Report - page 4

Fintech & Ecommerce

US Bank Introduces Business-Focused Checking and Spend Management Tools

U.S. Bank presented an all-in-one checking account combined with payment acceptance capabilities for small businesses.

News

Mantra CEO Denies Insider OM Token Dump

Mantra chief executive officer John Mullin denied reports of large-scale token transfers by major Mantra investors in the days leading up to the sharp collapse of the OM token.

News

Michael Saylor’s Strategy Buys $285 Million Bitcoin

Michael Saylor’s digital asset company, Strategy, purchased 3,459 Bitcoins for $285.5 million.

News

IEA Confirms Energy Use Surge to Meet AI Needs

Global electricity generation required to supply data centres will grow from 460 TWh in 2024 to over 1 000 TWh in 2030 and 1,300 TWh in 2035, by rough IEA estimations.

Blockchain & Crypto

Binance Reportedly Seeks to Curb US Oversight

The media published information according to which Binance executives met with US Treasury officials last month and discussed loosening government oversight of the company.

Blockchain & Crypto

Kraken Launches Commission-Free Trading

Kraken, one of the longest-standing and most secure cryptocurrency platforms, on Monday, April 14, announced the initial launch of commission-free trading of more than 11,000 US-listed stocks and ETFs to clients in Wyoming, Oklahoma, New Jersey, Connecticut, Iowa, Idaho, Kentucky, Alabama, Rhode Island and the District of Columbia.

Finance & Economics

BNY’s Profit Increases

Bank of New York Mellon Corp. has published data on its earnings for the first quarter of 2025, which showed growth.

Finance & Economics

Wells Fargo Reports Disappointing Earnings Data

On Friday, April 11, the value of Wells Fargo shares showed a drop as the financial institution reported revenue for the first quarter of 2025, which turned out to be below preliminary expectations, and a decrease in net interest income.

News

OpenAI to Phase Out GPT-4 From ChatGPT

OpenAI is soon to retire GPT-4, an artificial intelligence model that was launched more than two years ago, from ChatGPT.

Finance & Economics

JPMorgan Tops Quarterly Expectations

JPMorgan Chase on Friday, April 11, released information about its earnings for the first quarter of 2025, which exceeded preliminary expectations, driven by increased activity related to equity trading.

Finance & Economics

Morgan Stanley Reports First-Quarter Revenue

Morgan Stanley’s stock traders recorded revenue in the first quarter of the current year that exceeded analysts’ preliminary expectations, as the largest banks in the United States continue to benefit from the turbulence that has become a fact of reality against the backdrop of US President Donald Trump’s tariff policy.

Finance & Economics

China Raises Tariffs on US Goods

The head of the People’s Republic of China, Xi Jinping, in his first public comments on the escalation of the trade war with the United States, said that his country was not afraid.

Finance & Economics

US Consumer Sentiment Decreases

Currently, there is pessimism among residents of the United States in the context of assessing the prospects for the further dynamic of the country’s economic system.

News

US Inflation Decreases

In March, a sharp slowdown in the inflationary process was recorded in the United States economic system.

News

Newest Gemini AI Model Focuses on Efficiency

Google is releasing a new artificial intelligence model that is designed to deliver strong performance with a focus on efficiency.

News

Amazon CEO Says AI Costs to Come Down

Amazon chief executive officer Andy Jassy on Thursday, April 10, released his annual shareholder letter, in which he predicted that rapid advances around artificial intelligence along with increasing competition in the chip market will eventually bring down the costs associated with this cutting-edge technology.