cons of digital currency Knowledge graph

2024-12-13 18:24:21

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".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.Spot gold fell below $2,680 per ounce, down 1.38% in the day. COMEX gold futures fell 2.00% in the day and are now reported at $2701.50 per ounce.


The yield of US 10-year Treasury bonds rose to 4.316% after the auction results were announced, the highest level since November 26th.The yield of US 10-year Treasury bonds rose to 4.316% after the auction results were announced, the highest level since November 26th.Intel executives: Over time, we may sell some of our positions in Mobileye.


Spot gold fell below $2,680 per ounce, down 1.38% in the day. COMEX gold futures fell 2.00% in the day and are now reported at $2701.50 per ounce.Freddie Mac: mortgage interest rates dropped for three weeks to 6.60%.Italian 10-year bond yields rose 14 basis points to 3.33%.

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