Visa Launches Stablecoins Advisory Practice
Crowdfund Insider· 2025-12-16 07:15
Visa (NYSE: V) today launched its Stablecoins Advisory Practice. The new service by Visa Consulting & Analytics (VCA) provides actionable insights and recommendations to guide banks, fintechs, merchants, and businesses of all sizes on market fit, strategy, and implementation. As the stablecoin market cap surpasses $250 billion, Visa’s settlement volume has accelerated, reaching a $3.5 billion annualized run rate as of Nov. 30.“Putting our members first has always been our mission, and we’re committed to exp ...
Energy Transfer Stock Is Below $17. Time to Buy?
The Motley Fool· 2025-12-16 07:15
Energy Transfer has a lot going for it these days.Units of Energy Transfer (ET 0.21%) have fallen below $17 over the past month. As a result, the master limited partnership (MLP) now yields more than 8%. Here's a look at whether it's time to buy the high-yielding MLP. Why is Energy Transfer down?Units of Energy Transfer are down over 15% year-to-date. That slump has come at a time when the S&P 500 has rallied over 16%. The main factor fueling Energy Transfer's underperformance is its slowing growth rate. Th ...
Natural Gas and Oil Forecast: Weak Demand and Heavy Supply Keep Rallies Limited
FX Empire· 2025-12-16 07:14
Core Viewpoint - The content emphasizes the importance of conducting personal research and due diligence before making any financial decisions, particularly in the context of complex financial instruments like cryptocurrencies and CFDs [1]. Group 1 - The website provides general news, personal analysis, and third-party materials intended for educational and research purposes [1]. - It explicitly states that the information does not constitute a recommendation or advice for investment actions [1]. - Users are encouraged to consult competent advisors and consider their individual financial situations before making decisions [1]. Group 2 - The website highlights the high risk associated with cryptocurrencies and CFDs, noting that they are complex instruments that can lead to significant financial losses [1]. - It advises users to fully understand how these instruments work and the associated risks before investing [1]. - The content may include advertisements and promotional material, with the company potentially receiving compensation from third parties [1].
Norway police fine Equinor over pollution at Mongstad refinery
Reuters· 2025-12-16 07:13
Core Viewpoint - Norwegian police have fined Equinor for pollution at its Mongstad refinery, indicating regulatory scrutiny on environmental practices in the oil and gas sector [1] Company Summary - Equinor, a Norwegian oil and gas company, has faced penalties due to pollution issues at its Mongstad refinery located on Norway's west coast [1]
Citizens Financial Group sees prediction markets revenue soaring fivefold
Invezz· 2025-12-16 07:12
Prediction markets are emerging as one of fintech's fastest-growing revenue streams, according to new analysis from Citizens Financial Group, cited in a Bloomberg report. Platforms that allow users to... ...
McKinsey Plots Thousands of Job Cuts in Slowdown for Consulting Industry
Insurance Journal· 2025-12-16 07:11
As McKinsey & Co. partners gathered in the consulting giant’s birthplace in late October, Bob Sternfels delivered a rallying cry. “We will kick some ass as we start our second century,” the firm’s top executive told the thousands of attendees.But away from the 100-year festivities in Chicago, McKinsey bosses have been conveying a more pragmatic message: It’s time to get leaner. The firm’s leadership has discussed with managers in non-client-facing departments the need to cut about 10% of headcount across th ...
Asian shares, US futures sink ahead of US jobs report
ABC News· 2025-12-16 07:09
Shares have tumbled in Asia and U.S. futures also fell ahead of the release of U.S. employment and inflation reports that could drive the direction of interest ratesCurrency traders pass by a screen showing the Korea Composite Stock Price Index (KOSPI), top center left, and the foreign exchange rate between U.S. dollar and South Korean won, top center, at the foreign exchange dealing room of the Hana Bank headquarters, in Seoul, South Korea, Friday, Dec. 5, 2025. (AP Photo/Ahn Young-joon)BANGKOK -- Shares t ...
Freeport-McMoRan Inc. (NYSE: FCX) Faces Legal Challenges Amid Positive Outlook
Financial Modeling Prep· 2025-12-16 07:06
Morgan Stanley sets a price target of $53 for FCX, indicating an 11.47% potential upside.The Rosen Law Firm announces a class action lawsuit for investors who purchased FCX securities between February 15, 2022, and September 24, 2025.FCX's current stock price is $47.55, with a year's trading range between $49.12 and $27.66.Freeport-McMoRan Inc. (NYSE: FCX) is a leading mining company known for its significant copper, gold, and molybdenum reserves. As a major player in the mining industry, FCX competes with ...
Michael Burry Says The One Thing He Wished He Had Done Before 2008 Crisis Was To Have Been The Canary In The Mine: 'People Wonder Why I Do This' - Meta Platforms (NASDAQ:META), Microsoft (NASDAQ:MSFT)
Benzinga· 2025-12-16 07:06
Investor Michael Burry has doubled down on his claims regarding GPU depreciation at leading hyperscalers and AI companies, citing recent remarks by Microsoft Corp. (NASDAQ:MSFT) CEO Satya Nadella, who highlighted the complex economics of large-scale data center investments. Burry Regrets Not Being More Vocal In 2008On Monday, in a post on X, Burry, who rose to prominence for shorting the housing market ahead of the 2008 financial crisis, said that he regrets not warning others more effectively about the ris ...
App developers urge EU action on Apple fee practices
Reuters· 2025-12-16 07:02
Core Viewpoint - A coalition of 20 app developers and consumer groups is urging European regulators to enforce EU laws against Apple, claiming that the company's fee structure creates an unfair disadvantage for European developers compared to their U.S. counterparts following a recent U.S. court decision [1] Group 1 - The coalition consists of 20 app developers and consumer groups [1] - The call to action is directed towards European regulators to take measures against Apple [1] - The complaint centers around Apple's fee structure, which is perceived as unfair to European developers [1] Group 2 - The issue arises in the context of a recent court decision in the United States that may impact the competitive landscape [1] - The coalition argues that the disparity in fees affects the ability of European developers to compete effectively with U.S. rivals [1]