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$FB Facebook Stock Price Target

Facebook reported better than expected 1Q results after the bell. FB reported earnings of $3.30/share topping the expectations of $2.37/share

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Tesla Motors, Inc. TSLA

Tesla

Tesla reported earnings after the closing bell.  TSLA reported earnings of 93 cents per share beating the consensus of 79 cents per share. Revenue reported at $10.39 billion slightly better

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Netflix NFLX

NFLX Netflix

Netflix (NFLX) trades 9% lower in after-market trading as investors disappointed by the new subscriber's figures. NFLX added 3.98 million new subscribers

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Wirecard can resume regulated activity

FCA derivative cryptoasset

On 29 June 2020, the FCA provided written consent to allow Wirecard to resume issuing e-money and providing payment services. The restriction on activities will lift at 00.01 on 30 June 2020.

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New York proposes making it easier to use cryptocurrency

NYDFS

New York’s financial regulator on Wednesday proposed new licensing rules that would make it easier for companies to engage in cryptocurrency business — using such digital currencies as bitcoin — in the state.

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SEC Emergency Action Halts Brothers’ Cryptocurrency Offering Fraud

Securities and Exchange Commission suspended trading cherry-picking Stephen Buyer

The Securities and Exchange Commission today announced that it filed an emergency action and obtained a temporary restraining order and asset freeze against two Pennsylvania-based brothers and three entities they control to stop an offering fraud and the misappropriation of investor proceeds.

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Ongoing Global Uncertainty Sees DGCX G6 Currency Volumes Continue Upward Trajectory

DGCX

Increased trading activity in G6 currency portfolio comes ahead of launch of three FX Rolling Futures Contracts in July.

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MAS Launches S$1.75 Million FinTech Innovation Challenge for a Covid-Resilient and Greener Financial Sector

MAS digital banks risk management Hackcelerator

Singapore, 8 June 2020… The Monetary Authority of Singapore (MAS) announced today the launch of a S$1.75 million MAS Global FinTech Innovation Challenge. The competition will seek innovative solutions that can help financial institutions respond to two critical global challenges: COVID-19 and climate change.

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New Government Guidelines Makes Accelerating Artificial Intelligence Possible

World Economic Forum

Amanda Russo, Public Engagement, World Economic Forum, +1 415 734 0589, arus@weforum.org If deployed properly, artificial intelligence (AI) can help society tackle big data problems faster. New guidelines launched today can help governments accelerate efficiencies through use of trusted AI and prepare for future risks.

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The HKMA and the banking industry launch the Banking Talent Programme

Hong Kong Monetary Authority

The Hong Kong Monetary Authority (HKMA) and the banking industry jointly launched the Banking Talent Programme (the Programme) today (4 June 2020) to nurture young talents for the industry, and provide participants with an opportunity to better prepare for future careers in the banking sector.

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