Apple is believed to have had 2,000 employees working on the EV project at its height, but has never officially confirmed how far it has got with it. It has now been reported that Apple is still years away from producing a car, which has led to the firm pulling the plug to concentrate on…
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The S&P 500 gained its last 1,000 points steadily over a couple of years. It finally broke the 5,000 barrier earlier this month after a streak of winning weeks among signs of inflation easing and a few excellent earnings reports by major companies. This has led to speculation about how long it may be until…
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With predicted revenue for Q1 listed at $1.13bn, these positive results led to a surge in the ZM share price on the Nasdaq, taking the market cap to $20.76bn in the process. As part of the results announcement, ZM also confirmed that it will be buying back up to $1.5bn of its shares. While the…
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The FCA investigation was launched in January this year, following complaints from members of the public who believe they were charged too much commission to arrange finance for car purchases. According to the Financial Ombudsman, around 17,000 complaints have been received so far. This raises the prospect of the bank being forced to pay compensation…
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This massive gain overtook the previous best day of trading set by Facebook owner Meta Platforms Inc. (META) when it added $196bn to its value on February 2 this year. Analysts had hotly tipped NVDA to make huge profits thanks to its groundbreaking artificial intelligence (AI) technologies; however, even those analysts were taken aback by…
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This acknowledgement underscores the exceptional work environment and remarkable levels of employee satisfaction maintained by the company. This global recognition is a crowning achievement following three consecutive years of obtaining the certificate in Cyprus, between 2021 and 2023. The awarded certificate is based on a rigorous evaluation of a multi-disciplinary range of criteria, such as…
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Trade Processor is a liquidity bridge connecting users to liquidity providers, allowing for handling risks and collecting statistics from several trading servers. Clients can also switch orders between liquidity providers and set up a backup liquidity provider. Don’t miss out the latest news, subscribe to LeapRate’s newsletter The AI-powered assistant aims to offer daily users…
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The push to this financial pinnacle is driven by the interaction of Artificial Intelligence (AI) and Generative AI, which has received added momentum due to OpenAI's ChatGPT launch. Fintech steers the way in building tailor-made tools to ensure transaction security, availability, and ease of use for consumers and traders. This development is not only about…
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ATFX MENA is a subsidiary of ATFX Capital Group Limited, a UK-founded derivatives broker regulated in various countries, including the United Arab Emirates, Seychelles, the United Kingdom, Mauritius, Australia, and Cyprus. Don’t miss out the latest news, subscribe to LeapRate’s newsletter Singh has significant experience working in the financial industry in roles with companies like…
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The products continue to receive billions of dollars in weekly inflows. The latest data from CoinShares reveals a record $2.45 bn was funnelled into crypto ETFs last week, with Bitcoin (BTC) constituting 99% of those funds. Consequently, BTC reached a yearly high of $52,868. Most appealing to investors was BlackRock's IShares Bitcoin ETF, which attracted…
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