Crunchmarkets’s info on the world of finance
Cango Inc. (NYSE: NYSE:) showcased strong financials during its Q3 2024 earnings call, held on September 30, 2024. The corporation reported total revenue of RMB 26.95 million, with operating and net profits standing at RMB 35.24 million and RMB 67.88 million, respectively. The company’s success was primarily attributed to effective […]
Chinese autonomous driving start-up, Deeproute.ai, has recently garnered $100 million in funding from an anonymous automaker. This latest development has been difficult to achieve, particularly as the funding didn’t come from government sources, shared Deeproute.ai’s CEO, Maxwell Zhou. Interestingly, the major player in the investment round was Great Wall Motor, […]
By Sarah N. Lynch On Monday, Missouri, a state controlled by Republicans, urged a court to prevent the U.S. Department of Justice from deploying legal representatives to St. Louis on the day of the election to ensure adherence to federal voting rights laws. This request came despite the city’s election […]
American fintech firm, Affirm, has recently announced its expansion into the UK market. The firm, co-founded by PayPal Inc. co-founder Max Levchin, and well-known for its innovative ‘buy now, pay later’ schemes, made its debut in the UK on Monday, marking its first venture abroad. Established in 2012, Affirm has […]
“Israeli shares experienced an increase after the market closed on Sunday, driven by gains in various sectors. The index in Tel Aviv exhibited a marginal increase of 0.02% at the close. The trading session’s top performers included Bank Hapoalim, which witnessed a 1.46% rise or an increase of 57.00 points, […]
Warren Buffett, the investment sage of Omaha, has been on a selling streak, resulting in an unprecedented cash pile of over $300 billion for Berkshire Hathaway. This figure was reported at the end of Q3, showing an increase from $276.9 billion in Q2, according to the company’s earnings report published […]
Investing.com has been abuzz this week with the U.S. elections on the horizon and the earnings season in full swing. Several market heavyweights have been in the spotlight, making noteworthy strides. Here’s a rundown of Investing.com’s top picks for the week: Big Tech’s Earnings Rollercoaster: Microsoft Disappoints, Amazon Surges Tech […]
UK’s Finance Minister, Rachel Reeves, recently announced new fiscal policies at the Labour Party Conference in Liverpool. These plans, which include a significant increase in business taxes, have sparked debates among leaders in the tech industry and venture capitalists about the UK’s ability to become a leading global hub for […]
Walt Disney Company is set to establish a new division to manage its use of innovative technologies like artificial intelligence and mixed reality. The move aims to explore potential applications in its film, television and theme park sectors. The newly instituted Office of Technology Enablement will be headed by Jamie […]
BlackRock’s iShares is taking steps to attract investors seeking to expand beyond the renowned ‘Magnificent Seven.’ The company introduced the iShares Top 20 U.S. Stocks ETF (TOPT) this month, a fund that doesn’t solely focus on the Magnificent Seven, namely Apple, Amazon, Meta, Alphabet, Microsoft, Nvidia, and Tesla. Instead, it […]
