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Shares of corporate travel and expense management provider Navan soared after its latest earnings, but at least two analysts on Wall Street say its growing use of artificial intelligence is a key driver of future upside. Both Goldman Sachs and Loop Capital reiterated bullish recommendation on Navan after it reported fourth-quarter earnings post-market Wednesday. The stock soared more than 37% this week. Navan earned an adjusted 2 cents per share in its latest quarter, while analysts polled by FactSet had estimated a loss of 22 cents per share. Revenue of $177.9 million also topped analysts’ expectations of $162.2 million. Additionally,…
In North Africa and the broader Middle East, fintech discussions increasingly converge on one market due to its unique position as a bridge between both: Egypt. What was once a promising, fast-growing ecosystem has, over the past few years, begun to mature into one of the region’s most significant digital finance hubs.Even a few years back, Egypt’s fintech landscape was defined by early-stage growth, regulatory experimentation and a surge in startup formation. Fast forward to now in 2026, and the picture looks markedly different. The ecosystem has expanded in both depth and scale, underpinned by regulatory momentum, digital infrastructure investment…
President Trump’s latest diplomacy efforts aren’t improving the tone on Wall Street.
Check out the companies making headlines after the bell : MillerKnoll — The furniture stock plunged 17%. MillerKnoll posted fiscal third-quarter adjusted earnings of 43 cents on revenue of $926.6 million. That reflected a year-over-year decline of 2% for adjusted earnings and an increase of 6% for revenue. The company warned of a roughly $8 million to $9 million impact in the fourth quarter tied to the Middle East conflict, stemming from minimal expected shipments to that part of the world as well as higher logistics costs. Karman — Shares were marginally higher after the aerospace and defense company posted…
March 2026 A User’s Guide to Reducing the Federal Reserve’s Balance Sheet Alyssa G. Anderson, Alessandro Barbarino, Anthony M. Diercks, and Stephen Miran Abstract: For the avoidance of doubt: 1) This catalog presents and analyzes a variety of options for reducing the Federal Reserve’s balance sheet. Nothing here is an endorsement of any specific policy option; this is a menu of options. Combined, we estimate these options open the door to balance sheet reduction of $1.2 to $2.1 trillion within the Fed’s current ample reserves framework. While we do not advocate for or against a return to a…
new video loaded: What Soaring Fuel Costs Mean for Your Air TravelThe price of jet fuel has almost doubled since the start of the war. Our reporter Niraj Chokshi, who covers aviation, describes what that will mean for flights.By Niraj Chokshi, Léo Hamelin, Stephanie Swart, Rebecca Suner and Lauren PruittMarch 25, 2026
WASHINGTON—Comptroller of the Currency Jonathan V. Gould today issued remarks at the Financial Stability Oversight Council (FSOC) meeting about the FSOC’s framework for considering the designation of a nonbank financial company. In his remarks, Comptroller Gould shared the OCC’s support for the proposed framework, which wisely reverts to a common-sense approach consistent with the law. Thank you, Mr. Secretary. Earlier in my career, I was directly involved in matters relating to the nonbank designation process. I was part of the team of lawyers and consultants that assisted MetLife over a dozen years ago during FSOC’s attempt to designate and thus…
Investors may want to take a step back as stocks swing amid rising geopolitical tensions.DBi’s Andrew Beer suggests the market’s crystal ball is broken.”It’s not normal for big markets to move as much as they are right now,” the firm’s managing member told CNBC’s “ETF Edge” this week. “Something is deeply wrong in the market’s ability to forecast the state of the world… The only thing we can all do as investors is: This is the moment to plan and to prepare for the worst. You hope for the best.”Beer, who has spent more than three decades in the hedge…
“We don’t think it’s healthy for very young adults to have access to large sums of money without working for it.”
Free NewsletterGet the hottest Fintech Singapore News once a month in your InboxSri Lanka’s national payment network, LankaPay, has launched cross-border QR payment acceptance via China’s Weixin Pay (WeChat Pay).The integration allows inbound travellers to make payments at over 400,000 LANKAQR merchants across the island.With Weixin Pay reportedly serving nearly 900 million monthly active users globally, the partnership aims to reduce friction at points of sale for Chinese tourists.Sri Lanka Tourism Development Authority (SLTDA) Chairman Buddhika Hewawasam said the industry is preparing for a possible 30% to 40% decline in the European market due to global crises.The initiative also seeks…
