admin – Mayfair International Capital Limited

Regulators Fine Toyota’s U.S. Financing Arm for Loan-Product Bundling

The American depositary receipts (ADRs) issued by Toyota Motor Corp. (TM) saw a decline on Monday after the American finance arm of the Japanese automaker was penalized by United States regulators for its lending practices.

Syringe Maker Catalent Expects Injectable Weight-Loss Drug Demand to Rise

Catalent (CTLT), a manufacturer of syringes, said that the rising demand for injectable weight-loss medications might lead to significant revenue growth, and the company’s shares increased by more than 11% as a result.

Akamai Earnings Exceed Expectations Due to Security, Edge Computing

Akamai Technologies (AKAM) posted third-quarter earnings and sales that above Wall Street expectations, owing to a move to higher-margin offerings. On Wednesday, AKAM shares jumped as the firm boosted its 2023 projection for security product growth.

Logitech stock rose as the company reported a profit increase as it cut costs.

Logitech International (LOGI) stock jumped after the PC equipment provider announced a surge in earnings and upped its estimate based on decreased expenditures.

Merck and Daiichi Sankyo Reach Cancer Drug Agreement Worth Up to $22 Billion

Merck (MRK) agreed to pay Daiichi Sankyo $5.5 billion for the rights to develop and sell three of the Japanese company’s potential cancer treatments jointly.

AMD will buy Nod.AI, expanding its open-source AI software capabilities.

Advanced Micro Devices (AMD) announced the purchase of Nod.AI, an artificial intelligence (AI) software business, on Tuesday in an effort to expand its open-source AI products and services.

Midday market gains as weaker-than-expected private sector hiring alleviates rate hike fears.

At lunchtime, US markets were higher after a data suggesting a slowdown in private sector hiring alleviated concerns that a healthy job market would encourage the Fed to continue raising interest rates to combat inflation. The Dow, S&P 500, and Nasdaq all increased.

Apple’s iPhone 15 is now Available Worldwide.

Apple (AAPL) was up roughly 0.7% in early Friday trading as its newest product lineup, including the new iPhone 15 series, was pushed out in nations across the globe.

How Does an Index Fund Differ from an ETF?

Understanding the difference between an index fund (typically purchased via a mutual fund) and an exchange traded fund, or ETF, is part of learning the fundamentals of investing. For starters, ETFs are seen to be more adaptable and convenient than most mutual funds.

Moody’s says MGM’s Credit Ratings may suffer as a result of the Cyber Attack.

The hotel and casino operator MGM Resorts International (MGM) told the Securities and Exchange Commission (SEC) about a cybersecurity incident, which suggests that the attack would have a significant impact on the firm. As a result, shares of MGM Resorts International (MGM) declined.