brokerage

Israeli digital brokerage eToro is seeking a valuation of more than $3.5 billion and considers the U.S. a potential destination to list its shares, the Financial Times reported on Sunday.The retail trading platform is weighing an initial public offering (IPO) in New York or London, CEO Yoni Assia told the newspaper, adding that a US listing would give the company access to a broader range of investors than a presence on the British market.Elevate Your Tech Prowess with High-Value Skill CoursesOffering…

Jenny Morant has had a tough year. In Manhattan Beach, California, where she works as a real estate agent, it’s been impossible to sell a house. What’s driving the market right now? “We’re down to divorces, maybe marriages, maybe babies, and job relocation,” Morant says.Interest rates are largely to blame: After the Fed raised rates to 5.5% in July and then held them there, the mortgage rate soared. In October, the national average for a 30-year fixed mortgage was 7.86%. In California, it was more than 8.5%. Buyers who…

With AI rapidly becoming a buzzword across industries, oil and gas companies are exploring ways to use this technology to fuel innovation in the energy sector.Here are 10 predictions for future applications of AI in energy, according to brokerage Jefferies.Asset management & monitoring Jefferies expects energy firms to partner with tech companies to develop digital replicas of their infrastructure to manage assets and facilitate predictive maintenance, identifying defects before they occur.Shell has partnered with…

Tesla has already been working to retool its Shanghai assembly plant to prepare for a revamped version of its Model 3 sedan.Tesla is poised to report one of its best quarters in China, the latest retail sales data showed, after becoming the first electric vehicle maker in the country to cut prices in a bid to defend its market share. The U.S. EV maker's retail sales in China totalled 106,915 units from Jan. 1 to March 19, or 1,371 units per day on average, according to data from China Merchants Bank International, which…

How to start cooperating with DotBig? DotBig is a popular and progressive trading platform that provides traders with access to the foreign exchange (Forex), stock (securities), and cryptocurrency markets. The company offers fairly favorable trading conditions and a reliable system for protecting personal data. What are the tools for trading and how to start trading? For traders of any level, this international Forex broker provides access to various assets. Thus, users can trade: Shares. They are securities…

Vlad Tenev, CEO and co-founder Robinhood Markets, Inc., is displayed on a screen during his company’s IPO at the Nasdaq Market site in Times Square in New York City, U.S., July 29, 2021.Brendan McDermid | ReutersRobinhood CEO Vlad Tenev said Wednesday that the retail brokerage is not looking to be acquired despite announcing major layoffs after another quarter of shrinking active users."In one word: No," Tenev said on an investor call when asked about potentially being bought by another firm. "I think we're in a great…

The Brazilian brokerage XP Inc expects to open its digital assets trading platform to clients by mid-August, initially offering bitcoin and ether but with plans to expand it by the end of this year, the company's director of financial products said. Lucas Rabechini told Reuters in an interview that clients with an "adequate investment profile for such operations" will be allowed into the Xtage platform, now just open to employees, starting next month. XP currently has 3.6 million customers, but said crypto trading will…

India's stocks didn't have a good start in the first half of the year, but stock brokerage Kotak Securities remains bullish on two stocks.Reliance Industries, an energy and telecommunications conglomerate, has been making a lot of small acquisitions and is "very aggressive" in converting companies into digital businesses, said Shrikant Chouhan, executive vice president and head of equity research at Kotak Securities."Telecom and digital will contribute a lot in the near future," he told CNBC's "Street Signs Asia" on…

Sam Bankman-Fried, CEO of cryptocurrency exchange FTX, at the Bitcoin 2021 conference in Miami, Florida, on June 5, 2021.Eva Marie Uzcategui | Bloomberg | Getty ImagesFTX has been on the hunt to buy brokerage start-ups as the crypto exchange expands into stocks, and its CEO takes a major stake in Robinhood.The Bahamas-based company has approached at least three privately held trading start-ups about an acquisition, according to sources familiar with those negotiations, who asked not to be named because the deal talks were…