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Showing posts with the label Financial News

French fintech Pennylane doubles valuation to $2.2 billion as Alphabet's venture capital arm takes stake

Accounting software startup Pennylane has raised 75 million euros ($83 million) in a new funding round led by Sequoia Capital. Fonte: Finance Publicado via Financial-Mindset

Bitcoin drops Sunday evening as cryptocurrencies join global market rout

Last week, bitcoin bucked the broader market meltdown, holding above $80,000 and rising to end the week. Fonte: Finance Publicado via Financial-Mindset

Tariffs will likely raise much less money than White House projects, economists say

White House trade adviser Peter Navarro said tariffs would raise about $600 billion to $700 billion a year. Economists say that's nearly impossible. Fonte: Finance Publicado via Financial-Mindset

Judge orders CFPB to reinstate fired employees, preserve records and get back to work

Fonte: Finance Publicado via Financial-Mindset

Chinese President Xi Jinping meets with global executives as Beijing focuses on business outreach

U.S. President Donald Trump has raised tariffs by 20% on China since January over its alleged role in the U.S. fentanyl crisis, and threatened a swath of new tariffs. Fonte: Finance Publicado via Financial-Mindset

Pony.ai wins first permit for fully driverless taxi operation in the center of China's Silicon Valley

Chinese robotaxi startup Pony.ai said it has obtained the first permit to charge fares for fully driverless taxis in parts of a business district of Shenzhen. Fonte: Finance Publicado via Financial-Mindset

GameStop shares drop, reversing Wednesday's rally, on planned debt issue to buy bitcoin

The latest sell-off came after the video game chain announced plans to raise $1.3 billion through the sale of convertible senior notes to purchase bitcoin. Fonte: Finance Publicado via Financial-Mindset

Chinese consumer companies signal spending is picking up again

Chinese companies' latest earnings reports point to an improvement in consumer spending, though it's not necessarily back to pre-pandemic levels. Fonte: Finance Publicado via Financial-Mindset

Trump says tariffs coming in April will 'probably be more lenient than reciprocal'

The comments come as investors worry that a more severe approach signaled by the Trump administration would dampen sentiment enough to slow down the economy. Fonte: Finance Publicado via Financial-Mindset

China's artificial intelligence boom might help mitigate some tariff pain

For Chinese companies wary of U.S. tariffs, the big difference between President Donald Trump's first and second terms is generative artificial intelligence. from Finance https://ift.tt/IGlPZa2 via Financial-Mindset

GameStop to invest corporate cash in bitcoin, following in footsteps of MicroStrategy

GameStop's foray into cryptocurrencies marks the latest effort by CEO Ryan Cohen to revive the struggling brick-and-mortar business. from Finance https://ift.tt/hGL95pg via Financial-Mindset

Here's how much Capital One would be worth post-Discover deal, according to one Wall Street firm

In a Tuesday note, BTIG analysts upgraded the financial stock to a buy from a hold-equivalent rating. from Finance https://ift.tt/IMcfnGb via Financial-Mindset

Affirm announces JPMorgan Chase merchants can now offer installment loans at checkout

U.S. merchants who use JPMorgan to handle payments can now add Affirm to their checkout pages, according to a release. from Finance https://ift.tt/ZLO2ejz via Financial-Mindset

China invites U.S. business leaders to Beijing as it tries to decipher Trump's trade plans

China courted the executives of major U.S. businesses this week in a sign of how Beijing seeks to offset trade pressures, rather than retaliate forcefully. from Finance https://ift.tt/IR7Uqd6 via Financial-Mindset

Morgan Stanley's near-term rally call: CIO Mike Wilson sees beaten-up Mag 7 stocks as winners

Morgan Stanley CIO Mike Wilson contends the recent market weakness "has nothing to do with tariffs." from Finance https://ift.tt/AGwn8B3 via Financial-Mindset

Berkshire Hathaway employee wins $1 million in Warren Buffett's March Madness bracket challenge

The 94-year-old Oracle of Omaha was finally able to give out the big prize after relaxing the rules multiple times since the competition's inception in 2016. from Finance https://ift.tt/L58DHcd via Financial-Mindset

Wells Fargo's strong rebound rally continues. How we're playing the move higher

Traders on Monday brushed off price target cuts and, instead, focused on signals that the U.S. may avoid starting a full-blown trade war. from Finance https://ift.tt/xun2tHp via Financial-Mindset

How investors can ready their portfolios for a recession: 'You're looking for balance,' expert says

Forecasters say the odds of a U.S. recession have inched higher. Investors should focus on fundamentals instead of making sweeping portfolio changes. from Finance https://ift.tt/F5Q0y1H via Financial-Mindset

Alibaba-affiliate Ant combines Chinese and U.S. chips to slash AI development costs

Alibaba-affiliate Ant Group is using both Chinese and U.S.-made semiconductors to make its AI more efficient, according to a source familiar with the matter. from Finance https://ift.tt/tDX6lg1 via Financial-Mindset

'Some more banana skins in front of us': Why investors may want to increase exposure to bonds

Two money managers deliver their bull case for fixed income exposure. from Finance https://ift.tt/6y3WdiT via Financial-Mindset