BCB plans to use the funds strategically to help increase its market penetration alongside enhancing its payment infrastructure across different regions.
Eelectric vehicle maker Jidu recently raised heavy funding from Baidu and Geely to further develop ‘smart’ cars for 2023.
Microsoft had $36.77 billion in unearned revenue at year-end. This is below the StreetAccount consensus of $36.90 billion.
Growth stocks continue to stay under pressure as investors await the details of the two-day FOMC meeting. Banks and energy sectors pose recovery.
The new Klarna post-purchase payments UK card comes on the heels of similar offerings in Sweden and Germany, and is on course to also debut in the US.
In an attempt to further broaden its horizon, FTX US made a dive into the NFT space, the crypto niche that witnessed tremendous growth in 2021.
With over $2 billion invested in Bitcoin in 2021, Phong Le said he is unsure whether the company will make more acquisitions this year than it did in the previous years.
Credit Suisse noted that the hit will be partly offset by gains on real estate sales of approximately CHF 225 million.
Training large models requires high-performance computing infrastructures, and the AI research team at Meta has been making efforts on this for years.
With the trading winter officially here, Wilson pointed out that there has been so much damage done to many stocks, and based on this, investors will act wisely if they “hunker down for a few more months.”
US stock futures across the board early Tuesday morning continued to fall following a highly volatile trading session.
Such volatility is common when investors are waiting for corporate earnings results. In addition, investors are observing the Federal Reserve that is getting ready with a major policy decision to tighten monetary policy.
According to Jefferies, Netflix stock is now rating as hold, not buy. Besides, the company set a new price target for $415.00 expecting Netflix shares to rise by up to 7.19% within the next 12 months.
Despite the gains recorded as recanted, the S&P 500 is still down more than 7.5% in the year-to-date period, as it is set to close this month as its absolute worst since March 2020.
The top picks for Cathie Wood’s Ark Innovation ETF include Tesla Inc which accounts for approximately 10.40%, closely followed by Coinbase Global Inc which represents 6.09% of the total assets under management.