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Press Releases

US market may be expensive but sentiment remains strong: Pro

This is because the economy remains firm and interest rates have not risen as quickly as expected, says Kingsley Jones at Jevons Global.


Regtech firm Merlon raises $7.65 million in seed finance to fight money laundering and improve big data analysis

Merlon Intelligence, a provider of risk management and compliance solutions for financial services companies, has raised $7.65 million in seed financing.


Trump's proposed US oil reserve sale feels opportunistic, says CEO of global energy firm

President Trump's proposal to sell half of America's emergency oil stock seems "opportunistic", according to the CEO of Vedanta Resources.


Microsoft reportedly buys Israeli cybersecurity firm Hexadite

U.S. computing giant Microsoft is said to have acquired Israeli cybersecurity startup Hexadite for $100 million, the Hebrew language website Calcalist reported on Wednesday.


The top is in for stocks, but here's how you can still make money: Wells Fargo strategist

A major Wall Street firm gives its case for a sideways market.


Disruptor 50: Progyny makes No. 13 on the list

Number 13 on CNBC's Disruptor 50 list, David Schlanger, Progyny CEO, discusses how the New York City-based firm is disrupting health care and is trying to make it easier for couples that are facing fertility issues.


UBS modifies Fed calls, expects rates to rise in June and September

UBS economists are now penciling in a rate hike by the Federal Reserve in June, followed by one in September, the firm said in a note Wednesday.


Peter Thiel's foundation spawned a science-based venture fund that just raised $46.5 million

Peter Thiel's focus on funding early-stage science projects led to a new venture firm that's just raised some money to back emerging start-ups.


Fintech unicorn Transferwise achieves first profit

U.K. fintech firm Transferwise claimed its first operational profit today, six years after it was founded in London.


Traders are increasing their bets against Snap shares

Traders are increasing their bets against shares of Snap, according to data from a financial technology firm.