Author: Charlotte

Microsoft’s AI Capacity Is Selling – But Cash Conversion Is Lagging (NASDAQ:MSFT) Seeking Alpha Source link

Nvidia shares rose on Thursday after the chip giant’s revenue guidance reassured investors that AI demand will remain strong.Shares were last up 7.2% in premarket trading. Investor bullishness suggests Nvidia could buck the trend of its stock dropping the day after reporting earnings in all of the previous four quarters, despite meeting or beating estimates.Chip stocks rallied following Nvidia earnings. Micron rose 4.5%, Marvell 5.7%, Arm 4.7%, Intel 3% and AMD 1.7%. Shares of neocloud firms also rose, with Nebius and CoreWeave up around 7.5% and 6% in premarket trading, respectively.Nvidia CFO Colette Kress said on Wednesday that the company…

The FIFA World Cup 2026 New York New Jersey Host Committee announced that the world’s most-watched sports event produced $3.5 billion in total economic impact across the New York and New Jersey region, topping the region’s original projected impact of $3.3 billion. The Economic and Fiscal Impact of the 2026 FIFA World Cup on the New York and New Jersey Region report said World Cup-related activity generated about $1.9 billion in direct spending, supported 27,424 total full- and part-time jobs, generated about $1.4 billion in labor income, and spurred $414.2 million in total state and local tax revenues. Tourism Economics,…

Bitcoin (BTC +0.65%) hadn’t given investors much to get excited about this year. But things change quickly in the crypto market, and over the last week, Bitcoin’s price has risen 23% (as of Aug. 25). Although cryptocurrencies are notoriously unpredictable, there’s now over 15 years of history available for Bitcoin. That pricing history provides a good idea of where the Bitcoin market is and what’s most likely to happen next. Image source: Getty Images. The bear market could be over Bitcoin has historically moved in cycles lasting about four years. It experiences a bull market, reaches a new high, and…

DAR ES SALAAM: FITCH Ratings’ revision of Tanzania’s economic outlook to Positive, while maintaining its ‘B+’ sovereign credit rating, is a significant vote of confidence in the country’s macroeconomic stewardship. But the upgrade should not remain merely a source of diplomatic pride. A sovereign rating is a critical price anchor for the country’s financial system. The challenge now for policymakers, regulators and corporate leaders is to convert this external vote of confidence into lower financing costs and stronger investment by domestic enterprises. In corporate finance, the sovereign rating effectively sets the risk ceiling for domestic borrowers.Sovereign risk influences the premiums…

Major U.S. and international banks are reconsidering stablecoins as crypto companies and technology groups expand into payments, according to an Aug. 26 Wall Street Journal report. Summary JPMorgan says it has no current stablecoin plans despite reportedly evaluating the option internally recently. More than twelve global banks reportedly are developing a multicurrency stablecoin venture beginning with dollars. 39 state banking associations formed BankChain Alliance to develop shared blockchain infrastructure targeting 2027 launch. JPM Coin remains a bank deposit token, legally distinct from broadly transferable payment stablecoins today. GENIUS Act implementation rules remain pending, delaying certainty for future regulated bank stablecoin…

CohnReznick, a professional services firm, added Olga Morduke  as a tax partner in commercial real estate. Based in Los Angeles, Morduke advises high-net-worth family offices and private investment groups that own, operate and invest in real estate across diverse asset classes, including multi-family, industrial, retail, office and hospitality. “Olga brings a deep understanding of the tax, structuring, and succession planning considerations that shape investment decisions across a real estate portfolio,” Kash Hussain, office managing partner – El Segundo, Los Angeles, San Diego, San Francisco for CohnReznick, said. “Los Angeles is one of the nation’s most active and complex real estate…

Aug 27, 2026 China’s private funds saw their assets under management reach a record high in July, while mutual funds experienced a decline, as investors adjusted their portfolios during a sell-off in semiconductor shares.According to data released on Wednesday by the Asset Management Association of China, the net assets under management of domestic mutual funds fell by 560 billion yuan (US$83.3 billion), or 1.4 per cent month on month, to 39.11 trillion yuan in July. This decrease ended a four-month growth streak, with net assets having peaked at a record 39.67 trillion yuan at the end of June.In contrast, domestic…

CFA Romania’s Macroeconomic Confidence Indicator rose by 6.7 points to 44.2 points in July, amid the confirmation of Romania’s investment-grade rating by rating agencies. At the same time, the Current Conditions Indicator increased by 8.1 points to 36.9, while the Expectations Indicator rose by 6.1 points to 47.9. However, CFA Romania warns that the risk of recession remains high. “The Macroeconomic Confidence Indicator of CFA Romania increased by 6.7 points in July, to 44.2 points. The Current Conditions Indicator rose by 8.1 points to 36.9, while the Expectations Indicator increased by 6.1 points, reaching 47.9 points,” CFA Romania said in…

Cryptocurrency prices show mixed movements with Bitcoin near $78K and notable drops in altcoins like XRP and ADA. Pluang Source link