Author: Admin

Autonomous driving company Wayve has hit an $8.6 billion valuation after securing fresh funds from Nvidia, Microsoft and Uber.The $1.2 billion Series D round was led by Eclipse, Balderton and SoftBank Vision Fund 2 and also featured automakers Mercedes-Benz, Nissan and Stellantis.Uber will invest up to an additional $300 million in milestone-based capital.”We are building for a total addressable market that spans every vehicle that moves,” Alex Kendall, Wayve CEO, said in a statement.”This investment accelerates our path to widespread commercial deployment and positions us to build the autonomy layer that will power any vehicle everywhere,” he added.Founded in 2017,…

Soybeans posted gains of 4 to 5 ½ cents in most front months on Tuesday. The cmdtyView national average Cash Bean price was up 5 1/2 cents at $10.75 3/4. Soymeal futures were up 20 cents to $2 in the front months, with. Soy Oil futures up 42 to 64 points.With just 3 days left for price discovery for the spring base price for Crop Insurance, November soybeans have averaged $11.05 this month. That would be up 51 cents from 2025.  Don’t Miss a Day: From crude oil to coffee, sign up free for Barchart’s best-in-class commodity analysis.   ANEC estimates the…

In the past five years, we have lived through a global pandemic, the sharpest synchronised inflation surge in decades, the fastest global monetary tightening cycle since the early 1980s, and now a world shaped by persistent geopolitical tensions, economic fragmentation and volatile climate shocks.For central banks, this has been a period of great uncertainty – about the nature of the shocks hitting national economies, the stability of inflation dynamics and even the structure of the global Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.To access these options,…

Tether USDT$1.0002, the world’s largest stablecoin by market value, continues to shrink and looks set for a second straight monthly contraction, signaling challenging conditions for a sustainable broader market recovery.Tether’s market capitalization has dropped by 0.8% to $183.61 billion this month, extending January’s 1% slide from a record $186.84 billion, according to data source CoinDesk. This hasn’t happened since TerraForm Labs’ collapse in 2022, which wiped out billions in investor wealth and shook investor confidence in stablecoins.”Stablecoins are the fuel that powers crypto markets. When the fuel drains, everything slows down, and that is exactly what we are watching unfold,”…

Key PointsCitrini Research published a report that describes an AI doomsday scenario where white-collar unemployment spikes, which brings about a recession and stock market crash.Investors should look to the internet boom for historical context; while the internet undoubtedly displaced workers, the economy adapted as new industries were born.The S&P 500 has returned 2,570% (11.1% annually) since the internet boom gained momentum in 1995; the AI revolution will probably follow a similar path.10 stocks we like better than S&P 500 Index ›The S&P 500 (SNPINDEX: ^GSPC), Nasdaq Composite (NASDAQINDEX: ^IXIC), and Dow Jones Industrial Average (DJINDICES: ^DJI) dropped sharply on Monday…

Steve Boms explains how open finance and Section 1033 could reshape competition, inclusion, and fintech growth in the U.S. financial system.  By Steve Boms, Executive Director, FDATA.     Discover top fintech news and events! Subscribe to FinTech Weekly’s newsletter Read by executives at JP Morgan, Coinbase, Blackrock, Klarna and more     In the United States, competition in financial services has long been driven by innovation. From ATMs to remote check deposit and peer-to-peer payments to cash-flow underwriting, new technologies have expanded consumer choice and convenience. The next phase of financial innovation, however, depends on a more fundamental issue:…

Exclusive-Ex-BOJ chief Kuroda calls for rate hikes, tighter fiscal policy

In a market where valuations are elevated and volatility can return quickly, investors are rewarding companies that combine high earnings growth with financial strength. Screening for stocks with: EPS growth above 20%. Low debt-to-equity ratios. Strong free cash flow. Positive analyst revisions. Can help identify names with both offensive upside and defensive stability. Here are five U.S. stocks that fit the profile.1. Nvidia (NVDA)Sector: Semiconductors Growth Profile: Explosive AI-driven earnings expansion NVIDIA (NASDAQ:) remains one of the fastest-growing large-cap companies, fuelled by AI accelerator demand. Balance Sheet Strength: Strong cash position Manageable debt levels Significant operating leverage While valuation remains…

Diageo on Wednesday said it was cutting its dividend in half as it reduced its sales outlook, citing American consumer reluctance to spend due to affordability concerns.

Introduction: British energy bills to fall by £117 a yearGood morning, and welcome to our rolling coverage of business, the financial markets and the world economy.Energy bills in Great Britain will fall by £117 to a typical annual bill of £1,641 from April, the regulator Ofgem announced this morning.It announced a 7% reduction of the energy price cap for the period covering 1 April to 30 June.This change amounts to a reduction of about £10 a month for the average household using both electricity and gas, Ofgem said. This is more than £200 lower than a year ago.Tim Jarvis, director…