Brazil’s central bank is readying a set of regulatory measures designed to mitigate the risk of cyberattacks on the national payments system and combat the use of fintechs by organised crime, Reuters reported, citing sources.According to Deputy Minister of Finance Fábio Silveira, the measures, which will be announced at a…
From global politics to corporate megadeals and domestic economic shifts, Friday’s headlines capture major developments. Trump slams India-Russia-China summit ties. Thailand gets its third PM in two years amid political chaos. Musk eyes $1 trillion Tesla pay package tied to massive growth targets. US jobs market stalls with only 22,000…
SoundHound AI Inc (NASDAQ: SOUN) is extending gains today after announcing another major foray into healthcare services. According to the company’s press release, Primary Health Solutions (PHS) – a Federally Qualified Health Center based in Ohio has agreed to use its voice-enabled AI platform to streamline patient interactions.The system dubbed “Denise”…
Keir Starmer pulled off a major cabinet shake-up on Friday, trying to steady his government after Deputy Prime Minister Angela Rayner’s shocking resignation.The reshuffle saw some pretty significant moves as David Lammy got promoted from Foreign Secretary to Deputy PM and Justice Secretary, Yvette Cooper shifted from Home Secretary to…
Angela Rayner’s resignation as both deputy prime minister and deputy leader of the Labour Party has set off a high-stakes internal election to replace her, reopening divisions within the party over direction and leadership.Rayner, long regarded as a potential future leader, quit her posts on Friday after the independent adviser…
The JPMorgan Equity Premium Income ETF (JEPI) stock has jumped from $48 in April to $56.76 and is hovering near its all-time high of $57.10. JEPI ETF has also attracted substantial inflows this year, helped by the ongoing craze of covered call funds that provide the biggest dividend yields in Wall…
The JPMorgan NASDAQ Equity Premium Income ETF (JEPQ) is firing on all cylinders as investors boost their allocations. It has jumped to a record high, while its inflows have jumped by over $8 billion this year. It has had net outflows in just two weeks this year.JEPQ now holds over…
The Global X NASDAQ 100 Covered Call ETF (QYLD) is struggling this year. QYLD has rallied to $16.7, up by 21% from its lowest level this year. Unlike other funds, it remains much lower than the year-to-date high of $17.6 and has had outflows in the last six consecutive weeks. Its…
The Schwab US Dividend ETF (SCHD) is struggling this year. While its net inflow is over $5.47 billion, recent data show that the fund has not had traction among investors. SCHD ETF now has over $72 billion in assets under management (AUM), making it one of the biggest funds in the…
A day of significant developments is underway, as a major breakthrough in the US-Japan trade war sends auto stocks soaring, President Donald Trump hosts the titans of Silicon Valley for a high-stakes AI summit at the White House, and a new front opens in the artificial intelligence arms race with…