Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. In an all-around positive session for the US stocks, Nvidia’s (NASDAQ: NVDA) shares climbed 2.2% on Monday to $504.20 – a fresh record high for the chipmaker. The surge to a new peak came […]
Category: STO News
Earnings Review: LOW Reports a 7.4% Decrease in Comparable Sales
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Key Highlights Revenue Shortfall: Lowe’s reported total sales of $20.5 billion, slightly below the expected $20.88 billion, with a 7.4% decrease in comparable sales due to a decline in DIY discretionary spending. EPS Exceeds […]
Earnings Review: Zoom Reports EPS of $1.29 Beating Expectations
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Key Highlights Revenue Exceeds Expectations: Zoom reported a total revenue of $1.137 billion, surpassing the expected $1.13 billion and marking a 3% year-over-year increase. Earnings Per Share Outperformance: Non-GAAP diluted earnings per share reached […]
Smart FX Clearing by LCH Set to Slash Capital Needs in 2024
Quantile and LCH ForexClear, part of the London Stock Exchange Group’s (LSEG) post-trade businesses, introduced the first FX Smart Clearing service to the financial market. Officially launched on November 15th, this service presents a strategic method for clearing FX Forwards, aiming to diminish capital requirements and mitigate counterparty risk. Quantile And LCH ForexClear Launch FX […]
Amazon Astro: The Business Security Robot?
Amazon has announced that Astro, its home-monitoring robot, is entering into the field of business security. Buckle up, SMBs—Astro for Business is here to take care of everything, minus the shrunken uniform, sunglasses and donuts. Astro – From Household Buddy to Security Guard Shopping and tech giant Amazon has announced that Astro, the household […]
Altman’s Exit and ERNIE’s Entrance
In a surprising turn of events, the AI landscape is experiencing seismic shifts, with two major players on opposite sides of the globe making headlines. OpenAI’s Turmoil: An Unsettled Future As the dust settles from the unexpected departure of Sam Altman from OpenAI, questions about the future of the AI powerhouse linger, opening avenues for […]
Beirut-Based PrimaCapital Emerges: Ali Marwani’s Financial Venture
In the financial markets, Ali Marwani has embarked on a new venture. He has founded PrimaCapital, a retail Forex and CFD brokerage with operations based in Beirut, Lebanon. PrimaCapital’s Challenges and Evolution PrimaCapital, accessible through its website at prima-capital.com, is set to offer a range of trading options, including Contracts for Difference (CFDs) on the […]
CredixFinance (CREDIX) plunges 100% after Rug Pull
CREDIX token value has plunged by 100%. The price drop is attributed to a Rug Pull as reported PeckShieldAlert. The rug pull involved a wallet address that executed a swap transaction. In a recent turn of events, the cryptocurrency CredixFinance (CREDIX) has experienced a staggering 100% decline, leaving investors and the crypto community in disbelief. […]
CFDs Marketing Expert Laoura Salveta Joins Cointelegraph
Laoura Salveta, a well-known marketing executive in the forex and contracts for differences (CFDs) space, has joined the crypto-focused media outlet Cointelegraph as a Marketing Advisor. Finance Magnates learned about her new role at the ongoing Finance Magnates London Summit (FMLS:23). Executives Revealing Their New Roles at FMLS:23 Salveta is also going to participate in […]
News Nuggets | 21 November: FCA and FMA Warns against Clones and Fraudsters
Financial Alerts: OmegaMining-FX and Indices Access Group Scams New Zealand’s Financial Markets Authority (FMA) has issued warnings about OmegaMining-FX and Indices Access Group. OmegaMining-FX has been flagged for using a legitimate company’s details fraudulently, while Indices Access Group has been involved in unsolicited and potentially illegal share offerings. Both entities are not registered on the […]
