>
Nvidia Earnings Report Preview is a Tough Pill to Swallow for Investors
Disclaimer
Nvidia Earnings Report Preview is a Tough Pill to Swallow for Investors
Friday,19/08/2022|14:46GMTby
FM
Disclaimer
It’s an interesting time for the industry, with consumers shifting to online work and play
On Monday, August 8th, from their Californian headquarters, Nvidia Corporation - one of the premier technology companies and manufacturers of GPU’s for use in gaming, professional applications, vehicles, robotics, and data centers among other applications - published their preliminary earnings numbers for the second quarter ending on July 31st, and the news was anything but good.
It was a sobering report for investors, showing a 19% dip in revenue compared to earlier forecasts, and illustrates the reality of the situation for many such companies that rely on international supply chains for components and positive economic conditions for their potential to thrive.
It’s an interesting time for the industry, with more consumers shifting to online work and play, and with governments and corporations also pledging to invest more in developing new technologies, as demonstrated by the new ‘Semiconductor Chips Act’ in the U.S, so it’s a great time to take advantage of the current conditions and enjoy solid returns with the help of a trusted broker, such as ActivTrades.
Since the beginning of the year, Nvidia’s stock has been down more than 37%, as previously high demand during the pandemic has ground to a halt and inventory begins to pile up in warehouses. In this highly competitive space though, and with the cutting-edge technology that Nvidia develops and manufactures, it’s a safe bet that the company will inevitably be able to pivot and see substantial growth again in the near future.
The full official second quarter financial results are due to be released next week, on the 24th of August.
A predicted revenue of $6.70 billion falls well short in comparison to the expected $8.10 billion that was forecasted over the quarter for the tech giant, with the substantial drop mostly being attributed to a weaker performance from the company’s gaming sector, which was down 44% sequentially with $2.04 billion.
The Data Center revenue side of the business also seems to have been interrupted by issues with supply chains and was said to have earned $3.81 billion, a disappointing increase of only 1% sequentially, but a 61% jump on the previous year’s numbers.
Professional Visualization - the company’s Nvidia RTX and Nvidia Quadro professional solutions that involve a multitude of services from desktop to data center to cloud, AI, and advanced graphics, was down 20% over the quarter at $500 million, while the Automotive division of the business was up 59% over the quarter to $220 million.
Founder and CEO, Jensen Huang, took the opportunity in his statement to defend the quality of their products and said that the company would “remain focused on the once-in-a-generation opportunity to reinvent computing for the era of AI.”
Huang also cited macroeconomic conditions as having detrimental effects on sell-through and commented that the company was taking action with gaming partners to make necessary adjustments to prices and inventory holdings.
Following the preliminary release, the company’s stock price immediately dropped more than 8%.
Despite this, Nvidia is rumored to be giving their staff pay increases instead of instigating layoffs, as indicated by a supposedly leaked company email and reported on by Business Insider.
In a portion of the communication, Mr. Huang reportedly assured staff that they wanted to help them withstand the ongoing effects of higher inflation and that they would be focusing on making the company leaner and more agile by eliminating wasteful processes rather than cutting personnel.
Where to from here?
Nvidia pointed to an expectation that the challenging market conditions will be a persistent threat to their business and others throughout the third quarter to follow. With demand for chips waning as consumers struggle to grapple with the rising cost of living and many having less discretionary income to spend on updating their gadgets, particularly items like PC’s, smartphones, and gaming consoles.
Micron is one other such company that’s had to demonstrate an ability to make operating adjustments in response to shifting economic factors. Despite pledging to invest $40 million in manufacturing over the next ten years in the U.S, waning demand for their products in the last few months has seen the company release a far lower than expected revenue forecast and possibly expected negative free cash flow to follow in the coming months.
Intel, Qualcomm and Advanced Micro Devices have all recently cautioned of slowing demand in their businesses for many of the same reasons as Nvidia and Micron.
According to the company’s EVP and CFO, Colette Kress, though, all is not lost for Nvidia’s long-term gross margin profile. With the plan to slow operating expenses, balance the company’s investments for growth in the long-term and manage profitability in the short to medium term, these current challenges could be skilfully navigated.
“We plan to continue stock buybacks as we foresee strong cash generation and future growth,” she said.
In the meantime, chip-makers across the U.S will soon be reaping the benefits of the new bill signed into law by President Joe Biden on the 2nd of August. The Act, which delivers $52.7 billion in subsidies for the semiconductor industry in the U.S, is designed to directly compete with Asian manufacturers and is a massive boost for developing new technology and science locally in the U.S, as it includes a 10-year moratorium on any investments in chip manufacturing from concerning countries like China.
“The future is going to be made in America,” said Biden in his statement, stating that the act was “a once in a generation investment in America itself.”
Author bio:
Carolane de Palmas graduated with a Masters in Corporate Finance & Financial Markets and got the AMF Certification (Financial Markets Regulator in France). Afterward, she became an independent trader, investing mostly in European and American stocks/indices.
She created her own company to provide market analyses and educational content on a variety of subjects, from general economic topics to specific trading strategies on the FX and crypto-markets to analyses on the hot market of the moment to brokers and specialized websites.
On Monday, August 8th, from their Californian headquarters, Nvidia Corporation - one of the premier technology companies and manufacturers of GPU’s for use in gaming, professional applications, vehicles, robotics, and data centers among other applications - published their preliminary earnings numbers for the second quarter ending on July 31st, and the news was anything but good.
It was a sobering report for investors, showing a 19% dip in revenue compared to earlier forecasts, and illustrates the reality of the situation for many such companies that rely on international supply chains for components and positive economic conditions for their potential to thrive.
It’s an interesting time for the industry, with more consumers shifting to online work and play, and with governments and corporations also pledging to invest more in developing new technologies, as demonstrated by the new ‘Semiconductor Chips Act’ in the U.S, so it’s a great time to take advantage of the current conditions and enjoy solid returns with the help of a trusted broker, such as ActivTrades.
Since the beginning of the year, Nvidia’s stock has been down more than 37%, as previously high demand during the pandemic has ground to a halt and inventory begins to pile up in warehouses. In this highly competitive space though, and with the cutting-edge technology that Nvidia develops and manufactures, it’s a safe bet that the company will inevitably be able to pivot and see substantial growth again in the near future.
The full official second quarter financial results are due to be released next week, on the 24th of August.
A predicted revenue of $6.70 billion falls well short in comparison to the expected $8.10 billion that was forecasted over the quarter for the tech giant, with the substantial drop mostly being attributed to a weaker performance from the company’s gaming sector, which was down 44% sequentially with $2.04 billion.
The Data Center revenue side of the business also seems to have been interrupted by issues with supply chains and was said to have earned $3.81 billion, a disappointing increase of only 1% sequentially, but a 61% jump on the previous year’s numbers.
Professional Visualization - the company’s Nvidia RTX and Nvidia Quadro professional solutions that involve a multitude of services from desktop to data center to cloud, AI, and advanced graphics, was down 20% over the quarter at $500 million, while the Automotive division of the business was up 59% over the quarter to $220 million.
Founder and CEO, Jensen Huang, took the opportunity in his statement to defend the quality of their products and said that the company would “remain focused on the once-in-a-generation opportunity to reinvent computing for the era of AI.”
Huang also cited macroeconomic conditions as having detrimental effects on sell-through and commented that the company was taking action with gaming partners to make necessary adjustments to prices and inventory holdings.
Following the preliminary release, the company’s stock price immediately dropped more than 8%.
Despite this, Nvidia is rumored to be giving their staff pay increases instead of instigating layoffs, as indicated by a supposedly leaked company email and reported on by Business Insider.
In a portion of the communication, Mr. Huang reportedly assured staff that they wanted to help them withstand the ongoing effects of higher inflation and that they would be focusing on making the company leaner and more agile by eliminating wasteful processes rather than cutting personnel.
Where to from here?
Nvidia pointed to an expectation that the challenging market conditions will be a persistent threat to their business and others throughout the third quarter to follow. With demand for chips waning as consumers struggle to grapple with the rising cost of living and many having less discretionary income to spend on updating their gadgets, particularly items like PC’s, smartphones, and gaming consoles.
Micron is one other such company that’s had to demonstrate an ability to make operating adjustments in response to shifting economic factors. Despite pledging to invest $40 million in manufacturing over the next ten years in the U.S, waning demand for their products in the last few months has seen the company release a far lower than expected revenue forecast and possibly expected negative free cash flow to follow in the coming months.
Intel, Qualcomm and Advanced Micro Devices have all recently cautioned of slowing demand in their businesses for many of the same reasons as Nvidia and Micron.
According to the company’s EVP and CFO, Colette Kress, though, all is not lost for Nvidia’s long-term gross margin profile. With the plan to slow operating expenses, balance the company’s investments for growth in the long-term and manage profitability in the short to medium term, these current challenges could be skilfully navigated.
“We plan to continue stock buybacks as we foresee strong cash generation and future growth,” she said.
In the meantime, chip-makers across the U.S will soon be reaping the benefits of the new bill signed into law by President Joe Biden on the 2nd of August. The Act, which delivers $52.7 billion in subsidies for the semiconductor industry in the U.S, is designed to directly compete with Asian manufacturers and is a massive boost for developing new technology and science locally in the U.S, as it includes a 10-year moratorium on any investments in chip manufacturing from concerning countries like China.
“The future is going to be made in America,” said Biden in his statement, stating that the act was “a once in a generation investment in America itself.”
Author bio:
Carolane de Palmas graduated with a Masters in Corporate Finance & Financial Markets and got the AMF Certification (Financial Markets Regulator in France). Afterward, she became an independent trader, investing mostly in European and American stocks/indices.
She created her own company to provide market analyses and educational content on a variety of subjects, from general economic topics to specific trading strategies on the FX and crypto-markets to analyses on the hot market of the moment to brokers and specialized websites.
SMX's 1900% Surge Since November Is Not a Momentum Trade; It's Based on Transformative and Deliverable Techology
Featured Videos
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
