Page 7 - Key Fintech Developments News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Bill, Melinda Gates planning divorce. The first new US airline in a decade. Ford, BMW lead Solid Power round. ‘Long-term solvency’ is a real issue. Market Moving Headline: Historically speaking, the period spanning May to October is generally weak. On average, the S&P 500 is up as high as +2% during this six-month period. “Stocks are up more than 87% from the March lows, suggesting a well-deserved pullback during these troublesome months is quite possible,” LPL Financial Chief Market Strategist Ryan Detrick said in a recent blog post. “But with an accommodative Fed, fiscal and mone...

Sawmills selling faster than they cut. Ray Dalio on understanding money. The knock-on effect of pricey copper. GM making EVs in Mexico from 2023. New York mayor envisions reopening. Parking is devouring American cities. Market Moving Headline: Ford Motor Co. and EBay Inc. disappointed, while Facebook Inc.’s results took it to a record. Apple Inc. wiped out earlier earnings-driven gains on concerns about chip shortages. Amazon.com Inc. climbed after hours on a better-than-estimated revenue forecast, while Twitter Inc. sank amid a lackluster outlook.

Current has added a crypto roadmap. German regulator warns on Binance. Coatue co-leads crypto firm’s round. Wealthfront could expand into crypto. PayU: Global e-commerce outlooks. Sterling Trading improves order tech. Visa looks to enter into crypto heavy. State Street appoints chief architect. LendingPoint recognized, gets award. ChinaFicc selects Genesis for access. Liquid selects Celsius on crypto yield. Public hosting a chat with Lemonade. Rally has raised $57M for innovation. Opera adding decentralized support. Watch Out For This: By 2040, a fleet of more than 30 million self-driving v...

EU will allow in vaccinated travelers. Inside real-time police crime centers. Countries promise rapid aid to India. Market Moving Headline: The S&P 500, Nasdaq 100, Russell 2000, and Dow Jones Industrial Average closed the week out basing, pricing in new information for the next directional move. Key Takeaways: - Ahead: Fed meeting, GDP and Sentiment, earnings. - Markets balancing, position for directional resolve. In the coming sessions, participants will want to pay attention to where the S&P 500 trades in relation to its $4,186.75-$4,110.50 balance area. Any activity above (below) the bala...

Market Moving Headline: JPMorgan Chase & Co. strategists led by Nikolaos Panigirtzoglou noted that the last few times they witnessed such negative price action in Bitcoin, buyers returned in time to prevent deeper slumps. This time, they’re worried. If the largest cryptocurrency isn’t able to break back above $60,000 soon, momentum signals will collapse, the strategists wrote in a note Tuesday. It’s likely traders including Commodity Trading Advisers (CTAs) and crypto funds were at least partly behind the buildup of long Bitcoin futures in recent weeks, as well as the unwind in past day...