Category: Forex

July 25, 2024 BY Elizabeth Anderson

Deutsche Bank Reports First Quarterly Loss in Four Years

Germany’s foremost lender indicated that it will not engage in another share buyback this year. When trading closed on Wednesday 24 July 2024, the bank was 8.32% in the red. According to a CNBC report, a €143m net loss applied to investors. The stated poll predicted a net loss of €145m. The firm warned of…

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July 25, 2024 BY Elizabeth Anderson

Australia’s Equity Markets Get Clean Bill Of Health

In its latest market cleanliness report, the financial watchdog emphasised that sound – or clean – financial markets are essential to the economy and empower companies to raise funds, navigate risks and boost investor confidence. The regulator’s chairperson, Joe Longo, stated: Protecting and enhancing the integrity of Australia’s equity markets continues to be a priority…

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July 24, 2024 BY Robert Bell

Tesla Profits Keep Falling in Q2

These results caused an immediate impact on the market, as the TSLA price fell by more than 4% in after-hours trading on the NASDAQ exchange. It’s still the most valuable car manufacturer on the planet, but TSLA’s warnings about lower growth this year have been followed by moves to offer cheaper financing and lower prices.…

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July 24, 2024 BY Elizabeth Anderson

Plum Raises £16m In Latest Funding Round

Among the institutional investors was Greece’s Eurobank, which put up €10m for an equity stake in the company back in December 2023. Others included iGrow Venture Capital, Venture Friends and Ventura Capital. According to Finextra data, more than 5,500 investors from the UK and EU participated in the Crowdcube campaign. This is Crowdcube’s standout crowdfunding…

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July 23, 2024 BY Elizabeth Anderson

Netflix Price Rises Following Strong Results

The results confirmed $4.88 earnings per share. Revenue is at $9.56bn, ensuring that NFLX stays at the top of the streaming industry despite recent challenges that have affected the market since the end of the boom period of COVID restrictions when unprecedented growth was enjoyed. Both the figures were better than analysts had predicted. Perhaps…

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July 23, 2024 BY Elizabeth Anderson

Porsche Considering Buying A Stake In Varta

Bloomberg reported that, according to anonymous sources, Porsche is looking at purchasing a majority share in Varta’s e-mobility segment, underpinned by a minority holding in the overall company. According to Bloomberg, Porsche indicated that it is keeping avenues open to “keep this key technology in Germany”. Porsche has allegedly been investigating battery strategies, such as…

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July 23, 2024 BY Elizabeth Anderson

Europol Report Says Crypto And AI Open Doors For Cybercrimes

Detailed in the authority’s 10th edition of its Internet Organised Crime Threat Assessment (IOCTA), the findings show how millions of people across the EU fell victim to attacks and exploits. According to Europol, this audit is an “in-depth assessment of the key developments, changes and emerging threats in cybercrime” during 2023. It also provides a…

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July 22, 2024 BY Elizabeth Anderson

60/40 Investment Portfolio Poised To Regain Its Popularity

After the 2022 dilemma, many analysts believed that this was the last they would see of this so-called mom-and-pop strategy. However, both stocks and bonds made a comeback and resuscitated this approach. Don’t miss out the latest news, subscribe to LeapRate’s newsletter Yahoo Finance cited Todd Schlanger, a Vanguard senior investment strategist, who stated that…

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