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.
Mark Zuckerberg’s Metaverse May Take a Decade to Bloom. Wall Street Still Celebrated
The expansion into the metaverse is likely to take longer to make a profit than traditional software, and it may take a decade before the business is capable of truly raking in cash, said Mark Zuckerberg, CEO of Meta Platforms. Wall Street is still optimistic.
Companies
Insider News: Samsung Elec To Join Renewables Pledge As S.Korea Shifts Gears On Green Energy
According to the source, RE100 will be incorporated into the climate targets soon after the new administration takes office. Because of the delicate nature of the matter, the source requested anonymity.
Companies
Elon Musk Is a Crypto Fan. What the Twitter Deal Means for Bitcoin and Dogecoin
Musk may make a huge step by urging Twitter to purchase Bitcoin as a treasury asset, as he has done with Tesla and SpaceX. "Given Twitter's presence in US politics and society, the firm acquiring Bitcoin to store on its balance sheet would be a significant event," Savic added.
Crypto
Elon Musk Will Make an Indelible Mark on Twitter, Experts Say
While Musk has not revealed any particular changes to the website, he has advocated for fewer restrictions on what users can and cannot publish and has speculated that the platform may transition from being financed by advertising to a subscription-based model.
Companies
Shanghai’s Lockdown Missteps Undermine Financial Hub Ambitions
According to a survey conducted by the American Chamber of Commerce in Shanghai during the early days of the lockdown, 81% of its members were experiencing difficulty attracting and retaining skilled foreign workers. Over a third of its members experienced "large" or "severe" difficulties.
Banks and Finance
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
