Investment banks lift Broadcom price targets after strong results
Broadcom (NASDAQ:AVGO) released impressive quarterly results earlier this week, and a number of investment banks have responded positively, raising their price targets as a result. The chipmaker raised its forecast for annual revenue from AI-linked chips to $11 billion from $10 billion, raised its annual revenue and core profit projections and announced a 10-for-1 stock […]
Britain’s Lloyds Bank consolidates London offices
Lloyds Banking Group (LLOY.L), will leave one of its London office sites as part of a consolidation into three remaining premises, the British bank said on Thursday. Lloyds will leave its building at 125 London Wall, in the capital’s City financial district, by 2025, the bank said. The lender’s nearby office in Old Broad Street, which […]
Breakingviews: Hyundai’s India IPO will have imitators
MUMBAI, June 17 (Reuters Breakingviews) – If Hyundai Motor’s (005380.KS), opens modern tab up to $3 billion starting open advertising of its Indian trade solidifies a premium valuation as effectively as anticipated, other multinationals seem surge to list their neighborhood operations in the South Asian nation. The South Korean carmaker on Saturday recorded for a posting of the unit in Mumbai. The target valuation of up to $30 billion, per Reuters citing anonymous sources, is 53 times its profit in […]
EU assessing deal by UAE’s e& for PPF over alleged subsidies
UAE telecoms group e&’s (EAND.AD), opens new tab bid for parts of Czech telecoms company PPF’s assets will be investigated on concerns it may be benefiting from distortive foreign subsidies, EU competition regulators said on Monday. The deal would see e&, formerly called Etisalat, acquire sole control of PPF Telecom excluding its Czech business. The examination of […]
How Quantum Computing is Revolutionizing Asset Trading
Introduction Quantum computing represents a significant leap forward in computational power, with the potential to revolutionize various industries, including asset trading. This blog explores how quantum computing is transforming trading and the specific applications within the Trade Max platform. Quantum Computing in Trading Quantum computing differs from classical computing by leveraging quantum bits (qubits) that […]
Navigating Market Volatility: Expert Tips and Insights
Introduction Market volatility is a double-edged sword; it can present lucrative opportunities but also pose significant risks. Understanding how to navigate volatile markets is essential for any trader looking to succeed. This blog offers expert tips and insights on managing market volatility effectively. Strategies for Managing Volatility Diversification and Asset Allocation: Spreading investments across different […]
Top Strategies for Successful CFD Trading with Trade Max
Introduction Contracts for Difference (CFDs) have become a popular trading instrument, offering traders the ability to speculate on price movements without owning the underlying assets. However, successful CFD trading requires strategic planning and execution. This blog explores essential strategies for CFD trading and how Trade Max can help optimize these strategies. Essential CFD Trading Strategies […]
Harnessing AI for Smarter Trading: A Deep Dive into Trade Max Technology
Introduction In the rapidly evolving world of trading, technology has become a crucial element in achieving success. Artificial intelligence (AI) has revolutionized trading, providing tools and insights that were once unimaginable. At the forefront of this revolution is Trade Max, a platform that leverages advanced AI to empower traders with smarter trading strategies and unparalleled […]
St James’s Place hires UBS executive as CFO
British wealth manager St James’s Place (SJP.L), said on Thursday it had hired UBS (UBSG.S), executive Caroline Waddington to be its chief financial officer, succeeding Craig Gentle who plans to retire. Waddington was previously chief financial officer of UBS’s Credit Suisse entities in Britain, following the takeover of the stricken Swiss bank by its rival. She will join […]
Carlyle, KfW join forces in effort to buy Thyssenkrupp warship division, sources say
Private equity firm Carlyle and German development bank KfW are in talks to jointly buy most of Thyssenkrupp’s (TKAG.DE), submarine unit, three people familiar with the matter said, in the latest sign of how the Ukraine war is reshaping Europe’s defence sector. The plan to join forces and take a majority stake in Thyssenkrupp Marine Systems (TKMS) […]