Stock Market

CEO of Coinbase claims the cryptocurrency market can move on after the historic Binance settlement

After Binance was hit with a historic settlement by the U.S. Department of Justice, the crypto industry can finally close the chapter on a long list of scandals and issues, according to Coinbase CEO Brian Armstrong on Monday. Armstrong stated,...

FinTech behemoth Revolut names a new UK CEO amidst difficulties getting a banking license

Francesca Carlesi, a former executive at Barclays, has been named as the new CEO of Revolut, a European FinTech company, effective Thursday. Carlesi, who has fifteen years of experience in the financial services industry and was previously employed at Deutsche...

On hope for a new ETF, Cryptocurrencies gain value, sending Bitcoin over $30,000 at one point.

As optimistic investors assessed the possibility that the United States will finally see a bitcoin ETF in the upcoming months, cryptocurrency prices briefly soared to start the week. An unconfirmed report that the Securities and Exchange Commission had officially approved...

US consumer prices increased by 0.4% in September, more than expected

Inflation remained a top concern for policymakers in September as consumer prices increased at a slightly faster-than-anticipated rate for a variety of goods and services. According to a recently released Labor Department report, the consumer price index increased 0.4% from...

The Fed’s favorite inflation gauge rose less than expected in August

An economic indicator that the Federal Reserve uses as a measure of inflation rose less than expected in August, showing that the central bank's fight against rising prices is making progress. The personal consumption expenditures price index, which excludes food...

Intuit’s Alex Chriss chosen as the new PayPal CEO

The members of PayPal’s board announced that PayPal’s new CEO will be Alex Chriss. He currently runs the small business and self-employed group at Intuit. Chriss will take over for PayPal’s present CEO Dan Schulman from Sept. 27. Schulman had earlier...

Strategist Says, Investors are overconfident about the impact of AI

Mike Coop, chief investment officer at Morningstar Investment Management, says market participants are "overconfident" in their ability to predict the long-term impact of AI. Despite the setback so far this month, optimism about AI's potential to boost future profits has...

Apple’s Stock Popped briefly on a report that it is developing its own equivalent of ChatGPT

Apple stock popped for a short time after Bloomberg News reported that the firm is internally developing its own artificial intelligence large language model. The move signifies Apple is taking advanced steps in AI technology and is thinking of integrating AI into its...

Intel stock declines by 6% as it updates chip manufacturing plans

Intel stock declined by 6% after it gave investors an update about its turnaround plan to become a chip manufacturing firm competing with the Taiwan Semiconductor Manufacturing Company. Intel’s Chief Financial Officer David Zinsner explained how Intel would soon change the...

Microsoft’s Stock Hit Record after Analysts Predict $10 Billion in Yearly AI Revenue

Microsoft shares reached a record recently after analysts at JPMorgan Chase predicted the growth prospects of the Company in artificial intelligence. The stock increased 3.2% to close at $348.10, breaking its earlier all-time high record in November 2021. AI has been a buzzword all...
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Maximizing B2B Lead Generation through Social Media Strategies

In the realm of B2B marketing, the landscape has evolved significantly with the rise of social media platforms. While...
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