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Financial News Around the World

31% of new crypto buyers influenced by friends. Here’s why that can be ‘a horrible idea,’ advisor says

A third of new cryptocurrency investors are primarily motivated by friends to make their purchase. It may not always be sage advice, experts warn.

Published 28 April 2023
Categorised as Finance News

Mark Cuban says he could get people to pay $100 for Twitter’s blue checkmarks—Elon Musk’s strategy is a ‘huge mistake’

Billionaire entrepreneur Mark Cuban said Elon Musk made a “huge mistake” with Twitter’s new blue checkmark system. Here’s what he recommended instead.

Published 28 April 2023
Categorised as Finance News

Stocks making the biggest moves midday: First Republic, Snap, Amazon, Intel and more

These are the stocks posting the largest moves in midday trading.

Published 28 April 2023
Categorised as Finance News

Fed report on SVB collapse faults bank’s managers — and central bank regulators

The Fed blamed failures on mismanagement and supervisory missteps, compounded by a dose of social media frenzy.

Published 28 April 2023
Categorised as Finance News

United Airlines’ plan to revamp narrow-body cabins faces supply chain delays

The upgrades include bigger premium cabins, seat-back screens, Bluetooth capabilities and other amenities.

Published 28 April 2023
Categorised as Finance News

Key inflation gauge for the Fed rose 0.3% in March as expected

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Published 28 April 2023
Categorised as Finance News

Stocks making the biggest moves premarket: Snap, Intel, First Solar, Exxon Mobil & more

These are the stocks posting the largest moves in premarket trading.

Published 28 April 2023
Categorised as Finance News

Euro zone economy ekes out 0.1% growth in first quarter, misses expectations as Germany stagnates

The euro zone has published first quarter gross domestic product figures.

Published 28 April 2023
Categorised as Finance News

China’s A.I. chatbots haven’t yet reached the public like ChatGPT did

More than two months since the ChatGPT craze hit China, a similar artificial intelligence-based product has yet to reach the country’s population at large.

Published 28 April 2023
Categorised as Finance News

IMF warns of ‘disorderly’ house price corrections in Europe as interest rates move higher

The IMF said that the European Central Bank needs to be increasing rates until mid-2024 to fight inflation.

Published 28 April 2023
Categorised as Finance News

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