Stocks
Mastercard is now fighting fraud with artificial intelligence
Like most other industries, artificial intelligence has managed to completely infiltrate the financial sector. From automating Paycheck Protection Program (PPP) application processes to visual artificial intelligence tools used to monitor customers. Johan …
Toyota benefits from its strong supply chain focus
Toyota Motor Corp's (NYSE: TM) strong supply chain is a key to business. However, in the first half of 2021, the company saw tremendous revenue growth and demonstrated how a well-managed strategy can help companies grow. The company sold more vehicles in the …
Accenture is now a leading player in European cybersecurity
The latest report from Forrester Research names Accenture Plc (NYSE: ACN) as the European industry leader in cybersecurity consulting. The report confirms that it is Accenture's exceptional, technology-driven offerings that are helping the company dominate the …
Amazon has taken its first steps into the cannabis industry
The e-commerce giant Amazon is officially lobbying for cannabis. The company officially registered this week to support the MORE Act, a bill to end federal criminalization of cannabis. This is important news as it could help make legislation a reality. "I'm …
Alphabet to pay major fine in France
The French competition authority fined Alphabet Inc. Class C (NASDAQ: Demokratie) a $ 593 million fine for allegedly ignoring an order requiring it to negotiate paid deals with news publishers. This puts pressure on Google in a global battle over whether and …
LVHM´s Private Equity Subsidiary reveals plans to purchase Etro
L Catterton, a private equity firm backed by French luxury giant LVMH, has agreed to buy a 60 percent stake in Italian fashion company Etro, two sources familiar with the matter said on Sunday. Etro valued the deal at around 500 million euros ($ 590 million), …
Johnson & Johnson wants to outsource baby powder litigation costs
Johnson & Johnson (NYSE: JNJ) is considering a plan to outsource the liabilities from the widespread baby powder litigation to a newly formed company that would file for bankruptcy protection, according to seven people familiar with the matter. During the …
FansUnite closes 25m dollar financing
FansUnite Entertainment (FANS.C) announced the completion of its IPO for gross proceeds of $ 24,792,390. FANS put 27,547,100 units on the offering, which sold at $ 0.90 each. Each unit consisted of one share and half a warrant for one common share. Each full …
Here are three psychedelics stocks you should watch
ATAI Life Sciences N.V. (ATAI), Compass Pathways Plc (CMPS), and Mind Medicine Holdings (MNMD) are three stocks engaged in the commercialization of psychedelics for medical use. Investors should keep them on their radar as they have massive long-term …
Paypal´s move to raise transaction fees causes panic
Small business owners will struggle with their payments as online transaction platforms Paypal Holdings Inc (NASDAQ: PYPL) and Venmo decided to increase their transaction fees. These new changes will take effect on July 20th. So it is now up to the small …