Shares of Enfusion, Inc. (ENFN), a software-as-a-service (SaaS) provider, are climbing more than 9% Tuesday morning after the company reported third-quarter revenue, above the Street view. Revenue for the quarter increased 13.3% year on year to $44.36 million. Average estimate of analysts polled by Thomson-Reuters stood at $44.05 million. Net income for the third quarter was $1.83 million or $0.02 […]

BitMEX exchange co-founder Arthur Hayes has asserted that the ongoing economic competition between the United States and China benefits Bitcoin (BTC) as both countries vie for dominance in the global financial landscape. Hayes expressed his views on X (formerly Twitter) today, emphasizing the positive impact of competition in the digital asset space.  “Competition is amazing. If the US has its […]

Advent Technologies Holdings, Inc. (ADN), a fuel cell and hydrogen technology space company, on Monday announced that it has reached an agreement with European aerospace and defense major Airbus SE (EADSF.PK) for a joint benchmarking project. In pre-market activity on Nasdaq, Advent shares were gaining around 6 percent. The multi-million dollar collaboration for the project regarding an optimized Ion Pair […]

Elon Musk’s new AI venture xAI has unveiled its first artificial intelligence or AI chatbot technology named Grok, that competes with OpenAI’s highly popular Generative AI ChatGPT. Grok is claimed to help quickly access relevant information, process data, and come up with new ideas. In a post on X, formerly Twitter, Musk said, “Grok has real-time access to info via […]

Cryptocurrencies slipped close to 3 percent in the past 24 hours as markets digested the ‘guilty’ verdict to Sam Bankman Fried in the FTX fraud trial. The Securities and Exchange Commission’s subpoena against PayPal also weighed on sentiment, limiting the relief triggered by the Fed’s dovish stance on Wednesday. Sam Bankman Fried, who was till a year ago considered the […]

Anxiety about the crucial monthly job market update limited gains following the Fed’s dovish monetary policy stance. Mixed earning updates from the corporate sector as well as geopolitical concerns also weighed on sentiment. Wall Street Futures are directionless. European benchmarks are moving mixed. Asian stocks mostly gained. Dollar’s weakness dragged down the Dollar Index further. Bond yields are moving mixed. […]

Shares of Palantir Technologies Inc. (PLTR) are rising more than 21% Thursday morning after reporting better-than-expected third-quarter results. The data analytics company also raised its full-year revenue outlook. The company reported net income of $71.51 million or $0.03 per share in the third quarter, compared with loss of $123.88 million or $0.06 per share in the same quarter a year […]

Cryptocurrencies gained more than 1 percent in the past 24 hours as hopes of an ETF-led infusion into the digital assets market buoyed crytpo sphere. Overwhelming expectations of a pause by the Fed in its review to be announced on November 1 also supported sentiment. Overall crypto market capitalization increased 1.4 percent overnight to $1.28 trillion, whereas the 24-hour trading […]

Cryptocurrencies declined close to a percent in the past 24 hours amidst an agonizing wait for regulatory approval from the Securities and Exchange Commission for a Bitcoin-Spot ETF. Anxiety ahead of the monetary policy decision by the Fed also dampened sentiment in the digital assets market. Data released on Thursday which showed a more-than-expected growth in the U.S. GDP in […]