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...


Latest News

Is The Rally Over? Bitcoin Crashes Overnight, Hits $67,000 from $72,000 High
Bitcoin plummeted overnight from $72,000 to $67,000, sparking concerns about the end of its rally. Experts cite varied factors, with divided opinions on its future trajectory.
Binance Labs Becomes Separate Company After Separating From Binance
Binance Labs is now a separate company after it cut its ties with Binance exchange.
Polyhedra Network Rockets to $1 Billion Valuation with $20M Strategic Funding Round, Backed by Major Crypto Players
Polyhedra Network secured $20M in funding, led by Polychain Capital and Animoca Brands, for a valuation of $1B. Innovative zero-knowledge proofs drive its global expansion in Web 3 infrastructure.
Shorecliff Asset Management Surges, Tripling Assets to $500 Million in Just One Year
Shorecliff Asset Management, co-founded by Grant Nachman and Anthony La Lota, tripled its assets to over $500 million. It pivots towards higher-quality credit investments and achieves remarkable retur
Car Insurance Prices Keep Rising Without Any Immediate Signs of Relief
Car insurance prices are increasing at an alarming rate, and hundreds of thousands of drivers are expected to see a rate hike of nearly 20% this year.
Chubb CEO Defends Providing Donald Trump With $91.6 Million Appeal Bond in E. Jean Carroll Case
Chubb CEO Evan Greenberg has defended the company's decision to provide former President Donald Trump with a $91.6 million appeal bond in E. Jean Carroll's defamation case.
Non-Equity Accelerators: The Future of Accelerating Innovation within Enterprise Organizations
Enterprise organizations are routinely seeking new ways to drive transformation. Recently, market conditions have created a disproportionate advantage for corporates to pursue this transformation by p
UBS Starts Slashing Asia Private Banking Positions as Earnings Fall: Report
UBS reportedly began cutting off Asia private banking personnel as the largest wealth manager in the region struggled with declining revenues.
JPMorgan Chase CEO Jamie Dimon Advises the US Fed to Wait Past June Before Cutting Rates
JPMorgan Chase CEO Jamie Dimon is urging the US Federal Reserve to exercise patience and refrain from cutting interest rates until after June.
Bitcoin Reaches New All-Time High, Surpassing $71,000!
The crypto exchange-traded products allowed entry to the UK market. Financial Conduct Authority (FCA) said it would not oppose solicitations from accredited investment platforms to establish a market
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