Financial News

Eastern Costa del Sol town uses AI to control traffic

LIVE UPDATES: Trump bars Carney from Board of Peace

Canadian-U.S. relations remain in the spotlight Friday after U.S. President Donald Trump withdrew Canada’s invitation to his Board of Peace. Meanwhile, Prime Minister Carney is in Quebec City for a cabinet meeting following a public rebuke of U.S. rhetoric.

Cyprus’ Block 10 gas reserves estimated at 6-9 trillion cubic feet, says ExxonMobil

Cyprus’ gas reserves in Block 10 of its Exclusive Economic Zone (EEZ) are estimated at 6-9 trillion cubic feet, according to ExxonMobil. The figure was revealed during a meeting between President Nicos Christodoulides and ExxonMobil Vice President John Ardill on 23 January 2026 at the Presidential Palace. According to a press release by the Presidency, [...]

Asset servicing gains new importance in an increasingly digital world

Once seen as a sleepy corner of the financial services industry, asset servicing has become increasingly important for banks as artificial intelligence, blockchains and a generational transfer of wealth alter the landscape.

Experts Project ZKP Crypto Is on Track to Unlock 7000x Gains with Data-Based Model, While XRP and Dogecoin ETF Flash Red

Discover why Zero Knowledge Proof (ZKP) is the best crypto to buy with 7000x projections, as the XRP price and the Dogecoin ETF stay under pressure.

The Top Stock to Buy With $30 for 2026

It's a great opportunity to "buy low."

2 Growth Stocks Set to Soar Higher in 2026

These top Canadian growth stocks do appear to be poised for yet another big year in the markets due to key structural drivers. The post 2 Growth Stocks Set to Soar Higher in 2026 appeared first on The Motley Fool Canada.

XRP Spot ETFs Head Toward First-Ever Weekly Outflows

XRP spot exchange-traded funds are heading toward their first recorded weekly net outflow, according to recent flow data. The shift suggests cooling investor appetite after a period of consistent inflows into XRP-linked products. XRP spot ETFs are showing signs of strain for the first time since their launch. After weeks of steady inflows, the products [...]

Alibaba Reportedly Planning T-Head Spinoff — Eyeing High China Chip Valuations?

China's leading e-commerce company is reportedly considering a spinoff and separate listing for its chip-making unit, following a similar plan by Baiduimage credit: Bamboo WorksKey Takeaways:Alibaba is reportedly weighing a plan to spin off and list its T-Head unit, hoping to join the ranks of other Chinese AI chipmakers with extremely high valuationsShares of rival chipmaker Biren have nearly doubled since their Jan. 2 Hong Kong trading debut, while Moore Threads is up nearly fivefold since its December Shanghai listingIf opening one lock doesn't work, then try another. That seems to be the latest story at e-commerce giant Alibaba Group Holding Ltd. (NYSE:BABA) ( 9988.HK), which is reportedly considering a spinoff and separate listing for T-Head, its chip-making division.If it happens, the spinoff, often called "unlocking shareholder value," would come nearly three years after the company announced a much bigger plan to split itself into its six main divisions and make separate listings for some or all of those. Company watchers will know that plan ultimately got scrapped, and Alibaba has largely remained intact in its current form since then.Somewhat ironically, the T-Head division now being planned for a potential spinoff is closely tied to Alibaba's Cloud Intelligence Unit, though T-Head's website only describes itself as "a wholly-owned semiconductor chip business entity of Alibaba Group." The cloud unit was one of the first of Alibaba's six units to scrap its spinoff under the original breakup plan. At the time, one of the stated reasons was U.S. restrictions that banned Chinese companies from buying advanced AI chips from Nvidia (NVDA.US) and other U.S. suppliers.T-Head and a growing group of other Chinese chip startups are working hard to fill that gap by developing their own AI chips, formally known as graphics processing units (GPUs). Some of those companies are parts of larger names like Huawei's HiSilicon and Baidu's (NASDAQ:BIDU) (9888.HK) Kunlunxin.Others are standalone startups like Moore Threads (688795.SH), Cambricon (688256.SH) and Biren (6082.HK), whose shares have all soared lately. Since its listing on Jan. 2, Biren's shares have nearly doubled. Moore Threads are up more than fivefold since their December IPO. All three companies have triple-digit price-to-sales (P/S) ratios, with Moore Threads and ...Full story available on Benzinga.com

WBH Advisory Inc. Acquires 74,480 Shares of Schwab U.S. Large-Cap Growth ETF $SCHG

WBH Advisory Inc. boosted its holdings in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG – Free Report) by 10.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 804,729 shares of the company’s stock after acquiring an additional 74,480 [...]

iShares MSCI USA Momentum Factor ETF $MTUM Shares Bought by WBH Advisory Inc.

WBH Advisory Inc. raised its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM – Free Report) by 687.4% in the 3rd quarter, Holdings Channel reports. The fund owned 12,079 shares of the company’s stock after acquiring an additional 10,545 shares during the period. WBH Advisory Inc.’s holdings in iShares MSCI USA Momentum Factor ETF [...]

Vanguard Total Stock Market ETF $VTI is WBH Advisory Inc.’s Largest Position

WBH Advisory Inc. boosted its position in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI – Free Report) by 6.1% during the 3rd quarter, HoldingsChannel reports. The firm owned 211,026 shares of the company’s stock after buying an additional 12,181 shares during the period. Vanguard Total Stock Market ETF comprises about 5.3% of WBH Advisory [...]