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U.S. stock indexes closed higher, driven by strong performances in the technology sector and positive earnings reports. Tech giants like Alphabet and Meta Platforms saw significant gains, while Intel's return to profit boosted chip stocks. Electric vehicle (EV) companies, including Tesla, also experienced rises, but Ford's stock declined. Chevron and Exxon Mobil's stocks slid after reporting lower quarterly profits compared to the previous...
Digital mental health company Headspace secured $105 million in debt financing from Oxford Finance to expand its business with employers and health plans. The funding will fuel the growth of their mental health platform and possible mergers and acquisitions. Despite recent layoffs, Headspace aims to reach profitability by focusing on commercial business, particularly their EAP offering and partnerships with health plans. The company's unified...
This article highlights the top 10 banking technology companies in the FinTech industry . These companies play a crucial role in modernizing traditional financial institutions and bringing them into the digital era. The list includes Sopra Banking Software, Finacle, TerraPay, Banking Circle, Temenos, Airwallex, Finastra, Stripe, Fiserv, and PayPal . Each company offers unique services and solutions to enhance banking operations,...
Wall Street analysts play a crucial role in the financial industry, providing valuable insights and recommendations to guide investment decisions. This article delves into the dynamic and fast-paced world of a Wall Street analyst, offering a glimpse into their daily activities, challenges, and the skills required for success. The Morning Routine: Starting the Day on Wall Street A typical day for a Wall Street analyst begins early....