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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.
Globant Plans Acquisitions to Boost Push Into Asia and Europe
Globant SA, Argentina's technology heavyweight, wants to expand further with mergers that provide it entry into new markets and access to innovations, as the CEO of the corporation stated after the acquisition of one of Uruguay's largest IT companies.
Companies
Fed’s Powell Puts Half-Point Rate Hike on the Table for May
Powell, speaking as part of a panel of senior economic regulators for a debate on the global economy, said a half-point interest-rate rise "will be on the table" during the May policy meeting, noting that many central bank officials believed such a move was appropriate during the March meeting.
Banks and Finance
Wells Fargo’s $28 Billion Oil Lenders Are Ready for This Boom
A year after Wells Fargo & Co. became one of the last major U.S. banks to make a net-zero commitment, thereby putting its massive oil and gas lending business on the verge of extinction, the bankers who allocate billions of dollars to fossil resources aren't worried.
Stocks
Stocks Are Struggling After Reporting Earnings. These 5 Could Soar
It's not that incomes have been poor. According to Credit Suisse statistics, aggregate first-quarter profits per share for S&P 500 businesses that have disclosed their results so far were 8.7 percent higher than projected as of Monday morning.
Stocks
Netflix Stock Had Its Worst Day in Nearly 2 Decades. What Wall Street Is Saying
Netflix lost 200,000 customers in the third quarter, falling far short of its target of 2.5 million net additions. The streaming platform would have gained 500,000 customers if it had not lost 700,000 Russian subscribers. The business expects to lose 2 million net users in the June quarter.
Companies
Alibaba, Bilibili, and China Tech Stocks Slide on Live Streaming Crackdown
Chinese technology stocks fell in Hong Kong on Tuesday as a result of Beijing's tougher rules on the country's live streaming industry, as well as fears over DiDi Global's anticipated delisting in the United States.
Stocks Discover
Morning Brief: From Chip Makers to EV Production & What is New in Crypto and Stock Market so Far
On Monday, bitcoin fell to slightly around $39,000, reaching one-month lows, while ether fell below $3,000 as risky assets such as cryptocurrencies continued under pressure from global central banks' plans to tighten monetary policy.
Stocks
Microsoft Is Building An Ad Program That Will Let Brands Advertise In Xbox Games
These initiatives have not been confirmed by Microsoft. "We are continuously searching for solutions to enhance the experience for gamers and developers, but we don't have much else to say," a spokesman commented.
Companies
Ether Is Struggling As Its Network Hits A Setback
Developers also intend to develop "shards" of the blockchain to support a broader range of transactions with greater throughput. These could help Ethereum scale up and minimize the high transaction fees that infrastructure managers are now charged.
Crypto
Selling Your Stocks in May and Go Away Could Be the Best Strategy This Year
They might, however, be correct. While the Fed tightens, investors could take advantage of the seasonality and be spectators to the drama this summer. The market will almost certainly fall in the first four months of the year.
Banks and Finance
Goldman Sachs, Morgan Stanley To Lead Intel’s Mobileye IPO — Sources
The share market offering, which is scheduled to begin later in 2022, may value Mobileye at up to $50 billion, according to the insiders, who cautioned that the timeframe, pricing, and scale of the IPO are dependent on market dynamics.
Banks and Finance
Want to Beat Inflation? These 7 Funds Have 8% Returns
For this approach, we sought closed-end funds that now pay out more than 8% and have returned more than 8% over the last five years. That should be in line with the CPI, which was up 8.5 percent from a year earlier in March, a level that many analysts believe marks the peak pace of price increases.
Banks and Finance
Bank Earnings Are Going To Be Confusing. They Could Be Ugly, Too
Trading will also prove to be a challenging area. The first quarter was clearly volatile, but it is unclear if it benefitted banks. Nonetheless, gains in currency and commodities trading should outweigh losses in stocks.
Banks and Finance