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Financial News Around the World

Chinese AI startup takes aim at OpenAI’s Sora with image-to-video tool launch

Beijing-based Shengshu Technology updated its artificial intelligence-powered text-to-video tool Vidu for generating videos based on separate images.

Published 14 November 2024
Categorised as Finance News

Stocks making the biggest moves after hours: Ibotta, Cisco Systems, CNH Industrial and more

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

Published 13 November 2024
Categorised as Finance News

Stocks making the biggest moves midday: Rivian, Cava, Rocket Lab, Amgen and more

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

Published 13 November 2024
Categorised as Finance News

Banks are reporting a tenfold surge in digital scams, cybersecurity firm BioCatch says

Banks are under pressure to kick criminals off their platforms and compensate more victims as regulators and lawmakers focus on the harm done by digital scams.

Published 13 November 2024
Categorised as Finance News

Annual inflation rate hit 2.6% in October, meeting expectations

The consumer price index was expected to increase 0.2% in October and show a 2.6% 12-month rate.

Published 13 November 2024
Categorised as Finance News

Personal luxury goods market to shrink for first time since the 2008 financial crash, research finds

The personal luxury goods market looks set to face its first slowdown since the Global Financial Crisis, excluding the Covid period, a new report showed Wednesday.

Published 13 November 2024
Categorised as Finance News

Stocks making the biggest moves premarket: Cava, Spotify Technologies, Rocket Lab and more

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

Published 13 November 2024
Categorised as Finance News

Stocks making the biggest moves after hours: Spotify Technology, Cava, Rivian Automotive and more

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

Published 12 November 2024
Categorised as Finance News

Stocks making the biggest moves midday: Shopify, Honeywell, GE Vernova, Twilio and more

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

Published 12 November 2024
Categorised as Finance News

Hedge funds performed better under Democratic presidents than Republican ones, history shows

Hedge funds actually generate more alpha when the White House is occupied by a Democrat president than a Republican one, according to HFR.

Published 12 November 2024
Categorised as Finance News

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