Oobit has expanded its Tether-backed non-custodial crypto payments platform to Guatemala and Paraguay, extending its Latin American footprint as demand for stablecoin-based payments continues to grow across the region. The launch allows users in both countries to spend and send cryptocurrencies anywhere Visa is accepted, covering more than 150 million merchants worldwide across online and
ServiceNow NOW and Salesforce shares climbed 5% on Wednesday after Guggenheim upgraded the software companies, arguing that their valuations have become attractive despite ongoing risks posed by artificial intelligence. The upgrade comes after a difficult year for enterprise software stocks, with investors reassessing growth prospects as AI reshapes the industry. ServiceNow shares are down 33%
Nvidia stock (NVDA) edged lower on Wednesday as investors appeared to take profits across semiconductor stocks following a record-breaking first half for the sector. Shares of Nvidia fell 2.15% to $195.79 in early trading. The decline came after the stock gained 2.6% on Tuesday and reclaimed the $200 level for the first time in several
The UK’s benchmark FTSE 100 index edged higher on Tuesday, supported by gains in industrial mining, and financial stocks, as investor sentiment improved on optimism surrounding a ceasefire in the Middle East. The blue-chip index was also on course to register its sixth consecutive quarterly gain. By 0904 GMT, the internationally focused FTSE 100 was
Britain’s competition regulator on Tuesday proposed measures that would allow app developers to direct users to alternative payment options outside Apple and Google app stores. The move is aimed at reducing fees for developers and promoting greater competition in the digital marketplace. CMA seeks to remove payment restrictions The UK Competition and Markets Authority (CMA)
Magnificent 7 stocks have retreated sharply this year and erased over $2.3 trillion in value. The closely-watched Roundhill Magnificent 7 ETF (MAGS) dropped to $60.80 from the year-to-date high of $71.17. Most companies in the group have dived in the past few months. Nvidia, the world’s largest company, has dropped by nearly 20% from its
The recent US Supreme Court ruling on IEEPA tariffs has created a potentially significant refund opportunity for exporters worldwide, including those in India. While headline estimates suggest billions of dollars in duties could be reclaimed, the reality is far more complex, with eligibility hinging on shipping terms, importer status, and a multi-layered filing process. For
Wall Street opened little changed on Tuesday as investors entered the final trading session of the quarter. Markets remained on track to wrap up one of their strongest quarterly performances in years despite lingering geopolitical tensions and concerns over artificial intelligence spending. The Dow Jones Industrial Average was down 101 points while the S&P 500
Investors ended June on an uneasy note as concerns over the sustainability of the artificial intelligence boom, elevated interest rates and fears of rising inflation sparked sharp swings across US equities. But while the recent pullback dented sentiment, several strategists believe July could mark the beginning of a fresh leg higher for stocks, supported by
AeroVironment stock price surged in the extended hours, paring back some of the recent losses, after the company announced strong financial results amid the ongoing demand for drones. AVAV shares jumped by over 20%, its best daily performance this year. It reached a high of $168 from the year-to-date low of $135. AeroVironment stock jumps