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.
Insider News: Leaked Slack Messages Show Shopify Plans To Address Pay And Attrition Woes
Shopify workers were informed on Tuesday that Thawar would make a statement on payments soon, and the matter would be addressed in an upcoming town hall. An attempt to reach a Shopify spokesperson for comment on this development was unsuccessful.
Companies
Insider News: Coinbase To Reportedly Buy The $2.2B Brazilian Unicorn Behind Mercado Bitcoin
Articles have reported that Coinbase plans to purchase 2TM to increase its worldwide presence. After previously acquiring an Indian AI company in response to client concerns over unnecessary customer support, a San Francisco exchange recently acquired blockchain infrastructure platform Bison Trails.
Crypto
Stock Market News Live Updates: Stocks Extend Gains Into Third Week With Boost From Big Tech
US equities finished higher Monday, extending a two-week hot streak, as investors prepared for a busy week filled with critical economic statistics that might position the Federal Reserve to act more hawkish on interest rate hike plans.
Stocks
The Stock Market Got A Big Boost From The Bond Selloff. The Fed Could Change That.
Avoid looking for the "positive news" that fueled the week's advances — there was none, at least not in the usual sense. Russia's attack on Ukraine seems to be far from over. Fed Chair Jerome Powell and several central bank officials have discussed the prospect of a half-point rate hike at forthcoming meetings.
Stocks
Insider News: China’s E-Commerce Giant JD.Com Is Reportedly Laying Off At Least 400 Workers, Adding To Massive Layoffs Seen At Other Major Chinese Tech Firms Like Alibaba And Tencent
JD.com's announcement came after claims that Alibaba, another e-commerce behemoth, was also contemplating cutting off at least 15% of its workforce in 2022. This would result in the loss of almost 39,000 employment, Reuters said, referencing anonymous individuals.
Companies
Expert Opinion: Bitcoin Is on the Verge of a Major Breakout — and What Else Is Happening in Crypto Today
"Bitcoin is on the cusp of a huge breakout as the price is on track to challenge the $45k, which has been a strong resistance since mid-January," said Yuya Hasegawa, an analyst at Japanese cryptocurrency exchange Bitbank.
Crypto
Stocks Gain. Europe is in Focus.
On Thursday, the price of West Texas Intermediate oil plummeted roughly 3%, one day after its spike related to Wednesday's stock market slump. Still, oil is trading at $111 a barrel, approximately 25% more than it was when news of Russia's impending invasion of Ukraine broke in February.
Stocks Discover
Expert Opinion: Delisting Chinese Stocks Is Still on the Table. Watchdog Says Hope for a Deal is ‘Premature.’
The PCAOB stated that it is continuing to communicate with Chinese authorities, but it also stated that there are no signs of a weakening of the US position, which needs full access to relevant audit documents, including for corporations in sensitive areas.
Stocks
Expert Opinion: Nvidia’s Investor Day Is About to Begin. Here’s What It Means for the Stock.
He'll also be looking for information on next-generation gaming items and fresh additions to the company's automotive roadmap. He is optimistic that the company would provide more precise expectations about its software prospects.
Stocks
Insider News: Amazon’s CEO Andy Jassy Shares A Bold Vision For The Company’s Healthcare Business.
Jassy emphasized the potential advantages of Amazon Care, which links patients with specialists by text and video — and, in certain regions, distributes medications and sends a nurse to people's homes for checkups and tests.
Banks and Finance
Stock Market News Live Updates: Stocks Deliver Best Weekly Performance Since November 2020 As S&P 500 Jumps 6% From Last Week
Stocks in the United States rose towards the close on Friday, marking the fourth straight day of profits. The main market indexes also saw good weekly gains as traders reacted positively to the Federal Reserve's first step toward boosting interest rates.
Stocks
Expert Opinion: We’re in a Global Energy Crisis, Officials Warn. Nations Should Focus on These Key Ways to Address It.
According to the International Energy Agency, the world is in an energy crisis, and governments must move more aggressively to address it. This may entail figuring out how to cut down on how much individuals drive and how often they go to work.
Banks and Finance
China Made Pro-Market Promises. Here’s What Analysts Are Saying.
The Chinese government has had enough. They met on Wednesday to form the Financial Stability and Development Committee, which is controlled by China's cabinet, the State Council. What resulted were extensive pledges of assistance for China's ailing economy.
Stocks
Insider News: Goldman Sachs’ Top Equity And Credit Strategists Lay Out Their Approaches To Investing
The Russian invasion of Ukraine is the latest aspect contributing to 2022 being a more challenging year for markets than many analysts predicted. Commodity prices are soaring as supply networks are once again knocked off course, and inflation is at its highest level in 40 years.
Banks and Finance Discover
American Express Is Banking On Younger Customers As It Targets Annual Revenue Growth Of More Than 10%
American Express Co. executives expressed confidence in the company's capabilities to increase yearly revenue by more than 10% in the long term, as they stated during a Wednesday investor-day conference.
Banks and Finance