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First Abu Dhabi Bank Collaborates with IBM for Hybrid Cloud Transformation

June 12, 2023 10:12 am
Key Points: FAB and IBM Consulting are partnering to migrate more applications to the cloud as part of FAB’s digital infrastructure modernization. FAB and IBM Consulting will conduct a discovery and assessment exercise to determine the optimal approach for migrating applications to cloud environments. The collaboration aims to optimize FAB’s technology infrastructure using a hybrid […] Read more

Carvana stock surges over 50% amidst short sellers’ heavy losses

June 10, 2023 8:29 pm
Used-car retailer Carvana Co (CVNA.N) saw a significant surge in its stock price on Thursday, closing up 56.0%. The stock experienced further volatility on Friday, rising as much as 12% before dropping over 5% during morning trade. While Friday’s drop may have tempered some of the stock’s gains, it did little to alleviate the pain […] Read more ends US institutional exchange service

June 10, 2023 5:59 am
Key moments: * will suspend its US professional institutional exchange service by June 21. *The decision is due to a decline in demand impacted by the present market conditions and pending legal proceedings against exchanges like Binance and Coinbase. * Both the retail mobile app and website will continue to function normally for clients in […] Read more

Tesla stock gains for tenth consecutive session

June 9, 2023 10:02 am
Tesla (TSLA) closed higher for the tenth consecutive trading session on Thursday, marking the stock’s longest gaining streak in over two years. In stock trading, Tesla shares increased 4.58 percent to $234.86, the highest closing price since October 2022. In the previous session, the stock’s share price reached $230.83. Tesla was the S&P 500 index’s […] Read more

Affirm’s stock gains on new partnership with Amazon Pay

June 8, 2023 2:33 pm
Shares of buy-now-pay-later company Affirm Holdings rose on Wednesday after it announced a partnership with Amazon Pay. Affirm’s (AFRM) stock value soared more than 20% midday once the news broke out and later closed 2.40% higher at $16.20. The company’s stock performance helped moderate the loss in the Nasdaq Composite index, which declined by 1.29% […] Read more

Exclusive Interview with Nader Nurmohamed, COO of Hantec Markets

March 9, 2023 12:50 pm
First of all, could you give us a quick snapshot of Hantec Markets’ business, including in which jurisdictions (regions) the brokerage is licensed and regulated? Multi-regulated brokerage supported by regulated entities in the United Kingdom (FCA), Jordan (JSC), Mauritius (FSC) and St. Vincent & The Grenadines (FSA) with 11 physical offices spread across four continents. […] Read more

How Cryptoqueen Ruja Ignatova may have changed her appearance since 2017

November 16, 2022 11:05 am
The so-called cryptoqueen Ruja Ignatova is without a doubt one of the most recognized financial scammers over the last few decades who has managed to defraud victims with over $4.2 billion through the Ponzi scheme OneCoin. Since the beginning of July 2022 she is the only woman on the US Federal Bureau of Investigation’s (FBI) […] Read more

Map shows electoral systems & voter turnout around the world

November 8, 2022 3:40 pm
The word democracy (from the Greek “demos”, for “common people”, and “kratos”, for “rule” or “strength”) means “rule by the people” These days, rather than having direct control, we “rule” through elected representatives. While this sounds simple and straightforward, it is anything but – in fact, there are numerous electoral systems around the world, each […] Read more

The Presidents with the biggest impact on US national debt

September 13, 2022 9:49 am
National debt – truly a painful subject for US policy makers given that the nation’s total public debt outstanding has been increasing constantly since the time of the Great Depression of 1929-1932. But what is more, total debt has risen more substantially in the past 40 years of American history alone and that is the […] Read more

Facebook’s downfall: Only 32% of U.S. teens use it

September 8, 2022 12:01 pm
Internet use has increased massively in the past two decades and today, there are more active users than ever. Social media websites, in particular, have become extremely popular, with Facebook being the third most visited site in 2021. Despite the recent rise of Instagram businesses and influencers, Facebook remains the most popular marketing platform – […] Read more