August 24, 2023 BY Elizabeth Anderson

Nvidia’s $25bn stock buyback increases AI heat

The global leader in AI computing also indicated that it would buy back $25bn in stock, which sent Nvidia shares skyrocketing in a matter of hours. The company’s share price closed at $471.16 on Wednesday, up +3.17% from the previous day’s close. It spiked even more after the bell rang, hitting a record 9.6% increase…

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New bodies join ‘Infrastructure Australia Net Zero Plan 2050’
August 23, 2023 BY Elizabeth Anderson

New bodies join ‘Infrastructure Australia Net Zero Plan 2050’

During the conference, Nicole Lockwood, Independent Chair of Infrastructure Net Zero, noted: Infrastructure embodies, consumes and enables 70% of Australia’s carbon footprint. The tightened targets for 2030 and 2050, the huge pipeline of new projects and the need to adapt to increasing climate shocks have brewed the perfect storm. The time for decisive action is…

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Trading Technologies expand with Abel Noser Solutions acquisition
August 23, 2023 BY Elizabeth Anderson

Trading Technologies expand with Abel Noser Solutions acquisition

This move reflects TT’s expansion into multi-asset data and analytics as part of the diversification of new asset classes. It comes in the wake of the global capital markets technology platform’s establishment of its foreign exchange business line in June. This company has been a principal when it comes to solutions for listed derivatives. As…

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Weekly data: Oil and Gold price action before the NFP
August 22, 2023 BY Elizabeth Anderson

Weekly data: Oil and Gold price action before the NFP

The most important economic data for this week are: On Tuesday the 22nd until Thursday the 24th there will be the BRICS summit held in Johannesburg, South Africa where the leaders of the countries will meet (except President Putin that will attend virtually due to an arrest warrant issued by the International Criminal Court for…

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Thailand Vs. Facebook: crypto scams and fraud
August 22, 2023 BY Elizabeth Anderson

Thailand Vs. Facebook: crypto scams and fraud

On 21 August in Bangkok, Southeast Asia’s second-largest economic hub, Thailand’s Digital Minister, Chaiwut Thanakamanusorn, stated: We are asking the court to close Facebook, not allowing it to provide services in Thailand if they let these fake pages scam people. They can’t do business like this. This reaction followed claims that over 200,000 people in…

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Coinbase Advanced partners with Coinrule for AI-automated trading
August 22, 2023 BY Elizabeth Anderson

Coinbase Advanced partners with Coinrule for AI-automated trading

Essentially, retail traders using Coinbase Advanced can now access Coinrule trading tools to boost their investment portfolios. Among others, this includes the use of profitable bots with which customers can design more than 100,000 different strategies based on variables such as price, technical indicators, and other market indicators. There is also access to a comprehensive…

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European stock market experiences positive change
August 21, 2023 BY Elizabeth Anderson

European stock market experiences positive change

Stocks aren’t the only European market to witness movement this morning; real estate and rental markets are showing a plateau, with UK real estate company Rightmove, reporting a slowing down of the 1.9% year-over-year drop that tackled the beginning of August. However, this news, alongside a profit warning from real estate construction company Crest Nicholson…

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AI innovation extends into the UAE
August 21, 2023 BY Elizabeth Anderson

AI innovation extends into the UAE

This joint venture plans to offer exclusive incentives and benefits to early-worm AI-based companies establishing a presence in Ras AL Khaimah. Those in the RAK DAO network will gain access to its partner’s AI ecosystem. This entails access to things such as services, toolkits, dApps, tech solutions and investment possibilities through grants programmes, venture capital…

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August 21, 2023 BY Elizabeth Anderson

Tottenham Hotspurs names AstroPay as official partner

Spurs chose AstroPay, a leading fintech company in the global arena of digital payments, based on the scope of its loyalty and rewards platforms. This partnership launches a one-of-a-kind Spurs-branded prepaid card that will enable holders to unlock doors to unique benefits and rewards. Fans collect AstroPoints when using this prepaid card and other AstroPay…

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