Crypto

Bank of America, Goldman Sachs, HSBC and More Raising Brent Oil Price Forecasts Amid Persistent Gulf Shipping Disruptions

Major financial institutions are revising their Brent crude oil price projections due to ongoing disruptions in Middle East shipping routes. Commerzbank, headquartered in Frankfurt, has raised its year-end Brent forecast to $85 per barrel, up from $75, according to a …

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Revolut tricked into handing hackers the passports and Bitcoin histories of wealthy customers

Revolut recently faced a data breach that resulted in the disclosure of customers’ sensitive information, including passports, verification selfies, and Bitcoin transaction histories. The breach occurred when the company mistakenly treated a fraudulent government request as legitimate. Affected customers were …

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US Tech Firms Post Record 24% Profit Margins Amid AI Surge, Outpacing Non-Tech Companies by Wide Margin

US technology companies are experiencing unprecedented profit margins due to advancements in artificial intelligence. According to reports from The Kobeissi Letter, profit margins for Technology, Media, and Telecom stocks have surged to 24%, doubling from levels seen during the market …

US Tech Firms Post Record 24% Profit Margins Amid AI Surge, Outpacing Non-Tech Companies by Wide Margin Read More »