Latest News
Our news section is a meticulously compiled repository of the latest events, updates, and emerging trends spanning the dynamic industries of Liquidity, Forex, Cryptocurrency, and FinTech and serves as an informative platform for those seeking to keep up-to-date with the rapidly evolving landscapes of these sectors. This curated collection acts as a hub, capturing the pulse of these industries and ensuring our readers are always at the forefront of the latest developments.
7 Companies at Risk of Liquidity Squeeze: What You Should Know
Royal Caribbean Group (RCL) is an example. At the end of June, the cruise line had $5.5 billion in short-term debt but $2.1 billion in cash. Royal Caribbean recently issued $1.15 billion in convertible notes to cover some of its current debt, stretching the maturity date from 2023 to 2025. However, it has a higher interest rate - 6% vs. 4.25% and 2.875% for retired debt.
Companies
5 Signs That Bitcoin Has Hit Bottom
It has been a terrible year for Bitcoin, which lost more than half its value in 2022. However, some cryptocurrency investors are starting to question if the token could have struck a bottom, given that the price of the biggest digital asset has increased by approximately 20% since June.
Crypto
Why Inflation Slowed in July and What It Means for the Fed’s Work
Even if inflation continues at historically high levels, this represents a healthy step toward a cooling economy. While the Fed is unlikely to reverse its aggressive monetary policy tightening until a downward trend becomes clearer, markets reacted positively to the news, with investors anticipating that the central bank will not need to move more dramatically than expected when officials meet again in September.
Banks and Finance
Top 10 Stocks to Buy for a 2023 Recession
Citigroup has developed a screen of 30 stocks to help investors find opportunities in the second half of 2022 as the likelihood of a recession rises.
There are several options available. The top three choices were chipmaker Nvidia (NVDA), casino operator MGM Resorts International (MGM), and General Motors (GM).
Stocks
Alphabet, Baker Hughes, and More Stocks the Street Loves That Aren’t Too Pricey
Normally, investors must pay high prices to obtain high-quality equities, but this is not always the case. Barron's most recent investment screen, which looked for the most popular companies in the S&P 500 with big potential gains based on the average of analysts' price predictions, delivered a surprise. Six of the eight businesses we discovered had values that were comparable to or higher than the general market.
Stocks
Morning Brief: From Inflation, Investment in Crypto to Taiwan Semiconductor Manufacturing
This week's inflation figures could either boost or derail the market's summer momentum. Investors will get the most recent indication of how swiftly prices are growing across the US economy from three upcoming releases: PPI, CPI, and unit employment costs.
Banks and Finance
Bitcoin Is Rebounding. Here’s One Reason
After a rough year, Bitcoin prices have begun to recover in the last month, with small-scale investors pouring money into cryptocurrencies. Bitcoin prices increased by about 20% in July, reaching nearly $24,000 from under $20,000. Nonetheless, the biggest cryptocurrency has fallen two-thirds from its all-time peak in November 2021.
Crypto Discover
Coinbase and the SEC Are Facing Off. What’s at Stake
The industry has been grappling with the question of whether tokens should be classed as currencies, commodities, or securities. Some tokens, according to the SEC, most likely fit the definition of security. According to the SEC, Ripple – a payments network coin — is security, though Ripple Labs and the regulator are involved in a court dispute over this distinction.
Crypto
Twitter Wants to Force Musk to Buy It. But There’s a Hitch
When Elon Musk chose to back out of his $44 billion offer to buy Twitter, the social media giant filed a lawsuit in the Delaware Court of Chancery. Twitter has filed a lawsuit seeking "particular performance," an unusual remedy that would oblige Musk to finish the deal.
Companies
Intel Could Be Worth More Dead Than Alive. Why This Analyst Sees 50% Upside
"This quarter's performance fell below the expectations we had for the firm and our shareholders," stated Intel CEO Pat Gelsinger. "We must and will do better." The most significant reason was the unexpected and fast downturn in economic activity, but the shortfall also reflects our own execution difficulties."
Companies
People Need Food and Energy. This Stock Is a Play on Both
Orkla (ORK.Norway; ORKLY) is a Norwegian corporation that has businesses that produce both. The previous industrial behemoth turned itself into a consumer-goods corporation, with its primary food sector producing frozen pizza, sauces, and ready-to-eat meals accounting for around 37% of its 2021 sales. The heritage hydroelectric power plants are likewise owned by the Oslo-listed company.
Stocks
Bitcoin Soars, but Don’t Get Excited
Bitcoin and other cryptocurrencies rose on Thursday as investors re-invested in risky assets following the Federal Reserve's latest monetary policy decision. Analysts, however, do not believe this crypto rise has significant power and believe prices will likely plateau at present levels.
Crypto
China’s Video Game Market Is Shrinking as Regulators Crack Down
A combination of variables has resulted in the Chinese video gaming industry's first revenue and user falls in 14 years. According to analysts, the losses may prompt major firms such as Tencent Holdings and NetEase to expand further into international markets.
Banks and Finance
Coinbase Needs Congress to Save It From a Crackdown. Don’t Count on It
Congress is the only body that can prevent a crackdown by American law enforcement authorities on Coinbase Global Inc. (COIN) and other cryptocurrency companies. Still, it's becoming less likely that such relief will be provided anytime soon.
Crypto
Meta’s Earnings Are Wednesday. Wall Street Is Cutting Its Revenue Forecasts
The social media titan is still battling a less aggressive advertising market, competition from TikTok, and the continuing impacts of Apple's (AAPL) more aggressive approach to safeguarding iPhone users' privacy. In an effort to make its Facebook experience more like TikTok, Meta recently scaled back its employment goals and released a new version of its main Facebook experience.
Companies Discover
Ford Plans Up to 8,000 Job Cuts to Help Fund EV Investment
People who asked not to be named, revealing internal discussions, described the layoffs will be made in Ford Blue, the newly formed unit responsible for producing internal combustion engine vehicles, as well as other salaried positions across the corporation. Details of the plan have not yet been finalized, so they could change at any time.
Companies