Crunchmarkets’s info on the world of finance
“Construction continues at Hongkong Land’s site in Shanghai, as of November 4, 2024. In Beijing, it is widely anticipated that further fiscal support will be announced this Friday, following the conclusion of a five-day parliamentary session. Government officials have consistently been increasing stimulus measures since late September, resulting in a […]
Vanguard Group, the leading American mutual fund asset manager, has decided to shell out $40 million in a settlement over a lawsuit. The suit alleged that the firm stuck regular investors of its renowned target-date retirement funds with unexpectedly hefty tax bills. The preliminary settlement of this proposed class-action suit […]
Adyen, the Dutch payment processing company, experienced a major dip in their first-half sales, resulting in a $20 billion decrease in their market capitalization. Despite this setback, the company rebounded with a significant increase in sales in the third quarter. This came as Adyen expanded its customer base and diversified […]
“Following a landslide triumph for President Donald Trump in the recent elections, the tech industry’s leading figures from Silicon Valley have come forward to extend their congratulations to the newly-elected President. Jeff Bezos, the founder of the renowned e-commerce platform Amazon.com, was among the earliest to convey his felicitations. Bezos, […]
“British digital money transfer service Wise saw a significant surge in profits during the first half of its 2025 financial year. Crediting this growth to an upturn in customer numbers and an extended market share, the company witnessed a 55% increase in profits. The profits for Wise’s first half of […]
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, […]
