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 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…
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…
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…
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%…
Trump administration has reportedly picked Palantir Technologies Inc. (NASDAQ: PLTR) as its primary data analysis partners. Shares of the big data analytics firm are inching up further on Friday.According to The New York Times, this expanded data partnership with the US government stems from the President’s recent executive order aimed…
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,…
Sunrun Inc (NASDAQ: RUN) has been a major disappointment for investors in recent weeks, but a senior analyst at UBS remains convinced that the ongoing sell-off in this solar stock has gone a bit too far.According to Jon Windham, Sunrun’s stock price crash has created an opportunity to load up…
Intel has announced plans to lower its global headcount by more than 20% under the leadership of Lip-Bu Tan, who has been at the helm for a couple of months only.In its latest reported quarter, the semiconductor giant came in ahead of Street estimates on both the top and bottom…
German stocks have been on a tear in 2025, vastly outperforming both their European peers and U.S. counterparts.The DAX index, Germany’s flagship benchmark, is up over 20% year-to-date, outshining the broader Stoxx 600, which has posted a more modest 8% gain.In stark contrast, the S&P 500 in the U.S. has…