MP Ssemujju criticizes gov’t over arrest of FDC members in Kenya Kira Municipality Member of Parliament, Hon. Ibrahim Ssemujju, has castigated government over the recent arrest of members of opposition party, Forum for Democratic Change (FDC), in neighboring Kenya. Thirty-six FDC leaders were last Tuesday arrested in Kisumu, Kenya and have since been charged with…
The Current State of Bitcoin Amid Global Market Sell-off Bitcoin Shows Resilience Amid Three-Day Global Sell-off In the wake of a global sell-off that has persisted for three days, Bitcoin (BTC) has shown some resilience but remains under pressure. On Friday morning, as traditional markets from the U.S. to Japan experienced declines, Bitcoin rebounded from…
Westinghouse Air Brake Technologies: Fourth-Quarter and Full-Year Earnings Miss Analysts’ Expectations Locomotive technology specialist Westinghouse Air Brake Technologies (WAB) reported their financial results for the fourth quarter and full-year 2024 on Wednesday, February 12. The company’s earnings did not meet the consensus expectations of financial analysts. Fourth-Quarter Results The company reported an adjusted Earnings Per…
At a JPMorgan townhall meeting on Wednesday, CEO Jamie Dimon was asked whether the Trump administration’s decision to abruptly stop work at the Consumer Financial Protection Bureau (CFPB) and question its existence was good news for the industry. The Impact of the CFPB on the Financial Industry The Consumer Financial Protection Bureau was established in…
SoFi Technologies: A 10% Plunge in Shares Amidst Disappointing Guidance On Monday, the financial markets witnessed a significant downturn for SoFi Technologies (SOFI) as shares plummeted by a staggering 10%. The digital financial firm’s disappointing guidance, based on “macro assumptions” about the future, sent ripples through the investment community. SoFi’s Financial Performance: SoFi Technologies, a…
Exciting Leadership Changes at Numinus Wellness Inc. Michael Tan appointed CEO, Payton Nyquvest transitions to Executive Chair It is with great pleasure that we announce some exciting leadership changes at Numinus Wellness Inc. Michael Tan has been appointed as the Chief Executive Officer of the company, while Payton Nyquvest will be transitioning to the role…
The US Dollar’s Struggle Amidst Economic Slowdown Understanding Q4 GDP and Inflation Rates The US Dollar faced challenges as the Q4 GDP growth rate slowed to 2.3%, in line with expectations but representing a deceleration from the previous quarters. This slowdown was accompanied by an inflation rate holding steady at 2.2%, raising concerns about the…
China’s Baidu makes Ernie AI model free Have you heard the news? China’s tech giant Baidu announced on Thursday that its highly advanced artificial intelligence model Ernie will be available for free starting April 1. This is huge news for developers, researchers, and anyone interested in the world of AI. But what exactly does this…
