The AI revolution celebrated its first anniversary, marked by high expectations and promising forecasts. Wall Street analysts and investors expressed their anticipation for significant results in corporate earnings driven by this novel technology. Global expectations remain high, with the whole…
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Wall Street
2023 was marked by layoffs in global banking
The major global banks cut their staff by more than 60,000 during the year, making 2023 one of the most redundant fiscal years in the sector since the great global financial crisis, according to data compiled by the Financial Times.…
Argentine companies soar on the New York Stock Exchange
Argentine companies listed on the New York Stock Exchange experienced an impressive increase in their values during the first hours of trading on Wall Street, with increases that in many cases exceeded the double-digit threshold.
Standing…
Crypto platform EDX launches operations with the support of Wall Street
EDX Markets, a cryptocurrency exchange, formally began its operations on Tuesday with the support of several Wall Street companies. This in the midst of regulations and turbulence in the United States market.
EDX offers bitcoin, ethereum,…
Goldman Sachs announces the suspension of operations in Russia
The investment bank Goldman Sachs announced the suspension of its activities in Russia, thus becoming the first large Wall Street bank to announce a measure that has already been previously adopted by numerous multinational companies.
The…
The millionaire fraud that originated the first black Friday
A millionaire fraud originated the first black Friday. In 1860, railroad entrepreneurs Jay Gould and Jim Fisk decided to do business with gold on the black market, accumulating the metal so that it would rise in price.
Both businessmen…
Morgan Stanley launches cryptocurrency research team
Morgan Stanley created a new research division that aims to investigate the development of crypto assets and for this it appointed Sheena Shah as the main cryptocurrency analyst. Shah comes from playing a crucial role as Morgan Stanley's…
Tesla registers an increase of more than 4% in the first quarter
Tesla registered a 4.43 % increase in the stock market on Monday, after the electric vehicle manufacturer announced a record number of units delivered in the first quarter of the year.
According to the figures released on this trading day,…