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Author: Jeffery Carter
For the third year in a row, CNBC is working with market research firm Statista to list the world’s top financial technology companies.Including startups, scaleups and established tech players, the top global fintech list aims to assess companies using an objective, key performance indicator-based methodology.You can find out more information on the research project and methodology by clicking here.Woman using digital tablet and credit card to do shopping.John Lamb | Digital Vision | Getty ImagesApplications are now open for companies to register their information for consideration by Statista’s researchers. To qualify, a company must focus primarily on developing innovative, technology-based financial…
Why AMC Entertainment (AMC) Stock Is Up Today Shares of theater company AMC Entertainment (NYSE:AMC) jumped 6.1% in the pre-market session after the company posted a strong fourth-quarter 2024 performance, far surpassing analysts’ EBITDA forecasts, with adjusted EBITDA more than tripling from last year. Revenue also beat Wall Street estimates, fueled by a strong box office lineup and a 20% jump in attendance. However, despite solid revenue and EBITDA gains, EPS fell well below expectations. Overall, this was a mixed yet decent quarter. The shares closed the day at $3.28, down 0.2% from previous close. Is now the time to…
Apple on Friday released its first developer beta for iOS 18.4, which adds a new “Priority Notifications” feature, powered by Apple Intelligence. The addition aims to help users manage their notifications by prioritizing important alerts and minimizing distractions from less important ones. These priority notifications are displayed in a separate section on the phone’s Lock Screen. Apple Intelligence will analyze which notifications it believes should be shown in this section, but you can still swipe up to view all of your notifications. Currently, the iPhone will sort notifications chronologically, with the most recent alerts displayed on top. With the new…
Here are the most important news items that investors need to start their trading day:1. Rocky runInvestors hope U.S. stocks will rally after a dismal end to the last trading week. Equities tumbled Thursday and Friday, and the S&P 500 and Nasdaq Composite fell 1.7% and 2.5% for the week, respectively. The Dow Jones Industrial Average also dropped 2.5% in its worst week since October. Earnings from Nvidia, among others, will help to drive the market this week. The personal consumption expenditures index, the Federal Reserve’s preferred inflation measure, is also due on Friday. Follow live market updates.2. Getting chippyNvidia…
Gloom and demands for wholesale changes have engulfed cricket-crazy Pakistan after the hosts crashed out of the Champions Trophy in the group stage, barely a week into celebrating the return of a major tournament. The titleholders lost their opening game to New Zealand by 60 runs in Karachi on Wednesday, before Sunday’s six-wicket defeat to archrivals India pushed them to the brink of an early exit. Pakistan needed Bangladesh to beat New Zealand on Monday to keep their slim hopes of a place in the semifinals alive, but the result went the other way. Thursday’s game with Bangladesh in Rawalpindi…
Traders work on the New York Stock Exchange (NYSE) floor on Feb. 20, 2025 in New York City.Spencer Platt | Getty ImagesSpend some time looking at trading volumes, and you’ll notice something interesting: A lot of investors recently are making outsized bets on the stock market.Most of them are long bets, but some are short.It’s easy to see this because there is a growing segment of the ETF business that caters to investors who want to make short-term outsized bets on the stock market.These are leveraged and inverse ETFs. Leveraged ETFs amplify the daily returns of an index or stock…
Roberta Flack, ‘Killing Me Softly’ singer, dead: Grammy winner was 88Roberta Flack, Grammy-winning singer, died at 88. A statement from her representative noted that Flack “died peacefully, surrounded by her family.”Between her smoky voice and cooing ballads, Roberta Flack distinguished herself as a soulful standout.The singer died Monday. She was 88. A statement from her representative noted that Flack “died peacefully, surrounded by her family.”Flack’s manager, Suzanne Koga, said in an appreciation of the multi-genre star, “If Roberta Flack was unlike singers who came before her, there were many who would emulate her in her wake. In fact, her influence…
Jack Dorsey, co-founder of Twitter Inc., speaks during the Bitcoin 2021 conference in Miami, Florida, U.S., on Friday, June 4, 2021.Eva Marie Uzcategui | Bloomberg | Getty ImagesFor over a decade, bitcoin has been lauded as a revolutionary financial asset — decentralized, self-sovereign and resistant to confiscation — all contributing to an astronomical increase in value.But one problem has remained largely unsolved: What happens to your bitcoin when you die?While traditional financial institutions allow for the seamless transfer of stocks, mutual funds and retirement plans, bitcoin’s self-custodial nature makes inheritance and estate planning inherently thorny. Coinbase requires probate court documents…
Credit unions have much to offer their members: They often have low fees, affordable loan interest rates, and highly personalized service. However, one potential drawback of credit unions is that they often have a small geographic footprint. After all, many credit unions serve specific communities or regions and have limited branch locations. Luckily, many credit unions participate in shared branch networks. These networks allow credit union members to bank at other credit unions’ branches as long as they belong to the same shared branch network. If you’re a credit union member (or considering becoming one), read on to learn more…
For years, Meta employees have internally discussed using copyrighted works obtained through legally questionable means to train the company’s AI models, according to court documents unsealed on Thursday. The documents were submitted by plaintiffs in the case Kadrey v. Meta, one of many AI copyright disputes slowly winding through the U.S. court system. The defendant, Meta, claims that training models on IP-protected works, particularly books, is “fair use.” The plaintiffs, who include authors Sarah Silverman and Ta-Nehisi Coates, disagree. Previous materials submitted in the suit alleged that Meta CEO Mark Zuckerberg gave Meta’s AI team the OK to train on copyrighted content…