Bulgarian Unicorn, Payhawk Simplifies Baltic Business Payments With Lithuania Expansion
Global spend management solution and Bulgaria’s first unicorn, Payhawk, has obtained an Electronic Money Institution (EMI) license from the Bank of Lithuania. This has allowed the solution to open a local office in the country, as it now looks to hire a team of finance professionals to accelerate product development. The expansion into Lithuania means […]
Looking Into Illumina’s Recent Short Interest
Illumina’s (NYSE:ILMN) short percent of float has risen 23.74% since its last report. The company recently reported that it has 6.92 million shares sold short, which is 4.9% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.3 days to cover their short positions on average. […]
(AEP) – Analyzing American Electric Power’s Short Interest
American Electric Power’s (NYSE:AEP) short percent of float has risen 5.74% since its last report. The company recently reported that it has 6.64 million shares sold short, which is 1.29% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.68 days to cover their short positions […]
Peering Into Booking Holdings’s Recent Short Interest
Booking Holdings’s (NYSE:BKNG) short percent of float has risen 8.09% since its last report. The company recently reported that it has 938 thousand shares sold short, which is 2.54% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.87 days to cover their short positions on […]
Binance Cuts Back Employee Benefits, Citing Decline in Profit
The company told staffers that it would stop offering mobile-phone reimbursement, fitness reimbursement and work-from-home expenses, among other items.Read More
Big Banks’ Earnings Have Some Bad News for Smaller Banks
Regional lenders due to report results this week will likely be hit harder by rising deposit costs.Read More
Cathie Wood’s ARK Writes Down Twitter Stake by 47%
Wood is still bullish on Twitter’s long-term outlook and said her fund updates its internal valuations of private companies frequently.Read More
Fintech Ayden Becomes an Early Adopter of FedNow; the US’ new Instant Payment Infrastructure
Global fintech platform Adyen has become one of the first firms to complete testing and receive certification to use the Federal Reserve’s instant payment infrastructure launching in July 2023: FedNow. Adyen obtained its US banking branch license in 2021and, by becoming one of the first industry players able to access the FedNow Service, it hopes […]
What’s Next for Israel’s Judicial Overhaul?
Israeli lawmakers are advancing parts of a contentious plan by the right-wing government to reduce the power of the Supreme Court. A final vote is expected by early next week.Read More
Israeli President Herzog’s White House Visit Highlights Biden’s Anger At Netanyahu
President Isaac Herzog of Israel visits Washington this week. Benjamin Netanyahu, the Israeli prime minister, has yet to receive a similar invitation this year.Read More
