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U.S. software and IT services stocks could continue their recent recovery, according to a note from Goldman Sachs’ prime brokerage division. The sector has faced significant declines this year, with valuations dropping sharply amid shifting market sentiment. However, a recent uptick suggests potential for further gains despite high levels of investor skepticism. Data indicates that […]
Equinix and the Canada Pension Plan Investment Board are reportedly nearing an agreement to acquire Nordic data center operator atNorth. The potential transaction could value the company at around $4 billion, including debt. atNorth operates facilities across several Northern European countries and serves clients in cloud computing, artificial intelligence, and high-performance computing sectors. The move […]
Revolut is set to begin testing a pound-denominated stablecoin as part of a regulatory trial overseen by the UK’s Financial Conduct Authority. The initiative will take place within the regulator’s sandbox framework, which allows financial firms to experiment with new products under controlled conditions. The pilot will involve a limited group of participants and focus […]