Category: News

  • Investors’ allocation to US stocks hits record high amid ‘super-bullish sentiment’: BofA survey

    Investors are growing increasingly optimistic as the stock market continues to rise through the end of 2024. In Bank of America’s December global fund managers survey, 36% of respondents said they overweight US stocks, the highest level seen in the survey’s history. This major shift in US stocks came alongside…

  • Welsh start-up accelerator announces award-winning entrepreneurs ready to reshape their sectors

    A leading start-up accelerator program in Wales has recognized six entrepreneurs for their amazing innovations, marking the end of an intensive 12-week initiative aimed at turning business ideas into market-ready ventures. The Business Wales Start-Up Accelerator, funded by the Welsh Government, has brought together 21 aspiring entrepreneurs, providing them with…

  • Mekorot CEO: I don’t see any water supply disruptions

    “Mekorot is the best company of its kind in the world,” Amit Lang, CEO of Mekorot, told Globes deputy editor Dror Marmor at the Globes Israel Business Conference. Lang explained why, “The average depreciation of water supply systems in the world is 40% while in OECD countries it is 15%…

  • US retail sales beat expectations in November

    WASHINGTON (Reuters) – U.S. retail sales rose more than expected in November amid an acceleration in auto purchases consistent with strong momentum in the economy as the year draws to a close. The Commerce Department’s Census Bureau said on Tuesday that retail sales jumped 0.7% last month after an upwardly…

  • TikTok appeals to US Supreme Court in last-ditch attempt to halt forced sell-off or ban

    TikTok has filed a final appeal with the US Supreme Court in a last-ditch effort to block the implementation of a new US law that could force the platform’s Chinese parent company, ByteDance, to sell the popular video app or face a nationwide ban. ByteDance and TikTok filed an emergency…

  • Mage Data™ Recognized as a Leader in Data Masking Solutions by QKS Group

    This section is Partnership content provided The content in this section is provided by GlobeNewswire for the purposes of press release distribution on behalf of its clients. Postmedia has not reviewed the content. by Globe Newswire Breadcrumb links Globe Newswire Article writer: Posted on December 17, 2024 • 3 minutes…

  • One Zero offers forex, securities commissions exemption

    Israeli digital bank One Zero has introduced new measures that will allow customers to manage their bank accounts with virtually no commissions on forex and securities trading. This is one of the latest areas that has become a profitable cash cow for the banking system. According to One Zero estimates,…

  • Better Chip Stock: ASML vs. Applied Materials

    ASML (Nasdaq: ASML) and Applied materials (NASDAQ:AMAT) They are two of the largest manufacturers of semiconductor equipment in the world. ASML is the world’s leading producer of lithography systems, which are used to optically etch circuit patterns onto silicon wafers. It is the only supplier of advanced UV (EUV) lithography…

  • Hivello + Swarm: advancing decentralization, empowering a fairer data economy, and fostering a vibrant, freedom-focused community

    Article content Amsterdam, December 17, 2024 (GLOBE NEWSWIRE) – Hivello, a platform focused on assembling DePIN (Decentralized Physical Infrastructure Networks) projects, is collaborating with Swarm, a decentralized storage and communications system. This collaboration aims to increase the number of nodes in the Swarm network and enhance its geographical decentralization. Article…

  • Hivello + Swarm: advancing decentralization, empowering a fairer data economy, and fostering a vibrant, freedom-focused community

    Article content Amsterdam, December 17, 2024 (GLOBE NEWSWIRE) – Hivello, a platform focused on assembling DePIN (Decentralized Physical Infrastructure Networks) projects, is collaborating with Swarm, a decentralized storage and communications system. This collaboration aims to increase the number of nodes in the Swarm network and enhance its geographical decentralization. Article…

  • Knesset passes budget first reading as Ben-Gvir votes against

    Last night, the Knesset passed the first reading of the 2025 budget by a narrow majority of 59 votes to 57, although National Security Minister Itamar Ben Gvir voted against the bill. The budget will now be discussed by the Knesset Finance Committee before being returned to the Knesset General…

  • Why Super Micro Computer Stock Fell Today

    Super micro computer‘s (NASDAQ: SMCI) The stock price closed the daily session down 8.3%. At the same time, Standard & Poor’s 500 (SNPINDEX: ^GSPC) It ended the day up by 0.4%. Nasdaq Composite (NASDAQ: ^IXIC) It ended the session higher by 1.2%. Supermicro stock fell today following news that the…

  • Stormzy invests in Padel Social Club as padel’s popularity surges across the UK

    Padel Social Club (PSC) has welcomed British award-winning and multi-platinum artist Stormzy as its latest investor, a move that underscores PSC’s growing influence in the emerging UK padel scene. Stormzy’s support amplifies the club’s mission of popularizing the sport and fostering the dynamic community around it. This partnership comes at…

  • Trudeau Government Teeters in Canada After Deputy Writes a Scathing Resignation

    Breadcrumb links BMN Business Prime Minister Justin Trudeau’s administration was thrown into crisis when his trusted deputy, Finance Minister Chrystia Freeland, published her resignation letter on Monday, leaving him vulnerable at the worst possible time. Article writer: Bloomberg News Thomas Seale, Brian Platt, Randy Thanthong Knight, and Laura Dillon Kane…

  • Could This Artificial Intelligence (AI) Newcomer Be the Next Nvidia?

    For most of the past two years, the story around artificial intelligence has been dominated by big tech companies. “The Magnificent Seven“Members Microsoft, Amazonand alphabet It has invested billions in the likes of ChatGPT creator OpenAI and perhaps its biggest competitor, Anthropic. And at the same time there Teslathe brainchild…

  • Elon Musk’s Starlink set to transform rural UK connectivity as satellite race heats up

    When Olivia Lott left her job in London to move to a village in rural Devon, she expected a quieter pace of life – but not the almost complete absence of mobile reception. With patchy phone signals forcing her to climb hillsides just to make a call, Lotte eventually resorted…

  • Arbitration Claim Update | Financial Post

    Article content VANCOUVER, British Columbia, Dec. 16, 2024 (GLOBE NEWSWIRE) — Lupaka Gold Corp. has received… (“Lupaka” or the “Company”) (TSX-V: LPK, FRA: LQP) received an update from the arbitration panel regarding the Company’s ongoing arbitration claim against the Republic of Peru. Article content In the update, the court indicated…

  • Israel-Ireland diplomatic rupture could hit trade hard

    Yesterday, the Israeli Ministry of Foreign Affairs announced that it was taking one of the toughest steps in the diplomatic procedures book and closing its embassy in Ireland. This is the first time that Israel has closed the embassy of an EU member state – Israel’s largest trading partner. The…

  • Israel-Ireland diplomatic rupture could hit trade hard

    Yesterday, the Israeli Ministry of Foreign Affairs announced that it was taking one of the toughest steps in the diplomatic procedures book and closing its embassy in Ireland. This is the first time that Israel has closed the embassy of an EU member state – Israel’s largest trading partner. The…

  • Trump’s Ex-Secretary Of State Mike Pompeo Backs Nippon Steel’s $14.9B Acquisition Of US Steel Citing National Security Concerns

    Trump’s former Secretary of State Mike Pompeo supports Nippon Steel’s $14.9 billion takeover of the US steel company over national security concerns. President-elect Donald TrumpFormer US Secretary of State Mike Pompeo He threw his support behind him Nippon Steel Company(OTC:NPSCY) (OTC:NISTF) proposed a $14.9 billion acquisition United States Steel Corporation…