Super Micro Computer (SMCI) said in a filing with the Securities and Exchange Commission late Monday that it has submitted a compliance plan to avoid delisting from the Nasdaq. The company said its compliance plan shows it is on track to submit delayed filings to the SEC “and become current with its periodic reports within […]
Financial advice can be a sensitive topic – those giving it don’t want to mislead customers, while customers are wary about the level of trust they can place in their advisers. Nonetheless, done correctly, investing can be a very beneficial way for someone to use their funds. This November we are exploring all the aspects of […]
The UK Fintech ecosystem has been ranked third in Q3 2024, despite decline in funding, according to an update from Tracxn. Fintech funding in countries across the globe continues to experience shifts in moment due to a wide range of factors including the rise of startups, the overall socioeconomic environment, government policies and regulations, as well […]
Stocks took a breather on Thursday (Nov. 14), but the general trend of the FinTech IPO Index was up and to the right. This week, as has been seen through the last several weeks, earnings continued to roll in, as buy now, pay later (BNPL) continued to make a splash. Sezzle continued its torrid post-earnings pace. […]
Asia-Pacific stocks mostly rose Monday as markets kickstarted what ING calls a “quiet” week for economic data from the region. Key data this week from Asia will include China’s loan prime rate, set to be released Wednesday. ING said no change is expected in China’s LPR, with the one-year rate currently at 3.1% and the […]
The feverish post-election stock market rally came to a screeching halt last week. For the week, the S&P 500 (^GSPC) fell more than 2%, while the Dow Jones Industrial Average (^DJI) shed more than 500 points or nearly 1.3%. The tech-heavy Nasdaq Composite (^IXIC) sank over 3%. Two firm inflation readings and commentary from Federal […]
Russia’s state-owned natural gas company Gazprom stopped supplies to Austria early Saturday, according to the Vienna-based utility OMV, after OMV said it would stop payments for the gas following an arbitration award. The official cutoff of supplies before dawn Saturday came after Austrian Chancellor Karl Nehammer on Friday held a hastily called news conference to […]
A year in the making, the NPV addresses the findings of the 2023 Future of Payment’s Review, outlining the government’s ambitions for building a payments ecosystem delivered on next generation technology that delivers economic growth. Tulip Siddiq, economic secretary to the Treasury, says: “The National Payments Vision…sets out the government’s ambitions for this vital sector, […]
October’s retail sales data was strong, with the headline figure rising 0.4%. FWDBONDS LLC chief economist Chris Rupkey joins Catalysts to discuss the implications for the broader market and the Federal Reserve’s policy outlook. Rupkey notes that the Fed has already provided the market with “a game plan,” referencing a statement from Fed Chair Jerome […]
Reeves outlined her plan to reforming the pension system: Local Government Pension Schemes in England and Wales will become megafunds. This move could boost savings in pension pots as well as unlock £80 billion in new investment for businesses and infrastructure. Reeves continued to say that trillions of pounds will be mobilised into green energy, […]
Palantir shares continued their torrid run on Friday, soaring 11% to a record, after the developer of software for the military announced plans to transfer its listing to the Nasdaq from the New York Stock Exchange. The stock jumped past $65.77 at the close, lifting the company’s market cap to $150 billion. The shares are […]
The price of gold was seemingly on a never-ending price surge throughout most of 2024. Starting the year priced at just $2,063.73 per ounce, the precious metal soared past the $2,700 mark in late October, with many experts predicting that it could surpass $3,000, perhaps before the end of the year. But that price run […]
