Palantir shares popped 14% on Monday and are trading at their highest since early 2021 after the announcement late Friday that the stock is being added to the S&P 500.
Palantir is joining the index along with Dell. Palantir and Dell are replacing American Airlines and Etsy, respectively, S&P Global said in a press release.
Shares of companies added...
BEIJING — China’s exports rose by 8.7% year-on-year in U.S. dollar terms in August, according to the customs agency.
That was higher than the forecast for growth of 6.5% year-on-year in U.S. dollar terms, according to a Reuters poll.
Imports grew by 0.5%. That was less than the expected 2% increase...
The Saudi Central Bank (SAMA) is working on strengthening the Saudi Arabian fintech ecosystem, and in doing so, has recognised the potential of open banking. As a result, SAMA has announced the issuance of the second release under the open banking framework, focused on the payment initiation service (PIS).
The...
Lithic, the card-issuing technology company, is expanding its services to Canada, marking the company’s first entry into a non-US market.
The announcement will see Lithic enable businesses to grow using its card programmes while allowing them to move money more easily. Furthermore, the expansion will see the card issuing firm...
The report follows initial concerns raised by the FDIC and two other federal banking regulatory bodies in late July, which introduced specific guidance requiring all banks under its jurisdiction to monitor and regularly reconcile any accounts they hold or manage – no matter the...
Norfolk Southern’s board is examining allegations that CEO Alan Shaw engaged in an inappropriate workplace relationship, according to three people familiar with the matter.
The company confirmed late Sunday evening it was probing Shaw over “possible conduct” that violated the company’s code...
