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Exclusive: NYSE parent company invests in crypto exchange OKX at $25 billion valuation as part of push into blockchain-based stocks
Last summer, Haider Rafique flew out to Atlanta to meet with the chairman of the company that owns the New York Stock Exchange. What was supposed to be a 30-minute chat turned into a four-hour marathon conversation, recalled Rafique, the global managing partner of corporate affairs at OKX, one of the world’s largest crypto exchanges.“There was great chemistry in how…
Time on his side: Michael Dell the real business icon as Icahn the activist recedes from view
“Time will tell.” The vacuous cliché is a common if pointlessly used idiom of journalists and business executives, traced back to the Greek playwright Euripides, who is usually translated as having said, “Time will explain it all.” However, Michael Dell could have confidentially chanted Mick Jagger’s Rolling Stones anthem “Time is On My Side!”Indeed, it has now been well over a…
Asia faces an energy shock from the Iran war and a closed Strait of Hormuz, as governments halt exports and draw down stockpiles
Asia’s biggest economies are bracing for fuel shortages and higher prices after Iran shut the Strait of Hormuz, a key artery for oil and gas shipments from the Middle East. “Asian countries are particularly reliant on oil and gas from the Gulf region,” Sung Jinseok, a researcher at the National University of Singapore’s Energy Studies Institute, told Fortune. The region is…
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Nvidia’s Stock Soars After Record Earnings and AI Chip Demand Surge
The tech world is abuzz after chipmaker Nvidia (NVDA) released a stellar…
India Revs Up EV Industry: New Policy to Attract Investment
Buckle up, India! The Indian government has shifted into high gear with…
UBS Recommends European Stocks Over US: A Shift in Investment Strategy
In a surprising shift, investment banking giant UBS urges investors to focus…
US Stock Market Watch: Earnings Season Spotlight on Walmart and Market Trends
It's a pivotal week for the US stock market as earnings season…
Chinese EV Makers Brace for Impact: Potential US Tariffs Shake Industry
Chinese electric vehicle (EV) makers feel the shockwaves of a potential US…
Understanding the Recent Turbulence in the Indian Stock Market: Causes and Strategies
The Indian stock market has witnessed a period of turbulence, with the…
Namdev Finvest Secures $15 Million in Series B Funding for Expansion Plans
Jaipur-based non-banking financial company (NBFC) Namdev Finvest has secured a fresh infusion…
AWS Invests $9 Billion in Singapore: Boosting Cloud Infrastructure and AI Development
Amazon Web Services (AWS), the company's cloud computing behemoth, has announced a…
Bank Earnings Insight: Unraveling Consumer Signals in 2024″
As we step into 2024, major US banks, including JPMorgan Chase (JPM), Wells Fargo (WFC), Citigroup (C), and Bank of America (BAC), have recently unveiled their fourth-quarter results, offering a…
