Financial Markets

Finance IT solutions & environmental news on Finance IT |Finance IT solutions & environmental news on Finance IT |Finance IT solutions & environmental news on Finance IT

Binance Token Rises After Trump Stake ReportBinance Token Rises After Trump Stake Report

Binance Token Rises After Trump Stake Report

Binance BNB token rises after WSJ report the Trump family is in talks to secure a stake in Binance's US…

2 weeks ago
Northvolt Files For Bankruptcy In SwedenNorthvolt Files For Bankruptcy In Sweden

Northvolt Files For Bankruptcy In Sweden

After filing for bankruptcy protection in the US last year, struggling EV battery maker Northvolt files for bankruptcy in Sweden

2 weeks ago
Elon Musk’s Tesla Suffers Single Worst Day Sell-OffElon Musk’s Tesla Suffers Single Worst Day Sell-Off

Elon Musk’s Tesla Suffers Single Worst Day Sell-Off

Donald Trump backs billionaire backer Elon Musk and pledges to buy a Tesla, as Tesla EV sales plummet around the…

2 weeks ago
HPE To Axe 2,500 Employees, As Outlook DisappointsHPE To Axe 2,500 Employees, As Outlook Disappoints

HPE To Axe 2,500 Employees, As Outlook Disappoints

Shares in HPE plummet after FY25 outlook disappoints Wall Street, as it confirmed 5 percent of workforce will lose their…

3 weeks ago
Trump Executive Order Establishes Strategic Bitcoin ReserveTrump Executive Order Establishes Strategic Bitcoin Reserve

Trump Executive Order Establishes Strategic Bitcoin Reserve

Cryptocurrencies decline after Trump signed executive order to establish Strategic Bitcoin Reserve and US digital asset stockpile

3 weeks ago
Nvidia FY25 Profit Rises 130 Percent, Amid AI BoomNvidia FY25 Profit Rises 130 Percent, Amid AI Boom

Nvidia FY25 Profit Rises 130 Percent, Amid AI Boom

Despite stunning financial results Nvidia shares were muted, as concern over new chip costs offset optimism over AI demand

4 weeks ago
Tesla Value Declines As European Sales Plummet – ReportTesla Value Declines As European Sales Plummet – Report

Tesla Value Declines As European Sales Plummet – Report

Consequences for Elon? Tesla's market cap falls below $1 trillion as EU, UK sales plummet by almost half in January

4 weeks ago
Bybit Reserves ‘Fully Replenished ‘ After Record $1.5bn Crypto HackBybit Reserves ‘Fully Replenished ‘ After Record $1.5bn Crypto Hack

Bybit Reserves ‘Fully Replenished ‘ After Record $1.5bn Crypto Hack

Bybit says it has replenished its reserves through a mix of emergency loans and large deposits, after huge crypto heist

4 weeks ago
Alibaba Shares Surge On AI PlansAlibaba Shares Surge On AI Plans

Alibaba Shares Surge On AI Plans

Alibaba Group sees 15 percent rise in Hong Kong shares as it announced massive AI spending plans over next three…

1 month ago
Nigeria Sues Binance For $81.5bn For Economic Losses, Back TaxNigeria Sues Binance For $81.5bn For Economic Losses, Back Tax

Nigeria Sues Binance For $81.5bn For Economic Losses, Back Tax

Binance's troubles in Nigeria continue after that country filed a lawsuit seeking nearly $82 billion from the crypto exchange

1 month ago
SEC Files To Pause Legal Battle Against BinanceSEC Files To Pause Legal Battle Against Binance

SEC Files To Pause Legal Battle Against Binance

Donald Trump's crypto friendly SEC seeks to pause high-profile lawsuit against cryptocurrency exchange Binance

1 month ago
Man Pleads Guilty To Hack Of SEC X AccountMan Pleads Guilty To Hack Of SEC X Account

Man Pleads Guilty To Hack Of SEC X Account

Alabama man admits hack of a US Securities and Exchange Commission social media account to manipulate Bitcoin price

1 month ago
DeepSeek Shows China Containment Is ‘Illusion’, Says Deutsche BankDeepSeek Shows China Containment Is ‘Illusion’, Says Deutsche Bank

DeepSeek Shows China Containment Is ‘Illusion’, Says Deutsche Bank

Success of China's DeepSeek helps spur broader interest in Chinese tech stocks, as investors reconsider AI business models

2 months ago
Grayscale Launches Fund Around ‘Joke’ Dogecoin Crypto TokenGrayscale Launches Fund Around ‘Joke’ Dogecoin Crypto Token

Grayscale Launches Fund Around ‘Joke’ Dogecoin Crypto Token

Grayscale Investments launches investment fund focused on Dogecoin, cryptocurrency token originally created as a joke

2 months ago
Apple iPhone Sales Dip Over Christmas Period, Despite AIApple iPhone Sales Dip Over Christmas Period, Despite AI

Apple iPhone Sales Dip Over Christmas Period, Despite AI

Despite heavily touting its AI credentials, iPhone sales slipped over Christmas period, as Apple continues to lose ground in China

2 months ago

OpenAI’s Altman Promises ‘Much Better’ Models After DeepSeek Reveal

OpenAI chief executive Sam Altman promises 'much better' AI models, fast-track release schedule after DeepSeek rattles markets

2 months ago

Point72 Founder Says DeepSeek Is ‘Super Bullish’ For AI Industry

Steve Cohen, founder of hedge fund Point72, says DeepSeek turmoil shows advancement toward artificial superintelligence 'coming quick'

2 months ago

US Probes DeepSeek National Security Implications

US officials investigating DeepSeek national security implications, amidst questions around privacy for AI start-up that rattled markets

2 months ago

DeepSeek Goes Quiet For Lunar New Year After AI Shock

Chinese AI start-up DeepSeek goes into quiet mode for week-long Lunar New Year holiday after shock popularity roils world tech…

2 months ago

Trump Says DeepSeek Is AI ‘Wake-Up Call’

US president Donald Trump says success of DeepSeek's low-cost AI model should be 'wake-up call' to US industry, after market…

2 months ago

Low-Cost Chinese AI Chatbot Roils Tech Stocks

AI chatbot from Chinese start-up DeepSeek jumps to top of iOS free downloads in US, shaving billions off tech stocks…

2 months ago

Bitcoin Retreats From $109,000 Trump Inauguration High

Post inauguration blues? Value of Bitcoin falls from record high, while Donald Trump's token $Trump plunges 20 percent

2 months ago

Donald Trump, Melania Trump Launch Separate Cryptocurrencies

Two new cryptocurrencies are established, as $Trump and $Melania is launched by both Donald Trump and his wife Melania

2 months ago

Outgoing SEC Chair Gary Gensler Lashes Out At Crypto Industry

Parting shots from outgoing SEC chair Gary Gensler, as he warns in interview that crypto industry is “rife with bad…

3 months ago

Bitcoin Hits New High Over $107,000 On Trump Comments

Bitcoin surges more than 5 percent after Trump reaffirms plans for national strategic crypto reserve, as optimism grows

3 months ago

Broadcom Value Jumps Over $1tn On AI Optimism

Broadcom stock price surges 24 percent after company predicts 'massive' opportunity from custom AI chips for large customers

3 months ago

Trump Nominates Cryptocurrency Advocate Paul Atkins As SEC Chair

President-elect Donald Trump nominates a new chairman to head the SEC, who is a noted cryptocurrency advocate

4 months ago

Bitcoin Surges Past $100,000 For First Time, Amid Trump Optimism

Crypto optimism under Trump's presidency, pushes the price of Bitcoin past $100,000 for the first time ever

4 months ago

Celsius Founder Alex Mashinsky Pleads Guilty To Fraud

Founder of former cryptocurrency lender Celsius Network, Alex Mashinsky, pleads guilty to two counts of fraud

4 months ago