A decade ago, a trio of nimble fintech upstarts — Starling, Monzo, and Revolut — charged into the British banking scene with bold ambitions.Their mission: to reimagine financial services through cutting-edge technology, superior customer experience, and sleek mobile interfaces.Early success was meteoric. Customer bases swelled. Market share climbed. The three…
Latin America’s crypto scene continues to evolve, with new products and regional expansions highlighting its rapid growth.This week’s most notable news is that a judge in Cali, Colombia, has issued an arrest warrant for Juan José Benavides Velasco, the alleged mastermind of the Daily Cop operation, and has requested a red alert…
Adobe stock price has underperformed the broader market and other companies in the software-as-a-service (SaaS) industry like Microsoft, ServiceNow, and Salesforce. It has dropped by over 35% from its highest point last year as concerns about competition and impact of artificial intelligence (AI) remain. Competition, AI, and growth concernsThe Adobe share…
While there is still over a month to go before we reach the halfway mark, it has already been an eventful year for financial markets. President Trump can take credit/blame for a significantly large proportion of this eventfulness. He has been active on the international stage, having been directly involved…
The gold price saw peaks and troughs this week. After rising to almost US$3,350 per ounce on Monday (May 26), the yellow metal took a dive, dropping just below the US$3,260 level on May 28 (Wednesday). It was back on the rise the next day, hitting US$3,324. Trade tensions were…
A decade ago, a trio of nimble fintech upstarts — Starling, Monzo, and Revolut — charged into the British banking scene with bold ambitions.Their mission: to reimagine financial services through cutting-edge technology, superior customer experience, and sleek mobile interfaces.Early success was meteoric. Customer bases swelled. Market share climbed. The three…
The Canadian economy increased at an annualised pace of 2.2% in the first quarter of 2025, according to Statistics Canada data released Friday. The amount greatly exceeded the 1.5% consensus estimate forecast by experts and matched the revised rate of growth reported in the fourth quarter of 2024.Along with the…
Marvell Technology Inc (NASDAQ: MRVL) came in marginally above Street estimates for its fiscal Q1 on “strong AI demand in the data-center end market.”Additionally, the semiconductor giant guided for “continued strong growth” in its current quarter as well on Friday.However, Marvell stock still lost as much as 7.0% this morning…
Regeneron Pharmaceuticals Inc (NASDAQ: REGN) crashed more than 15% this morning on disappointing data from Phase 3 trials of its experimental drug itepekimab.Itepekimab is a drug candidate for chronic obstructive pulmonary disease (COPD) that the biotech firm developed with Paris headquartered Sanofi.Including today’s plummet, REGN shares are down nearly 35%…
German automaker Volkswagen said the company is planning to increase investments in the US to reduce the impact of tariffs and strengthen its position in the auto market.Volkswagen CEO Oliver Blume in an interview with the German paper, Süddeutsche Zeitung, said along with plans of massive investments in the US,…