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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.
The Stock Market Just Suffered Its Worst Week Since 2020. Here’s What Comes Next
Although rational, the loss has been unpleasant for investors who have been taught to trade on the dips. This week, the Nasdaq Composite saw two straight one-percentage-point gains, which converted into losses by the end of the trading day.
Stocks
GameStop apes are all talk: Webull CEO
"If you look at the prices today [at GameStop], it tells me that whether it's diamond hands or monkeys, I believe it's just chatter," Denier remarked on Yahoo Finance Live. "We are witnessing our traders and our investors take money off the table in GameStop."
Companies
Intel’s $20 Billion Ohio Plant Won’t End The Chip Shortage Overnight
Thus, does this suggest that the chip catastrophe that everyone has been raving about has passed us by? Not quite. The dilemma began when manufacturers reduced their chip orders at the outset of the epidemic, only for demand for automobiles to rise.
Companies
Interest Rate Surge Reflects Fed Policy That ‘Overstayed Its Welcome’ч
Tuesday's sell-off is "all about interest rates," according to David Lefkowitz, head of equities for the Americas at UBS Global Wealth Management. The increase in the 10-year yield "has significant consequences for the market's internals."
Banks and Finance
Us-China Tech War: Chinese Semiconductor Output Surged 33 Percent Last Year, Double The Growth Rate In 2020
Beijing's attempts to expand its microchip business via state support, procurement favors, and other positive initiatives have resulted in a surge in invested capital in this field.
Banks and Finance
China’s Economic Numbers Once Again Have the Skeptics Suspicious
China closed last year with robust exports and factory output, with value-added industrial output up 4.3 percent year on year in December, but with lackluster consumption, with retail sales increasing only 1.7 percent.
Banks and Finance
Microsoft to Acquire Activision Blizzard for Nearly $70 Billion
"Gaming is the most dynamic and engaging category of entertainment today across all platforms and will be essential to the development of metaverse platforms," Microsoft Chairman and CEO Satya Nadella said in a news statement Tuesday
Companies
China’s Digital Yuan Wallet Now Has 260 Million Individual Users
The digital yuan innovation underwent tests and validation for two years before entering the mainstream market. The PBOC has since declared its experiment an official success, introducing its digital wallet earlier this year in Chinese versions of iOS and Android.
Forex
