GM Shares Surge Following Strong Quarterly Earnings
Lee K -
General Motors shares skyrocketed by 9% during early trading on Tuesday after the company reported a surge in profit for the fourth quarter. Profits for the quarter hit $3.8 billion, beating estimates of $3.2 billion. Full year profits hit $14.5 billion, thereby landing at the higher end of an...
First NFT ETF Set to Close in February
Belle M -
The Defiance Digital Revolution ETF, the first-ever exchange-traded fund that focuses on nonfungible tokens (NFTs), is set to be liquidated at the end of February, it was announced in a press release.Sylvia Jablonski, CEO and CIO at Defiance ETFs, explained that the decision to close the fund comes after...
Brazil’s Debt Hits Lowest Level in Five Years
Tommy R -
Brazil's central bank released data on Monday showing that the South American nation's debt as a share of gross domestic product (GDP) in 2022 sunk to its lowest level in over five years.The country's debt in December fell to 73.5% of its GDP from a figure of 74.6%...