The FinTech Hub
Source: Live Mint United States benchmark indices such as the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average dropped ahead of the Wall Street open on Monday, 19 May 2025, after ratings agency Moody’s downgraded the US sovereign debt ratings on Saturday. S&P 500 futures contracts dropped 1.3 per cent, as investors cooled off…
Source: Live Mint MakeMyTrip Q4 Results: Online travel bookings platform, MakeMyTrip, announced its January to March quarter results for the financial year 2024-25 on Wednesday, May 14, 2025. The company witnessed an 83 per cent fall in its net profit for the fourth quarter to $29.2 million in the 2024-25 fiscal year, compared to $171.9…
Source: Live Mint Meta Platforms Inc.’s Chief Executive Officer (CEO), Mark Zuckerberg, is allegedly planning to add crypto support for the company’s three billion users, reported the news portal Forbes, citing some industry leaks on Sunday, May 11, 2025. This development of the leak and Zuckerberg’s alleged plan will likely pump up the cryptocurrency market,…
Source: Live Mint US Federal Reserve Chairman Jerome Powell, in his press briefing on May 7, 2025, responded to criticism of US President Donald Trump questioning his role as the head of the Fed. Powell said that Trump’s take doesn’t affect his job at all, and he will be doing the same thing he has…
Source: Live Mint US Fed Meeting LIVE: The United States’ Federal Reserve has kept its key benchmark interest rates “unchanged” since December 2024 amid global uncertainty caused by the raging trade war, a slowing economic growth in the nation, and unstable inflation trends. US Fed Chairman Jerome Powell is poised to announce the results of…
Source: Live Mint Wall Street Today: S&P, Nasdaq open higher as US-Japan tariff talks begin; UnitedHealth drags Dow down 1.5% At 9:30 p.m. (EDT), the Dow Jones Industrial Average fell 462.72 points, or 1.17%, to 39,206.67. The S&P 500 rose 29.8 points, or 0.56%, at the open to 5,305.45, while the Nasdaq Composite rose 92.8…
Source: Live Mint Meta Platforms Inc. aims to invest $60 billion to $65 billion in capital expenditure in 2025, according to Chief Executive Officer (CEO) Mark Zuckerberg’s post on social media platform Facebook on Friday, January 24. “We’re planning to invest $60-65B in capex this year while also growing our AI teams significantly, and we…
