News

The European Commission Fined Mastercard for €570 Million

JAN 24, 2019 The European Commission fined the Mastercard payment system for €570.6 million ($648.3 million) for abusing the dominant position in the EU non-cash transaction market....

Telegram Will Launch a Blockchain Platform and Cryptocurrency in March 2019

JAN 23, 2019 Telegram prepares to launch a working version of TON (a blockchain platform) and Gram (its own cryptocurrency) in March 2019 they will be available to all....

Ethereum Approached XRP. The Distance Between Them Was Reduced to $130 million

JAN 18, 2019 Ethereum became more expensive by 9% over the past day, and its capitalization increased by $1.3 billion....

JP Morgan Quarterly Profit Increased 1.7 Times in the 4th Quarter

JAN 17, 2019 The net profit of JP Morgan Chase & Co., the largest US bank in terms of assets, grew 1.7 times (by 67%) in the 4th quarter of 2018 and amounted to $ 7.066 billion, or $ 1.98 per share, compared to $4.232 billion, or $1.07 per share, received during the s...

Salesforce Intends to Merge Clicksoftware, an Israeli Company, for $1.5 billion

JAN 16, 2019 Salesforce, an American corporation, intends to merge Clicksoftware, an Israeli company. The Israeli economic publications Globes and Calcalist reported about the negotiations....

Samsung Announced the First Decrease in Profits in Two Years

JAN 14, 2019 Samsung Electronics, a South Korean company, divulged a forecast of financial results for the fourth quarter that distressed investors. The Company’s operating profit fell down by 29%....

Apple Is No Longer the Most Expensive Company in the World

JAN 11, 2019 On August 1, 2018, Apple published a financial report that turned out to be better than analysts had predicted, and the Company had risen in price to a trillion dollars for the first time in its history....

AMD Shares Became the Best Asset in 2018 Among the 500 Largest Companies

JAN 10, 2019 Due to a 54% decrease in the fourth quarter of 2018, NVIDIA shares were the worst asset for investments in the list of S&P 500, a basic stock index with a basket of 500 selected US stock companies with the highest capitalization....

US Stock Indexes Showed the Worst Year Start for 18 Last Years

JAN 9, 2019 The beginning of the year was not easy for the US stock markets – Dow Jones and S&P 500 showed the worst start for almost two decades. A sharp decrease in the price of Apple shares had significant impact on the fall of the indexes....

JD Buys Back Shares on Amount of $1 Billion

DEC 30, 2018 JD.com announced on Wednesday, December 26 that its Board of Directors approved share buyback program on amount of $1 billion, equivalent to about 3.5% of the Company’s market capitalization....