News - Global Stock Updates

Bitcoin at $61K: Are investors losing interest? THIS is a worrying sign

Bitcoin saw a drop in price as the rate of accumulation across all cohorts slowed down. more

Himalay Patel (via AMBCrypto) | 5/9/24

The West is freaking out that China is making too much stuff, and it looks like China might be starting to agree

The West has been complaining that China is overproducing goods and dumping them on the global markets, incurring the ire of Beijing. more

Huileng Tan (via Business Insider) | 5/9/24

VanEck's MarketVector Starts Index to Track the Largest Meme Coins

The index contains a variety of dog-themed coins and other popular meme tokens. more

Sam Reynolds (via CoinDesk) | 5/9/24

U.S. Representatives Propose Two-Year Ban on Cryptocurrency Mixers

The Blockchain Integrity Act has been introduced in the U.S. House of Representatives, and its aim is to impose a temporary two-year ban on cryptocurrency mixers. more

Via Coinpaper | 5/9/24

Tim Cook's Potential Retirement Sparks Successor Search At Apple: 'Not Clear How This All Pans Out'

As Apple CEO Tim Cook nears retirement, finding a suitable long-term successor becomes increasingly challenging due to the absence of clear candidates ready to commit to a lengthy tenure at the helm … more

Ananya Gairola (via Benzinga) | 5/9/24

Elon Musk Says 2024 Will Probably Be 'Last Election Actually Decided By US Citizens' After Dems Oppose Census Citizenship Question

Musk took to X to express his views on the recently passed GOP bill that adds a citizenship question to the 2030 census. read more more

Benzinga Neuro (via Benzinga) | 5/9/24

Disney, Warner Bros. Discovery To Offer Streaming Bundle With Disney+, Hulu, Max This Summer: 'More Choice And Value'

Walt Disney Co. and Warner Bros. Discovery are set to launch a new streaming bundle in the U.S. this summer that will include Disney+, Hulu, and Max, with both ad-supported and ad-free options, … more

Ananya Gairola (via Benzinga) | 5/9/24

Floki, A Crypto Named After Elon Musk's Dog, Becomes Title Sponsor For An International Sports Tournament: What You Need To Know

Floki (CRYPTO: FLOKI) was trading in the green at the time of writing, going against the broader meme market trend which saw powerhouses like Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: read more more

Aniket Verma (via Benzinga) | 5/9/24

Gary Gensler-Led SEC A Source Of Frustration For Robinhood, CEO Vlad Tenev Says They've Held 16 Meetings Over Wells Notice

Tenev, in a recent interview with CNBC's Last Call, revealed that despite Robinhood's efforts to engage with the SEC, the regulatory body's response has been disappointing. read more more

Kaustubh Bagalkote (via Benzinga) | 5/9/24

Subscriptions are Transforming Businesses in Latin America: Stripe

Technological advancements and consumer desire for greater convenience are driving more companies to adopt this model The Latin American subscription market is expected to exceed $30 billion by 2025 … more

GlobeNewswire (via GlobalFinTechSeries) | 5/9/24

Corpay to Acquire a Full AP Corporate Payments Company

Deal Strengthens Corpay’s Position in the Middle Market and Select Verticals Corpay, a leading corporate payments company, announced that it has signed a definitive agreement to acquire Paymerang, … more

Business Wire (via GlobalFinTechSeries) | 5/9/24

Vianai Systems Announces Global Launch of Boomi FinTalk Powered by Vianai for Real-time, Accurate Conversational AI for Finance

Purpose-built for finance, Boomi FinTalk powered by Vianai enables CFOs and finance users to ask ad-hoc, natural-language questions and get real-time, actionable insights for expense management, … more

PR Newswire (via GlobalFinTechSeries) | 5/9/24

Top Analyst Predicts Massive Drop for Solana-Based Memecoin That’s Exploded Over 42x in Four Months

A widely followed crypto analyst and trader is expressing bearish sentiment on a top-50 memecoin by market cap. The analyst pseudonymously known as Bluntz tells his 258,100 followers on the social … more

Mark Emem (via The Daily Hodl) | 5/9/24

Crypto Monthly Trading Volume Drops for First Time in Seven Months to $6.58T

Bitcoin, the leading cryptocurrency by market value, fell by nearly 15% in April, ending a seven-month winning streak. more

Omkar Godbole (via CoinDesk) | 5/9/24

Dogecoin’s road ahead: Can DOGE’s price hit $0.25 in May?

Dogecoin's liquidation levels reveal that a short-term bullish reversal could commence very soon. more

Akashnath S (via AMBCrypto) | 5/9/24

WSPN Empowers Digital Transactions by Teaming Up with 12 New Exchanges for Enhanced Accessibility

WSPN, a leading global digital payments company renowned for its commitment to transparency, speed, and efficiency, is excited to announce its latest milestone. In April 2024, WSPN has forged … more

PR Newswire (via GlobalFinTechSeries) | 5/9/24

Greenboard Announces $4.5M Seed Round from Base10 Partners to be “Rippling for financial compliance and operations”

Greenboard, a new compliance and operations software company for financial services, announced today that the company has completed a $4.5 million Series Seed funding round led by Base 10 Partners, … more

PR Newswire (via GlobalFinTechSeries) | 5/9/24

Warner Bros. Discovery Likely To Report Narrower Q1 Loss; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts