Mitek Named to 2024 AIFinTech100 List

PC Gamer
Nvidia loses $500 billion in the biggest short term loss in company value in all of recorded history. A year ago that would have killed it yet today it will barely notice
After briefly becoming the world's most valuable company Nvidia has now experienced the biggest three-day loss in value of any company ever.
Fortune
Departing Nvidia VP salutes Jensen Huang’s leadership, and pinpoints the 3 key principles he taught her
After 7 years of working for Nvidia’s CEO Jensen Huang, the chipmaker's outgoing VP said that her boss taught her about the importance of first principles thinking, zero-billion dollar markets and speed-of-light execution.
Insider Monkey
The Wealthiest Person in Singapore
We recently compiled a list of the 30 Wealthiest People in Singapore and in this article, we will look at the richest person in Singapore. An Outlook of the Singaporean Economy According to the Ministry of Trade and Industry (MTI), the Singaporean economy rose at a more rapid pace than expected in Q1 2024. The GDP […]
The Smart Investor
Share Prices of These 4 Singapore Stocks Are Hitting Their 52-Week Highs: Can They Continue Their Run?
These four Singapore stocks are seeing their share prices shooting up, but can they continue to do so? The post Share Prices of These 4 Singapore Stocks Are Hitting Their 52-Week Highs: Can They Continue Their Run? appeared first on The Smart Investor.
The Smart Investor
Sheng Siong’s Share Price is Languishing Near its 52-Week Low: Can the Retailer Find its Mojo Again?
The supermarket retailer’s share price has stayed stagnant in recent months. Can Sheng Siong see a recovery on the horizon? The post Sheng Siong’s Share Price is Languishing Near its 52-Week Low: Can the Retailer Find its Mojo Again? appeared first on The Smart Investor.
The Smart Investor
iFAST’s Share Price Surged 64% in the Past Year: Can the Fintech Surpass its All-Time High of S$10?
With iFAST’s share price shooting up by 64%, does the fintech have what it takes to reclaim its all-time high of S$10? The post iFAST’s Share Price Surged 64% in the Past Year: Can the Fintech Surpass its All-Time High of S$10? appeared first on The Smart Investor.
Simply Wall St.
Unveiling Three SGX Stocks That Might Be Trading Below Their Estimated Fair Value
As the Singapore market continues to evolve, investors are keenly observing trends and shifts that could signal new opportunities. Amidst these developments, identifying stocks that may be trading below their estimated fair value could offer potential for those looking to diversify or optimize their portfolios in current market conditions.
The Telegraph
Lock in a two-year savings rate now before rates tumble, experts warn
Savers have been urged to seize a “golden opportunity” to lock their cash away for longer before interest rates begin to fall in the coming months.
Reuters
US dollar's dominance secure, BRICS see no progress on de-dollarization -report
The U.S. dollar remains the world's primary reserve currency, and neither the euro nor the so-called BRICS countries have been able to reduce global reliance on the dollar, a new study by the Atlantic Council's GeoEconomics Center shows. The group's "Dollar Dominance Monitor" said the dollar continued to dominate foreign reserve holdings, trade invoicing, and currency transactions globally and its role as the primary global reserve currency was secure in the near and medium term. Dollar dominance — the outsized role of the U.S. dollar in the world economy — has been strengthened recently given the robust U.S. economy, tighter monetary policy and heightened geopolitical risks, even as economic fragmentation has strengthened a push by BRICS countries to shift into other international and reserve currencies.
Reuters
Who owns France's debt and why it matters
President Emmanuel Macron's shock snap election has rocked France's bond market, the largest in the euro zone, as a strong showing for the far right and left wing parties in opinion polls exacerbates concerns about fiscal sustainability. Earlier in June, the risk premium France pays for its debt on top of Germany's neared levels last seen in 2012, during the euro zone debt crisis. The question is how much more turmoil the two-round elections on June 30 and July 7 could sow in bond markets.
Simply Wall St.
Multi-Chem And Two Other Leading Dividend Stocks On SGX
As digital solutions like Visa's new emergency card service reshape financial interactions globally, the Singapore market is also experiencing shifts that reflect broader technological advancements and consumer behavior changes. In this dynamic environment, dividend stocks such as Multi-Chem offer investors potential stability and regular income, qualities that are increasingly valuable in rapidly evolving markets.
Benzinga
What's Going On With Broadcom Stock On Tuesday?
Broadcom Inc (NASDAQ:AVGO) recently announced significant updates to its VMware Cloud Foundation (VCF), aiming to enhance digital innovation with faster infrastructure modernization, improved developer productivity, and better cybersecurity at a low total cost of ownership. The latest advancements in VCF support customers’ needs by integrating enterprise-class computing, networking, storage, management, and security across various environments. The new VCF Import functionality allows seamless in
Simply Wall St.
Hour Glass And 2 More SGX Dividend Stocks To Consider
As the global payment landscape evolves with initiatives like the European Payments Initiative, investors may find stability and potential growth in dividend stocks amidst market fluctuations. In Singapore, where financial markets are known for their robustness, dividend stocks such as Hour Glass can offer investors a blend of income and relative security in uncertain times.
Yahoo Finance
Stock market today: Nvidia rebound fuels Nasdaq rally as Dow falls 300 points
Stocks are hoping to add a punchline to what's been a high-flying quarter thus far.
Barrons.com
Fed Officials Are Talking About 3 Scenarios. Here’s What They Mean for Rates.
Faced with uncertainty, Fed officials are offering various scenarios for the economy and interest rates.
Insider Monkey
Is Advanced Micro Devices’ (AMD) ‘AI Story’ Overhyped?
We recently published a list of the Big Tech Funds are Buying These 10 AI Stocks. Since Advanced Micro Devices, Inc. (NASDAQ:AMD) ranks 8th on the list, it deserves a deeper look. As mega-cap technology stocks continue to soar to new highs, the number of Wall Street analysts highlighting the “concentration of gains” problem are increasing. It’s […]
South China Morning Post
Hong Kong helps relieve yuan pressures as mainland China grapples with capital outflows
The yuan is facing its highest level of capital outflow in eight years, according to new research, and data suggest a wave of offshore yuan remittances from Hong Kong to mainland China have helped offset some of the currency's looming depreciation pressures. China's trailing 12-month net capital outflows stood at US$139 billion as of May 2024, the worst year for the figure since the period from 2016 to 2017, said the French investment bank Natixis in a presentation on Tuesday. Firms are reluctan
Reuters
Interactive Brokers reveals $48 million loss from NYSE glitch
The brokerage had filed claims with the NYSE to compensate it for these losses, but the exchange denied its ask, Interactive said. Outages caused by software and hardware malfunction have become common as trading moved from floors and pits to electronic systems, but glitches can roil markets and frustrate investors. Interactive said its losses stemmed from an attempt by its clients to take advantage of the massive drop in Berkshire's stock price.
Investing.com
Asian stocks fall as Micron sparks tech losses, China data weighs
Investing.com-- Most Asian stocks fell on Thursday as technology shares tracked weakness in their U.S. peers following underwhelming guidance from chipmaking major Micron.
Benzinga
The $150 Billion Opportunity SoftBank Lost By Selling Nvidia Shares Too Soon
In 2019, SoftBank’s Vision Fund decided to sell all of its Nvidia shares, which comprised 4.9% of the company. Although back then this seemed like a smart move because SoftBank had originally spent around $700 million to buy the shares and ended up making a huge profit of $3.3 billion from the sale, now it’s clear: had Softbank held onto those shares, they would be worth more than $150 billion just a couple of days ago. By selling in 2019, SoftBank missed out on a gain of more than $150 billion.

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Mitek Named to 2024 AIFinTech100 List

Latest stories

Nvidia loses $500 billion in the biggest short term loss in company value in all of recorded history. A year ago that would have killed it yet today it will barely notice

Departing Nvidia VP salutes Jensen Huang’s leadership, and pinpoints the 3 key principles he taught her

The Wealthiest Person in Singapore

Share Prices of These 4 Singapore Stocks Are Hitting Their 52-Week Highs: Can They Continue Their Run?

Sheng Siong’s Share Price is Languishing Near its 52-Week Low: Can the Retailer Find its Mojo Again?

iFAST’s Share Price Surged 64% in the Past Year: Can the Fintech Surpass its All-Time High of S$10?

Unveiling Three SGX Stocks That Might Be Trading Below Their Estimated Fair Value

Lock in a two-year savings rate now before rates tumble, experts warn

US dollar's dominance secure, BRICS see no progress on de-dollarization -report

Who owns France's debt and why it matters

Multi-Chem And Two Other Leading Dividend Stocks On SGX

What's Going On With Broadcom Stock On Tuesday?

Hour Glass And 2 More SGX Dividend Stocks To Consider

Stock market today: Nvidia rebound fuels Nasdaq rally as Dow falls 300 points

Fed Officials Are Talking About 3 Scenarios. Here’s What They Mean for Rates.

Is Advanced Micro Devices’ (AMD) ‘AI Story’ Overhyped?

Hong Kong helps relieve yuan pressures as mainland China grapples with capital outflows

Interactive Brokers reveals $48 million loss from NYSE glitch

Asian stocks fall as Micron sparks tech losses, China data weighs

The $150 Billion Opportunity SoftBank Lost By Selling Nvidia Shares Too Soon