What to watch Salesforce: Ahead of its Thursday earnings report, Salesforce announced a partnership with Workday yesterday to deliver tools aimed at helping companies reopen safely, which sent Salesforce stock up more than 2% in after-hours trading. Salesforce’s share price is up more than 8% in 2020 so far, as the software and services it…
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What to watch Autodesk: Software firm Autodesk’s clients include engineering, architecture, construction firms and more. Its share price has held up well in 2020, gaining 8.8% year-to-date while the broader market has tumbled, taking its 12-month share price gain to 23.8%. Investors will be watching for how the shutdown of construction projects during the pandemic…
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UK stocks sink on GDP figures, US headlines Despite a Friday rally, London-listed stocks sank last week. In addition to the headlines and economic data out of the US, investors also got a view into the impact of the pandemic-induced lockdown on UK GDP, alongside March industrial and manufacturing production numbers. The UK economy shrank…
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What to watch Brookfield Asset Management: Alternative investments giant Brookfield reports its Q1 2020 earnings today, investors will be looking for insight into how the firm is deploying assets to make opportunistic acquisitions during this volatile period. This week, the firm announced that it is setting up a $5bn fund to take stakes in struggling…
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FTSE 100 gains as furlough scheme extended Large cap London-listed stocks enjoyed a positive day yesterday, with the UK market closing before the US sell-off began. Helping sentiment was the news that the Treasury’s furlough scheme, which is currently funding millions of workers to stay at home, is being extended to October. The Bank of…
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The secure nature of the blockchain solution also allows EastNets to restrict malicious actors access and ability to manipulate the watchlist data. Deya Innab, EastNets Chief Strategy and Product Officer, said: We continuously look to new technology as an opportunity to enhance our customer experience. The question will always be: how and which technology should…
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Federighi laid out his vision for CME Group in a letter to the to shareholders filed with the Securities and Exchange Commission. Even as a derivatives trading marketplace, Federighi believes CME Group can explore investment in building energy plants and utilizing the excess energy to mine bitcoin and other cryptocurrencies. Dante Federighi stated in the…
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Crypto market analyst with more than 63,000 followers was accused for photoshopping screenshots to create the impression of more successful trade than reality. Twitter user with the alias “King” posted screenshots on 14 March that allegedly expose that crypto analyst Jacob Canfield has manipulated images of his trade performance to mislead his followers. In response…
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Blockchain.com, cryptocurrency products provider, just launched its new product offering – Borrow which allows users to borrow USD-denominated stablecoins against crypto assets. It is the first major crypto platform to offer lending directly to everyday consumers. Last August Blockchain.com launched institutional lending desk which quickly expanded originations from $10M in the first month to $120M…
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The Supreme Court of India has taken down the Reserve Bank of India’s (RBI) controversial ban on banks’ dealings with crypto-related firms imposed nearly two years ago. The court’s bench of three judges decided on Wednesday in favor of the petitions of crypto exchanges and startups. The RBI made a decision in April 2018 to…
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