In an era characterized by financial unpredictability, DBS Group Holdings, Singapore’s largest bank by assets, has demonstrated remarkable resilience and impressive growth. The CEO, Piyush Gupta, has revealed the bank’s exceptional performance for the financial year ending December 31, 2024, where net profit soared to 11.4 billion Singapore dollars (approximately $8.4 billion), an 11% increase
Innovative
In recent years, the phenomenon of late-round draft picks exceeding expectations has drawn the attention of sports analysts and executives alike. Perfectly exemplified by Brock Purdy, the San Francisco 49ers quarterback selected as the last pick in the 2022 NFL Draft, this case raises critical questions about traditional scouting methodologies. Many overlooked Purdy’s innate qualities,
Affirm Holdings, a prominent player in the buy now, pay later (BNPL) market, recently reported their fiscal second-quarter results with surprising success, marking a pivotal moment for the company. The figures released not only surpassed analysts’ expectations but also indicated a broader trend of increased consumer engagement and innovative strategic moves within the fintech space.
As global trade dynamics continue to evolve, the potential impact of tariff policies becomes a hotly debated topic. Former President Donald Trump’s discussions about implementing an “all tariff policy” have sparked widespread skepticism, particularly regarding the feasibility of relying predominantly on tariffs to replace income tax. This exploration dives into the complexities of relying on
In the world of financial technology, the emergence and evolution of startups often come with a rollercoaster of financial turns, and GoCardless is a prime example. Recently, this London-based unicorn has been making headlines with a significant reduction in losses and a strategy focused on achieving profitability within the next few years. As GoCardless advances
As the global automotive industry increasingly pivots towards sustainable practices and electric mobility, Honda Motor Co. is making waves with its substantial reinvestment in Ohio, a state not traditionally known as a hub for groundbreaking automotive innovations. With over $1 billion in new investments, Honda aims to fortify its manufacturing capabilities in a landscape that
As the summer heat intensifies, the housing market faces unique challenges that can hinder both buyers and sellers. A recent report highlights the significant impact that soaring temperatures can have on open house attendance, revealing a drop in pending home sales by 5.6% compared to last year—the steepest decline seen in eight months, according to
As the Nasdaq 100 celebrates its 40th anniversary, a deep transformation is looming on the financial horizon. Initially launched in 1985, the index has surged an astounding 17,106% to date. This milestone not only marks the enduring influence of technology stocks in the market but also hints at a potential convergence between traditional equities and
As markets grapple with several unpredictable dynamics, investors are faced with a challenging landscape, particularly as the curtain fell on January. Recent shifts in Federal Reserve policies, the maze of an active earnings season, and looming threats from potential tariffs have all contributed to heightened volatility in financial markets. Amid this uncertainty, discerning which stocks
As we delve into 2025, the IPO market demonstrates a mix of cautious optimism and underlying challenges. With over a dozen companies initiating their public trading journeys, including the most recent launch on a Thursday, market reactions have not been as enthusiastic as one might anticipate. Investors seem hesitant, reflecting a broader sentiment that has