Antreas Themistokleous, an analyst at Exness stated: As of 30/04/2023, the company's current ratio is around 140% showing that the company is able to repay its short-term liabilities with the current assets in hand. Also, what is important to mention is that the debt-to-equity ratio is near all-time low (currently at 16%), indicating that the…
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A world leader in payments, the company now finds its policies regarding this tokenisation initiative under the DOJ microscope. Visa confirmed that the department’s antitrust arm requested information on US-based debit card practices in May 2023. When using tokenisation technology, those with sensitive card numbers can use a token to make payments. This token is…
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Photo and video footage on social media showed cars and people lining up outside ATMs in various locations, such as Dublin and Lisduggan, among others, to scoop some “free” cash. Images of police guarding various pay points also did the rounds. Reportedly, the bank’s online app experienced a glitch that let customers transfer non-existent funds…
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The weekly timeframe shows price action recently dropped in on support from $1,898, a level sharing chart space closely with a descending resistance-turned-support level taken from the high of $2,070. Adding weight to this support is the daily timeframe’s 200-day simple moving average at $1,902. This dynamic value, alongside being used for trend identification (it…
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BAM stated that the regulator’s requests for information were overly “broad” and “unduly burdensome”. In the motion for the protective order, the company stated: The Consent Order authorized “limited expedited discovery” on a narrow set of topics—namely, the custody, security, and availability of BAM customer assets. Instead of seeking “limited” discovery, the SEC has spent…
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Worth an estimated $85bn, the Vietnamese electric vehicle manufacturer’s market capitalisation shot past that of General Motors Co. and Ford Motor Co. This company entered the market after merging with Black Spade Acquisition Co. At closing, it topped the closing price of the SPAC with 255%, making it the best-performing de-SPAC on the Nasdaq so…
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The integration of Takeprofit Liquidity Hub with Advanced Markets Group's robust Liquidity Pool will create a powerful ecosystem, granting traders, brokers, and financial institutions broader access to financial instruments and, therefore, the ability to optimize their trading strategies. The key highlights of this partnership include: Expanded Liquidity Pool: Retail Forex brokers using Takeprofit Liquidity Hub…
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The questionable news snippet surfaced via EQS, a German-based outfit that reports on financial news. It alleged that Ripplewood, an established New York-based investment company, wanted to source ChatGPT technology to plot market trends and drive investment decisions. An extract from this news release read: “Through the use of artificial intelligence, investors should benefit from…
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Taxed with leading the company into the future and managing its infrastructure of extensive global payments, the successful candidate had to have a wide experience of technology and leadership skills to drive growth across the entire PayPal scope. Chriss ticked all the key metric boxes and received unanimous backing from the board and CEO search…
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Darren Morgan, Director of Economic Statistics at ONS, suggested that hot weather and an extra May bank holiday for the coronation of King Charles III helped to shake off further decline. Despite these factors, the cost-of-living crisis has been driven by the highest inflation in 4 decades, interest rate hikes on fixed-rate mortgages and a…
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