Fintech

O.XYZ Launches OSOL100 AI Index – The S&P 100 of Solana’s AI Ecosystem

Lahore, Pakistan, December 20th, 2024, ChainwireO.XYZ, the leading decentralized Super AI project, announces the launch of OSOL100, a first-of-its-kind AI index token designed to capture the cumulative value of Solana’s top 100 AI projects. This innovative token provides users with direct exposure to Solana’s AI infrastructure, agents, and meme...

Market Insider

Stocks making the biggest moves midday: NVO, AVO, OXY

Check out the companies making headlines in midday trading: JPMorgan , Bank of America , Wells Fargo — The three U.S. banks that dominate transactions on the Zelle payments network all rose around 2% despite a Friday lawsuit from the Consumer Financial Protection Bureau over Zelle payment fraud. Crypto-linked...

Economy

PCE inflation November 2024:

Prices barely moved in November but still held higher than the Federal Reserve's target when looked at from a year ago, according to a Commerce Department measure released Friday.The personal consumption expenditures price index, the Fed's preferred inflation gauge, showed an increase of just 0.1% from October. The measure...

Market Insider

NVO, FDX, SBUX and more

Check out the companies making headlines before the bell. Novo Nordisk – Shares plunged more than 19% after the Danish pharmaceutical giant reported disappointing late-stage trial results for its experimental weight loss drug, CagriSema. Rival obesity drug maker Eli Lilly rose more than 6% following the results. FedEx –...

Economy

Russian central bank surprises markets by holding key rate at 21%

MOSCOW, Russia: The Russian central bank has cut its key interest rate by 300 basis points for a third time since its emergency hike in late February, citing cooling inflation and a recovery in the ruble.KIRILL Kudryavtsev | AFP | Getty ImagesRussia's central bank on Friday unexpectedly left its...

Earnings

FedEx to spin off its freight trucking business

A driver of FedEx stands with packages near a delivery truck during Black Friday preparations in the Georgetown neighborhood of Washington, U.S., November 26, 2024. Benoit Tessier | ReutersFedEx announced the much-anticipated spinoff of its freight trucking division on Thursday, as it restructures operations to focus on its core delivery...

Fintech

FBS Analysts Unveil Key Crypto Trends in 2024 and Market Predictions for 2025

Singapore, Singapore, December 20th, 2024, FinanceWireFBS, a leading global broker, unveils its latest analysis of cryptocurrency market trends for 2024 and predictions for 2025. FBS analysts explore how pivotal events have shaped the digital finance landscape and identify emerging opportunities for the coming year.A Closer Look at 2024According to...

Market Insider

FDX, NKE, X and more

Check out the companies making headlines in after-hours trading. FedEx – Shares rose 8% following the delivery giant's better-than-expected earnings. For its fiscal second quarter, FedEx reported adjusted earnings of $4.05 per share, above the $3.90 per share that analysts surveyed by LSEG were expecting. Revenue, however, came in...

Market Insider

Stocks making the biggest moves midday: DRI, MU, LW, HIMS

Check out the companies making headlines in midday trading. Hims & Hers — Shares of the telehealth startup shares lost more than 10% after the U.S. Food and Drugs Administration said the active ingredient in Eli Lilly's Mounjaro and weight loss drug Zepbound is no longer in shortage ....

Earnings

Micron headed for worst day since 2020 after disappointing guidance

Micron CEO Sanjay Mehrotra speaks before US President Joe Biden delivers remarks on "how the CHIPS and Science Act and his Investing in America agenda are growing the economy and creating jobs," at the Milton J. Rubenstein Museum in Syracuse, New York, on April 25, 2024. Andrew Caballero-Reynolds | AFP...

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Gregg Greenberg spent 14 years as a journalist at TheStreet.com where he wrote the highly popular column "The 5 Dumbest Things on Wall Street This Week". His work has appeared in magazines ranging from Glamour to ESPN the Magazine, and on humor sites such as Points in Case.

Fintech Review

With years of experience dissecting and evaluating the evolving fintech landscape, Fintech Review has become a trusted name in providing insightful, comprehensive, and unbiased reviews of tech-related financial products and services. From the latest advancements in blockchain and cryptocurrencies to cutting-edge payment platforms, robo-advisors, and beyond, Fintech Review keeps a pulse on the innovations that are redefining the financial industry.

JPMorgan to offer online payroll services

Co-founders Eddie Kim, Josh Reeves, and Tomer London of fintech startup Gusto, which handles payroll services for small businesses.Courtesy: Kelly Boynton | GustoJPMorgan Chase is stepping up its appeal to small business customers by planning to offer digital payroll processing, CNBC has learned.The bank has picked San Francisco-based fintech...

Will a new designation join a long list of financial advisor titles?

Wealth managers proudly display a long list of designations and degrees after their signatures  – CFP, MBA, CPA, CFA, etc. – and deservedly so, considering the effort involved in achieving those titles. Katherine Krantz, CEO of the Center for the Macro Specialist Designation, says it’s high time, and of high...

Air Force Secretary Frank Kendall talks Elon Musk, Ukraine, China, AI

U.S. Air Force Secretary Frank Kendall does not shy away from commenting on controversy — even as it relates to the world's richest person and a key Department of Defense contractor.Kendall weighed in Tuesday after Elon Musk acknowledged withholding Starlink satellite service to Ukraine as it planned a surprise attack...

Alts platform CAIS keeps building

CAIS, an alternative investment platform focused on independent financial advisors, said on Thursday it had added a dozen new managers or investment strategies from existing managers to its platform. Apollo Global Management, Ares Management Corporation, Bain Capital, Blue Owl Capital, The Carlyle Group, Fidelity Investments, Franklin Templeton, KKR, Neuberger Berman,...

Tom Berthel steps down as CEO of Berthel Fisher B-Ds, remains at holding company

Broker-dealer industry veteran Tom Berthel is stepping away as CEO from the management of the day-to-day operations of the broker-dealers and registered investment advisor with 360 financial advisors who work with $9.8 billion in client assets. The most prominent of those firms is the independent broker-dealer Berthel Fisher &...