JPMorgan’s Chase & Co.’s digital banking service in the UK is taking steps to protect its customers from cryptocurrency-related fraud and scams. Starting from October 16, Chase UK customers will no longer have the option to make cryptocurrency transactions using their debit cards or by initiating outgoing bank transfers. An email sent to customers … Read more
“Citibank, a part of Citigroup Inc. based in New York, is entering the investment-grade bond market today. This move comes after a gap of four years, mainly because its deposits have started to decrease from the high levels seen during the pandemic. Citibank, which offers services like savings accounts, credit cards, and mortgages, is … Read more
MicroStrategy Inc., a data intelligence firm led by Michael Saylor, has long been renowned for its significant holdings of Bitcoin (BTC). However, recent data has brought an intriguing revelation to light: the company might have potentially garnered greater profits had it invested in Ethereum (ETH) instead. Information sourced from blockchaincenter.net, an analytics platform, indicates … Read more
“A blockchain platform called Fhenix was able to raise $7 million in venture capital funding. The seed funding round was led by Multicoin Capital and Collider Ventures, with participation from several other investors including Node Capital, Bankless, HackVC, TaneLabs, and Metaplanet. The newly acquired capital will be used to launch the public testnet of … Read more
New York’s cannabis authority is planning to issue 1,500 new licenses to address the surplus of marijuana that growers have accumulated due to limited legal sales outlets. Cannabis producers have been holding onto excess marijuana because there are only about two dozen legal retailers in the state. John Kagia, the director of policy for … Read more
New York, an unexpected source of diesel supply, has become a notable diesel exporter as Russia’s ban on fuel exports prompts buyers to seek alternative sources. In the past week, three ships, namely the Mantaro I, the Nord Master, and the Sti Queens, loaded over 1 million barrels of diesel or gasoil combined from New … Read more
Emerging-market stocks have recently experienced a decline, reaching their lowest point since March. This drop is due to several factors, including the strengthening of the US dollar and reduced confidence among US consumers, which has made investors more cautious about taking risks. One of the main concerns contributing to this decline is the expectation … Read more
Fisker Inc’s stock is doing well, up by 5.5% to $5.60 before the market opens. This positive trend is due to a positive report and good news about their electric vehicles. Bank of America has given Fisker Inc a “buy” rating again, believing that investing in their stock is a good idea because it provides … Read more
Apart from a few popular tech stocks, most U.S. stocks haven’t seen much growth in 2023. However, some Wall Street experts are still very optimistic. According to John Butters at FactSet, after analyzing their predictions for individual stock performance in the coming year, it seems that the S&P 500 index could increase by 19% from … Read more
As U.S. stock futures start the day on a downward trend this Tuesday morning, here are a few stocks that could catch the attention of investors today: TD SYNNEX Corporation is set to reveal its quarterly earnings. Analysts predict they’ll earn $2.48 per share with revenue reaching $14.11 million. Currently, TD SYNNEX’s stock is trading … Read more