Platform Financial News

In a letter to The Times, Sharon Bowles, Ros Altmann, Bryn Davies and John Baron argued that UK investment companies have been facing a «deepening crisis» over the last two years. They said investment trusts have been «shunned» by investors and platforms because of EU regulation, as they remains on the UK statute book, despite not applying to any listed investment companies in Europe. FCA sets out temporary measures to address investment trust cost disclosure concerns «Under UK interpretation, investors are told that management charges are an additional cost, which is misleading,» ...

Financial independence is not just about earning money; it’s about having control over one’s finances and future. The significance of women’s financial independence cannot be overstated. It not only provides economic stability but also empowers women to make decisions that shape their lives on their terms. Achieving financial independence is crucial for women to lead successful lives.

In a bid to regulate the fractional ownership industry, the Securities and Exchange Board of India (Sebi) has issued regulations to amend the REIT Regulations 2014, establishing norms for creation of Small and Medium Real Estate Investment Trusts (SM REITs). The move is aimed at regulating and organizing the fractional ownership industry as well as protecting the interests of investors.

Meta Platforms Inc (NASDAQ:META) fell more than 4% at the market open on Monday to $478.7, its lowest point in nearly a month. While the tech giant’s performance this year remains strong, there are two key factors weighing on META’s share price right now.

Moderna (NASDAQ:MRNA) shares are rallying Monday, with the stock up more than 10%, trading over the $114 per share mark. The move has seen MRNA climb to its highest level since January, adding to its gains so far this year after a dismal 2023.

Imax Corporation and BookMyShow have inked a strategic partnership that will see the Canadian theatre company having higher visibility and discoverability on the online ticketing platform. BookMyShow will highlight Imax releases through targeted marketing efforts, beginning with Dune: Part Two. Imax tickets made up 31% of the total Dune: Part Two tickets sold on BookMyShow, demonstrating a strong demand for immersive cinematic experiences. The users of the online ticketing platform can also explore a dedicated page about The Imax Experience, including a list of current Imax films and locations in their cities, upcoming releases, and more.

«In the last 11 months, we have sold 7.56 lakh units in passenger, commercial including three-wheelers. The trend indicates we are crossing the eight lakh mark by March 2024,» M&M's national sales head Baneswar Banerjee told PTI on the sidelines of the launch of a dealership by Landmark group. The company without any timeline stated that it will introduce three pure electric utility vehicles, amid the EV charging ecosystem still evolving in the country.

authors have filed a lawsuit against graphics processing unit (GPU) giant Nvidia for illegally training its artificial intelligence (AI) platform NeMo on their copyrighted works. This is another development in the growing tensions globally involving intellectual property right holders and companies that make AI models, resulting in similar lawsuits that saw entities such as Microsoft and OpenAI cross swords. Here's an explainer of what the Nvidia lawsuit says and what these concerns are.

Users of Facebook Marketplace say the once-straightforward process of buying and selling there has become anything but. Buyers say they’ve encountered counterfeit listings, payment cons or products that don’t match what was promised. When sellers are scammed, it’s often by a “buyer" showing fake payment confirmation, or they’re inundated by messages that ask, “Is this still available?" The Better Business Bureau’s Scam Tracker database is filled with hundreds of reports from Facebook Marketplace users who allege they fell prey to fraud on the platform.

Singapore, 13-03-2024, BlockmanPR – MetaCene, the leading meta-MMO platform for all gamers, is redefining the boundaries of digital ownership and creativity. Today, it proudly announces the closure of its $10 million Private A round funding. The successful round brings together a star-studded lineup of investors, fueling MetaCene’s mission to create a borderless on-chain homeland, which unites MMORPG players, content creators, and Web3 enthusiasts through “co-entertainment, co-creation, and co-governance”.

demat account requires several mandatory requirements, with a bank account being one of them. In the digital era, trading has shifted entirely to electronic platforms, facilitating online transactions and ensuring swift processing of trades. While the primary bank account linked to the demat account serves as the designated account for fund transfers and settlements, investors often wonder if they can link multiple bank accounts to their demat account for added convenience and flexibility in managing their investments and funds.

In a note to clients Monday, analysts at Cantor Fitzgerald raised the NVIDIA (NVDA) price target to $1,200 from $900 per share. The firm maintains an Overweight rating on the stock.

RFG Advisory, an InvestmentNews Best Places to Work for Financial Advisors in the USA for 2024, has bolstered its executive leadership team.

Supreme Court on Monday asked Delhi Chief Minister Arvind Kejriwal, who has challenged a Delhi High Court order upholding the summons issued to him as an accused in a criminal defamation case, whether he wanted to give an apology to the complainant in the matter. On February 26, Kejriwal told the apex court that he made a mistake by retweeting an allegedly defamatory video circulated by YouTuber Dhruv Rathee related to the BJP IT Cell. During the hearing on Monday, a bench of justices Sanjiv Khanna and Dipankar Datta was told by the counsel appearing for complainant Vikas Sankrityayan that Kejriwal may issue an apology on public platforms like microblogging platform 'X' or Instagram. «You tell us what you want. We can put it to the other side. We are not going to step into your shoes or the other side's shoes,» the bench told the counsel.

Early investors witnessed a significant ROI of 320%, and at this rate, could soon see much further returns. This is because analysts are projecting a 100x price upswing for PLX, especially following its major listing on BitMart, set to occur on March 7. We will go over how this platform can change trading however, and see just how far it can spike in value.

REITs, especially the reduction of the minimum ticket size to Rs 10 lakh, by the Indian market regulator SEBI, is touted to be a game changer for the new-age fractional investment platforms in the country. Here's a primer on how this much-needed transparency could benefit retail investors, as well as high net worth investors (HNIs), looking to add the highest-graded commercial real estate to their portfolios using the Real Estate Investment Trusts (REITs) route.

Pune E-Stock Broking was subscribed 39 times so far on Monday, the second day of the bidding process, driven by strong retail and NII interest, whose categories were subscribed 61 times and 31 times, respectively. The IPO is entirely a fresh equity issue of 46.06 lakh shares and through the issue, the company aims to raise Rs 38 crore.

Bitcoin miners, rebounding from the recent cryptocurrency downturn, are pouring billions into new equipment and setting energy consumption records, in light of an impending software update in the biggest cryptocurrency that could affect their revenue streams.

Gautam Adani is excited by United States-based chipmaker Qualcomm's plans for India, he said on social media platform X (formerly known as Twitter), on March 11. In his post, Adani said he met with Qualcomm CEO Cristiano R Amon and added that the company's vision and plan for artificial intelligence (AI), emerging technologies and semiconductors in India "inspired" him. "Great meeting with Qualcomm CEO @cristianoamon & his leaders! Inspiring to hear his vision for semiconductors, AI, mobility, edge appliances and much more across different markets.

ARKMining, a leading cloud mining platform, recently released a complete analysis report demonstrating its potential to help individuals easily earn additional income. With the rise of cryptocurrencies, mining has become a popular way to generate extra income, and ARKMining is making mining more accessible and profitable for everyone.

Mudrex, discussed strategies for safeguarding investments and avoiding potential pitfalls. One common concern in the crypto space is the prevalence of pump-and-dump schemes, where the prices of newly listed tokens experience rapid fluctuations before ultimately crashing. Patel emphasizes the importance of due diligence, or «DYOR» (do your own research), a mantra frequently echoed in the community. However, he acknowledges that the challenge lies in knowing where to begin and what factors to consider when researching potential investments.