UK Fintech Powerhouse Wise Accused by Smaller Rival of Questionable Competition Practices
By Tolu Ajiboye
Atlantic Money recently accused its more illustrious British rival Wise of undermining competition in the money transfer space.
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Fidelity Investments Trims Ant Group’s Valuation by Another 9%
Apart from Fidelity, another investment management company Blackrock also lowered its estimates for Ant in 2022.
British Finance Minister Calls on Tech Giants to Stoke Growth in Nation amid Reformative Tax Hikes
By Tolu Ajiboye
Finance Minister Jeremy Hunt has implored companies to play a crucial role in British economic growth as the country angles for tax hikes.
Stripe Considers Public Offering, Taps Goldman Sachs & JPMorgan for Advice
By Tolu Ajiboye
Leading fintech Stripe is considering a public offering within the next year amid the broader tech selloff.
INTC Stock Falls as Intel Reveals Weak 2022 Q4 Performance and More Losses for Current Quarter
Intel CEO said the company will deal with “persistent economic headwinds” for at least the first half of the year.
BuzzFeed to Leverage OpenAI to Write Stories, BZFD Stock Shoots 120%
BuzzFeed stock zoomed more than 200% during Thursday’s trading session as the media house announced the use of OpenAI tools for content production.
US SEC Rejects Cboe BZX’s Bid to List ARK 21Shares Bitcoin ETF for Second Time
SEC concluded that Cboe BZX has not established that it has a comprehensive surveillance-sharing agreement with a regulated market of significant size related to listing Ark 21Shares Bitcoin ETF.
Tesla (TSLA) Shares Pop 10% after Record Profits in 2022 Q4 Earnings
During the fourth quarter, Tesla reported automotive revenue of about $21.3 billion and total revenues of about $24.31 billion.
Comcast Surpasses Q4 2022 Expectations amid Broadband Growth Slowdown
By Tolu Ajiboye
American multinational telecoms conglomerate Comcast had a commendable Q4 2022 outing despite stacked losses from its Peacock platform.
Nasdaq Sees Lower Close for Second Day amid Corporate Earnings Season
By Tolu Ajiboye
The tech-heavy Nasdaq dipped 0.18% on Wednesday to close lower for the second day as corporate earnings roll on.
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Stock Market News
Stock market news offers you daily updates on the latest information about trading tendencies, market bulls, stakeholders, and analytics on recent cryptocurrency news. The market analysis includes cutting edge evaluation and live trends of market assets, market data, fiat currencies, and digital currencies being brilliant supportive tools for making suitable decisions.
Also known as the share market, stock market is where buyers and sellers of stocks and market commodities meet for exchange. The goal of every investor is to make the best profit and as such, the market serves as a meeting point for business stakeholders and investors to connect.
Traders and investors usually prefer to use popular and trusted exchange platforms since they feature the highest number of buyers and sellers of commodities. The high number of users on exchange platforms also means that one could get a wider range of deals from which one chooses the best.
Financial exchange is one of the most significant ways for organizations to raise funds, alongside debt markets which are commonly compelling yet don’t exchange openly. This permits establishments to be traded on an open market, and raise extra monetary capital for development by selling the firm’s shares in an open market.
The liquidity that the exchange platforms bear to traders allows their holders to rapidly and effectively sell securities. This is an alluring element of putting resources into stocks, contrasted with different less fluid ventures, for example, property and other static properties.
Stay tuned to get cutting edge financial analysis on best performing global market stocks including live stock market data, news, reports, analysis, stock quotes, and financial earnings on Coinspeaker.
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