Author: Admin

Check out the companies making the biggest moves midday: Guidewire Software — Shares of the platform for insurers plummeted 21% after revenue guidance for the current quarter fell short of expectations. Guidewire sees revenue ranging from $372 million to $378 million, versus the LSEG consensus estimate of $387 million. Full-year revenue guidance ranged from $1.71 billion to $1.73 billion, versus the $1.70 billion estimate. Tesla — The electric vehicle company’s stock dropped 6%. The National Highway Traffic Safety Administration announced an investigation into whether Tesla’s Cybercab is compliant with all federal safety standards. The announcement came after the company launched…

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ATU Images | The Image Bank | Getty ImagesSugar is getting a lot less sweet for buyers. Sugar prices surged 21.5% in August, marking its strongest monthly gain since October 2010, when it rose 24%. The United Nation’s Food and Agriculture Organization Food Price Index also rose in August amid broad-based increases, led by sugar. “The surge reflected expectations of lower sugar beet yields in the European Union due to adverse weather, concerns over the impact of El Niño on production prospects in key producing countries in Asia, lower sugar production in Brazil, and India’s announcement of duty-free raw sugar…

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Free NewsletterGet the hottest Fintech Singapore News once a month in your InboxBrazil’s central bank has granted Ant International a payment institution licence.Ant International already offers services in the country through Antom, its merchant payment and digitalisation platform.Antom enables businesses to accept Pix, credit cards and other payment methods.The company also provides embedded credit and treasury services, as well as financial AI and blockchain solutions.Ant International processes more than 20 million transactions a day and connects two billion consumer accounts with 150 million merchants worldwide, according to the company.Rodrigo Reif“With the Central Bank’s invaluable support, we are ready to step…

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(RTTNews) – The Malaysia stock market on Friday wrote a finish to the seven-day winning streak in which it had surged almost 80 points or 4.8 percent. The Kuala Lumpur Composite Index now rests just beneath the 1,605-point plateau and the losses may accelerate on Monday. The global forecast for the Asian markets is negative due to the ongoing uncertainty created by fears that Russia will imminently invade Ukraine. The European and U.S. markets were down and the Asian bourses are tipped to open in similar fashion. The KLCI finished slightly lower on Friday as losses from the financials and…

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Christopher Waller has pushed back on Kevin Warsh’s sports officiating analogy and said he would support a rate hold at the Federal Open Market Committee’s (FOMC) September meeting if new data justified it.The governor told Reuters on September 3 that he preferred to not let “perfection become the enemy of the good” when explaining how the committee might set the Federal Reserve’s monetary policy.Waller pushed back on the Fed chair’s call for markets to “play the ball, not the referee” when it Only users who have a paid subscription or are part of a corporate subscription are able to print…

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According to average rates from the Zillow lender marketplace, mortgage rates are lower heading into the weekend compared to Friday. The current 30-year fixed rate today, Saturday, September 5, 2026, fell by 4 basis points to 6.67%, the 15-year fixed rate decreased by 10 basis points to 6.04%, and the 5/1 ARM fell by 39 basis points to 6.64%. (Note: The 5/1 ARM was up 39 basis points the previous day.) Read more: Weekly survey of mortgage lenders with the lowest rates: Minor pricing changes Today’s mortgage rates Here are the current mortgage rates today, Saturday, September 5, 2026, according…

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S&P 500 profits have expanded for 12 straight quarters, showing powerful momentum that reaches far beyond Big Tech. That sets a strong backdrop for the start of Q3 earnings season, which begins Thursday, September 10th, with quarterly reports from Oracle ORCL and Adobe ADBE.The quarterly chart below details actual results alongside Q3 2026 growth expectations and forward projections.Image Source: Zacks Investment ResearchAs you can see here, 2026 Q3 earnings for the S&P 500 index are expected to increase by +23% from the same period last year on +11.2% higher revenues. This would follow the unusually strong showing in 2026 Q2.The…

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As the US midterm elections approach, the digital assets industry finds itself at a critical regulatory inflection point. Gone are the days of speculative wild-west debates; today, blockchain technology, stablecoins and tokenization are rapidly integrating into the core plumbing of global financial systems. Despite notable progress, regulatory uncertainty persists. To understand the stakes and specific legislative needs, the Investing News Network gathered commentary from several prominent founders, investors and industry leaders, who shared their perspectives on what the next Congress must prioritize. The investor’s perspective: Seeking long-term predictability For venture capitalists and asset managers, regulatory flip-flops across different administrations create…

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