• Nov 18, 2024

Revolut gets UK trading license, set to offer UK & EU stock trading

The company, which recently secured a $45 billion valuation making it one of Europe's most valuable fintechs, will now compete with companies such as Trading 212, Freetrade, Hargreaves Lansdown and AJ Bell in the UK trading market. Revolut, which currently has more than 650,000 UK trading customers, earlier operated as a partnership where it offered an investment service through its app and retail customers could buy and sell shares listed in the United States. The company received a UK banking licence in July with some restrictions, ending a three-year wait for the authorisation and removing regulatory uncertainty that had held back its ambitions in Britain.

• Nov 18, 2024

Bitcoin ETFs see a surge with $1.67 billion in net inflows, reflecting rising investor confidence

Similarly, ethereum ETFs brought in $515.2 million last week.

• Nov 18, 2024

TLT Slide Continues as Bond Market Reprices Fed Rate Cuts

Sticky inflation has fixed income investors worried about the rate cut path.

• Nov 18, 2024

Tesla gains on report Trump's team planning federal self-driving vehicle regulations

(Reuters) -Tesla shares rose more than 5% on Monday after Bloomberg News reported that President-elect Donald Trump's transition team was planning to set up federal regulations for autonomous vehicles. The report comes days after Trump named the automaker's CEO, Elon Musk, as a co-head of the incoming administration's government efficiency department.

• Nov 18, 2024

Semler Scientific Added 215 Bitcoin to Holdings, Bringing Stack to 1,273 BTC

Semler Scientific raised $21.5 million through its at-the-market equity offering, purchased 215 BTC.

• Nov 18, 2024

South Africa Sees Breakthrough as Ramaphosa Reforms Win S&P Nod

(Bloomberg) -- A turnaround that investors have bet on in South Africa since President Cyril Ramaphosa returned to power on a mandate for reforms is coming true — at least in the nation’s credit outlook.Most Read from BloombergIn Cleveland, a Forgotten Streetcar Bridge Gets a Long-Awaited LiftParis to Replace Parking Spaces With TreesAmtrak Wins $300 Million to Fix Its Unreliable NJ-to-NYC ServiceA Bug’s Eye View of Mexico City’s Modernist ArchitectureNew York’s Transit Agency Approves $9 Conges

• Nov 18, 2024

Bernstein Analysts Forecast Bitcoin Could Hit $200,000 by 2025

Analysts from the research and brokerage firm Bernstein have identified several catalysts that could drive Bitcoin's price to a target of $200,000 by the end of 2025.

• Nov 18, 2024

Metaplanet Inc. Announces $11.3 Million Bond Issuance for Bitcoin Purchases

Tokyo-based investment firm Metaplanet Inc. has unveiled plans to issue one-year ordinary bonds totaling 1.75 billion yen (approximately $11.3 million), aiming to expand its Bitcoin holdings.

• Nov 18, 2024

App stores face disruption as Messenger platforms enter the gaming market

Messenger-based mini apps open doors for hyper-casual games, challenging traditional app store models.

• Nov 18, 2024

Walmart stock set for best year since 1999 as profits jump

Walmart shares are set for their best yearly gains in over two decades as the retail behemoth's low prices for everyday essentials give it an edge over competitors facing weak demand from budget-conscious consumers. The record jump was sandwiched between a roughly 70% rise in Walmart's stock price in 1997 and 1999. "Organic growth along with a strong balance sheet and low levels of debt make Walmart a very popular stock right now," said Brian Mulberry, client portfolio manager at Zacks Investment Management.