Shopify Stock on Track for Worst Day on Record
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08May
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08May
UK challenger bank Monzo nabs another $190M as US expansion beckons
Monzo has raised another £150 million ($190 million), as the challenger bank looks to expand its presence internationally — particularly in the U.S. The new round comes just two months after Monzo raised £340 million ($425 million), meaning the London-based company has now raised north of $610 million in 2024,...
08May
Investing lessons from baseball cards
DETROIT, MI - APRIL 29: A fan trades a baseball card on the trade wall during the 2023 Topps Truck Tour promotion outside of Comerica Park during game one of a doubleheader between the Baltimore Orioles and the Detroit Tigers at Comerica Park on April 29, 2023 in...
08May
Movie slate lacks franchise hits
Ryan Gosling stars in Universal's "The Fall Guy."UniversalFor the first time since 2009, the box office doesn't have a Marvel film to kick off the summer movie season — and it shows.Since the 2008 release of "Iron Man," Marvel Cinematic Universe films have consistently launched this highly lucrative moviegoing...
08May
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08May
Uber (UBER) Q1 2024 earnings
Dara Khosrowshahi, CEO of Uber, speaking on CNBC's Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 17th, 2024.Adam Galici | CNBCUber reported first-quarter results on Wednesday that came in slightly above analysts' estimates for revenue, but the ridesharing company posted an unexpected net...
08May
AB InBev grows revenue with Bud Light boycott impact set to ease
AB InBev Budweiser and Bud Light brand beer cans at a store in the Queens borough of New York on Feb. 28, 2024.Bloomberg | Getty ImagesShares of Belgium's AB InBev rose 5% Wednesday morning after the company posted higher revenue and profit in the first quarter, as analysts said...
08May
Siemens Energy changes leadership at embattled wind turbine unit
Power-generating Siemens 2.37 megawatt (MW) wind turbines are seen at the Ocotillo Wind Energy Facility California, May 29, 2020.Bing Guan | ReutersThe German renewables firm Siemens Energy announced Wednesday that the CEO of its troubled wind turbine unit will be replaced amid "comprehensive restructuring measures."It said in statement that Jochen...
08May
Transforming Financial Services with AI
The fintech sector is currently undergoing a significant transformation, with artificial intelligence (AI) and machine learning at the forefront of this change. These technologies are transforming how financial services operate, injecting unprecedented levels of efficiency and innovation. Machine learning is particularly transformative in various fintech applications, such as personalised...