This Chipmaker Just Crushed Expectations Again. So Why Did the Stock Drop?

Key insight: The recently announced consortium of crypto companies behind OpenUSD, a new dollar-denominated stablecoin, will have to demonstrate that it can build partnerships with banks and intermediaries before it can challenge USDC and Tether.  What’s at stake: Consortiums are easy to establish, but a lot of work is needed to make it a credible…

Hundreds of thousands more pensioners look set to pay income tax than the government previously estimated, according to new HMRC figures. Since freezing the thresholds in 2021, more people – especially pensioners – have been caught by the income tax net. The tax allowance was set at £12,570 in 2021/22. Since then, three million more…

Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. For all the doom and gloom in the white-collar job market these days, the corporate finance and accounting sector may be a bright spot, for now. Both hiring and compensation in the space are expected to tick…

The London Stock Exchange recently celebrated 25 years of its FTSE4Good range of indices, designed to assess and boost corporate “sustainability”. Strictly excluded were firms involved in areas such as tobacco and weapons that were considered controversial. The restrictions quickly expanded to exclude the defence industry, fossil fuels and gambling. The subsequent rush to ESG…

This article was written by Follow Ph.D. in chemistry, Masters certificates in International Finance and Program/Project Management. Over 38 years experience in high tech and biotech. Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72…