Category: Boom
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Crypto’s ‘artificial boom’ is VC-driven, claims Kavita Gupta
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Kavita Gupta, founder of Blockchain Venture Fund, raised concerns in a recent op-ed about the sustainability of the current cryptocurrency market, suggesting that it is driven by an “artificial boom” fueled by venture capital spending rather than genuine user interest. While writing about her experience at the recent Token2049 conference…
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Plug Power Fuels Sales Boom With $150M+ Equipment Leasing Strategy
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Plug Power Supports Sales Growth with $150+ Million Equipment Leasing Strategy – What’s the Benefit? Plage Power Company (NASDAQ:PLUG) shares are trading higher today. The hydrogen solutions provider has launched Equipment Leasing Financing Platform. The company aims to raise over $150 million in the near to medium term through a…
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Plug Power Fuels Sales Boom With $150M+ Equipment Leasing Strategy
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Plug Power Supports Sales Growth with $150+ Million Equipment Leasing Strategy – What’s the Benefit? Plage Power Company (NASDAQ:PLUG) shares are trading higher today. The hydrogen solutions provider has launched Equipment Leasing Financing Platform. The company aims to raise over $150 million in the near to medium term through a…
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AI Boom Is Driving a Surprise Resurgence of US Gas-Fired Power
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Breadcrumbs Path Links PMN Business New gas stations continue to appear, despite expectations that their rapid growth was coming to an end. Article author: Bloomberg News Josh Saul, Noreen S. Malik and Mark Chediak Published on September 16, 2024 • Read for 5 minutes You can save this article by…
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The Big Winners From Private Credit’s Boom Are Becoming Clear
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Breadcrumbs Path Links PMN Business A gap is forming between rich and poor in the rapidly expanding private credit asset class. Article author: Bloomberg News Silas Brown and Claire Rockne Published on September 14, 2024 • Read for 5 minutes You can save this article by registering for free here.…
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Publicly traded Israeli defense companies see boom in orders
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The war that broke out in Israel last year is just one arena of geopolitical conflict around the world in recent years. Before October 7, of course, there was the start of the war between Russia and Ukraine, as well as growing concerns in East Asia about China’s growing power.…
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Southeast Asia’s Solar Boom Threatened by US-China Trade Tension
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Breadcrumbs Path Links PMN Business The future of Southeast Asia’s booming solar industry, which produces the world’s largest number of solar panels after China, is in doubt as the United States prepares to impose steep tariffs on the region. Article author: Bloomberg News Bloomberg News Published on August 20, 2024…
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Is the Artificial Intelligence (AI) Stock Bubble Bursting? These CEO Quotes Say No: The Boom Will Continue
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The recent earnings season saw a violent sell-off in many technology names that have surged this year as investors question the AI boom. There is no doubt that big companies continue to spend heavily on AI infrastructure. While big tech companies continue to spend more money on AI infrastructure, the…
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Political storms won’t curb military spending boom, defence firms say By Reuters
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By Joe Brock and Joanna Ploczynska FARNBOROUGH, England (Reuters) – Defence companies are confident that Western governments will continue to boost arms spending to counter Russia and China, shrugging off concerns that political turmoil in the United States and Europe could curb military budgets. Global defence spending hit a record…
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Injective (INJ) Breaches Key Resistance, Setting Stage For 1,350% Boom — Analyst
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Injective (INJ) has recently seen tremendous growth, pushing it to unprecedented heights and attracting the attention of experts and Bitcoin enthusiasts. Over the past week, the digital asset has seen tremendous growth. It jumped by about 32%, And only 1% on the last day. INJ stock is up on the…
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Injective (INJ) Breaches Key Resistance, Setting Stage For 1,350% Boom — Analyst
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Injective (INJ) has recently seen tremendous growth, pushing it to unprecedented heights and attracting the attention of experts and Bitcoin enthusiasts. Over the past week, the digital asset has seen tremendous growth. It jumped by about 32%, And only 1% on the last day. INJ stock is up on the…
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Samsung flags better-than-expected profit rise as AI boom lifts chip prices By Reuters
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By Joyce Lee and Heekyung Yang SEOUL (Reuters) – Samsung Electronics Co Ltd on Friday forecast a more than 15-fold jump in second-quarter operating profit, as a rebound in semiconductor prices driven by the artificial intelligence boom lifted earnings from a low a year ago. The world’s largest maker of…
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AI boom pushes four S&P 500 communication stocks to an all-time high in 2024
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hxdbzxy/iStock via Getty Images The S&P 500’s communications services sector has seen strong growth this year, driven by positive earnings and enthusiasm for the promise of artificial intelligence. The Communications Services sector (SP500-50) emerged as the second-best performing sector among the 11 S&P 500 sectors, posting gains 26% In the…
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Nigerian Crypto Boom Resurrected? SEC Embraces Innovation With New Rules
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Nigeria’s previously frosty relationship with cryptocurrencies appears to be entering a phase of cautious thawing. Imomotimi AgamaDirector-General of the Nigerian Securities and Exchange Commission (SEC), recently made comments indicating a move away from the government’s hardline stance against digital assets. This comes after months of regulatory struggle that has seen…
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Nigerian Crypto Boom Resurrected? SEC Embraces Innovation With New Rules
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Nigeria’s previously frosty relationship with cryptocurrencies appears to be entering a phase of cautious thawing. Imomotimi AgamaDirector-General of the Nigerian Securities and Exchange Commission (SEC), recently made comments indicating a move away from the government’s hardline stance against digital assets. This comes after months of regulatory struggle that has seen…
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Private credit boom drives Sixth Street hiring spree in Europe By Reuters
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Written by Sinead Cruz and Tommy Reggiore Wilkes LONDON (Reuters) – Sixth Street is embarking on the biggest European recruitment drive in its 15-year history, taking up a new regional headquarters in London’s Mayfair and adding up to 20 staff this year to focus on private credit and real estate.…
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AI boom makes European universities the new Harvard and Stanford for tech talent
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The New Age dramatic tale of a college student striking gold on a billion-dollar idea shortly after putting on his graduation gown has been a very American dream for most of the 21st century. While Europe lagged behind the technology boom, the founders of Google, Meta, and Microsoft, who were…
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Circle Executive Says Euro Stablecoins Will Boom After MiCA Goes Live In 2 Weeks
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Patrick Hansen, a senior policy executive at Circle, an issuer of USD and EUR stablecoins, believes that euro-based stablecoins will continue to rise in the coming days. Moving on to X, Hansen male The number of transactions made using Euro stablecoins is 1.1%. Euro against the stable US dollar Source:…
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Circle Executive Says Euro Stablecoins Will Boom After MiCA Goes Live In 2 Weeks
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Patrick Hansen, a senior policy executive at Circle, an issuer of USD and EUR stablecoins, believes that euro-based stablecoins will continue to rise in the coming days. Moving on to X, Hansen male The number of transactions made using Euro stablecoins is 1.1%. Euro against the stable US dollar Source:…