Today’s Stock Market Recap: AI Stocks Take a Hit Individual Stocks Show Mixed Results At the individual stock level, most stocks in the S&P 500 finished the day higher. However, the weakness was concentrated in stocks that have benefitted the most from the AI rally. Companies like Nvidia and other tech giants saw a decline,…
An analyst’s perspective on Bitcoin’s potential correction The current state of Bitcoin according to an expert analyst An analyst known for making timely Bitcoin calls believes that BTC needs one final leg down before sparking a new parabolic surge. In a strategy session, pseudonymous analyst Credible Crypto tells his 67,800 YouTube subscribers that Bitcoin appears…
Welcome to Coinpedia Fintech News The post UNI whale explains why smart money is moving from TIA & BNB into DeeStream for brighter future Investors shifting focus Investors in the cryptocurrency market are shifting their focus from Celestia (TIA) and Binance Coin (BNB) to DeeStream (DST) for a brighter future. Uniswap (UNI) has been experiencing…
Import Costs Soar as East African States Double Down on Local Industry Protection In a dramatic turn of events, the East African Community (EAC) has thrown its economic landscape into a whirlwind with the implementation of the new Common External Tariff (CET). The tariff, is a measure expected to send import costs soaring. The recently…
Exploring the SPDR Russell 1000 Yield Focus ETF (ONEY) Looking for broad exposure to the Large Cap Value segment of the US equity market? You should consider the SPDR Russell 1000 Yield Focus ETF (ONEY), a passively managed exchange traded fund launched on 12/02/2015. About the SPDR Russell 1000 Yield Focus ETF (ONEY) The SPDR…
Chinese Government Is Pushing Banks To Lend to Private Developers Introduction Despite Beijing’s efforts to rejuvenate the industry through a “whitelist” approach designed to alleviate the sector’s liquidity challenges, major domestic banks have remained cautious, limiting their credit extension to the beleaguered industry, vital for the nation’s economic health. Since 2021, the real estate market…
Wise Platform Partners With Nubank to Enhance International Banking Options Partnership Aims to Enhance International Banking Options Wise Platform, Wise’s infrastructure arm catering to banks, financial institutions, and enterprises globally, has announced a strategic partnership with Nubank, one of Brazil’s financial institutions. This collaboration aims to bolster Nubank’s offerings by introducing a global account and…
Charmingly eccentric, full of personality, and designed for maximum reader engagement Power Solutions International’s Move Towards Data Center Power Systems Power Solutions International’s pivot towards high-margin data center power systems is a strategic decision that has the potential to revolutionize the company’s growth trajectory. With the increasing demand in the data center power market driven…
