Crunchmarkets’s info on the world of finance
Authors: Virginia Furness, Kate Abnett, and Simon Jessop BAKU (Reuters) – The COP29 climate conference, held on Saturday, witnessed the arrival of a new global marketplace for the buying and selling of carbon credits. Supporters believe that this system will generate billions of dollars for projects aimed to counteract global […]
The Senate Judiciary Committee held a session on Tuesday, focusing on the supposed duopoly of Visa and Mastercard. Members from both major parties claim that this control leaves small businesses and retailers with no room to negotiate transaction fees on credit card payments. Democratic Senator Dick Durbin, the committee chair, […]
The US government has claimed that employees at a French-owned auto parts factory in Mexico, operated by Akwel, were deprived of their right to collective bargaining, in contravention of a North American trade deal. The US has urged Mexico to initiate an investigation into the matter. In a move aimed […]
The creator of the pioneer gold-tracking Exchange-Traded Fund (ETF), GLD, remains optimistic about the commodity even twenty years later. In an interview with CNBC’s "ETF Edge", George Milling-Stanley, the chief gold strategist at State Street, shared his positive outlook for gold for the remainder of the year and into the […]
Canadian company Alimentation Couche-Tard has dismissed rumors of a hostile takeover of Japanese firm Seven & i. This news was confirmed by Alain Bouchard, the chairman and co-founder of the Canadian firm, in an interview with the Japanese press. Bouchard clarified that a hostile acquisition was not on their agenda, […]
On November 12, 2024, Baidu, the giant tech company from China, revealed an innovative pair of glasses infused with AI technology. This new product is set to compete with the AI-powered Meta Ray-Bans that have already gained popularity in the AI hardware market. In spite of a slight 3% decrease […]
Article Title: Nvidia Predicts Slowest Revenue Growth in Seven Quarters; Shares Drop Written by: Max A. Cherney, Arsheeya Bajwa, Stephen Nellis Nvidia, the world’s most highly valued company, projected its weakest revenue growth in seven quarters this Wednesday, falling short of the high expectations set by some shareholders. The company, […]
At the Global Financial Leaders’ Investment Summit in Hong Kong, Marc Rowan, Apollo Global Management’s CEO, mentioned an “industrial rebirth” in the United States that is triggering a surge in the demand for capital. He described the current situation as “nothing short of extraordinary,” a sentiment expressed during a panel […]
Article by Caroline Valetkevitch In Tuesday’s trading, the Nasdaq saw an increase of over 1%, finishing the day on a high note. This surge was primarily driven by a significant rise in technology shares, as the market anticipated the release of Nvidia’s results later this week. Walmart’s shares also witnessed […]
Hiroki Takeuchi, GoCardless’ CEO and co-founder, recently shared his views on the current state of fintech IPOs. This comes after Klarna, a Swedish digital payment platform, confidentially filed for a U.S. IPO, sparking conversations about a potential resurgence in significant fintech IPOs. However, Takeuchi maintains that now is not the […]
