Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Going from a respected, leading corporation to the riskiest, struggling firm overnight does not happen every day, but this is exactly what happened to the US chipmaker, Intel Corp, this week. The company… Continue reading Intel loses $8 billion of its market value after a historic collapse
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Boerse Stuttgart, the second-largest stock exchange from Germany, announced on Friday that it had received two investments from major companies, both of which are strongly committed to its digital business. The firms in… Continue reading SBI Group and Axel Springer invest into Germany’s stock exchange Boerse Stuttgart
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The global economy is still in a fairly bad state, and many financial leaders fear that things are about to get significantly worse. In the US, the biggest fear right now seems to… Continue reading Energy shares see challenges as fears of the recession continue to trouble Wall Street
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Chevron Cory reported a $36.5 billion profit for the 2022 financial year. While this figure was over double the earnings reported during the previous year, it remained below Wall Street estimates. The miss… Continue reading Chevron 2022 profits increase to $36.5 billion but miss Wall Street estimates
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The shares of LVMH, a French luxury goods company, recorded a slight decline on Friday after the company released its sales update for the fourth quarter of 2022. The update shed a negative… Continue reading LVMH shares wobble as Q4 sales update shows the impact of China disruptions
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Investors are eagerly looking forward to General Motors and Ford Motor releasing strong profits for 2022. Investors are optimistic about positive financial results following the automakers’ release of premium-priced sports utility vehicles (SUVs)… Continue reading GM and Ford expected to release strong profits amid price drop
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. For months now, companies have been making headlines due to dozens, hundreds, and even thousands of layoffs. They were deemed necessary in order to keep the firms in business during the difficult economic… Continue reading Insider says that OvalX might pause operations to start layoffs
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The last year has been very difficult on most types of businesses from all industries, including the financial industry itself. Many of the leading firms in their respective sectors have started struggling, and… Continue reading Virtu Financial closes another quarter with a revenue drop of over 40%
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. New York-based global investment bank Morgan Stanley recently issued penalties on a number of employees for endangering the company’s official business by discussing it on messaging platforms that are not deemed secure enough… Continue reading Morgan Stanley fines employees for using WhatsApp to talk about official business
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The Financial Conduct Authority has revealed that it has started investigations against three money transfer companies operating in the United Kingdom. The regulator noted that these money transfer companies might have violated the… Continue reading FCA launches investigations on three money transfer business
