Benjamin Chadwick

Benjamin Chadwick graduated from NYU Stern, has been an Associate Professor of Finance at the Kenna Flegler Business School for ten years before switching to a private financial consultancy and correspondent journalism from the Asian stock market. He is focused on the microstructure of securities markets, while he pays special attention to microcap issues.

Chile spices up conversations over new Constitution

Chile spices up conversations over new Constitution

Embryonic programs to nationalize mining, a one-chamber Congress, water rights, and protections for indigenous territories are some of the more tense motions the assembly will discuss and vote on in over 20 plenary sessions.   The new Constitution, which comes as Gabriel Boric, a 36-year-old leftist ex-student protest leader, is set to take office as …

Chile spices up conversations over new Constitution Read More »

CryptoPunkers react to copyright war

CryptoPunkers React to Copyright War

The initial traded amount of CryptoPunks was 10,000. They made it to the secondary market before users uncovered a critical smart contract exploit that made it possible for Punks’ buyers to revoke their Ether (ETH) post-purchase. Consequently, creator Larva Labs acknowledged the v1 collection and fixed the exploit. Moreover, it released the v2 Punks collection …

CryptoPunkers React to Copyright War Read More »

Mexico citizens able to cash out crypto in local currency

Mexico Citizens Able to Cash out Crypto in Local Currency

Cryptocurrencies such as bitcoin are an important way for people to send money to family and friends overseas. Crypto has fewer intermediaries than traditional currency transfers. Crypto recipients in Mexico can now develop a redemption code on their Coinbase app. They can use it to obtain cash at 37,000 retail and convenience stores over Mexico. …

Mexico Citizens Able to Cash out Crypto in Local Currency Read More »

Vantage Becomes a McLaren Racing Extreme E Team Sponsor

Vantage Becomes a McLaren Racing E Team Sponsor

Vantage (formerly VantageFX) has continued to expand its sports world with its most recent multi-year sponsorship agreement with McLaren Racing. The broker has been named an Official Partner of the McLaren (MX) Extreme E team. The brand of Australia-based broker McLaren will be seen on the chassis and roof of the McLaren MX race car, …

Vantage Becomes a McLaren Racing E Team Sponsor Read More »

TMN - Nvidia

Nvidia Gives Strong Outlook on Broad Chip Demand

Nvidia Corporation provided a solid first-quarter fiscal 2023 outlook following upbeat quarterly earnings boosted by the broad chip demand. The American technology company expects its current-quarter revenue to come at $8.10 billion, representing a 42.00% year-over-year growth. At the same time, this guidance surpassed the analysts’ estimate of $7.29 billion. Nvidia CEO Jensen Huang stated …

Nvidia Gives Strong Outlook on Broad Chip Demand Read More »

TMN - DoorDash

DoorDash Stocks Soar 27.83% on Record Q4 Revenue

Shares of DoorDash Inc. rocketed 27.83% on Wednesday’s extended trading after the company reported stronger-than-expected fourth-quarter revenue. By market cap, the largest American food ordering company gained 26.41 points to $121.30 per share. Correspondingly, this uptrend added $9.06 billion to the firm’s valuation. DoorDash’s latest quarterly results revealed revenue of $1.30 billion from October to …

DoorDash Stocks Soar 27.83% on Record Q4 Revenue Read More »

U.S. demand for residual fuel oil skyrocketed

U.S. demand for residual fuel oil skyrocketed

Residual fuel oil has a couple of uses, predominantly consumed as bunker fuel in the maritime shipping sector. Consumption in December 2021 was at its most elevated end-of-year level since 2012, as stated by Weekly Petroleum Status Report (WPSR). On January 1, 2020, tighter regulations from the International Maritime Organization (IMO) on maritime fuel sulfur …

U.S. demand for residual fuel oil skyrocketed Read More »