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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.

Amazon’s Deal With Grubhub Makes Life Tougher for Uber and DoorDash

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

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
Netflix Q2 Subscriber Losses Could Be Worse Than Forecast

Netflix Q2 Subscriber Losses Could Be Worse Than Forecast, Analyst Warns Nearly three months have passed since Netflix startled investors with a terrible first-quarter earnings announcement. A surprising reversal in subscriber growth was the main problem. Companies
Meta, Alphabet, and Other Internet Stocks Face a ‘Perfect Storm’ as Ad Spending Slows

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

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
Meta is Pulling the Plug on its Crypto Payments Wallet, Novi

Meta is Pulling the Plug on its Crypto Payments Wallet, Novi By announcing on Friday that Novi, the digital wallet payments system created in October, will cease on September 1st, Meta has announced a further reduction in its role. Companies
5 Things to Know in Crypto Today

5 Things to Know in Crypto Today The price of cryptocurrencies has fluctuated slightly since last Friday. Things are not expected to resume until Tuesday, when US markets reopen. Local markets are shuttered as Americans celebrate Independence Day. Crypto Discover
NIO, XPeng and Li Auto Deliveries Set a Record. That Can Help Tesla Stock, Too

NIO, XPeng and Li Auto Deliveries Set a Record. That Can Help Tesla Stock, Too After a Covid-19-induced slump, Chinese electric vehicle production and demand recovered in June. NIO (NIO), Li Auto (LI), and XPeng (XPEV) delivered well in the previous month (June). Companies
Europe Won’t Be the ‘Crypto Wild West’ Anymore

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
The S&P 500 Had Its Worst First Half Since 1970.

The S&P 500 Had Its Worst First Half Since 1970. What Comes Next Many investors are concerned that the S&P 500 (SPX) has not yet reached its real bottom after posting its worst first half of a year since Richard Nixon's administration. Stocks
Shell Set to Sign Deal With Qatar for Giant Gas Project

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

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

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
Stocks Won’t Sink Forever. Here Are Cheap Plays on the Market’s Recovery

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
Yes, NFTs Can Be Taxed, Too

Yes, NFTs Can Be Taxed, Too According to industry publication DappRadar, collectors went on a buying spree for non-fungible tokens, or NFTs, last year, pushing sales up to $24.9 billion in 2020 from $94.9 million in 2020, and many are only now realizing that an unexpected guest wants in on the fun: the Internal Revenue Service. Crypto Discover
Instagram is Testing an AI Face-Scanning Tool That Can Verify Your Age

Instagram is Testing an AI Face-Scanning Tool That Can Verify Your Age Instagram requires three of the user's mutual followers to verify their age as part of the social vouching method. They have three days to react, and the followers must be at least 18 years old. Users can still prove their age by uploading images of their ID cards. Companies
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