Moderna on Thursday posted a surprise profit for the third quarter, smashing Wall Street estimates, as its cost-cutting efforts took hold and sales of its Covid vaccine came in higher than expected. The biotech company posted a net income of $13 million, or 3 cents per share, for the third...
Geneva, Switzerland, November 7th, 2024, FinanceWireDukascopy Bank proudly celebrates 20 years of empowering traders and banking clients worldwide.Since its founding in 2004, Dukascopy has grown into a trusted, innovative leader in the fintech and online trading space, providing clients with advanced tools and a stable platform for smart financial...
Adyen reported a big miss on first-half sales Thursday. The news drove a $20 billion rout in the company's market capitalization .Pavlo Gonchar | Sopa Images | Lightrocket | Getty ImagesAdyen reported a jump in sales in the third quarter as the Dutch payments firm gained wallet share and...
Check out the companies making headlines in extended trading. Qualcomm — The chipmaker popped 4% after posting results for the fiscal fourth quarter that topped Wall Street's expectations. The company also offered a strong outlook for the current quarter. Qualcomm reported adjusted earnings of $2.69 per share on $10.24...
e.l.f Beauty power grip primer.Courtesy: e.l.f BeautyE.l.f. Beauty raised its full-year guidance on Wednesday after posting a 40% growth in sales. Shares of the company rose nearly 10% in after-hours trading.The cosmetics retailer's earnings came in well ahead of expectations on the top and bottom lines and it now expects...
Republican presidential nominee and former U.S. President Donald Trump holds a rally in Saginaw, Michigan, U.S., October 3, 2024. Democratic presidential nominee U.S. Vice President Kamala Harris and Vice-Presidential candidate Tim Walz speaks during a campaign rally and concert in Ann Arbor, Michigan, U.S. October 28, 2024.Brendan McDermid |...
The Federal Trade Commission (FTC) announced on Tuesday it will be taking action against the online cash app and neobank Dave, which it says used “misleading marketing to deceive consumers.” At issue is how Dave marketed $500 cash advances to consumers that it rarely offered, and the “Express Fee”...
Federal Reserve Board Chairman Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, U.S., September 18, 2024. REUTERS/Tom BrennerTom Brenner | ReutersThe Federal Reserve likely will stick to the business at hand when it wraps up...
Geneva, Switzerland, November 7th, 2024,...
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.
Michael Barr, vice chair for supervision of the board of governors of the Federal Reserve, testifies during a House Committee on Financial Services hearing on Oversight of Prudential Regulators, on Capitol Hill in Washington, DC, on May 16, 2023.Mandel Ngan | AFP | Getty ImagesThe Federal Reserve's top banking...
Warren Buffett, chairman and CEO of Berkshire Hathaway, smiles as he plays bridge following the annual Berkshire Hathaway shareholders meeting in Omaha, Nebraska, May 5, 2019.Nati Harnik | APWarren Buffett's Berkshire Hathaway dumped a significant portion of its stake in Activision Blizzard as Microsoft's deal to buy the video game...
In the world of financial technology, software is essential. As an increasing number of organizations develop high-tech solutions that aim to enhance and automate banking and financial services, fintech is helping companies, business owners and consumers better manage their financial lives. Leveraging specialized software and algorithms used on computers and, increasingly, smartphones,...
Traders work on the floor of the New York Stock Exchange during morning trading on July 06, 2023 in New York City.Michael M. Santiago | Getty ImagesThis report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything...
Digital banking holds significant potential in Sub-Saharan Africa, where traditional banking services are often limited in reach. By leveraging mobile technology and new platforms, digital banking can provide access to financial services for the unbanked and underbanked populations. Whilst fostering financial inclusion and economic empowerment. Additionally, it can drive...
As a proud partner of Snowflake, we at Scientific Financial Systems (SFS) were pleased to attend the 2023 Snowflake Summit from June 26- 29 in Las Vegas. At Summit, we joined other data professionals, investment management practitioners, and technology enthusiasts to explore the latest trends and innovations in data...
OKRs are crucial for scaling a fintech startup as they provide a clear roadmap and focus the activities of the teams. There are many reasons why it makes sense for fintechs to consider the method. OKRs enable an organisation to align their efforts toward common objectives and track progress...
