HSBC Holdings Plc is a multinational banking and financial services organization based in the UK, providing a wide range of services to individuals, businesses, and institutions across the globe. The company operates through various segments, including retail banking, commercial banking, global banking and markets, and wealth management. HSBC is known for its extensive international presence, facilitating cross-border transactions and providing solutions for diverse financial needs. Its offerings encompass personal and corporate banking, investment services, and various financial products, aimed at fostering economic growth and supporting clients in their financial endeavors. Read More
Shares of online travel agency Expedia (NASDAQ:EXPE)
fell 7.7% in the afternoon session after the company reported disappointing first quarter 2025 results: while EPS and EBITDA significantly beat analysts' expectations, room nights booked slightly missed, causing revenue to also fall short of estimates. Revenue rose just 3% from a year ago, lagging growth in gross bookings.
Overall, this quarter could have been better.
New York, USA – Cryptade, a compliant crypto asset trading platform registered in the U.S. and holding an MSB (Money Services Business) financial license, announced today that it has completed a new round of Series B strategic financing, raising a total of $12 million. This round was co-led by renowned investment institutions BlueOcean Capital, Taishan Foundation, and Archon Capital, further highlighting Cryptade’s strong appeal and long-term development potential in the global capital market.
HSBC today announced the launch of HSBC TradePay for Import Duties, a targeted financing solution for US clients which simplifies the payment of import duties while optimizing working capital for businesses.
Shares of cloud communications infrastructure company Twilio (NYSE:TWLO)
jumped 5.6% in the afternoon session after HSBC upgraded the stock from Sell to Hold and raised the price target from $77 to $99. Following TWLO's Q1 2025 earnings, the firm highlighted "signs of revenue growth revival.".
Bow Miner is the world’s leading cloud mining platform with a clear mission: to provide the tools and services you need to succeed in the digital asset space. Committed to empowering the future of finance with clean energy and providing the high-performance equipment required to achieve maximum computing power
Saynor told Reuters that the proposal, put forth by Novartis and Sanofi in a letter to the Financial Times on Wednesday, overlooks the structural drivers of high drug prices in the United States and will not address global pricing inequities.
HSBC noted that while the market has assumed a significant market share for Eli Lilly, these expectations may be revised in light of potential economic sensitivity to the adoption curve for weight loss drugs.
Nvidia stock is struggling with bearish signals and HSBC downgraded it due to limited near-term upside. Long-term catalysts include AI and autonomous vehicles.
Nvidia slid 6%, pressured by market-wide tariff concerns, though HSBC analyst Frank Lee’s downgrade to ‘Hold’ from ‘Buy’, driven by fears of slowing growth rather than tariffs, added to the sell-off.
