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.
More Women Are Taking Charge of Their Finances
Paula Polito, a wealth management executive at UBS, has long advocated for women to take an active role in their financial lives and become "more financially smart," as she described it in a recent interview. However, nothing appeared to alter for years.
Banks and Finance
Amazon’s Deal With Grubhub Makes Life Tougher for Uber and DoorDash
A year ago, Just Eat Takeaway, based in Amsterdam, paid $7.3 billion to purchase the faltering American food delivery firm. That poorly timed arrangement, which was announced just as the meal delivery boom of the Covid period started to slow down, was a failure.
Companies
Dethrone Tesla? One Car Maker With a Shot
Many manufacturers have ambitious plans to overtake Tesla ( TSLA ). They need to have electric automobiles available to the market for that to happen. Based on forthcoming models, General Motors (GM) is one automaker that appears to have a chance of competing with Elon Musk's company.
Companies
Meta, Alphabet, and Other Internet Stocks Face a ‘Perfect Storm’ as Ad Spending Slows
Ad-supported internet equities have underperformed in 2022, harmed by a combination of Apple (AAPL) privacy law revisions for tracking iPhone users' actions, increased competition from TikTok, and a weaker consumer economy.
Stocks
Another Crypto Lender, Vauld, Suspends Withdrawals. Nexo Explores Acquisition
Vauld, a cryptocurrency lender, has blocked withdrawals, becoming the latest victim of a multi-trillion dollar digital asset meltdown. Nexo, a cryptocurrency platform, announced on Tuesday that it had signed an indicative term sheet granting it an exclusive 60-day time to investigate the acquisition of the troubled group, which it intends to reconstruct.
Crypto Discover
Europe Won’t Be the ‘Crypto Wild West’ Anymore. New EU Rules Rein in Stablecoins
New laws in the European Union require cryptocurrency enterprises to obtain a license and demand that stablecoin issuers retain reserves similar to those held by banks as part of the bloc's historic move to regulate a chaotic market.
Crypto
Insider News: Shell Set to Sign Deal With Qatar for Giant Gas Project
According to reports, Shell Plc is planning to take a stake in a major $29 billion project that aims to raise Qatar's output and exports of liquefied natural gas (LNG). This comes as other Western energy giants have already invested in the project and as Europe is increasingly racing to shore up supplies of the fuel.
Companies
Expert Opinion: Apple May Have 40 Million Subscribers for Streaming TV Service, Analyst Says
Sacconaghi claimed that Apple (AAPL) had between 20 million and 40 million paying users, with yearly revenue ranging between $1 billion and $2 billion. That's not much for a firm with about $400 billion in annual revenue, but he believes the service is vital for strategic reasons.
Companies
Metals Haven’t Crashed This Hard Since the Great Recession
The recent plunge in industrial metals can be traced back to the Federal Reserve's decision to raise interest rates by 75 basis points at the beginning of the month. This move was seen as a sign that the Fed was more worried about inflationary pressures than the possibility of a recession.
Stocks Discover
Stocks Won’t Sink Forever. Here Are Cheap Plays on the Market’s Recovery
BlackRock's shares, which are currently trading at $585, have returned to where they were in early 2018, when the company's assets under management were $6 trillion. The stock is currently trading at 15 times estimated 2022 profits and yields 3.3 percent. Warren estimates a fair value of $880 per share.
Stocks