Thursday saw a rise in stock futures as traders wagered that the Federal Reserve is almost done raising interest rates and evaluated a new batch of company earnings. S&P 500 (\GSPC) futures increased by 0.7%, while Dow Jones Industrial Average (\DJI) futures increased by 0.5%. With futures up around 1.1%, the tech-heavy Nasdaq 100 (^NDX) … Read more
At the end of its most recent policy meeting, the Federal Reserve decided to keep interest rates at their highest level in 22 years, and investors speculated that the central bank could be done raising rates. This decision caused US equities to soar on Wednesday. Over 1% of the S&P 500 (\GSPC) and nearly 0.7% … Read more
On October 25, in New York City, Finastra, a global provider of financial software applications and markets, hosted its US Lending Day. Leading figures in the banking, lending, trade finance, and technology industries were present at the event to talk about the most recent developments in the automation and digitalization of financial services, as well … Read more
According to a recent research report released today by Information Services Group (ISG) (Nasdaq: III), a renowned international technology research and advisory firm, American businesses are increasing their interactions with Amazon Web Services (AWS) and its ecosystem partners in order to benefit from larger economies of scale and increased cloud efficiency. Organisations are digitally reshaping … Read more
Investors may be let down if they were expecting a significant rise to close the year following a period of poor market performance. Mike Wilson of Morgan Stanley believes that the market is unlikely to recoup its summertime gains. The bank’s top equity strategist wrote a letter to clients expressing his belief that the S&P … Read more
On Tuesday, Canadian Finance Minister Chrystia Freeland expressed cautious optimism over the resolution of a disagreement with the US on Ottawa’s proposed digital services tax (DST) on major internet firms. The goal of the digital services proposal is to solve the problem of taxing internet behemoths like Alphabet and Amazon.com, who may record their earnings … Read more
Due to the Bank of Japan meeting, which only hinted at a potential interest rate increase, the US dollar saw a notable increase throughout Tuesday’s trading session. To put it another way, they did not entirely remove it, therefore the Japanese yen will likely continue to suffer greatly. Not only has it happened with the … Read more
USA, the premier fintech event globally and the hub for financial transactions, wrapped off its four-day event on October 22–25. With more than 500 presenters and 250 sessions spread across seven stages, Money20/20 USA offered over 60 hours of material ranging from the most recent developments in fintech across a wide range of industries, including … Read more
HTLF released its third-quarter financial results this afternoon. Hopefully, you’ve had a chance to go at the earnings release, which can be found on the company’s website, @htlf.com. President and CEO Bruce Lee, Chief Financial Officer Bryan McKeag, and Chief Credit Officer Nathan Jones are present today from management. After management sums up the quarter, … Read more
