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2024-12-14 03:08:46

The financial technology companies supported by Wal-Mart are valued at $2.5 billion. The traditional banking industry is under threat. Wal-Mart is injecting more funds into its newly-started financial start-ups, obtaining a valuation of $2.5 billion for this company, and indicating its ambition to further set foot in the financial services industry. According to informed sources, the world's largest retailer is jointly leading the financing of more than 300 million US dollars with investment company Ribbit Capital. This marks a new valuation for the company named One, in which Wal-Mart holds a majority stake. Wal-Mart has been providing products to many customers and employees in order to gain a greater foothold in the field of financial services. For the financial industry, the threat of Wal-Mart and other companies encroaching on its territory is getting closer and closer. Just last year, JPMorgan Chase CEO Jamie Dimon mentioned the competitive threat of Wal-Mart and other enterprises, pointing out that its hundreds of millions of customers and huge resources at its disposal were "extraordinary competitive advantages".U.S. National Security Adviser Sullivan said that the Israeli elimination of Hamas leaders will also help promote the ceasefire negotiations to achieve results.American natural gas futures rose by 3.00% in the day and are now reported at $3.480/million British heat.


Intel executives said that under the leadership of the new leadership, they will increase investment in products.Morgan stanley capital international's MSCI Nordic Countries Index fell 0.4% to 381.97. Evolution AB Group, an online gambling operator, fell 3.4%, which was the worst among the constituent stocks.The U.S. Treasury auctioned eight-term treasury bonds, and the winning bid rate was 4.500% (4.350% on December 5), and the bid multiple was 2.81 (3.50 in the previous auction).


Western Digital's share price fell rapidly to 4%. Seagate technology turned down. Micron's decline expanded to 3.6%.Fitch: The possible trade policy changes after the results of the 2024 election in the United States will bring risks in 2025 and may reduce the demand for shipping companies.Intel executives: Over time, we may sell some of our positions in Mobileye.

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