Financial markets

The Current10:20The case for a ‘leap minute’The leap year is the most famous of the leap family, keeping our calendars right every year, while behind the scenes, with little fanfare, the leap second has been doing its part. But global stakeholders believe it's time for a change — the leap minute."Ever since we've invented clocks, we've been having to make sure that they are keeping us relative to the sky," Rob Cockcroft, an assistant professor of physics and astronomy at McMaster University in Hamilton, Ont., told host…

Robinhood When it comes to the stock market and general investments, a return is not always a done deal. However, as of the end of November 2023, the S&P 500 has posted a total annual return of about 21%. That means if you had invested in the S&P ahead of 2023, you’d now be sitting on some decent profits. As we head into 2024, that should be hot on your mind, and you might want to start thinking about investing. Of course, that also means putting money aside to invest, opening an account with a broker, and…

Digital Trends So, you’re considering investing in stocks, cryptocurrencies, or something similar, but don’t know where to start? There are tons of apps out there that can help. Whether you’re planning to invest a little or a lot, there’s an app that can work for you. These apps are not only great for trading, but they can also help you learn more about different companies and investment opportunities so you can make informed decisions before spending a penny. Now, you might wonder, which app is the best for…

Digital Trends Investing can be intimidating, especially if you’re new to the game. But with the right tools and resources, you can make informed decisions and boost your earnings. We’ve got you covered whether you’re interested in stocks, mutual funds, or cryptocurrencies. The apps we’ve picked can be used on iOS and Android-based devices, including the iPhone 15, Galaxy S23, Pixel 8 Pro, and many more. We’ve researched and tested different investment apps to help you separate the good from the bad, which you’ll…

Digital Trends Cryptocurrency has become the new trend, and many people are investing in virtual currencies. However, with so many cryptocurrencies available, deciding where to invest can be challenging, as well as keeping track of the market’s changes and — most importantly — storing your digital assets securely. Fortunately, you can use your smartphone to stay updated about your investments. You can download many apps to track your coins, use them as a virtual wallet, or even use them as handy tools to stay ahead…

The spread of artificial intelligence (AI) has the potential to be “highly disruptive” to financial markets as the technology aids the publication of false information, and makes leaks of intellectual property more likely, according to analysts at UBS Group AG.In an ESG investing op-ed published Friday, UBS analysts Annabel Willder, Victoria Kalb and Julie Hudson listed all the ways in which the increasing adoption of generative AI might results in a number of ethical issues.“Inaccurate information or ‘confabulations’…

Photo: Michael M. Santiago (Getty Images)Robinhood App Lays Off 9% of StaffArtificial Intelligence-powered tools, such as ChatGPT, have the potential to revolutionize the efficiency, effectiveness and speed of the work humans do. And this is true in financial markets as much as in sectors like health care, manufacturing and pretty much every other aspect of our lives.I’ve been researching financial markets and algorithmic trading for 14 years. While AI offers lots of benefits, the growing use of these technologies in…

Stock trading app Robinhood wants to edge out the behemoth that is the New York Stock exchange. Rather than eating from the same dish of its own personal sheriff of Nottingham, the app that was once the darling of the WallStreetBets crowd is hoping its always-on audience might appreciate the ability to buy and sell stocks at every hour of the day.Robinhood App Lays Off 9% of StaffThe company proclaimed it was working on 24-hour trading for certain stocks in its latest quarterly financial report released Wednesday. Vlad…

Good news — Nvidia has just lowered the price of its best graphics card. There are some caveats, though. The price adjustment for the RTX 4090 is only happening in Europe, and only the Founders Edition GPU is affected. In total, the RTX 4090 is now 9.2% cheaper than it was upon launch. Is Nvidia suddenly feeling generous? Jacob Roach / Digital Trends A lot can be said about the RTX 4090, but most people wouldn’t exactly call it cheap — it launched with a $1,600 starting price in the U.S. Europe had it worse from the…

In a highly anticipated report on the collapse of Silicon Valley Bank, the Federal Reserve admits that it should’ve been paying slightly closer attention to the tech-centric bank before it unceremoniously collapsed last month. At the same time, the Fed’s report also reveals what everybody already could’ve guessed: SVB was a poorly run bank.Robinhood App Lays Off 9% of StaffLong a headquarters for the money of tech startups and venture capital, SVB collapsed in March as the result of a number of screwy financial decisions…