Latest Market News
American Express Co. AXP, +0.34% announced Thursday that it would work with Billtrust BTRS, +2.42% on automation related to business-to-business (B2B) payments. Through the collaboration, suppliers will be able to automate virtual card payments from their customers and obtain a “real-time view of their outstanding invoices and current cash flow,” Amex said in a release. […]
Shares of T Stamp Inc. IDAI, +8.25% blasted 171.9% higher on very heavy volume in premarket trading Thursday, enough to make the stock the biggest gainer on major U.S. exchanges, after the identity services company announced the launch of its Biometric Multi-Factor Authentication (MFA) product that provides identity assurance with a selfie. Trading volume ballooned […]
Meta’s Reality Labs division posted a $2.9 billion loss in Wednesday’s Q1 earnings call, but Zuckerberg remains optimistic about future profitability from the Metaverse. 2465 Total views 17 Total shares Meta Platforms Inc., formerly known as Facebook Inc., posted its Q1 2022 earnings on Wednesday, with its Metaverse-focused Reality Labs division posting increased losses. The […]
Shares of Eli Lilly & Co. LLY, +0.80% rallied 1.8% in premarket trading Thursday after the drug maker reported first-quarter profit and revenue that beat expectations, as better-than-forecast COVID-19 antibodies results offset a Trulicity miss. Net income rose to $1.90 billion, or $2.10 a share, from $1.36 billion, or $1.49 a share, in the year-ago […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is still rebounding from Tenkan-Sen. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 1.2615 and then resume moving downwards to reach 1.2265 Another signal in favour of a further […]
EURUSD hit another bottom – and it didn’t surprise anybody. The major currency pair reached new lows – the last time the asset was moving there was in March 2017. The current quote for the instrument is 1.0541. The USD rally doesn’t stop. The nearer the date of the Fed’s May meeting and the GDP […]