Crunchmarkets’s info on the world of finance
[The live broadcast is scheduled to commence at 11 a.m. Eastern Time. If you do not see a media player at the scheduled time, please refresh your page.] On Wednesday, Rohit Chopra, the head of the Consumer Financial Protection Bureau (CFPB), is set to address the audience at DC Fintech […]
“According to recent reports, UK tech company, Arm Holdings, has made the decision to withdraw a significant architectural license agreement which permitted Qualcomm to utilize their intellectual property for chip design. This move comes as the latest development in the ongoing legal dispute between these two tech giants. Arm Holdings […]
Christian Klein, the co-CEO of German software and cloud computing behemoth, SAP, highlighted the company’s impressive financial performance for 2019 at a press conference held on January 28, 2020, in Walldorf, Germany. Despite significant restructuring expenses, SAP was able to lift its projections for the following year. Klein shared his […]
Authors Makiko Yamazaki and Anton Bridge report that Fuji Soft’s leading shareholder has confirmed its backing for KKR’s proposal to acquire the Japanese software developer. This confirmation adds fuel to the $4 billion tug-of-war between two of the world’s most significant private equity firms. Singapore-based 3D Investment Partners, the main […]
Robinhood, the popular online investment platform, has announced it is introducing margin trading in the UK. This feature allows investors to borrow money to enhance their trading activities. The decision comes after the company’s recent discussions with the Financial Conduct Authority (FCA), the UK’s financial regulator, and the subsequent approval […]
Perplexity AI, a venture with the backing of business magnate Jeff Bezos, has reportedly embarked on fundraising negotiations. The artificial intelligence (AI) company aims to surge its valuation to $8 billion or even more, as per a report by the Wall Street Journal. The AI firm has reportedly disclosed to […]
The key to gaining exposure to small cap stocks could lie in skilled stock selection, according to Rob Harvey, the man behind the Dimensional U.S. Small Cap ETF. Harvey uses a proactive approach in purchasing these stocks, aiming to steer clear of underperforming small caps that could negatively impact the […]
“BRASILIA – In a significant development, Brazil’s financial watchdog, CVM, has levelled accusations of insider trading against eight erstwhile top-level executives of retail giant, Americanas. The charges stem from alleged illicit trading of the company’s securities prior to the revelation of a major accounting scandal in 2023. Late on Friday, […]
Cybersecurity company Wiz is aiming for $1 billion in annual recurring revenue next year, according to the firm’s billionaire co-founder Roy Reznik. Speaking to CNBC, Reznik revealed that an IPO is on the cards for the firm, but only “when the stars align.” Wiz’s core product is a software that […]
Investment firm Jana Partners has recently acquired a new stake in Lamb Weston, a leading french-fry manufacturer, with potential plans to encourage the company to sell. This announcement was made in a regulatory filing on Friday by the activist investment firm. Jana Partners now owns a 5% stake in Lamb […]
