Tag Archives: Market News

CoinspeakerBaidu Records 15% Growth in Q2 2023 Revenue, CEO Attributes Increase to Advertising The CEO of Baidu disclosed that the company saw accelerated revenue and profit growth in the Q2 of 2023 due to the good performance of the online marketing business and operating leverage. Baidu Records 15% Growth in Q2 2023 Revenue, CEO Attributes Increase to Advertising

CoinspeakerUS Salary Expectations Reach New Heights, Raising Inflation Concerns As wage expectations surge to unprecedented heights, economists and policymakers keep a vigilant eye on the broader implications for inflation and monetary policy. US Salary Expectations Reach New Heights, Raising Inflation Concerns

CoinspeakerEuropean Stock Markets Show Cautious Gains after Positive Weekly Start Meanwhile, investors are closely eyeing the natural gas market, where prices experienced a significant surge on Monday. European Stock Markets Show Cautious Gains after Positive Weekly Start

CoinspeakerUnknown Bitcoin Wallet Is Third-Largest BTC Holder in World after Collecting More than $3B Worth in Less than 4 Months Although unknown, many believe the Bitcoin wallet may belong to a major crypto exchange moving money around, or asset manager Blackrock Inc. Unknown Bitcoin Wallet Is Third-Largest BTC Holder in World after Collecting More than $3B Worth in Less than 4 Months

CoinspeakerMicrosoft Submits Restructured Agreement for Activision Blizzard Acquisition amid Regulatory Challenges In response to the initial rejection, Microsoft has introduced a new proposal that both companies have mutually accepted. The terms of this agreement have been adjusted to align with the stipulations of the UK Competition and Markets Authority. Microsoft Submits Restructured Agreement for Activision Blizzard Acquisition amid Regulatory...

CoinspeakerGoldman Sachs Selling Its Investment Advisory Business as It Suspends Attempts at Mass Market Businesses Goldman Sachs has endured from losses from trying to cater to the broader market and is now looking to sell its investment advisor. Goldman Sachs Selling Its Investment Advisory Business as It Suspends Attempts at Mass Market Businesses

CoinspeakerJio Financial Services (JFS) Drops 5% in Share Price Following Market Debut Despite recording a reduced valuation, JFS remains the third-largest non-banking financial company in India. Jio Financial Services (JFS) Drops 5% in Share Price Following Market Debut

CoinspeakerUS Dollar Remains Steady as China Surprises by Keeping 5-Year Interest Rates Unchanged China keeping the fiver-year loan rates unchanged has put breaks on the five weeks rally in the US Dollar. Investors now wait for the Federal Reserve's Jackson Hole symposium for any further guidance. US Dollar Remains Steady as China Surprises by Keeping 5-Year Interest Rates Unchanged

CoinspeakerStripe Rival Adyen Loses $20 Billion in One Day as Shares Plunge Following Poor H1 Report Adyen published its slowest growth for a half-year since 2018 and lost $20 billion of its market valuation as shares also fell 39%. Stripe Rival Adyen Loses $20 Billion in One Day as Shares Plunge Following Poor H1 Report

CoinspeakerCrypto Exchange FTX Adapts New Settlement Approach after Objections from US Trustees  The US Trustee had initially flagged concerns about disparities within the previous motion. Crypto Exchange FTX Adapts New Settlement Approach after Objections from US Trustees