Goldman Sachs, Barclays Reportedly Compete to Acquire General Motors' Credit Card Business
Goldman Sachs and Barclays are reportedly vying to acquire General Motors' credit card business.
Finance/Venture
Recent US Inflation Report Boosts Tech Stocks, With Semiconductor Shares Rebounding
Wall Street rebounded strongly on Friday, led by a 1.63% surge in the Dow Jones, after moderate inflation data boosted hopes for an early Federal Reserve interest rate cut.
Big European Banks to Report Q2 Earnings This Week
The largest banks in Europe, such as Santander, BNP Paribas, and Deutsche Bank, are set to report their earnings for the second quarter of 2024 this week following the announcement from the European C..
Asian Share Markets Likely to Falter Following Biden's Withdrawal from White House Race
Share markets across Asia are expected to stay in the red after last week’s tech bloodbath, as well as the shock announcement of US President Joe Biden bowing out of the presidential race in November...
HSBC Promotes CFO Georges Elhedery to CEO
HSBC announced that Georges Elhedery, its chief financial officer, will become the firm’s next CEO effective Sept. 2...
Bank of America Shares 4% Rise in Q2 After Announcing Net Interest Income Rebound Imminent
Bank of America recently announced that its second-quarter revenue and...
Gun and Prison Stocks Gain as Trump’s Election Odds Improve Post-Rally Incident
Following an assassination attempt at a Donald Trump rally, cryptocurr...
Latest News
US Regulators Take Hold of Troubled Lender Republic First and Agree to Sell It to Fulton Bank
US regulators have taken hold of Republic First Bancorp and arranged to sell it to Fulton Bank.
UK Cybersecurity Company Sold to US Private Equity For $5.3 Billion Due To Being 'Undervalued' in LSEG
Cambridge-based cybersecurity firm Darktrace has accepted a $5.3 billion acquisition offer from US private equity giant Thoma Bravo, a 44% premium over its recent share price.
Unleashing the Power of AI: Discussing the Impact of AI-Based Business Strategies with Ashwaq AlMudhaf
Running a successful business is like riding a rollercoaster. There are so many variables to take care of that make doing business a wild ride. That's why thriving in the business world means adapting
UK Satellite Engineering Company Signs $19.7 Million Deal With SpaceX for Starlink Constellations
Filtronic Plc and SpaceX announced a groundbreaking agreement. In a $19.7 million deal, Filtronic will supply crucial modules for SpaceX's Starlink constellations, while SpaceX will be granted the opt
Token Growth Studio TDeFi CEO Judges Next Crypto Unicorn at PBW's 'Meet the Drapers'
TDeFi: $10 million prize pool at Paris Blockchain Week's 'Meet the Drapers'
Bitcoin Mining Companies to Invest in AI After Drop in Revenues
Bitcoin miners are adapting to reduced revenues post-halving by investing in innovative solutions, while some are also exploring opportunities in artificial intelligence.
What Empower Finance's Acquisition of Petal Means for Cardholders
Empower Finance acquires Petal, merging strengths for cardholders. Potential access to Empower's financial tools may come with subscription fees.
Trump Media Provides Short-Selling Prevention Tips Following DJT Stock Price Decline
After a 63% decrease in DJT's share value, Trump Media has advised shareholders on protecting their stocks from short selling, with detailed instructions now available on their FAQ page.
Tech Giants Gear Up for Earnings Showdown; Investors Await if AI Strategies Turned Into Profits
Tech giants, including Apple, Microsoft, and Nvidia, are up for earnings showdown season, with Generative AI taking center stage as companies aim to translate AI investments into tangible profits.
