecast Contracts. Eligible clients can now trade Forecast Contracts nearly 24 hours a day, Sunday through Friday. This...
Germany’s Merz elected chancellor in second parliamentary vote after unexpected setback
The newly elected Federal Chancellor Friedrich Merz (center, CDU) accepts the election in the Bundestag. Sitting next to him are Jens Spahn (l, CDU), leader of the CDU/CSU parliamentary group, and Alexander Dobrindt (r, CSU), designated Federal Minister of the...
7 things Gen X professionals need to learn now to stay relevant in the AI era
My grandfather had a saying, “Stay curious, stay relevant.” This wisdom is now more pertinent than ever as we navigate the uncharted waters of the AI era. There’s this prevailing notion that Generation X professionals may become redundant in the face of advancing...
U.S. Senate Advances Stablecoin Regulation with GENIUS Act
Terrill Dicki May 05, 2025 20:42 The Senate's GENIUS Act aims to regulate stablecoin issuance, ensuring consumer protection and financial stability. The bill faces Democratic opposition over anti-money laundering and national security...
Ferrari posts upswing in first-quarter profit, confirms 2025 guidance
The Ferrari brand logo, the coat of arms with the lettering and a rising horse (cavallino rampante), can be seen on the rim of a vehicle from the sports car manufacturer in Munich (Bavaria) on April 6, 2025.Picture Alliance | Picture Alliance | Getty ImagesLuxury...
Coinbase partners with Riot Games across global LoL and VALORANT competitions
Coinbase today announced a partnership with Riot Games as the exclusive cryptocurrency exchange and official blockchain technology partner across League of Legends (LoL) and VALORANT esports global platforms. Making its debut at Masters (M2) in Toronto, Canada,...
Trump pick for D.C. federal prosecutor opposed by key Republican
Sen. Thom Tillis, R-N.C., speaks to reporters as he leaves the Senate floor in the U.S. Capitol on Thursday, March 13, 2025. Bill Clark | Cq-roll Call, Inc. | Getty ImagesA key Republican senator on Tuesday said he would not support the nomination of Ed Martin,...
Uber buys 85% stake in Turkish food delivery platform for $700 million
Travelers walk past a sign pointing toward the Uber rideshare vehicle pickup area at Los Angeles International Airport (LAX) on February 8, 2023 in Los Angeles, California.Mario Tama | Getty ImagesUber will acquire an 85% stake in Turkish food delivery platform...
Bitcoin (BTC) Surges in April, Setting Stage for Potential Summer Gains
Terrill Dicki May 05, 2025 23:12 Bitcoin (BTC) closed April with a 14.08% gain, setting the stage for potential summer growth amid macroeconomic challenges and shifting risk sentiment, according to Bitfinex Alpha. ...
Japanese yen halts gains as US trade negotiations return to the spotlight :: InvestMacro
By RoboForex Analytical Department USD/JPY had an opportunity to correct after two consecutive days of decline, with Tuesday’s trading centred around 143.78.Dollar strengthens on trade optimism and Fed anticipationThe US dollar regained ground as markets reacted to...
AI Narrator Voices Transform Social Media Content Creation
Iris Coleman May 05, 2025 23:39 AI narrator voices are revolutionizing TikTok and Instagram, offering creators dynamic, engaging content with unparalleled speed and creative control, according to ElevenLabs. AI...
Palantir falls 12% as analysts raise international growth concerns
Palantir co-founder and CEO Alex Karp speaks during the Hill & Valley Forum at the US Capitol Visitor Center Auditorium in Washington, DC, on April 30, 2025. Brendan Smialowski | Afp | Getty ImagesPalantir shares dropped more than 10% Tuesday even after the data...
UK and India strike a trade deal amid U.S.-led tariff tensions
RIO DE JANEIRO, BRAZIL - NOVEMBER 18: UK Prime Minister Sir Keir Starmer (L) during a bilateral meeting with Prime Minister of India Narendra Modi as he attends the G20 summit at the Museum of Modern Art on November 18, 2024 in Rio de Janeiro, Brazil. Keir Starmer is...
Webull announces partnership with Visa
Webull (NASDAQ:BULL), an online investment platform, today announced its collaboration with VISA on the Webull US platform. Visa Direct facilitates account funding as well as the movement of funds directly to eligible cards, bank accounts, and wallets. By integrating...
IOTA Mainnet Rebase: A New Era for Developers
Darius Baruo May 06, 2025 00:20 IOTA's Rebased mainnet is live, offering enhanced decentralization and developer tools. Explore wallets, SDKs, and guides to start building on this innovative network. The IOTA...
Sebi sets ₹1 cr minimum investment, mandatory demat for securitised debt instruments, ET BFSI
Sebi sets ₹1 cr minimum investment, mandatory demat for securitised debt instrumentsMarkets regulator Sebi has mandated a minimum ticket size or investment threshold of Rs 1 crore for the RBI-regulated originators and unregulated entities engaged in securitisation...
Toy manufacturing won’t come to U.S., but price hikes will
One of the goals of President Donald Trump's 145% tariffs against China is to drive manufacturing back to America. But the odds of that are low, at least when it comes to toys."We don't see that happening," Mattel CEO Ynon Kreiz said on CNBC's "Squawk Box" Tuesday,...
Tariff policy uncertainty persists. China’s service sector shows a decline :: InvestMacro
On Monday, the Dow Jones Industrial Average (US30) was down 0.24%. The S&P 500 Index (US500) decreased by 0.64%. The Nasdaq Technology Index (US100) closed lower by 0.67%. Markets reacted to President Trump’s threat to impose new tariffs, including a 100% tax on...
Arthur Breitman Discusses Tezos’ Strategic Evolution in Coinshares Interview
Luisa Crawford May 06, 2025 00:46 Arthur Breitman shares insights on Tezos' governance, scaling strategies, and future prospects in a Coinshares interview, highlighting the unique approach and long-term vision of the blockchain...
Capitolis appoints Amol Naik as Chief Operating Officer
Fintech company Capitolis today announced the appointment of Amol Naik as Chief Operating Officer (COO), effective May 5. Reporting to Gil Mandelzis, Founder and Chief Executive Officer of Capitolis, Naik will be responsible for managing the company’s day-to-day...
CoreWeave Finalizes Acquisition of AI Developer Platform Weights & Biases
Timothy Morano May 06, 2025 01:05 CoreWeave, a leading AI cloud platform, completes its acquisition of Weights & Biases to enhance AI innovation capabilities, according to a recent announcement. CoreWeave,...
FIS reports rise in revenues in Q1 2025
Fintech company FIS (NYSE:FIS) today reported its first quarter 2025 results. On a GAAP basis, revenue increased 3% as compared to the prior-year period to approximately $2.5 billion. GAAP net earnings attributable to common stockholders from continuing operations...
Doordash announces $1.2 billion SevenRooms deal, misses revenue expectations
A DoorDash sign is pictured on a restaurant on the day they hold their IPO in New York, December 9, 2020.Carlo Allegri | ReutersDoordash on Tuesday announced the $1.2 billion acquisition of restaurant booking platform SevenRooms and reported first-quarter revenue that...
RBI’s draft norms to slow down gold loan asset growth of NBFCs: Report, ET BFSI
RBI's draft norms to slow down gold loan asset growth of NBFCs : ReportImplementing the guidelines proposed in the RBI's draft on gold loans will slow down the asset growth of non-bank financiers in the segment, as per a report released on Tuesday. According to a...
Ethereum’s New Internship Initiative Aims to Foster Future Blockchain Innovators
Joerg Hiller May 06, 2025 01:44 Ethereum launches a new internship program to bridge the gap for newcomers, offering remote opportunities across various fields. Applications for host organizations close May 28, 2025. ...
Democratic-led states sue to prevent Trump from gutting health agencies
U.S. Health and Human Services (HHS) Secretary Robert F. Kennedy, Jr. discusses the findings of the Centers for Disease Control and Prevention’s (CDC) latest Autism and Developmental Disabilities Monitoring (ADDM) Network survey, during a press conference at the...
Argentex unveils Board changes – FX News Group
Argentex Group PLC (LON:AGFX) today announced that, following the announcement regarding the recommended acquisition of Argentex by IFX Payments, the directors had reviewed the composition of the board and agreed that it would be in the best interests of the Company...
Hispanic shoppers are spending less on groceries, pressuring companies
Miami, Hialeah Gardens, Florida, Walmart Supercenter, checkout line cashier, customers paying. Jeff Greenberg | Universal Images Group | Getty ImagesHispanic consumers are cutting back their grocery spending on everything from beer to cooking spray, executives said...
Panama Eyes Position as Emerging Crypto Capital
Iris Coleman May 06, 2025 02:01 Panama is transforming from a traditional financial hub to a digital asset haven, with initiatives like voluntary crypto payments and blockchain integration, positioning itself as a potential leader in...
Takeaways from Palantir CEO Alex Karp’s shareholder letter
Alex Karp, CEO of Palantir Technologies, speaks on a panel titled Power, Purpose, and the New American Century at the Hill and Valley Forum at the U.S. Capitol on April 30, 2025 in Washington, DC. Kevin Dietsch | Getty ImagesPalantir CEO Alex Karp offered up another...
Broadridge enhances OpsGPT – FX News Group
Broadridge Financial Solutions Inc. (NYSE:BR), today announced significant enhancements to OpsGPT across fails research, inventory optimization and email integration automation. With these enhancements OpsGPT delivers real-time operational intelligence and execution,...
CFTC drops Kalshi election bet case appeal
The Kalshi app arranged on a smartphone in New York, US, on Monday, Feb. 10, 2025. Gabby Jones | Bloomberg | Getty ImagesThe Commodity Futures Trading Commission on Monday moved to drop its appeal of a federal judge's ruling that had allowed commodities exchange...
Hims & Hers (HIMS) Q1 earnings 2025
Shares of Hims & Hers Health fell in extended trading on Monday after the company reported first-quarter earnings that beat analysts' expectations but offered weaker-than-expected guidance.Here's how the company did based on average analysts' estimates compiled by...
Riot Platforms Reports April 2025 Bitcoin Production Decline
Rebeca Moen May 05, 2025 21:05 Riot Platforms announced a 13% decrease in Bitcoin production for April 2025, producing 463 BTC. The company also completed the acquisition of Rhodium's assets at its Rockdale Facility. ...
Moody’s pegs India’s GDP growth at 6.3 per cent for 2025, ET BFSI
New Delhi, Moody's Ratings on Tuesday pegged India's GDP growth at 6.3 per cent for 2025 and expects the economy to pick up momentum in 2026 to record a 6.5 per cent growth rate.Moody's forecast is in line with the IMF outlook, which sees India as the only major...
Palantir (PLTR) Q1 earnings report 2025
Alex Karp, chief executive officer of Palantir Technologies Inc., speaks during the AIPCon conference in Palo Alto, California, US, on March 13, 2025.David Paul Morris | Bloomberg | Getty ImagesPalantir boosted its revenue guidance Monday and reported earnings that...
CFDs broker Sky Links Capital establishes Dubai DIFC central corporate hub
Recently launched Dubai based CFDs broker Sky Links Capital, which earlier this year obtained a UAE SCA Category Five license, has announced the establishment of its new holding company, Sky Links Holding Ltd, incorporated in the Dubai International Financial Centre...
Federal judge says results of North Carolina court race with Democrat ahead must be certified
Demonstrators gather to protest on Presidents' Day for the NC Supreme Court race in which Judge Griffin attempted to invalidate more than 65,000 ballots in Charlotte NC, United States on February 17, 2025. Anadolu | Anadolu | Getty ImagesDisputed ballots in the still...
Hinge Health says revenue increased 50% in first quarter — still no price range for IPO
Hinge Health's TrueMotion feature.Courtesy: Hinge HealthHinge Health on Monday updated its prospectus to include the results from its first quarter, which showed accelerating revenue growth over its fourth quarter.The digital physical therapy startup filed to go...
ForecastTrader contracts now seamlessly integrated into IBKR Mobile app
Electronic trading major Interactive Brokers continues to enhance its trading solutions. ForecastTrader contracts are now seamlessly integrated into the IBKR Mobile app. With this update the app users can now: Trade and explore Forecast contracts without redirecting...
India’s April services growth edges up; confidence falls to two-year low, PMI shows, ET BFSI
India's April services growth edges up; confidence falls to two-year low, PMI showsIndia's services sector growth picked up slightly in April after March's slowdown as demand expanded robustly, although optimism was its weakest in nearly two years, a survey showed on...
SpaceX employees were elected to run new company town Starbase, Texas
The SpaceX Starship sits on a launch pad at Starbase near Boca Chica, Texas, on October 12, 2024, ahead of the Starship Flight 5 test. The test will involve the return of Starship's Super Heavy Booster to the launch site.Sergio Flores | Afp | Getty ImagesOver the...
Bitcoin (BTC) Market Faces Cooling Momentum Amidst Rising Unrealized Gains
Jessie A Ellis May 05, 2025 21:35 Bitcoin's market shows cooling momentum as speculative interest fades, with rising unrealized gains increasing sensitivity to potential risks, according to Glassnode's latest report. ...
Germany’s Merz fails to be elected chancellor in shock first-round parliamentary vote
Friedrich Merz, designated Federal Chancellor (CDU), is pictured during the signing of the coalition agreement between the SPD, CDU, and CSU on May 05, 2025 in Berlin, Germany.Florian Gaertner | Photothek | Getty ImagesFriedrich Merz failed to get the majority needed...
RBI goes slow in bringing back home gold from overseas vaults, ET BFSI
The central bank brought back home only 1.53 tonnes of gold it held overseas between end September 2024 and end March 2025, compared with 102.15 tonnes it brought back in the first half of the last fiscal, showed the latest RBI data published Monday. The RBI had begun...
Trump signs order to boost U.S. drug manufacturing
U.S. President Donald Trump speaks before signing executive orders in the Oval Office at the White House, in Washington, D.C., U.S., May 5, 2025.Leah Millis | ReutersPresident Donald Trump on Monday signed an executive order to incentivize prescription drug...
Want to stay relevant in the AI age? Experts say to master these 7 skills now
Navigating the AI age can feel like a high-stakes game of catch up. As the world spins faster with advancing technology, it’s easy to feel left behind. The secret? It’s not about outpacing the robots. It’s about understanding and honing a unique set of skills that AI...
DoorDash to acquire UK food delivery firm Deliveroo for $3.9 billion
A Deliveroo rider near Victoria station in London, England, on March 31, 2021.Dan Kitwood | Getty ImagesLONDON — British food delivery firm Deliveroo on Monday said it has agreed to a takeover offer from American rival DoorDash that values the company at £2.9 billion...
eToro hires ABN Amro / Essence Group alum Yaki Razmovich to head Singapore and Asia
Israel based, social trading focused online broker eToro has announced that the company has hired Yaki Razmovich as Managing Director of eToro Singapore and Asia. He will be based in Singapore for his new role at eToro. Yaki brings with him more than two decades of...
If you want to stop feeling like a ‘corporate drone’, say goodbye to these 8 habits
If you’re often feeling like a ‘corporate drone’, you’re not alone. It’s an all-too-common sentiment, a feeling of being stuck in a monotonous grind. But let me tell you this – it doesn’t have to be that way. Sure, the world of work can be demanding and stressful, but...
Arcee AI Transitions from AWS to Together AI for Enhanced Flexibility and Performance
Peter Zhang May 05, 2025 22:08 Arcee AI migrates from AWS to Together Dedicated Endpoints, optimizing costs and performance for their specialized small language models, enhancing operational agility and efficiency. ...
Sebi mandates cooling-off period for directors at market infrastructure institutions, ET BFSI
Sebi mandates cooling-off period for directors at market infrastructure institutionsMarkets regulator Sebi has strengthened the governance framework of market infrastructure institutions -- stock exchanges, clearing corporations and depositories -- by prescribing a...
Coinbase slams the Federal Reserve in its new TV ad for Bitcoin
Coinbase with the mic drop:Every day, the Fed prints an average of $465 million. That's 26,000 shipping containers a year, created out of thin air. Maybe that's why the dollar loses value over time.And, there's more: This article was written by Eamonn Sheridan at...
FX option expiries for 6 May 10am New York cut
There is just one to take note of on the board for today, as highlighted in bold.That being for EUR/USD at the 1.1325 level. The expiries match up with the 100-hour moving average, which alongside the 200-hour moving average at 1.1347 might help to keep a lid on price...
Temu, Shein face big U.S. tariffs. Don’t count them out, experts say
Photo illustration of the Shein app on the App Store reflected in the Temu logo. Stefani Reynolds | Afp | Getty ImagesThe closure of a trade loophole and prohibitive tariffs on China have upended Temu and Shein's business model in the United States. And yet the...
Newark flight delays sparked by air traffic control failure
People wait in line for a delayed flight at Newark International Airport on May 5, 2025 in Newark, New Jersey. Spencer Platt | Getty ImagesAir traffic controllers lost contact with aircraft heading to and from Newark Liberty International Airport last week, their...
Credit Suisse settles criminal case for helping Americans avoid taxes
Credit Suisse Services AG will pay nearly $511 million after pleading guilty in a criminal case to having conspired with wealthy American taxpayers to hide more than $4 billion in at least 475 offshore accounts, the Department of Justice said.In addition to that plea,...
Digital Asset Fund Flows Report: Bitcoin (BTC) and Ethereum (ETH) Lead Inflows
Luisa Crawford May 05, 2025 22:31 Digital asset investment products see a third consecutive week of inflows, totaling $2 billion, driven by Bitcoin and Ethereum, according to CoinShares. Investor sentiment in...
Messaging app used by Trump official suspends operations after reported hack
National Security Advisor Michael Waltz looks at his phone as he prepares for a TV interview at the White House on May 01, 2025 in Washington, DC. Andrew Harnik | Getty ImagesThe messaging app that President Donald Trump's former national security advisor was seen...
FanDuel Sports Network touts streaming subscriber growth
The regional sports networks owned by Main Street Sports Group are winning over streaming subscribers.FanDuel Sports Network, the recently rebranded portfolio of regional channels, said Monday its paid subscribers doubled to nearly 650,000 over a period of eight...
Trump foreign film tariff proposal floated
U.S. President Donald Trump announces the NFL draft will be held in Washington, at the White House in Washington, D.C., U.S., May 5, 2025. Leah Millis | ReutersPresident Donald Trump said Monday that he will ask Hollywood studios if "they're happy" with his proposal...
Waymo to double robotaxi production at Arizona plant by end of 2026
A Waymo self-driving vehicle seen in Phoenix, Arizona on Feb. 27, 2025. Leslie Josephs | CNBCAlphabet-owned Waymo and the auto manufacturing giant Magna International plan to double robotaxi production at their new plant in Mesa, Arizona, by the end of 2026, the...
Trump defends doll comments amid China tariffs
US President Donald Trump speaks with the media aboard Air Force One as he flies from West Palm Beach, Florida enroute to Joint Base Andrews in Maryland, on May 4, 2025 returning to the White House after spending the weekend in Florida.Saul Loeb | Afp | Getty...
Clearstream Banking confirms recovery of T2S service
Clearstream Banking has just issued an update regarding a T2S incident reported earlier on May 5, 2025. Clearstream Banking informed clients that T2S is operating normally again. The recovery is complete, A2A and U2A channels are available. As a result of the previous...
DHS offers $1,000 stipend, travel help to immigrants who ‘self-deport’
The US Customs and Border Protection (CBP) headquarters in Washington, DC, US, on Wednesday, May 10, 2023. Mayorkas provided an update on planning and operations ahead of the lifting of the Title 42 public health order. Photographer: Al Drago/Bloomberg via Getty...
Function Health buys full-body scanning company Ezra
Jonathan Swerdlin, co-founder and CEO of Function Health.Courtesy of Function Health.Blood testing startup Function Health on Monday announced the acquisition of full-body MRI scanning company Ezra and launched a new, 22-minute scan for $499. Function offers a $499...
AffiniPay appoints Leslie Witt as Chief Product Officer
AffiniPay, a provider of legal practice management software, integrated payments, and solutions for professionals, today announced the appointment of Leslie Witt, former executive at Headspace and Intuit, as the company’s new Chief Product Officer. Witt will be...
Ford Motor (F) earnings Q1 2025
The Ford display is seen at the New York International Auto Show on April 16, 2025.Danielle DeVries | CNBCDETROIT – Ford Motor is set to report its first-quarter earnings after the markets close Monday, but investor focus is expected to be more on the automaker's 2025...
Trump will make U.S. more appealing for investors
U.S. Treasury Secretary Scott Bessent speaks at the Milken Institute Global Conference 2025 in Beverly Hills, California, U.S., May 5, 2025. Mike Blake | ReutersTreasury Secretary Scott Bessent on Monday sketched out the roadmap of President Donald Trump's "America...
eToro IPO hits the road: $460-500 million offering at $3.7-4.0 billion valuation
The eToro IPO roadshow is, well, hitting the road. Following our report from earlier today that Israel based online broker eToro was likely to restart its IPO process after postponing its about-to-start IPO roadshow in early April, eToro has filed an update to its F-1...
7 outdated beliefs about productivity that might be quietly sabotaging your career
Ever heard the old adage, “Work smarter, not harder?” Well, that’s the secret sauce to productivity, right? Here’s the catch though. You might be harboring some outdated beliefs about productivity that are silently undermining your career growth. And the worst part?...
Gold rises as demand for safe-haven assets returns :: InvestMacro
By RoboForex Analytical DepartmentGold prices climbed to 3,260 USD per troy ounce on Monday, as global uncertainty—particularly around US-China trade negotiations—continues to drive demand for safe-haven assets.Trade tensions and a weaker dollar support goldMarket...
MLS, EA agree to stream four soccer matches on EA Sports FC Mobile
Javier Hernandez, #14 of the Los Angeles Galaxy. takes a shot on goal during a game between New York Red Bulls and Los Angeles Galaxy at Dignity Health Sports Park on in Carson, California, on April 25, 2021.Michael Janosz | Getty ImagesMajor League Soccer games are...
CME Group fines Southern Star Shipping Co for alleged violations of CBOT rules
International derivatives marketplace CME Group has published a notice of disciplinary action against Southern Star Shipping Co., Inc. Pursuant to an offer of settlement in which Southern Star Shipping Co., Inc. neither admitted nor denied the rule violations or...
Hims & Hers brings former Amazon executive into C-suite
Bringing nearly 20 years of global experience at Amazon, Nader Kabbani is joining the executive leadership team to help the company further innovate on the delivery of affordable, seamless personalized care in the U.S. and globally.Courtesy: Hims & HersHims &...
Skechers to be acquired by 3G Capital in take-private deal, shares soar 25%
The entrance of the Sketchers retail store at the Barton Creek Square Mall on July 16, 2024 in Austin, Texas. Brandon Bell | Getty ImagesFootwear giant Skechers has agreed to be acquired by private equity firm 3G Capital for $63 per share, ending its nearly...
Trump set to raise millions from crypto and memecoin this month
Jonathan Raa | Nurphoto | Getty ImagesPresident Donald Trump has two crypto-focused dinners on the calendar this month — one aimed at deep-pocketed political donors, the other at meme coin millionaires. Both are poised to help him rake in millions.The first event, a...
Movie studio stocks fall after Trump proposes foreign film tariff
The famed Hollywood sign is viewed on September 25, 2023 in Los Angeles, California. Mario Tama | Getty ImagesInvestors in Hollywood's top studios and streaming services were spooked Monday after President Donald Trump proposed implementing a 100% tariff on movies...
The US labor market unexpectedly showed resilience. Oil prices fell sharply after the OPEC+ meeting :: InvestMacro
The US stocks rose on Friday thanks to a strong jobs report and signs of easing trade tensions between the US and China, which boosted investor confidence. The Dow Jones (US30) Index was up 1.39% (up +2.85% on the week). The S&P 500 Index (US500) was up 1.47% (for...
Incoming German Chancellor Merz vows reforms and investments
Friedrich Merz, leader of the Christian Democratic Union (CDU), signs the coalition contract between the CDU, the CDU'S Bavarian sister party, the Christian Social Union (CSU), and the German Social Democrats (SPD) on May 05, 2025 in Berlin, Germany.Maja Hitij | Getty...
MLS sponsorships spike as U.S. soccer gains popularity
Lionel Messi #10 of Inter Miami shoots during the first half against the Columbus Crew at Huntington Bank Field on April 19, 2025 in Cleveland, Ohio. Miami defeated Columbus 1-0. Jason Miller | Getty Images Sport | Getty ImagesThe rising popularity of soccer in the...
Exclusive: Former Sucden COO Gavin Parker joins Marex Abu Dhabi
FNG Exclusive… FNG has learned that longtime Sucden Financial executive Gavin Parker has joined institutional broker and market making firm Marex Group plc (NASDAQ:MRX), as Chief Operating Officer (COO) of Marex’s new Abu Dhabi unit, Marex Capital (AD) Limited. Gavin...
Hinge Health unlikely path to IPO
Hinge Health co-founders Gabriel Mecklenburg (left) and Daniel Perez (right).Courtesy of Hinge HealthAt digital physical therapy startup Hinge Health, CEO Daniel Perez used to recognize hard-working employees with the "Cockroach Award," a distinction that brought with...
ADB fully supports India’s development priorities under PM Modi: Masato Kanda, ET BFSI
New Delhi, May 5 (IANS) Asian Development Bank (ADB) President Masato Kanda, in his meeting with Union Finance Minister Nirmala Sitharaman, has expressed the Bank’s full support to India’s development priorities, guided by Prime Minister Narendra Modi’s vision of...
Saxo Bank enhances margin monitor
Multi-asset investment specialist Saxo Bank is enhancing the margin monitor. In the beginning of May, Saxo will improve the visual impact of the margin monitor by using different colours to indicate urgency. Furthermore, the margin monitor will no longer be displayed...
TradingView introduces new sorting feature in drawings settings
TradingView continues to make efforts to help traders keep their workspace organized, as this is crucial to productive market analysis. Unused or outdated drawing objects can clutter layout, so to make their management easier, TradingView has introduced a new sorting...
What KPIs Should You Track In Your Small Business? » Succeed As Your Own Boss
Running a small business successfully requires more than intuition—it demands tracking performance metrics that guide decision-making. Key Performance Indicators (KPIs) provide measurable insights into your business operations, helping you optimize lead generation,...
India’s liberal FDI policy offers huge investment opportunities for global investors: Deloitte, ET BFSI
New Delhi, India's liberalised foreign direct investment (FDI) policy offers stability, predictability and sector-agnostic investment opportunities for global investors looking to tap into its vast and expanding economy, Deloitte India said on Sunday. It also said...
Binance partners with Kyrgyz National Agency for Investments
Binance has partnered with the National Agency for Investments under the President of the Kyrgyz Republic to drive forward the development of digital assets in the region. The Memorandum of Understanding (MoU) was signed during the first meeting of the Council for the...
Inside GM’s battle to revive Cadillac as the American luxury car brand
The "Saarinen Lobby" inside General Motors' global design headquarters on the campus of its Warren Technology Center outside of Detroit, Michigan.GMWARREN, Mich. — Walking into General Motors' global design headquarters is like taking a step back in time. Much of the...
ATFX volumes top $776 billion in Q1 2025 led by Stocks and Indices trading
Leading online broker ATFX has announced that the company has achieved significant growth in Q1 2025 reaching total client trading volumes of USD $776.5 billion (or $259 billion in monthly average trading volumes) across its trading platforms, up by 21% over Q4 2024....
Uday Kotak sets new national real estate record with Rs 400 crore Worli Sea Face building purchase, ET BFSI
NEW DELHI: Billionaire banker Uday Kotak finalised the acquisition of an entire residential building on Mumbai's Worli Sea Face for over Rs 400 crore, setting a new national benchmark for residential property prices.The founder of Kotak Mahindra Bank has now completed...
eToro considers relaunching its IPO this week
Business news source Bloomberg is reporting that Israel based online trading outfit eToro might be looking to relaunch its initial public offering (IPO) in the US this week, as equity markets have somewhat stabilized, citing “people familiar with the matter.”...
RBI’s push to internationalise the rupee through special vostro accounts, ET BFSI
Explainer: RBI’s push to internationalise the rupee through special vostro accountsTaking measured steps to promote the international use of the rupee. At the heart of this push is the Reserve Bank of India's Special Rupee Vostro Account (SRVA) mechanism—a framework...
Opportunity to invest in India’s long-term growth story is now: Morgan Stanley, ET BFSI
New Delhi, Global brokerage Morgan Stanley has reaffirmed its positive long-term outlook on Indian equities, highlighting that India is likely to outperform in a global bear market scenario.According to a note by the brokerage, the opportunity to invest in India's...
What is Pepe (PEPE) Coin and How Does It Work?
The cryptocurrency space is almost similar to a huge playground where you can expect new players to arrive anytime. One of the most interesting additions to the crypto landscape, the Pepe (PEPE) coin, is an example of popular memecoins. Beginners must understand that...
Cumulative rate cuts of 125-150 bps estimated in FY26: SBI report, ET BFSI
New Delhi, The benign inflationary patterns suggest an aggressive rate cut trajectory by the Reserve Bank of India, with key policy rate likely to breach the 'Neutral' rate by March 2026, an SBI Research report said on Monday.A cumulative rate cut of 125-150 bps is...
Vantage launches Copy Trading on Client Portal website
Vantage Markets, a leading CFDs broker, has announced the launch of Copy Trading via the Vantage Client Portal website, further expanding access to one of its most popular features in jurisdictions where Vantage operates. Previously available through the Vantage App,...
7 evening habits of people who are destined for remarkable things in life
In the hustle and bustle of life, we often overlook the importance of our evening habits. But believe it or not, the way you wind down your day has a significant impact on your journey towards success. If you’ve ever wondered what sets successful people apart, it’s...
8 phrases overly critical partners use without realizing how unsupportive they sound
When your partner criticizes you, it’s clear they’re upset. When they nag, you know they’re frustrated. But, oh, isn’t human communication more complicated than that? Dig a little deeper, and you’ll find that some phrases that roll off our tongues have a far more...
World Bank ED Parameswaran Iyer to represent India at IMF board, ET BFSI
Parameswaran Iyer, Executive Director at the World Bank, has been temporarily entrusted with the responsibility of being India's nominee director on the board of International Monetary Fund (IMF) ahead of a crucial May 9 meeting, sources said. Iyer's nomination was...
India government finalising response to top court scrapping JSW Steel-Bhushan deal, official says, ET BFSI
(Adds context)MUMBAI, - The Indian government has discussed with banks a court order that scrapped JSW Steel's four-year-old buyout of Bhushan Power and Steel, and is finalising a response, a government official said on Monday.The Supreme Court, on Friday, nullified...
How to Pay Bills and Shop Online Using Cryptocurrency: A Complete Guide for Businesses
Pay Bills and Shop Online Using CryptocurrencyCryptocurrency has moved from being a niche investment to a practical payment option for everyday transactions. Businesses, shoppers, and service providers are increasingly turning to digital currencies for their speed,...
FX option expiries for 5 May 10am New York cut
There are just a few to take note of on the day, as highlighted in bold.They are for EUR/USD at the 1.1300 and 1.1400 levels, with price action sitting right in between the expiries at the moment. They are notable but not likely to offer much impact though, as they...
Exclusive: IQ Option Head of Dealing Pawel Cichowski departs
FNG Exclusive… FNG has learned that Cyprus based executive Pawel Cichowski has left his position as Head of Dealing at CySEC licensed Retail FX and CFDs broker IQ Option. Pawel Cichowski joined IQ Option as Head of Dealing in 2023, as was also exclusively reported at...
If I Had to Do It All Over Again with Melinda Emerson » Succeed As Your Own Boss
Melinda F. Emerson, “SmallBizLady” is America’s #1 Small Business Expert. She is an internationally renowned keynote speaker on small business development, social selling, and online marketing strategy. As CEO of Quintessence Group, her Philadelphia-based marketing...
NPR and PBS to challenge Trump over public funding cuts
A sign for the Public Broadcasting Service (PBS) is seen on its building headquarters on Feb. 18, 2025 in Arlington, Virginia.Kayla Bartkowski | Getty ImagesThe CEOs of NPR and PBS said they're looking into options to challenge the Trump administration following the...
Men who are charismatic in public but hostile and patronizing behind closed doors usually display these behaviors
Every coin has two sides, as does every personality. Some men are experts at showcasing their charisma in public, wooing crowds and winning admiration. However, these same men can turn hostile and patronizing once the public eye is turned. They are like chameleons,...
Trump blames ‘bad parts’ of economy on Biden
U.S. President Donald Trump walks to board Marine One to depart for Alabama, on the South Lawn of the White House in Washington, D.C., U.S., May 1, 2025. Nathan Howard | ReutersPresident Donald Trump took credit for the "good parts" of the economy in an exclusive...
Speculators boost Brazilian Real and Japanese Yen Bets to New Record Highs :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday April 29th and shows a quick view of how large market...
Retailers urge shoppers to buy before Trump tariffs raise prices
Retailers bracing for consumer spending to drop are using President Donald Trump's trade war as a marketing strategy, urging consumers to buy now before tariffs lead to price increases or potential shortages. A host of private and direct-to-consumer brands such as...
FX week in review: BUX sale value, XM.com CEO buys bank, INFINOX CEO, DTT regulatory trouble, broker results
How much did ABN Amro pay to buy neobroker BUX? Which commercial bank is being acquired by XM.com co-founder and CEO Costas Cleanthous? Who is INFNOX’s new CEO? What are the latest results from a variety of FX and CFDs industry players including Plus500, GCEX, XTB,...
8 habits of people who seek validation online but feel disconnected from the real world
When someone posts a selfie, you know they want likes. When they vent, they’re seeking sympathy. That’s Online Communication 101. But it’s not always as black and white as that. The digital world is just as layered and complex as our minds, making it tricky to truly...
JPY, BRL, Wheat & 5-Year Bonds lead Bullish & Bearish Positions :: InvestMacro
By InvestMacro The latest update for the weekly Commitment of Traders (COT) report was released by the Commodity Futures Trading Commission (CFTC) on Friday for data ending on April 29th.This weekly Extreme Positions report highlights the Most Bullish and Most Bearish...
7 signs a man is unhappy with his life but too emotionally shut down to ask for help
It’s a tough pill to swallow, but sometimes, men struggle with expressing emotions. This isn’t because they’re cold or indifferent, but often because they’re trapped in a societal norm telling them they should remain stoic. Men—or anyone—going through an emotional...
Speculator Bets led higher by VIX & Russell 2000 :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday April 29th and shows a quick view of how large traders...
Speculator Changes led this week by 2-Year Bonds & SOFR-1M :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) reports data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday April 29th and shows a quick view of how large...
Speculator Weekly Changes led by Silver & Platinum :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday April 29th and shows a quick view of how large traders...
Why Your Business Needs a Custom Cryptocurrency Wallet in 2025
Custom Cryptocurrency WalletIn today’s fast-moving digital economy, accepting and managing cryptocurrencies is no longer optional for forward-thinking businesses. Whether you’re a startup or an established enterprise, working with a reputable Wallet Development...
7 subtle habits of people who will never achieve true financial freedom
“You don’t need money to be happy,” my Dad would tell me. Sure, there’s truth in that. Happiness isn’t tied to the amount in our bank account. Yet, we cannot deny that financial stability does bring a certain level of comfort and ease. But here’s the kicker. What if...
Speculator Bets led higher by Cotton, Soybean Oil & Coffee :: InvestMacro
By InvestMacroHere are the latest charts and statistics for the Commitment of Traders (COT) reports data published by the Commodities Futures Trading Commission (CFTC).The latest COT data is updated through Tuesday April 29th and shows a quick view of how large...
Trump depicted as pope in AI-generated photo
U.S. President Donald Trump's Truth post in papal attire.Courtesy: The White House via X, formerly TwitterThe White House posted an AI-generated photo of President Donald Trump depicted as the pope on Friday, days after he joked that he'd "like to be pope."The image —...
Trump China tariffs hit wedding dresses and bridal shops
Denise Buzy-Pucheu, founder and owner of The Persnickety Bride, said steep tariffs on imports from China are hurting U.S. businesses, including bridal shops and wedding dress designers. Some of the brands she carries have added a tariff surcharge.Courtesy of The...
Investors to earn 221% returns on maturity as RBI announces final price for SGB 2017-18 Series I; check details, ET BFSI
The Reserve Bank of India (RBI) has announced the final redemption price of Sovereign Gold Bond (SGB) 2017-18 Series I. The final redemption is due on May 9, 2025. The SGB bond was issued in May 2017. The SGB is repayable on the expiration of eight years from the date...
8 behaviors of people who are happy online but emotionally struggling in real life
When you see someone posting a joyous picture or a cheerful status online, it’s easy to assume they’re happy. But behind the radiant smiles and exuberant captions, some might be grappling with emotional turmoil in their real life. Indeed, the complexity of human...
RBI seeks lifting cap on ‘vostro’ accounts investments to push rupee-denominated trade, sources say, ET BFSI
The Reserve Bank of India has sought the government's approval to remove the cap on foreign banks with so-called vostro accounts buying short-term sovereign debt, to boost rupee-denominated investment and trade, according to two sources and a letter seen by...
India’s borrowers are getting younger with every passing generation, ET BFSI
In the 1970s, taking a loan was almost a rite of passage into middle age. Borrowing was reserved for those with financial stability, sizable savings, and the discipline to wait. Fast forward to 2025, and the landscape looks nothing like it once did. Today’s credit...
NASA $6 billion budget cut, acting administrator sees ‘tough choices’
The Trump administration has floated a plan to trim about $6 billion from the budget of NASA, while allocating $1 billion of remaining funds to Mars-focused initiatives, aligning with an ambition long held by Elon Musk and his rocket maker SpaceX.A copy of the...
If you want to feel more appreciated by friends and family as you get older, say goodbye to these 7 habits
As we grow older, our relationships with friends and family can evolve in unexpected ways. Sometimes, it might feel like you’re not as appreciated as you once were. But hold on, before you lay the blame elsewhere, consider this: could it be some of your habits that...
Nike, Adidas and other footwear giants ask Trump for tariff exemption
A man shops for shoes at a Nike outlet store in Los Angeles, California on April 10, 2025.Frederic J. Brown | Afp | Getty ImagesAmerica's largest shoe brands are asking President Donald Trump for a tariff reprieve.The Footwear Distributors and Retailers of America...
Temu halts shipments direct from China as de minimis tariff rule ends
A package from Temu is seen in front of a screen with the Temu logo. (Photo by Nikos Pekiaridis/NurPhoto via Getty Images)Nurphoto | Nurphoto | Getty ImagesBargain Chinese retailer Temu changed its business model in the U.S. as the Trump administration's new rules on...
United Airlines blames FAA for hundreds of Newark flight disruptions
United Airlines airplanes proceed to a runway at Newark Liberty International Airport on Feb. 20, 2025, in Newark, New Jersey.Gary Hershorn | Corbis News | Getty ImagesUnited Airlines passengers faced hourslong delays again Friday as air traffic controller staffing...
Whether GDP swings up or down, there are limits to what it says about the economy and your place in it :: InvestMacro
By Sophie Mitra, Fordham University The Bureau of Economic Analysis released the latest U.S. gross domestic product data on April 30. In the first three months of 2025, it said, GDP contracted by 0.3%. The GDP growth rate captures the pace at which the total value of...
Uber inks robotaxi deal with Momenta to launch service in Europe 2026
A passenger walks near Uber signage after arriving at Los Angeles International Airport in Los Angeles, California, on July 10, 2022.David Swanson | ReutersUber said on Friday that it's partnering with Chinese self-driving startup Momenta to launch robotaxi services...
RBI penalises 5 banks including Axis, ICICI, BoB, and others, BFSI News, ET BFSI
The Reserve Bank of India (RBI) on Friday imposed monetary penalties on five banks, three of those are private lenders including Axis Bank, ICICI Bank, and IDBI Bank. Other two are public sector banks including Bank of Baroda, and Bank of Maharashtra, for deficiencies...
Jeff Bezos discloses plan to sell up to $4.8 billion in Amazon stock
Jeff Bezos, founder and executive chairman of Amazon and owner of The Washington Post, takes the stage during The New York Times' annual DealBook Summit, at Jazz at Lincoln Center in New York City, Dec. 4, 2024.Michael M. Santiago | Getty ImagesAmazon founder Jeff...
Crude caught in crosswinds ahead of OPEC+ showdown :: InvestMacro
Crude ends April ↓ 18.6%OPEC+ expected to sign off another supply hikePositive US-China trade may support oil bullsFed decision sparked moves of ↑ 0.4% & ↓ 0.9% over past yearTechnical levels: $65, $60 & $55As the countdown draws closer to the key US jobs...
Where Apple and Amazon are starting to feel the pinch
Apple CEO Tim Cook, center, watches during the inauguration ceremonies for President Donald Trump, right, and Vice President JD Vance, left, in the rotunda of the U.S. Capitol in Washington, Jan. 20, 2025.Shawn Thew | Afp | Getty ImagesA tale of two different...
American Airlines debuts new suites with sliding doors
American Airlines seat for its new Flagship Suite seatsTKTKAmerican Airlines' new suites with sliding doors are set to start flying on some of its planes in June, a key part of its strategy to compete against more profitable rivals for high-spending customers.American...
Stock indices are rising amid the signing of trade agreements with the US. Natural gas prices rose to a 3-week high :: InvestMacro
Wall Street opened May on a strong note. The Dow Jones (US30) was up 0.21% on Thursday. The S&P 500 Index (US500) added 0.63%. The Nasdaq Technology Index (US100) increased by 1.10%. Strong earnings results from technology giants and optimism about global trade...
Google advertising antitrust remedies trial set for Sept. 22, judge says
Sundar Pichai, chief executive officer of Alphabet Inc., during a visit to the Google for Startups campus in Warsaw, Poland, on Thursday, Feb. 13, 2025. The EU has established a reputation globally for its aggressive regulation of major technology companies, including...
Netflix stock trading at all-time highs in unprecedented win streak
Netflix is on a winning streak.The streaming giant's stock has traded for 11 straight days without a decline, the company's longest positive run ever.Stock Chart IconStock chart iconNetflix stock since April 17.Its previous record was a nine-day stretch in late 2018...
FCA restricts Direct Trading Technologies
UK financial regulator The Financial Conduct Authority (FCA) has announced that it is restricting Direct Trading Technologies UK Ltd (or for short, DTT) from carrying out regulated activities, preventing it from carrying on any regulated activities and restricting...
7 habits of unsuccessful people who are destined to stay mediocre in life, says psychology
There’s a stark contrast between being successful and just getting by in life. Psychology points out that this difference boils down to certain habits. Unsuccessful people, who seem to be stuck in mediocrity, often engage in specific behaviors that hinder their...
Block plunges 20% as Cash App miss triggers downgrades
Block shares were on track for their second-worst day Friday, plunging more than 20% as investors digested a brutal quarterly report and a wave of analyst downgrades centered on one issue: Cash App.The first-quarter earnings miss rattled Wall Street, prompting...
OCC appoints Stephen Luparello as Chairman
Equity derivatives clearing organization OCC today announced the appointment of Stephen Luparello as Chairman. Mr Luparello will succeed Craig Donohue, who resigned to pursue another career opportunity. Mr. Luparello is a Public Director on OCC’s Board of Directors,...
Italy’s CONSOB orders blocking of access to four unauthorized investment websites
Italy’s Companies and Exchange Commission (CONSOB) has ordered the blocking of access to four unauthorized investment websites. The websites targeted by the latest orders are: “Egplus.vip” (website https://egplus.vip); “Egalite.bond” (website https://egalite.bond);...
Trump calls on Fed once again to lower rates after solid April jobs report
Jerome Powell, chairman of the US Federal Reserve, during an Economic Club of Chicago event in Chicago, Illinois, US, on Wednesday, April 16, 2025. Jamie Kelter Davis | Bloomberg | Getty ImagesPresident Donald Trump on Friday issued his latest call for the U.S....
Amazon’s ad business grew 19% in first quarter, topping estimates
A woman cleans the store window of the Amazon house after activists sprayed paint on its logo during a protest on the opening day of the 55th annual meeting of the World Economic Forum in Davos, Switzerland, on Jan. 20, 2025.Yves Herman | ReutersAmazon reported a 19%...
Apple clears Spotify app update that allows purchases
Daniel Ek, co-founder and chief executive officer of Spotify Technology SA, during the Acquired LIVE event at the Chase Center in San Francisco, California, US, on Tuesday, Sept. 10, 2024. David Paul Morris | Bloomberg | Getty ImagesSpotify on Friday said Apple has...
CME fines Mark IV Brokerage for alleged violations of wash trades prohibition
International derivatives marketplace CME Group today posted a notice of disciplinary action against Mark IV Brokerage, LLC. Pursuant to an offer of settlement in which Mark IV Brokerage, LLC, neither admitted nor denied the rule violations or factual findings upon...
President vows to revoke tax-exempt status
President Donald Trump on Friday said his administration will revoke Harvard University's tax-exempt status, escalating his previous threats against the Ivy League school and potentially expanding an ongoing legal battle."It's what they deserve!" Trump wrote in a...
Flipkart, PhonePe, Oyo among $100 billion tech startups eyeing IPOs by 2027, ET BFSI
More than three dozen tech startups with a combined valuation of $100 billion are set to go public by 2027 in what would mark a rebound in stock sales in India, according to one of the country’s top deal advisers to internet companies.Walmart Inc.-controlled online...
Airbnb (ABNB) Q1 earnings report 2025
Airbnb CEO Brian Chesky appears at "The Game Plan: Strategies for Entrepreneurs" at Airbnb Open in Los Angeles on Nov. 19, 2016.Kurt Krieger - Corbis | Getty Images Entertainment | Getty ImagesAirbnb reported results for the first quarter that were mostly in line with...
INDIA RUPEE-Rupee hits six-month peak before retreating on likely central bank intervention, ET BFSI
MUMBAI, - The Indian rupee soared past 84 per U.S. dollar to touch a near six-month peak on Friday before reversing course on the back of likely dollar buying intervention by the central bank, via state-run lenders, traders said.Strong portfolio inflows and culling of...
Cboe registers 16% Y/Y increase in Global FX revenue in Q1 2025
Cboe Global Markets, Inc. today reported financial results for the first quarter of 2025. Record Global FX net revenue of $21.3 million increased 16% as compared to the first quarter of 2024. The increase was due to higher net transaction and clearing fees. ADNV...
Amazon CEO Jassy says he’s ‘optimistic’ company could emerge from tariff uncertainty stronger
Amazon CEO Andy Jassy speaks during a keynote address at AWS re:Invent 2024, a conference hosted by Amazon Web Services, at The Venetian Las Vegas on December 3, 2024 in Las Vegas, Nevada.Noah Berger | Getty ImagesAmazon CEO Andy Jassy looked to reassure investors on...
India central bank working group recommends longer hours for interbank money markets, ET BFSI
MUMBAI, - A working group set up by the Indian central bank has recommended longer operating hours for the interbank money markets, while maintaining the current schedule for the bond and forex markets, according to a notice issued on Friday.The Reserve Bank of India...
India’s total exports rise 6 per cent to all-time high of $824.9 billion: RBI, ET BFSI
New Delhi, India's total exports have touched an all-time high of $824.9 billion in the financial year 2024-25, as per the latest data released by the Reserve Bank of India which includes the services trade for March 2025.This marks a growth of 6.01 per cent over the...
Tether eyes U.S. expansion with new stablecoin as CEO courts Washington
DUBAI, United Arab Emirates — Tether, the world's largest stablecoin issuer, is preparing to launch a U.S.-based stablecoin as soon as this year, as its CEO ramps up his presence in Washington to shape crypto regulation.In an interview with CNBC this week, Tether CEO...
ACCC grants interim authorisation to AusPayNet and AP+
The Australian Competition and Consumer Commission (ACCC) has granted interim authorisation to Australian Payments Network Limited (AusPayNet) and Australian Payments Plus Limited (AP+). On 21 February 2025, AusPayNet and AP+ filed an application on behalf of...
Ireland fines TikTok €530 million for sending EU user data to China
The TikTok logo is seen outside the Chinese video app company's Los Angeles offices on April 4, 2025 in Culver City, California.Robyn Beck | AFP via Getty ImagesTikTok has been fined 530 million euros ($601.3 million) by Ireland's privacy regulator for sending user...
Churchill Downs CEO sees strong demand despite uncertainty
The 151st running of the Kentucky Derby is set for Saturday amid a backdrop of global economic uncertainty, waning consumer confidence and tariffs that could cause construction costs to rise.Churchill Downs has paused a $900 million capital improvement project at its...
cTrader returns as sponsor of Limassol Padel league
Building on the momentum of its March launch, Spotware is proud to announce the next round of the cTrader Padel League – and this time, we’re turning up the energy even more! On Monday, 16th June 2025, from 3:00 – 6:00 pm, join us once again at one of Limassol’s most...
SEBI accuses Adani nephew in insider trading case, he seeks to settle, ET BFSI
India's markets regulator has alleged Pranav Adani, director of several Adani group companies and the nephew of the billionaire founder, shared price sensitive information and breached regulations aimed at preventing insider trading, according a document reviewed by...
China’s Xpeng delivered over 30,000 vehicles for sixth straight month
People visit XPENG booth at 2025 Spring International Auto Show in Qingdao, Shandong province, China, on March 7, 2025. Cfoto | Future Publishing | Getty ImagesChinese electric vehicle maker Xpeng delivered 35,045 vehicles in April, sustaining its record of delivering...
Mike Waltz used Signal app at White House day before ouster
U.S. National Security Advisor Mike Waltz checks his mobile phone while attending a cabinet meeting held by U.S. President Donald Trump at the White House in Washington, D.C., U.S., April 30, 2025. Evelyn Hockstein | ReutersFormer White House national security advisor...
Reddit Q1 earnings report 2025
Reddit reported first-quarter revenue on Thursday that beat Wall Street expectations, and issued better-than-expected guidance.The stock initially soared by as much as 19% in after-hours trading, but receded to around 5% when executives discussed the shaky economy and...
Version 8.11 of Genesis Application Platform brings MCP Server for AI integration
Version 8.11 of the Genesis Application Platform brings a Model Context Protocol (MCP) Server to Genesis users, offering a controlled gateway for AI to access Genesis applications. The release also redefines how Genesis addresses reporting by giving application end...
AWS Q1 earnings report 2025
Amazon CEO Andy Jassy speaks during an unveiling event in New York on Feb. 26, 2025.Michael Nagle | Bloomberg | Getty ImagesAmazon's cloud business grew at a slower pace than expected in the first quarter, a third straight revenue miss.Revenue at Amazon Web Services...
Rs 2000 notes worth Rs 6,266 cr still in circulation after withdrawal 2 yrs ago, ET BFSI
Mumbai: The high value Rs 2000 notes worth Rs 6,266 crore are still in circulation after two years of the Reserve Bank withdrawing the currency, according to official data. The Rs 2000 banknotes continue to be legal tender. On May 19, 2023, the Reserve Bank of India...
Russia war in Ukraine ‘not going to end any time soon,’ JD Vance says
U.S. Vice President JD Vance waves as he boards Air Force Two on May 1, 2025 in Charleston, South Carolina.Pool | Getty Images News | Getty ImagesU.S. Vice President JD Vance has warned Russia's full-scale invasion of Ukraine is not likely to come to an end "any time...
Nvidia CEO Jensen Huang gets first salary raise in a decade
Nvidia's CEO Jensen Huang delivers his keystone speech ahead of Computex 2024 in Taipei on June 2, 2024. Sam Yeh | AFP | Getty ImagesNvidia CEO Jensen Huang has made tens of billions of dollars in recent years from his stake in the chipmaker, but he's getting his...
MultiBank in $3 billion real estate tokenization agreement with MAG, Mavryk
Leading UAE real estate developer MAG has announced a historic $3 billion tokenization agreement with MultiBank Group, the world’s largest financial derivatives institution based in Dubai, and Mavryk, a leading blockchain innovator – marking what the parties called...
Venmo gaining ground in payments as Cash App struggles
In the increasingly crowded market for peer-to-peer payments, Venmo is showing momentum while Cash App has hit a rough patch. The parents of both businesses reported quarterly results this week. PayPal, which owns Venmo, reported an earnings beat and kept its forecast...
What is Floki Inu (FLOKI)?
Memecoins are one of the variants of crypto assets that have been responsible for creating a new narrative about cryptocurrencies. While other crypto assets draw attention to monetary value, memecoins focus on social aspects such as popular internet culture....
Trump plans to unveil federal budget proposal on Friday
U.S. President Donald Trump at the White House on May 1, 2025 in Washington, DC. Andrew Harnik | Getty Images News | Getty ImagesU.S. President Donald Trump plans to unveil his budget proposal for the 2026 fiscal year on Friday and send it to Congress, according to a...
RBI announces new portfolio allocation for four Deputy Governors after Poonam Gupta’s appointment, ET BFSI
The Reserve Bank of India (RBI) has announced the revised distribution of responsibilities among its Deputy Governors following the appointment of Poonam Gupta, who officially assumed charge on 2nd of May. Gupta will oversee key economic and policy departments, while...
Cboe Clear Europe adds crypto-backed exchange traded products (ETPs)
Pan-European clearing house Cboe Clear Europe has announced the expansion of its clearing services to include cryptocurrency-backed exchange-traded products (ETPs), following recent regulatory approval. ETPs eligible for clearing will be required to meet specific...
Apple has managed tariffs so far, but Cook lacks long-term answers
Apple CEO Tim Cook, after nearly a month of anticipation from investors, on Thursday finally revealed how Apple was navigating the Trump administration's tariffs.The company only saw a "limited impact" on tariffs between January and the end of March, Cook told...
7 unconscious behaviors of a man who no longer feels love, says psychology
Love, as we know it, can be a complex and tricky emotion—when it begins to fade, it can often be hard to recognize, especially in our own behavior. Psychology suggests that when a man loses the feeling of love, he subconsciously starts to exhibit certain behaviors....
Transformation of debt collection strategy of Central Bank of India with Spocto X, ET BFSI
The Central Bank of India (CBoI), one of the oldest and most widespread public sector banks, wanted to improve its debt recovery mechanism and overall user experience.With better UX becoming the primary driver for good engagement and impactful results, the bank wanted...
FX option expiries for 2 May 10am New York cut
As we look to close out the week, there isn't too much on the expiries list to take note of. There is perhaps arguably just one for USD/JPY at 146.00 but it doesn't tie to any technical significance. As such, I wouldn't expect the expiries to have much impact. The...
Block (XYZ) earnings Q1 2025
Block reported first-quarter results that missed Wall Street expectations on Thursday and issued a disappointing outlook. The stock tumbled 15% in extended trading.Here is how the company did, compared to analysts' consensus estimates from LSEG.Earnings per share: 56...
Farage’s Reform UK Party support surges, wins closest ever by-election
Nigel Farage (C), leader of the Reform UK party, celebrates the victory of Sarah Pochin, the party's candidate, in the Runcorn & Helsby by-election at the DCBL Stadium in Widnes, north-west England, in the early hours of May 2, 2025. Oli Scarff | Afp | Getty...
Sucden Financial posts 54.6% increase in profit in 2024
Sucden Financial, the multi-asset execution, clearing and liquidity provider, has reported audited financial results for the year ended 31 December 2024, delivering increased profit, revenue and total net assets. Pre-tax profit amounted to £36.7 million, up 54.6% from...
If a man’s love is fading, he’ll usually display these habits (without realizing it)
There’s a subtle difference between a man deeply in love and one whose affections are slowly ebbing away. Often, this shift in emotions is so gradual, he might not even be aware of it himself. This transition isn’t about deception or concealment. It’s about subtle...
Trump nominates Mike Waltz as UN ambassador
U.S. National Security Advisor Mike Waltz joins U.S. Vice President JD Vance for a visit to the U.S. military's Pituffik Space Base in Greenland on March 28, 2025. Jim Watson | Via ReutersPresident Donald Trump said Thursday that he will nominate Mike Waltz to be the...
Apple (AAPL) earnings report Q2 2025
Apple CEO Tim Cook greets former President Barack Obama at the inauguration of U.S. President Donald Trump at the U.S. Capitol Rotunda in Washington, D.C., on Jan. 20, 2025.Julia Demaree Nikhinson | Getty ImagesApple reports fiscal second-quarter earnings Thursday...
Amazon (AMZN) Q1 earnings report 2025
Amazon CEO Andy Jassy speaks during an Amazon Devices launch event in New York City, Feb. 26, 2025.Brendan McDermid | ReutersAmazon is slated to announce its first-quarter earnings after the market close on Thursday.Here's what analysts are looking for:Earnings per...
Amazon MGM Studios set to fill a gap in Hollywood’s movie slate
Cast of the Amazon MGM Studios CinemaCon 2025 seen at the Amazon MGM Studios CinemaCon 2025 presentation at The Colosseum at Caesars Palace on April 02, 2025 in Las Vegas, Nevada. Stewart Cook | Getty Images Entertainment | Getty ImagesTech is saving Hollywood —...
Trump national security advisor Mike Waltz expected to leave
National Security Advisor Michael Waltz looks at his phone as he prepares for a TV interview at the White House on May 01, 2025 in Washington, DC. This week marks the first 100 days of U.S. President Donald Trump's second term. Andrew Harnik | Getty Images News |...
Microsoft raises prices of Xbox video game consoles and controllers
Microsoft CEO Satya Nadella speaks during an event celebrating the 50th Anniversary of Microsoft in Redmond, Washington, on April 4, 2025.Stephen Brashear | Getty Images News | Getty ImagesMicrosoft said Thursday that it has increased the recommended retail prices of...
Interactive Brokers reports 63% Y/Y jump in DARTs in April 2025
Electronic trading major Interactive Brokers Group, Inc. (NASDAQ:IBKR) has just posted its key operating metrics for April 2025. The brokerage registered 3.818 million Daily Average Revenue Trades (DARTs), 63% higher than in April 2024 and 10% higher than in March...
L3 Harris redoing Qatari jet as potential Air Force One after Boeing delays
First Lady Melania Trump laughs as she watches US President Donald Trump cut with a saber into a cake representation of the new Air Force One design during the Commander-In-Chief inaugural ball at the Walter E. Washington Convention Center in Washington, DC, on Jan....
Microsoft pops 9% after earnings beat, on pace for best day in 5 years
Satya Nadella, CEO of Microsoft, speaking on CNBC's "Squawk Box" outside the World Economic Forum in Davos, Switzerland, on Jan. 22, 2025.Gerry Miller | CNBCMicrosoft shares popped 9% Thursday after the software giant issued strong guidance, and robust cloud growth...
CME to launch CME Rolling Futures Indices
On Wednesday, May 7, the CME Rolling Futures Indices will be made available via MDP Streamline on the Benchmark Premium Channel (Channel 261) for customer testing in New Release. The CME Rolling Futures Indices represent the performance of a rolling investment in an...
How horse owners invest and potentially earn millions
Mystik Dan #3, ridden by jockey Brian J. Hernandez Jr. (R), crosses the finish line ahead of Sierra Leone #2, ridden by jockey Tyler Gaffalione and Forever Young, ridden by jockey Ryusei Sakai to win the 150th running of the Kentucky Derby at Churchill Downs on May...
People who stay resilient no matter how tough life gets usually display these 7 behaviors, according to psychology
We’ve all met them – those rare individuals who seem to weather life’s storms with an unwavering sense of grit. They’re the ones who stay resilient, no matter how tough life gets. Have you ever wondered what their secret is? According to psychology, it’s not luck or...
Nvidia and Anthropic clash over U.S. AI chip restrictions on China
U.S. President Donald Trump (L) listens as Nvidia CEO Jensen Huang speaks in the Cross Hall of the White House during an event on "Investing in America" on April 30, 2025 in Washington, DC.Andrew Harnik | Getty ImagesNvidia blasted Anthropic Thursday in a rare public...
Webull enhances its advisory platform by integrating BlackRock’s model portfolio capabilities
Online investment platform Webull (NASDAQ:BULL) today announced the expansion of its advisory services through the launch of BlackRock model portfolios. This new offering delivers enhanced investment options, giving US-based investors access to professionally managed,...
Automakers see strong April sales increases amid tariff fear-buying
The Ford display is seen at the New York International Auto Show on April 16, 2025.Danielle DeVries | CNBCDETROIT — Automakers such as Ford Motor, Hyundai Motor and Kia on Thursday reported significant year-over-year U.S. sales increases in April, as consumers rushed...
Broadridge registers 5% Y/Y increase in revenues in Q3 FY25
Broadridge Financial Solutions, Inc. (NYSE:BR) today reported financial results for the third quarter ended March 31, 2025 of its fiscal year 2025. Total revenues increased 5% to $1,812 million from $1,726 million in the year-ago period. Recurring revenues increased...
Mercedes-Benz to add new vehicle to Alabama plant amid Trump tariffs
An employee installs parts on the undercarriage of a Mercedes-Benz GLS-Class SUV at the Mercedes-Benz US International factory in Vance, Alabama on June 8, 2017. Andrew Caballero-Reynolds | AFP | Getty ImagesMercedes-Benz on Thursday said it will add a new vehicle to...
Meta Platforms jumps 6% on earnings beat, advertising resilience
Meta CEO Mark Zuckerberg appears at the Meta Connect event in Menlo Park, California, on Sept. 25, 2024.David Paul Morris | Bloomberg | Getty ImagesMeta Platforms shares jumped more than 6% Thursday after the company topped earnings expectations and showed advertising...
Eli Lilly CEO David Ricks discusses Trump pharmaceutical tariffs
CEO of Eli Lilly and Company David Ricks speaks at the Economic Club of New York on March 12, 2024 in New York City. Spencer Platt | Getty ImagesEli Lilly CEO Dave Ricks on Thursday said the drugmaker can help "respond" to national security concerns around cheaper...
US GDP unexpectedly contracted. Oil prices fell by 18% over the month. :: InvestMacro
At the end of Wednesday, the Dow Jones Index (US30) rose by 0.35%. The S&P 500 Index (US500) was up 0.15%. The Nasdaq Technology Index (US100) added 0.13%. Investors brushed off recession fears despite data showing the economy contracted for the first quarterly...
Billionaire Lukas Walton picks new CIO for his family office
Noelle Laing, chief investment officer of Builders Vision.Courtesy of Builders VisionA version of this article appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future...
Dukascopy sees Revenues and Profit improve in 2H 2024
Geneva based Retail FX and CFDs broker Dukascopy has released its 2024 Annual Report and financial results, indicating that top line Revenues and bottom line Profit both improved significantly in the second half of the year. After seeing its slowest period in years in...
Chamber of Commerce asks Trump for tariff exclusions
The U.S. Chamber of Commerce is urging the Trump administration to immediately implement a "tariff exclusion process" in order to keep the U.S. economy from falling into a recession and inflicting "irreparable harm" on small businesses.In a letter first obtained by...
CVS Health (CVS) earnings Q1 2025
CVS Pharmacy logo is seen in Washington DC, United States on July 9, 2024.Jakub Porzycki | Nurphoto | Getty ImagesCVS Health on Thursday reported first-quarter earnings and revenue that topped estimates and hiked its guidance, as its troubled insurance business showed...
ICE registers steep increase in revenues in Q1 2025
Intercontinental Exchange (NYSE:ICE), a leading global provider of technology and data, today reported its financial results for the first quarter of 2025. First quarter consolidated net revenues were $2.5 billion including exchange net revenues of $1.4 billion, fixed...
Teladoc buys mental health company UpLift to help boost BetterHelp
Teladoc Health Inc. signage on the floor of the New York Stock Exchange on Dec. 31, 2024.Michael Nagle | Bloomberg | Getty ImagesVirtual care provider Teladoc Health, which has seen its market value plummet over the past five years, said Wednesday that it acquired...
GM lowers 2025 guidance, citing up to $5 billion in tariff exposure
The Chevrolet display is seen at the New York International Auto Show on April 16, 2025. Danielle DeVries | CNBCDETROIT – General Motors on Thursday lowered its 2025 earnings guidance to include a possible $4 billion to $5 billion impact as a result of President...
Amazon to spend $4 billion on small town delivery expansion
Trucks travel through a flooded road while exiting from an Amazon delivery station in Carlstadt, New Jersey, U.S., on Tuesday, Oct. 13, 2020. Bloomberg | Bloomberg | Getty ImagesAmazon said Wednesday it plans to spend roughly $4 billion by the end of 2026 on expanding...
Robinhood Revenues fall 9% QoQ in Q1 2025
Following a record setting, blistering Q4 led by soaring Crypto trading following Donald Trump’s election, US neobroker Robinhood reported results for Q1 2025 that were not quite as good as the previous quarter, but still very impressive from a historical perspective....
Trump rewrites crypto rules first 100 days, industry sees ‘180 pivot’
People walk past an advertisement feature Donald Trump with Bitcoin in Hong Kong. May James | Lightrocket | Getty ImagesAs President Donald Trump hit the 100-day mark this week for his second term in office, his approval numbers were lower than for any administration...
Eli Lilly (LLY) earnings Q1 2025
The Eli Lilly & Co. logo at the company's Digital Health Innovation Hub facility in Singapore, on Thursday, Nov. 14, 2024.Ore Huiying | Bloomberg | Getty ImagesEli Lilly on Thursday reported first-quarter revenue and earnings that topped estimates as demand for...
How to License and Sell Your Content with Mitch Axelrod » Succeed As Your Own Boss
In this episode, Melinda Emerson welcomes Mitch Axelrod to discuss the intricacies of intellectual property (IP) licensing for small businesses. Mitch shares his personal journey in the licensing field, offering insights into identifying and protecting IP effectively....
Epic Systems expands EHR market share lead over Oracle Health
The eponymous sign outside Epic headquarters in Verona, Wisconsin.Source: Yiem via Wikipedia CCEpic Systems, the biggest electronic health records (EHR) vendor, notched its largest ever net gain in hospital market share on record in 2024, widening its lead over rival...
Mesh unveils Apple Pay integration
Global crypto payments network Mesh today unveiled its Apple Pay integration. The new capability will be available later in Q2. It will enable merchants partnering with Mesh to accept crypto payments through Apple Pay without building their own crypto infrastructure....
CVS to boost access to weight loss drug Wegovy for Caremark patients
The "Wegovy" brand slimming syringe is sold in the Achat pharmacy in Mitte. The "Wegovy" slimming syringe has been available in Germany for a year.Jens Kalaene | Picture Alliance | Getty ImagesCVS Health on Thursday said it will significantly expand access to the...
Meta’s Reality Labs posts $4.2 billion loss in first quarter
Meta CEO Mark Zuckerberg tries on Orion AR glasses at the Meta Connect annual event at the company's headquarters in Menlo Park, California, U.S., September 25, 2024. REUTERS/Manuel OrbegozoManuel Orbegozo | ReutersMeta is continuing to sink billions of dollars a...
HKEX re-appoints Carlson Tong as Chairman
The Board of Directors of Hong Kong Exchanges and Clearing Limited (HKEX) has resolved to re-appoint Mr Carlson Tong as the Chairman of the Board for a term to be coterminous with his directorship. Pursuant to Article 109(2) of HKEX’s Articles of Association and...
Qualcomm (QCOM) earnings report Q2 2025
Qualcomm CEO Cristiano Amon responds to a question during a keynote conversation at CES 2024, an annual consumer electronics trade show, in Las Vegas, Nevada, on Jan. 10, 2024.Steve Marcus | ReutersQualcomm reported fiscal second-quarter earnings on Wednesday that...
Court finds Apple, executive lied under oath in Epic Games trial
Customers walk past an Apple logo inside of an Apple store at Grand Central Station in New York on Aug 1, 2018.Lucas Jackson | ReutersApple willfully violated a 2021 injunction that came out of the Epic Games case, Judge Yvonne Gonzalez Rogers said in a court filing...
Exinity UK posts Revenues of £1.8M (-14%) and Profit of £343K (+61%) in 2024
Exinity UK Limited, the FCA regulated arm of brokerage umbrella group Exinity, has reported its financial results for 2024 indicating a slight decline in Revenues but an increase in profitability in 2024. Revenues at Exinity UK came in at £1.8 million in 2024, down by...
When Everything Costs More, What Do I Do?
This post is an adaptation of YNAB's fan-favorite newsletter, Loose Change.It has been impossible to escape the escalating uncertainty of the tariffs. I called my HVAC guy late on a Friday afternoon because we’ve got a renovation in motion. Would tariffs affect the...
Meta says China retailers are reducing digital ad spend
This photo illustration created on Jan. 7, 2025, in Washington, D.C., shows an image of Mark Zuckerberg, CEO of Meta, and an image of the Meta logo.Drew Angerer | AFP | Getty ImagesChinese online retailers have cut back their spending on Facebook and Instagram ads in...
Trump calls China ‘chief-ripper-offer’ on trade
US President Donald Trump speaks during a cabinet meeting in the Cabinet Room of the White House in Washington, DC, on April 30, 2025. Jim Watson | Afp | Getty ImagesPresident Donald Trump on Wednesday called China the leading candidate for the "chief-ripper-offer" on...
Exclusive: Former ADSS / Saxo exec Jamieson Blake launches Level 26
FNG Exclusive… FNG has learned that longtime FX and CFDs industry executive Jamieson Blake has launched a new fintech consultancy called Level 26. Jamieson describes Level 26 (website lvl26.biz) as a strategic consultancy purpose-built for early-stage SaaS businesses...
If you’ve lived through these experiences, you’re more successful in life than the average person (according to psychologists)
Success is so much more than a hefty paycheck and a corner office. It’s about resilience, balance, and personal growth. Psychologists suggest that certain life experiences can make us more successful than the average person. What are these experiences you ask? Well,...
Microsoft passed its first test on U.S. tariffs with limited exposure
Microsoft CEO Satya Nadella speaks during an event commemorating the 50th anniversary of the company at Microsoft headquarters in Redmond, Washington, on April 4, 2025. Microsoft Corp., determined to hold its ground in artificial intelligence, will soon let consumers...
7 subtle signs someone isn’t actually a nice person, according to psychology
We’ve all met them – those folks who seem incredibly charming and friendly at first glance, but leave a whiff of uncertainty in their wake. Is it just you, or is there something not quite right beneath that polished exterior? Now, I’m not one to judge a book by its...
5-Day Early Refund Option: What to Know
Fast access to your tax refund is important. Our up to 5-day early refund option has become a favorite among TurboTax customers who want to get their money sooner. We’ve reviewed feedback related to the 5-day early refund and want to address common questions about...
Banks’ rate transmission accelerates on RBI liquidity surge; MPC likely to hold in June, ET BFSI
RBIIndia's monetary policy transmission is accelerating on the back of the RBI’s liquidity support and an accommodative stance, with market rates already reflecting effective easing even as the Monetary Policy Committee (MPC) is likely to hold rates in June.According...
FX option expiries for 1 May 10am New York cut
There are a couple to take note of on the day, as highlighted in bold.The first ones are for EUR/USD, layered in between 1.1250 through to 1.1330. The expiries don't tie in to any technical significance but could play a part in limiting price action, especially to the...
Tesla shares fall on report that company’s board seeks new CEO to replace Elon Musk
Tesla CEO Elon Musk walks to board Air Force One with U.S. President Donald Trump (not pictured) as they depart for Philadelphia, Pennsylvania, from Morristown Municipal Airport in Morristown, New Jersey, U.S., March 22, 2025. Nathan Howard | ReutersShares...
McDonald’s (MCD) Q1 2025 earnings
The logo of McDonald's (MCD) is seen in Los Angeles, California.Lucy Nicholson | ReutersMcDonald's is expected to report its first-quarter earnings before the bell on Thursday.Here's what Wall Street analysts surveyed by LSEG are expecting the company to...
U.S. and Ukraine sign landmark minerals deal
Earth and minerals are loaded onto trucks at an open-pit mine near the frontline, despite the threat of bombing by Russian invading forces on February 26, 2025 in Donetsk Region, Ukraine.Pierre Crom | Getty Images News | Getty ImagesThe U.S. and Ukraine have signed a...
United Fintech hires Virgin Media O2 exec Deepak Nair as COO
Broker and bank technology provider United Fintech has announced that it has appointed Deepak Nair as Chief Operating Officer (COO), joining the company’s Executive Leadership Team. In this pivotal role, Deepak will lead the development and execution of United...
Trump India trade deal moving ‘as fast as possible’: Navarro
President Donald Trump's top trade advisor Peter Navarro said Wednesday that the White House is moving in "Trump time" as they negotiate a tariff deal with India, "which is to say, as fast as possible.""In Indian democracy, it's got to go through the prime minister...
Elon Musk goodbye Trump Cabinet, claims DOGE saved $160 billion
Tesla CEO Elon Musk reacts while wearing a cap with the words "Gulf of America" as he attends a cabinet meeting held by U.S. President Donald Trump at the White House in Washington, D.C., U.S., April 30, 2025. Evelyn Hockstein | ReutersDOGE chief Elon Musk claimed...
Nvidia CEO Jensen Huang says China ‘not behind’ in AI
Nvidia CEO Jensen Huang said Wednesday that China is "not behind" in artificial intelligence, and that Huawei is "one of the most formidable technology companies in the world."Speaking to reporters at a tech conference in Washington, D.C., Huang said China may be...
Ford CEO says Trump’s tariff changes are helpful, but still not enough
Ford Motor CEO Jim Farley speaks during a launch event for the 2025 Ford Expedition in Louisville, Kentucky, on April 30, 2025.Michael Wayland | CNBCLOUISVILLE, Kentucky – President Donald Trump's reprieve for automotive parts tariffs is helpful, but more changes are...
What is a High Yield Savings Account?
At YNAB, we love savings accounts. There, I said it.YNAB is known for being more than a little different from other money apps and we’re proud of that reputation! We’re the one that people get excited—sometimes maybe too excited!—to recommend to their friends and...
Trump-Bezos call sets stage for tense earnings report from Amazon
Mark Zuckerberg, CEO of Meta Platforms Inc.; from left, Lauren Sanchez; Jeff Bezos, founder of Amazon.com Inc.; Sundar Pichai, CEO of Alphabet Inc.; and Elon Musk, CEO of Tesla Inc., during the 60th presidential inauguration in the rotunda of the U.S. Capitol in...
Stripe expands Radar for ACH and SEPA payments
Today, programmable financial services company Stripe announced an expansion of Radar, Stripe’s AI-powered fraud prevention product, for ACH and SEPA payments. Radar assesses more than 1,000 characteristics of a potential transaction in order to determine, in less...
RFK Jr. cuts jobs at minority health offices at HHS
Employees of the Department of Health and Human Services (HHS) stand outside the Mary E. Switzer Memorial Building, after it was reported that the Trump administration fired staff at the Centers for Disease Control and Prevention and at the Food and Drug...
Meta Q1 earnings report 2025
Mark Zuckerberg, CEO of Meta Platforms, during the Meta Connect event in Menlo Park, California, on Sept. 25, 2024.David Paul Morris | Bloomberg | Getty ImagesMeta is set to report its first-quarter earnings on Wednesday, and investors will be looking for any signs...
LME forges ahead with plans to modernise market structure to enhance liquidity
The London Metal Exchange (LME) today announced the steps that will follow from the measures outlined in its September 2024 White Paper on Enhancing Liquidity. Phase 1 changes will be spread across 2025 and the first half of 2026, with further changes to be considered...
Trump trade advisor Navarro brushes off U.S. GDP drop
White House trade advisor Peter Navarro brushed off concerns Wednesday about the unexpected drop in U.S. gross domestic product last quarter, saying, 'We really like where we're at now," and pointing to a surge in new domestic investment."I got to say just one thing...
Microsoft (MSFT) Q3 earnings report 2025
Microsoft CEO Satya Nadella speaks at an event commemorating the 50th anniversary of the company at Microsoft headquarters in Redmond, Washington, on April 4, 2025.David RyderMicrosoft is set to report fiscal third-quarter results after market close on...
Tradeweb registers 24.7% Y/Y increase in revenues in Q1 2025
Tradeweb Markets Inc. (NASDAQ:TW), a global operator of electronic marketplaces for rates, credit, equities and money markets, today reported financial results for the quarter ended March 31, 2025. Revenues for the first quarter of 2025 amounted to $509.7 million, an...
Japanese Yen Edges Lower as Weak Data Dampens Confidence :: InvestMacro
By RoboForex Analytical Department The USD/JPY pair is rising cautiously for a second consecutive day, reaching 142.48, as a string of underwhelming economic figures from Japan weighs on market sentiment.Key factors driving USD/JPY MovementMarch’s economic data...
7 things self-confident people do in public without ever feeling self-conscious, according to psychology
Confidence isn’t just about feeling good in your own skin. It’s about embracing your strengths, accepting your weaknesses, and navigating through life’s ups and downs with a sense of calm and poise. It’s not about being flawless, but rather being aware of your flaws...
GE HealthCare beats earnings, slashes outlook due to tariffs
GE HealthCare reported better-than-expected first-quarter results on Wednesday, but the company slashed its annual forecast to account for the impact of President Donald Trump's far-reaching reciprocal tariff policy.Shares of GE HealthCare were up 3% Wednesday.Here's...
Dollar General stock performance among best of Trump’s first 100 days
The Dollar General in Snow Hill, Maryland on April 2, 2024.Deb Lindsey | The Washington Post | Getty ImagesDollar General is among the best-performing stocks in the first 100 days of President Donald Trump's second term.Since Trump's Jan. 20 inauguration, shares of...
Wall Street is anticipating Tim Cook’s first comments on tariffs
Apple CEO Tim Cook poses as Apple holds an event at the Steve Jobs Theater on its campus in Cupertino, California, on Sept. 9, 2024.Manuel Orbegozo | ReutersThe most anticipated part of Apple's Thursday earnings won't be iPhone sales or Mac forecasts – it'll be CEO...
Cboe Canada welcomes Harvest ETFs as newest ETF issuer
Cboe Canada Inc. today welcomed Harvest Portfolios Group Inc. (“Harvest ETFs”) for their inaugural ETF launch on Cboe Canada. The Harvest Bitcoin Enhanced Income ETF and Harvest Bitcoin Leaders Enhanced Income ETF and provide exposure to bitcoin and operators within...
Snap sinks 15% after withholding guidance, citing ad concerns
Evan Spiegel, CEO of Snap Inc., speaks onstage during the Snap Partner Summit 2023 at Barker Hangar on April 19, 2023 in Santa Monica, California. Joe Scarnici | Getty Images Entertainment | Getty ImagesSnap shares fell more than 15% Wednesday after the social media...
Trump blames Biden for GDP dip, defends tariffs, says ‘BE PATIENT!’
U.S. President Donald Trump speaks during a rally to mark his 100th day in office, at Macomb Community College in Warren, Michigan, U.S., April 29, 2025. Evelyn Hockstein | ReutersPresident Donald Trump on Wednesday blamed his predecessor and defended his sweeping...
Inflation in Australia continues to decline. China’s PMI data disappointed investors :: InvestMacro
The Dow Jones Index (US30) gained 0.75% on Tuesday. The S&P 500 Index (US500) increased by 0.58%. The Nasdaq Technology Index (US100) was up 0.61%. Stocks headed higher on Tuesday after weaker-than-expected reports on US job openings and consumer confidence...
The Evolution of Cryptocurrency: From Bitcoin to DeFi
Cryptocurrency has redefined the way businesses and individuals perceive money, finance, and digital ownership. What began as a niche experiment in digital cash has grown into a global ecosystem, offering new opportunities for enterprises, investors, and developers....
Crypto.com partners with Green Dot to offer new banking and money management tools
Crypto.com and Green Dot Corporation (NYSE:GDOT) are partnering to offer new banking and money management tools and features to Crypto.com’s U.S. customers. Crypto.com will leverage Green Dot’s embedded finance platform, Arc, as an on-ramp and off-ramp for customers’...
NFTs Explained: What Are Non-Fungible Tokens and Why Do They Matter?
NFT DevelopmentNon-fungible tokens, or NFTs, have become a buzzword in the digital world, capturing the attention of artists, businesses, collectors, and investors alike. But what exactly are NFTs, how do they work, and why should businesses and entrepreneurs care?...
State Street appoints John F. Woods as CFO
State Street Corporation (NYSE:STT) announced today that it has appointed John F. Woods to Chief Financial Officer. Woods, who will join State Street in late August, succeeds Mark Keating who has served as interim CFO since February. Upon joining State Street, Woods...
RBI rate cuts to impact key profitability indicator of banks: Crisil, ET BFSI
The Reserve Bank's rate cuts will lead to an up to 0.20 per cent slip in return on assets, a key profitability indicator, for banks in FY26, a domestic rating agency said on Wednesday. Crisil Ratings said the RoA will contract by 0.10-0.20 per cent to 1.1-1.2 per cent...
Fitch updates Marex’s outlook to positive
Fitch Ratings has revised the outlook of Marex Group plc’s Long-Term Issuer Default Rating (IDR) to positive from stable, and has affirmed its Long-Term IDR at ‘BBB-’. The revision of the outlook reflects Marex’s strong and growing earnings across variable market...
Yum Brands (YUM) Q1 2025 earnings
A Pizza Hut store is seen on November 01, 2023 in Austin, Texas. Pizza Hut's third-quarter revenue fell short of analysts' expectations for same-store sales. Brandon Bell | Getty ImagesYum Brands on Wednesday reported mixed quarterly results as Pizza Hut's same-store...
Etsy earnings Q1 2025
Gabby Jones | Bloomberg | Getty ImagesEtsy shares jumped in premarket trading on Wednesday after the company posted better-than-expected revenue for the first quarter.Here's how the company did:Revenue: $651.2 million vs. $643 million, according to LSEGLoss: Loss per...
What Is Gigachad (GIGA) and How Can You Trade It?
The memecoin space is evolving continuously and has become a harbor for many vibrant projects. You can notice many unique tokens that have arrived in the crypto landscape after the success of Dogecoin. The unique approach of blending community spirit and the meme...
FCA cancels Swift Pay Gate Solutions Limited registration as Small Payment Institution
The UK Financial Conduct Authority (FCA) has issued a final notice canceling Swift Pay Gate Solutions Limited’s registration as a Small Payment Institution (SPI) under the Payment Services Regulations 2017 (PSRs). The Authority considers that: The firm is no longer...
Super Micro shares dive after server maker issues weak preliminary financials
Super Micro Computer CEO Charles Liang at the Computex conference in Taipei, Taiwan, on June 5, 2024.Annabelle Chih | Bloomberg | Getty ImagesSuper Micro shares plunged as much as 19% on Tuesday after the server maker announced preliminary results for the fiscal third...
GLP-1s can help employers lower medical costs in 2 years: study
Packages of weight loss drugs Wegovy, Ozempic and Mounjaro.Picture Alliance | Getty ImagesThe growing demand for diabetes and weight loss drugs like Mounjaro, Ozempic and Wegovy has helped fuel higher health costs for large employers. For many, the big question is...
GAIN Capital looks for people with knowledge of PrimeTrade FX
GAIN Capital continues to defend itself in a patent infringement lawsuit brought by OANDA. On April 29, 2025, GAIN submitted a letter at the New Jersey District Court requesting leave of Court to serve a subpoena for the deposition of non-party witness Mr. Ken Ford,...
Microsoft says it respects European laws as U.S.-EU tensions heat up
Microsoft President Brad Smith speaks during signing ceremony of cooperation agreement between the Polish Ministry of Defence and Microsoft, in Warsaw, Poland, February 17, 2025.Kacper Pempel | ReutersMicrosoft President Brad Smith says the U.S. tech giant is...
Gender pay gap persists in GCCs; women earn less across levels, says study, ET BFSI
Contractual male employees get 4.4% more pay than women at entry-level positions in technology global capability centers (GCCs) in India, widening to 6% and 16.3% at mid and senior-level roles respectively, showed a study by TeamLease Digital, a specialised staffing...
Snap Q1 earnings report 2025
Snap CEO Evan Spiegel speaks during the Semafor World Economy Summit 2025 at Conrad Washington in Washington, D.C., on April 23, 2025.Kayla Bartkowski | Getty ImagesSnap reported better-than-expected first-quarter revenue Tuesday but declined to provide guidance,...
XM.com CEO Costas Cleanthous acquiring control of Cyprus bank Ancoria
News sources in Cyprus led by InBusinessNews and Cyprus Business News are reporting that Costas Cleanthous, the co-founder and CEO of Retail FX and CFDs broker XM.com, is acquiring a majority stake in Accoria Bank, one of Cyprus largest banks. Cyprus’ banking sector...
Lars Klingbeil to become German vice chancellor, finance minister: SDP
Federal SPD Chairman Lars Klingbeil speaks in Trier.Photo by Harald Tittel/picture alliance via Getty ImagesThe Social Democratic Party's Lars Klingbeil has been tapped to become Germany's next finance minister in the incoming centrist coalition government, replacing...
Waymo, Toyota partner to bring self-driving tech to personal vehicles
A Waymo self-driving car, seen with a driver, stops at a red light outside the U.S. Capitol in Washington, D.C., on Friday, March 31, 2025.Bill Clark | CQ-Roll Call, Inc. | Getty ImagesAlphabet-owned Waymo and Toyota on Tuesday announced a preliminary partnership to...
HK regulator proceeds with position limit increases for key stock index derivatives
The Securities and Futures Commission (SFC) of Hong Kong today published consultation conclusions on the proposed increases of position limits for exchange-traded derivatives based on the three major stock indices in Hong Kong. Under the proposal, the position limits...
Satya Nadella says as much as 30% of Microsoft code is written by AI
Facebook's CEO Mark Zuckerberg (L) speaks with Microsoft's CEO Satya Nadella after posing for a family picture with guests who attend the "Tech for Good" Summit at the Elysee Palace in Paris, on May 23, 2018.Charles Platiau | AFP | Getty ImagesMicrosoft CEO Satya...
What the new ATM withdrawal charges mean for customers, banks, ET BFSI
From May 1, 2025, withdrawing cash from ATMs beyond the free monthly limit will cost more, following the Reserve Bank of India’s decision to allow banks to raise charges. The hike is part of the regulator’s phased approach to account for rising operational costs....
Oddity Tech (ODD) earnings Q1 2025
As the retail industry braces for profits to take a hit from tariffs, Oddity Tech is bucking the trend and raising its outlook after another quarter of outsized growth, the company said Tuesday. The beauty and tech retailer behind Il Makiage and Spoiled Child hiked...
7 types of people you should stop wasting time and energy on, according to psychology
We’re often told that the people we surround ourselves with have a significant impact on our lives. Spend time with those who lift you up, they say, and avoid those who bring you down. But what if identifying these energy-drainers isn’t as straightforward as it seems?...
UK risks losing ground to rival fintech and crypto hubs, execs say
Workers cross a junction near the Bank of England (BOE) in the City of London, UK, on Tuesday, April 8, 2025. Bloomberg | Bloomberg | Getty ImagesLONDON — Britain is at risk of losing budding fintech and cryptocurrency entrepreneurs to rival hubs if it doesn't address...
Traders Trust COO Todor Georgiev leaves to launch prop trading firm Funded7
FNG has learned that longtime FX and CFDs industry executive Todor Georgiev has left his role as Chief Operations Officer (COO) at CySEC licensed retail broker Traders Trust, to launch a new prop trading brand called Funded7. Todor Georgiev was hired as COO of Traders...
If you’ve accomplished these 7 things in life, you’re in the 1% of achievers in life
Here’s the thing. There’s a difference between just living life and truly achieving in it. The difference? It all comes down to milestones. Those special moments or accomplishments that set you apart from the rest, placing you in the elite 1% of achievers in life. You...
RBI has room for more rate cuts, but with caution, says rate panel member, ET BFSI
India has room for more rate cuts, given the cooling inflation rate and elevated uncertainties around growth, but any further policy easing should be calibrated and done with caution, an external member of the country's rate-setting panel said late on Tuesday."Going...
Gold investment hits three-year high in first quarter on trade turmoil, WGC says, ET BFSI
Global gold demand including over-the-counter (OTC) trading rose by 1% year-on-year to 1,206 metric tons in the first quarter of 2025 as investment jumped 170%, the World Gold Council said on Wednesday. Spot gold prices are up 26% so far this year and have hit...
FX option expiries for 30 April 10am New York cut
There are a couple to take note of on the board for today, as highlighted in bold.The first one is for EUR/USD at 1.1390 and that rests in between the key hourly moving averages of 1.1372 and 1.1401 at the moment. The expiries could help to lock in price action before...
Samsung flags uncertain economic climate after smartphone, chip sales power quarterly results beat
Photo illustration showing the Samsung Group company logo displayed on a smartphone screen.Sopa Images | Lightrocket | Getty ImagesSamsung Electronics' operating profit and revenue beat analysts' estimates Wednesday, as sales of its flagship smartphones as well as...
Trump signs order easing some auto tariffs
Autoworkers at Nissan's Smyrna Vehicle Assembly Plant in Tennessee, June 6, 2022. The plant employs thousands of people and produces a variety of vehicles, including the Leaf EV and Rogue crossover.Michael Wayland / CNBCDETROIT — President Donald Trump on Tuesday...
Trump’s first 100 days in photos
There is one thing President Donald Trump's fans and foes can both agree on: A lot has happened over the past 100 days.The Republican president kicked off his nonconsecutive second term on Jan. 20 with a promise to usher in "the golden age of America."He has wasted no...
Starbucks (SBUX) Q2 2025 earnings
A pedestrian holds a Starbucks cup in Sacramento, California, on April 28, 2025.David Paul Morris | Bloomberg | Getty ImagesStarbucks is expected to report its fiscal second-quarter earnings after the bell on Tuesday.Here's what Wall Street analysts surveyed by LSEG...
OANDA expands its investment offering in the EU to include ETFs
Multi-asset trading services provider OANDA is expanding its investment offering in the EU to include Exchange Traded Funds (ETFs). This move provides the company’s clients with even more opportunities for effective investment portfolio diversification. ETFs are...
Standard Chartered appoints Noelle Eder as Group Head, Technology and Operations
Standard Chartered today announced the appointment of Noelle Eder as Group Head, Technology & Operations, subject to regulatory approval. Ms Eder will be reporting to Group Chief Executive, Bill Winters, and will be based in Singapore. Noelle Eder joins from The...
Why Lennar is betting on Base, which is building home backup batteries
In a warming world with increasingly extreme weather events, homeowners are turning to backup batteries for relief and peace of mind. But the backup only lasts only so long, and there's a bigger problem at play: aging power grids.Enter the virtual power plant, managed...
Commerce Secretary Lutnick says one trade deal is done, but waiting on approval from unnamed country’s leaders
U.S. Commerce Secretary Howard Lutnick speaks to members of the media near the White House in Washington, D.C., U.S., March 13, 2025.Nathan Howard | ReutersCommerce Secretary Howard Lutnick on Tuesday teased that the Trump administration has reached its first trade...
SIX launches SIX Fixed Income Data
Global financial data and market infrastructure provider SIX launched SIX Fixed Income Data today. The new data offering delivers industry leading coverage of pricing, reference data, corporate actions, and underlying source documents for the global fixed income...
SpaceX loses bid to control beach access near Texas launch facility
SpaceX's mega rocket Starship booster returns to the launch pad during a test flight from Starbase in Boca Chica, Texas, Thursday, Jan. 16, 2025.Eric Gay | APAs SpaceX awaits the results of a critical election that would turn the location of its Starbase launch site...
JetBlue to partner with a U.S. airline in coming weeks, president says
JetBlue Airways ranked no. 1 in customer satisfaction for best in first and business class.Aaronp/bauer-griffin | Gc Images | Getty ImagesJetBlue Airways is getting ready to announce a partnership with another U.S. airline with a larger network in the coming weeks,...
Trump White House ‘very close’ to India trade deal: Bessent
US Secretary of Treasury Scott Bessent speaks during the daily briefing in the Brady Briefing Room of the White House in Washington, DC, on April 29, 2025.Mandel Ngan | Afp | Getty ImagesTreasury Secretary Scott Bessent said Tuesday that the U.S. could be closing in...
Shift4 surges 11% on earnings beat as fintech stocks pop
Jared Isaacman, CEO of Shift4 Payments, at the New York Stock Exchange on June 3, 2021.Source: NYSEFintech stocks were in focus Tuesday as fresh earnings reports and analyst notes drove sharp reactions across the sector.Shift4 Payments and Upstart Holdings surged...
Exclusive: Zarvista BizDev head Christiana Lazaridou joins EC Markets
FNG Exclusive… FNG has learned that Retail FX and CFDs broker EC Markets has hired Cyprus based executive Christiana Lazaridou, as Growth and Partnerships Manager. Christiana Lazaridou spent the past year with Zarvista Capital Markets (formerly known as ZaraFX),...
Trump tariff uncertainty is deterring U.S. investment
Albert Bourla, chairman and CEO of Pfizer, speaks at The Wall Street Journal’s Future of Everything Festival in New York City, U.S., May 22, 2024. Andrew Kelly | ReutersPfizer CEO Albert Bourla on Tuesday said uncertainty around President Donald Trump's planned...
UK announces draft rules for crypto industry, US collaboration
Romain Costaseca | Afp | Getty ImagesLONDON — Britain on Tuesday published draft legislation for the cryptocurrency industry, touting greater collaboration with the U.S. as it looks to regulate the wild world of digital assets.Speaking at a fintech event Tuesday, U.K....
Cboe Futures Exchange begins to offer trading in Cboe FTSE Bitcoin Index Futures
Cboe Global Markets, Inc. announced it has begun to offer trading in its new Cboe FTSE Bitcoin Index futures. These new cash-settled futures, based on the FTSE Bitcoin Reduced Value Index (Ticker: XBTF), are the latest addition to Cboe’s growing suite of digital asset...
XTB sees record Revenues of $155M but flat Profit in Q1 2025
Following a somewhat subdued Q4 2024, Poland based Retail FX and CFDs broker XTB (WSE:XTB) has reported its preliminary results for Q1 2025, indicating record Revenues and new client acquisitions, although higher costs kept Net Profit at roughly the same level as Q4....
Meta launches standalone AI app to take on ChatGPT
Meta CEO Mark Zuckerberg makes a keynote speech during the Meta Connect annual event, at the company's headquarters in Menlo Park, California, on Sept. 25, 2024.Manuel Orbegozo | ReutersMeta Platforms is launching a stand-alone artificial intelligence app and going...
The Pound Defies Market Pressures :: InvestMacro
By RoboForex Analytical Department The British pound has reached another three-year peak against the US dollar, stabilising around 1.3400.Key factors driving GBP/USD strengthSterling is closing April with its strongest monthly performance since November 2023, gaining...
Amazon considers displaying tariff surcharge on low-cost Haul products
Packages with the logo of Amazon are transported at a packing station of a redistribution center of Amazon in Horn-Bad Meinberg, western Germany, on Dec. 9, 2024.Ina Fassbender | Afp | Getty ImagesAmazon is considering showing a tariff surcharge on items sold via its...
Couples who often post about each other on social media are more likely to break up than those who don’t, psychology suggests
Here’s a thought. You’re scrolling through your social media feed, and there it is, yet another picture-perfect post of your friend with their partner. The lovely couple against the sunset, heart emojis galore, and the sweetest caption to go with it. Now, I don’t mean...
FIS launches next-generation enterprise treasury platform
FIS (NYSE:FIS) today announced the launch of its next-generation enterprise treasury platform, Treasury and Risk Manager – Quantum Cloud Edition. This cloud-native solution can support increased workloads, larger transaction volumes, and increased enterprise...
WTI oil prices continue to decline. The Canadian dollar weakened amid the federal elections :: InvestMacro
At the end of Monday, the Dow Jones Index (US30) rose by 0.28%. The S&P 500 Index (US500) gained 0.06%. The Nasdaq Technology Index (US100) was down 0.09%. Wall Street is gearing up for a busy week of important earnings releases and crucial economic data. Key GDP,...
How to Create a Crypto Wallet: Step-by-Step Guide for 2025
Create a Crypto WalletCryptocurrencies are rapidly gaining traction in global finance, and the demand for secure, intuitive crypto wallets is higher than ever. For businesses and entrepreneurs, understanding how to create a crypto wallet is essential for tapping into...
White House blasts Amazon over tariff cost report: ‘Hostile and political act’
The White House on Tuesday slammed Amazon for reportedly planning to display the cost of President Donald Trump's tariffs next to the total price of products on its site."This is hostile and political act by Amazon," White House press secretary Karoline Leavitt told...
United Airlines grows highest-end Polaris airport lounge by 50%
United Airlines Polaris lounge in ChicagoUnited AirlinesUnited Airlines' top-tier airport lounge reopened in Chicago on Tuesday, featuring a 50% larger space and Crate & Barrel furnishings as carriers' battle for higher-spending customers becomes more crucial.The...
TradingView warns of fake TradingView YouTube channels spreading malware
The TradingView community has recently been targeted by a sophisticated wave of scams involving fake YouTube channels impersonating TradingView. These scams are not only undermining the trust in our brand, but also putting users’ cryptocurrency wallets and personal...
RBI ask banks to ensure Rs 100, Rs 200 notes dispense from ATMs, ET BFSI
The Reserve Bank of India (RBI) asked banks to ensure that ATMs dispense Rs 100 or Rs 200 denomination notes to enhance the availability of these currency notes to the public. Banks and White Label ATM Operators (WLAOs) have to implement the direction in a phased...
Novo Nordisk opens Wegovy to telehealth in push for new patients
The "Wegovy" brand slimming syringe is sold in the Achat pharmacy in Mitte. The "Wegovy" slimming syringe has been available in Germany for a year.Jens Kalaene | Picture Alliance | Getty ImagesNovo Nordisk on Tuesday said it will offer its weight loss drug Wegovy...
Understanding Blockchain Technology: How It Powers the Crypto World
Blockchain technology has become the backbone of the modern cryptocurrency ecosystem, driving innovation and new business models across industries. For businesses and clients exploring Blockchain development, understanding how this technology works-and why it is...
Venmo revenue grows as PayPal’s monetization push gains traction
Justin Sullivan | Getty ImagesVenmo, long a centerpiece of PayPal's growth story but often criticized for its lack of monetization, is becoming a bigger contributor to the business.PayPal said Tuesday in its first-quarter earnings release that revenue at Venmo...
Pfizer (PFE) earnings Q1 2025
The Pfizer logo is seen outside the pharmaceutical company’s manufacturing plant, in Newbridge, Ireland February 10, 2025. Clodagh Kilcoyne | ReutersPfizer on Tuesday expanded its cost-cutting efforts and reported first-quarter profit that topped estimates, even as...
Fred Pedersen (re)joins Your Bourse as CGO
Something of a reunion is happening at MT4 / MT5 broker technology provider Your Bourse, with the second C-Suite level executive rejoining the company following a several years hiatus. FNG has learned that Tallinn, Estonia based executive Fred Pedersen has (re)joined...
Low labour productivity and gaps in high-tech infrastructure holding back India’s export potential: Report, ET BFSI
On the manufacturing front, India's Purchasing Managers' Index (PMI) continues to lead among key Asian economies, reflecting resilience and strong momentum.Despite becoming the world's fifth-largest economy, India is yet to tap into its full export potential,...
PayPal (PYPL) Q1 earnings
CEO of PayPal Alex Chriss speaks during the Semafor 2025 World Economy Summit at Conrad Washington on April 24, 2025 in Washington, DC. Alex Wong | Getty ImagesPayPal reported better-than-expected earnings for the first quarter, but the company missed on revenue and...
SoFi CEO says fintech bank is bringing back crypto investing
Anthony Noto, CEO of SoFi.Adam Jeffery | CNBCSoFi CEO Anthony Noto said the fintech bank will bring back cryptocurrency investing after a "fundamental shift" in the regulatory landscape under the Trump administration.SoFi was forced to drop crypto investing in late...
Bitpanda becomes the Main Sponsor of FC Basel
Vienna, Austria based crypto exchange operator Bitpanda has announced that it has become the Main Sponsor of Swiss football club FC Basel, signing a three-year agreement with the 20-time champions of the Swiss Super League. Bitpanda will make its debut on the front of...
Ind-Ra, BFSI News, ET BFSI
New Delhi, India Ratings and Research (Ind-Ra) on Tuesday said reciprocal tariffs will exacerbate stress for medium, small and micro enterprises (MSMEs) but mid-sized corporates have a greater cushion against unanticipated financial shocks. With the worsening of...
Alleged DHS Sec. Kristi Noem thief hit with federal charges
Kristi Noem, Homeland Security Secretary, during a meeting with US President Donald Trump and Nayib Bukele, El Salvador's president, in the Oval Office of the White House in Washington, DC, US, on Monday, April 14, 2025. Al Drago | The Washington Post | Getty ImagesA...
Exclusive: Michael Going joins APM Capital (ex BUX UK)
FNG Exclusive… FNG has learned that experienced FX industry executive Michael Going has joined APM Capital Markets, to help with the launch of the company’s UK entity, as Sales and Service lead. Michael Going spent the past year in sales at institutional multi-asset...
Microsoft says U.S. can’t risk losing quantum computer lead to China
Microsoft President Brad Smith speaks during signing ceremony of cooperation agreement between the Polish Ministry of Defence and Microsoft, in Warsaw, Poland, February 17, 2025.Kacper Pempel | ReutersThe U.S. cannot afford to fall behind China in the race to a...
As prices hit Rs 1 lakh, how much gold do Indians hold?, ET BFSI
India's affinity for gold is not just cultural—it's monumental. As of 2025, Indian households collectively possess an estimated 25,000 tonnes of gold, making them the largest private holders of the precious metal globally. This staggering amount surpasses the combined...
NXP Semi shares sink on tariff concerns, CEO Kurt Sievers to step down
Kurt Sievers, CEO of NXP Semiconductors, during the Federation of German Industries conference in Berlin, Germany, on June 19, 2023.Liesa Johannssen-Koppitz | Bloomberg | Getty ImagesNXP Semiconductors fell about 7% on Monday after the chip company announced CEO Kurt...
Singapore CFDs broker Phillip Nova deploys Integral across NDFs and FX swaps
Singapore-based multi-asset brokerage firm Phillip Nova has announced that it is expanding its partnership with Integral, a leading currency technology provider to the financial markets, to enhance its non-deliverable forward (NDF) and foreign exchange (FX) swap...
Trump investigates Harvard Law Review over race discrimination
People walk through Harvard Yard on the Harvard University campus in Cambridge, Massachussetts, on April 15, 2025.Joseph Prezioso | AFP | Getty ImagesThe Trump administration on Monday announced investigations into Harvard University and the Harvard Law Review after a...
Oracle engineers caused days-long software outage at U.S. hospitals
Larry Ellison, co-founder and executive chairman of Oracle Corp., speaks during the Oracle OpenWorld 2018 conference in San Francisco, California, U.S., on Monday, Oct. 22, 2018.David Paul Morris | Bloomberg | Getty ImagesOracle engineers mistakenly triggered a...
Bitcoin Analysis and Prediction Today
Bitcoin Analysis and Prediction for Today – Bullish Momentum, Key Levels, and Order Flow InsightsBitcoin futures (MBT Micro Bitcoin Futures) are trading at $95,640 today, slightly above the day's Volume Weighted Average Price (VWAP) of $95,600. Recent sophisticated...
India’s path to USD 8 trn economy faces challenges, but digital growth shows strong promise: Report, ET BFSI
Approximately 200 million workers migrate from poorer regions to more affluent states in search of employment.NEW DELHI: India is moving towards becoming an USD 8 trillion economy by 2035, but it faces several big challenges along the way, according to The Great...
Interactive Brokers enhances Advisor Portal
Electronic trading major Interactive Brokers continues to enhance its services, with Advisor Portal getting a set of improvements. The portal now includes a new Transaction History page under Performance and Reporting, allowing clients to view all their transactions...
Amazon launches first Kuiper satellites in bid to take on Starlink
A United Launch Alliance Atlas V rocket is on the launch pad carrying Amazon's Project Kuiper internet network satellites, which are expected to eventually rival Elon Musk's Starlink system, at the Cape Canaveral Space Force Station in Cape Canaveral, Florida, U.S.,...
White House names McNeill acting head of Transportation Security Administration
A Transportation Security Administration (TSA) agent's patch is seen as she helps travelers place their bags through the 3-D scanner at the Miami International Airport.Joe Raedle | Getty ImagesThe Trump administration has tapped a former White House official to serve...
7 behaviors that make a woman intolerable to be around, says psychology
It’s a fine line between being assertive and being intolerable. When it comes to behavior, things can get a bit complex, especially considering that we all have different tolerance thresholds. However, there are certain behaviors that most of us would find hard to...
RBI instructs all banks, financial companies, and other regulated entities to use PRAVAAH portal from 1st May, ET BFSI
The Reserve Bank of India (RBI) has given clear instructions that from May 1, 2025, all banks, financial companies, and other regulated entities must use the PRAVAAH portal to submit any applications for authorisations, licenses, and approvals.In an official statement...
Donald Trump Jr. co-founds private members club Executive Branch
A new private membership club in Washington, D.C., co-founded by Donald Trump Jr., is charging a $500,000 membership fee — and there's already a waiting list.The club, called Executive Branch, held a launch party on Saturday night that included at least a half dozen...
If you want to feel more respected as you get older, say goodbye to these 8 behaviors
As we age, we all want to command respect from our peers. Yet, it’s not as straightforward as just growing older and wiser. Actually, it’s about refining our actions and behaviors along the way. The truth is, some of our habits might be hindering us from gaining the...
Uber raises in-office requirement to 3 days, claws back remote workers
Uber on Monday informed employees, including some who had been previously approved for remote work, that it will require them to come to the office three days a week, CNBC has learned. "Even as the external environment remains dynamic, we're on solid footing, with a...
Crossover Markets hires AFX / Euronext FX alum Kevin Wolf as CFO
London based crypto tech and liquidity company Crossover Markets, operator of the CROSSx crypto ECN, has announced the appointment of Kevin Wolf as Chief Financial Officer (CFO). Kevin Wolf, a Crossover board member since June 2024, brings over 25 years of experience...
RBI’s move to inject liquidity seen as a positive for bond prices, ET BFSI
Mumbai, The Reserve Bank has decided to inject more liquidity into the banking system through the purchase of Government bonds for an aggregate amount of Rs 1.25 lakh crore in May. The move is also expected to prop up bond prices, which had declined due to a sell-off...
IAMAI announces the formation of Business Correspondent Forum of India, ET BFSI
The Internet and Mobile Association of India (IAMAI) announced the launch of the Business Correspondent Forum of India (BCFI) to advocate for Business Correspondents (BCs) and Customer Service Points (CSPs) across the country.As per the press statement, the forum aims...
FX option expiries for 29 April 10am New York cut
There aren't any major expiries to take note of on the day. As such, trading sentiment will continue to be driven by the same factors over the last two weeks. That being the overall risk mood and potential headline risks. For today though, the loonie is also going to...
Alibaba Qwen3 AI series — China’s latest open-source AI breakthrough
Qwen3 is Alibaba's debut into so-called "hybrid reasoning models," which it says combines traditional LLM capabilities with "advanced, dynamic reasoning."Sopa Images | Lightrocket | Getty ImagesAlibaba released the next generation of its open-sourced large language...
General Motors (GM) earnings Q1 2025
GMC trucks are displayed at Hanlees Hilltop GMC in Richmond, California, on Jan. 28, 2025.Justin Sullivan | Getty ImagesDETROIT — General Motors is set to report its first-quarter earnings before the bell Tuesday, but investors are more likely to focus on the...
European Union left reeling after Donald Trump’s first 100 days
European leaders have been left reeling after the first 100 days of U.S. President Donald Trump's second term saw increasing geopolitical and trade turmoil."It's unlike anything else we've seen before from the U.S. administration," European Union foreign policy chief...
Coinbase, Fabric Ventures, Animoca Brands, and Founders Factory launch UK Web3 Accelerator
Coinbase, Fabric Ventures, Animoca Brands and Founders Factory have launched a multi-million pound accelerator in the UK, set to transform the UK’s blockchain and AI ecosystem. This initiative aims to unlock product market fit and growth for the next generation of...
U.S. House panel proposes moving FTC antitrust work to DOJ in budget package
The U.S. Capitol building is seen on April 28, 2025 in Washington, DC. Kayla Bartkowski | Getty ImagesThe U.S. House of Representatives Judiciary Committee on Monday said it proposed transferring the Federal Trade Commission's antitrust work to the Department of...
Banco Santander in discussions with Erste Group Bank for sale of 49% stake in Santander Polska
Banco Santander, S.A. today noted the recent speculation regarding a potential transaction involving Santander Bank Polska, S.A. and confirmed that it has received interest from several parties and is currently in discussions with Erste Group Bank AG for the potential...
No Trump-Xi tariff talks underway, China says
U.S. President Donald Trump answers reporters' questions after exiting Marine One at the White House in Washington, D.C., U.S., April 27, 2025. Ken Cedeno | ReutersChina on Monday once again denied that it is in talks to resolve its tariff war with the United States,...
SEC charges former CFO of Location Ventures with participating in $93M fraud scheme
The Securities and Exchange Commission (SEC) has charged Daniel J. Motha, the former CFO, President, and board member of Location Ventures, LLC, with participating in an alleged $93 million real estate investment fraud alongside Rishi Kapoor, the founder and former...
Google increased CEO Sundar Pichai’s security costs by 22% in 2024
Google CEO Sundar Pichai, arrives for a US Senate bipartisan Artificial Intelligence (AI) Insight Forum at the US Capitol in Washington, DC, on September 13, 2023. (Photo by Mandel NGAN / AFP) (Photo by MANDEL NGAN/AFP via Getty Images)Mandel Ngan | AFP | Getty...
Elon Musk’s DOGE cuts may help Tesla, Neuralink avoid fines: memo
Elon Musk may skirt more than $2 billion in possible financial liabilities by exercising his influence over the federal government, a new report from Senate Democratic committee staffers out Monday alleges.Musk's 'Department of Government Efficiency' has brought...
Palantir is soaring while its tech peers are sinking. Here’s why
Alex Karp, chief executive officer of Palantir Technologies Inc., speaks during the AIPCon conference in Palo Alto, California, US, on March 13, 2025.David Paul Morris | Bloomberg | Getty ImagesTech stocks have struggled in 2025, as recession and trade war fears sap...
NFL Washington Commanders return to D.C. in $3.7 billion deal
A detail view of a Washington Commanders helmet on the field during a game against the Los Angeles Rams at SoFi Stadium on December 17, 2023 in Inglewood, California.Ric Tapia | Getty ImagesThe Washington Commanders are headed back to the District of Columbia.The NFL...
Deutsche Börse registers 6% Y/Y increase in revenues in Q1 2025
Deutsche Börse Group has just published its financial report for the first quarter of 2025. Net revenue rose by 6% to €1,507.0 million (Q1/2024: €1,427.3 million) in the first quarter of 2025. The treasury result, which primarily includes net interest income and...
Spotify paid over $100M to podcasts, including Joe Rogan, Alex Cooper
Pavlo Gonchar | Lightrocket | Getty ImagesSpotify said Monday it paid more than $100 million to podcast publishers and podcasters worldwide in the first quarter of 2025.The figure includes all creators on the platform across all formats and agreements, including the...
Wealthy consumers up spending while the rest of America cuts back
Shoppers walk through the King of Prussia Mall, as global markets brace for a hit to trade and growth caused by U.S. President Donald Trump's decision to impose import tariffs on dozens of countries, in King of Prussia, Pennsylvania, U.S., April 3, 2025.Rachel...
Mastercard introduces end-to-end capabilities to power stablecoin transactions
Mastercard is advancing the future of payments, finance and technology with new, global end-to-end stablecoin acceptance and payments capabilities. To allow consumers and businesses to use stablecoins as easily as the money in their bank accounts, Mastercard is...
Temu adds ‘import charges’ after Trump tariffs
Jaque Silva | Nurphoto | Getty ImagesChinese e-tailer Temu has started adding "import charges" of about 145% in response to President Donald Trump's tariffs.The fees, which began cropping up over the weekend after price hikes went into effect on Friday, cost more than...
Clearstream announces T2S settlement extension because of power outage
The power outage in parts of Western Europe has prompted Clearstream to extend the T2S EUR settlement. Electricity is out in parts of Spain, Portugal and France. Clearstream Banking informed its clients that due to an electrical outage in parts of Western Europe,...
60 Minutes reporter says none of us happy about top producer quitting
Scott Pelley attends the CBS Fall Schedule Celebration at Paramount Studios on May 02, 2024 in Los Angeles, California. Frazer Harrison | Wireimage | Getty Images"60 Minutes" correspondent Scott Pelley paid tribute Sunday to Bill Owens, the show's executive producer...
Palo Alto Networks to buy Protect AI to boost artificial intelligence tools
Palo Alto Networks signage displays on the screen at the Nasdaq Market in New York City, U.S., March 25, 2025. Jeenah Moon | ReutersPalo Alto Networks announced on Monday its intent to acquire Protect AI, a startup specializing in securing artificial intelligence and...
LSEG extends cloud partnership with AWS
LSEG today announced it has extended its multi-year collaboration with Amazon Web Services (AWS), naming AWS as the preferred cloud provider for its Markets, Risk Intelligence and FTSE Russell divisions. Today’s new agreement builds on the existing relationship...
8 hard lessons you learn when you finally stop begging to be chosen
When you stop chasing validation, you learn some harsh truths; when you stop begging to be the one picked, the world can seem a little colder, a little harsher. That’s the thing about self-reliance. But, oh boy, the lessons you learn—eight hard ones, to be exact. This...
Gold Under Pressure as Market Hopes for US-China Trade Progress :: InvestMacro
By RoboForex Analytical Department The price of gold fell on Monday, dropping to 3,290 USD per troy ounce amid easing market tensions.Key factors driving gold’s declineThe sell-off in the safe-haven asset was driven by reduced risk aversion, as trade tensions between...
GCEX sees Revenues up 64% in 2024 to £3.8M driven by Crypto CFDs trading
FX and digital assets institutional broker GCEX has released its 2024 financial results, indicating a rebound in Revenues following a disastrous “crypto winter” 2023 at the company. GCEX reported Revenues of £3.76 million in 2024, up by 64% from £2.30 million the...
Atlassian, Snowflake and Workday all bet on identity startup Veza
From left, Veza founders Rob Whitcher, Tarun Thakur and Maohua Lu.VezaTech giants like Google, Amazon, Microsoft and Nvidia have captured headlines in recent years for their massive investments in artificial intelligence startups like OpenAI and Anthropic.But when it...
Trade tensions remain in focus. ECB aims at further rate cuts :: InvestMacro
The Dow Jones Index (US30) gained 0.05% on Friday (+3.10% for the week). The S&P 500 Index (US500) gained 0.74% (for the week +5.59%). The Nasdaq Technology Index (US100) jumped 1.14% (for the week +7.82%). The US stocks closed higher on Friday, posting their...
IBM to boost U.S. computer manufacturing with $150 billion spend
Arvind Krishna, chief executive officer of International Business Machines Corp. (IBM), during a Bloomberg Television interview at the World Governments Summit in Dubai, United Arab Emirates, on Tuesday, Feb. 11, 2025. Christopher Pike | Bloomberg | Getty...
Fintech earnings focus concerns on tariffs, PayPal, Block, Affirm
FILE PHOTO: A smartphone with the PayPal logo is placed on a laptop in this illustration taken on July 14, 2021. Dado Ruvic | ReutersPayPal, Block and Affirm are all closely tied to the health of the consumer, which has investors on edge headed into their earnings...
CySEC reaches €20k settlement with ZFN EUROPE
The Cyprus Securities and Exchange Commission (CySEC) today announced a €20,000 settlement with ZFN EUROPE. CySEC, under article 37(4) of the Cyprus Securities and Exchange Commission Law of 2009, as amended has the power to reach a settlement for any violation or...
Putin announces 3-day ceasefire in May to mark 80 years since WW2 victory
Russian President Vladimir Putin visits a nuclear submarine base March 26, 2025, in Murmansk, Russia.Contributor | Getty Images News | Getty ImagesRussian President Vladimir Putin on Monday declared a three-day ceasefire in the war with Ukraine next month to mark the...
INFINOX partners with Polo in the Park London as Official Trading Partner of Zurich Team
Global trading solutions provider INFINOX has announced its cooperation with Sportgate International Ltd as the Official Trading Partner and Team Zurich Sponsor of the renowned Chestertons Polo in the Park event in London. This multi-year partnership places INFINOX at...
FSCS looks for valid claims against Campbell & Associates Independent Financial Advice
The UK Financial Services Compensation Scheme (FSCS) has published an update regarding Campbell & Associates Independent Financial Advice Ltd. Campbell & Associates is an FCA-regulated firm that is authorised to provide financial advice. FSCS has been working...
Meta’s AI spending comes into focus amid Trump’s tariff policies
Meta CEO Mark Zuckerberg looks on before the luncheon on the inauguration day of U.S. President Donald Trump's second Presidential term in Washington, U.S., Jan. 20, 2025. Evelyn Hockstein | ReutersMark Zuckerberg's plan is to make Meta the market leader in artificial...
