Markets
Commerce Bancshares Says FineMark Acquisition Will Support Wealth Management Growth
Wednesday 16th July - 11:05 am
Commerce Bancshares said Wednesday (July 16) that it expects its planned acquisition of FineMark National ...BNY Says 96% of Employees Use In-House AI Platform
Tuesday 15th July - 4:46 pm
BNY has seen nearly all its employees adopt the bank’s artificial intelligence platform, Eliza, and ...Citi CEO Says Token Services Are ‘Superior Platform’ for Digital Assets
Tuesday 15th July - 1:50 pm
Times of uncertainty can require a transformation agenda. Even across industries like financial services where ...Wells Fargo Aims to Grow After Removal of Asset Cap
Tuesday 15th July - 12:18 pm
Wells Fargo is looking to grow after the Federal Reserve’s June 3 removal of the ...Costco Sales Rise 5.8%, Driven by Fresh Food and Non-Food Categories
Friday 11th July - 2:22 pm
Costco’s total company comparable sales increased 5.8% in June, driven by demand for fresh foods ...Delta Reports Record Revenue as Demand for Air Travel Stabilizes
Thursday 10th July - 10:14 am
Delta Air Lines reported Thursday (July 10) that it earned record revenue in the June ...SEC to Review Biden-Era Rules Imposed on SPACs
Wednesday 2nd July - 12:49 pm
Securities and Exchange Commission (SEC) Chairman Paul Atkins said Wednesday (July 2) that the agency will review ...Trustly Says New Products and Partnerships Drive Pay-by-Bank Growth
Monday 30th June - 10:26 am
Pay-by-bank solution provider Trustly reported Monday (June 30) that its total payment value increased by ...Nike Shifts Production and Raises Prices to Mitigate $1 Billion Tariff Cost
Friday 27th June - 12:04 pm
Nike said Thursday (June 26) that the new U.S. tariffs currently in place will cost ...Circle’s Post-IPO Surge Resumes as Investors Eye Coinbase
Thursday 26th June - 4:38 pm
Stablecoin-issuer Circle’s stock climbed again Thursday (June 26) following a dip this week. As CNBC reported ...Walgreens Sales Rise but CEO Says Turnaround Will ‘Take Time’
Thursday 26th June - 2:23 pm
Walgreens is reportedly seeing an uptick in sales as it prepares to go private. The company released quarterly ...FedEx: Data and Digital Solutions Help Customers Navigate Tariffs’ Impact
Tuesday 24th June - 9:45 pm
FedEx found that its data and its digital platform-based solutions helped the company and its ...Navan IPO to Test Investor Appetite for B2B FinTech Platforms
Monday 23rd June - 6:45 pm
By any measure, 2025 is shaping up to be “Hot Tech Summer.” Particularly for FinTechs, ...ProCap Financial SPAC Highlights Custody Issue for Corporate Bitcoin Treasuries
Monday 23rd June - 5:58 pm
Bitcoin is stored on the blockchain. This fact is often taken at its obvious face value, ...Business Travel and Expense Firm Navan Confidentially Files for IPO
Monday 23rd June - 3:38 pm
Business travel and expense management solution provider Navan said Friday (June 20) that it confidentially submitted ...Wealthfront Plans IPO Amid Warmer Environment for FinTechs
Monday 23rd June - 2:42 pm
Wealth management platform Wealthfront is reportedly the latest FinTech planning to go public. The company has ...PhonePe Reportedly Targeting $1.5 Billion in India IPO
Monday 23rd June - 6:58 am
Indian digital payments provider PhonePe is reportedly planning to go public in an IPO. The Walmart-backed ...CarMax Increases Loan Loss Provisions Amid ‘Uncertain Economic Outlook’
Friday 20th June - 2:41 pm
Used car retailer CarMax saw greater loan losses and economic uncertainty during the quarter ended ...SPAC Deals Reportedly Back in Favor With Wall Street Banks
Thursday 19th June - 5:07 pm
Wall Street’s on-again, off-again love affair with SPAC deals is apparently back on. The biggest sign ...Private Equity Groups Hold $1 Trillion as Tariffs Hinder Dealmaking
Wednesday 18th June - 9:30 am
Private equity (PE) groups are sitting on roughly $1 trillion in unsold assets. That’s capital that, ...IPOs That Launched Like Rockets — and Those That Flew Straight Into a Wall
Saturday 14th June - 4:00 am
If you hear the faint hiss of champagne corks this summer, that’s the sound of ...Circle Rallies and Chime Joins the Nasdaq as FinTech IPO Surges 3.7%
Friday 13th June - 4:00 am
Recent debuts on the public markets have added to the FinTech IPO Index’s roster. Chime listed ...Chime’s Nasdaq Debut Reignites FinTech IPO Momentum With 37% Stock Surge
Thursday 12th June - 8:16 pm
Chime’s debut on the Nasdaq stock exchange Thursday was resoundingly positive, as the shares closed ...Chime Gets a Ringing Endorsement on Wall Street as IPO Valuation Hits $11.6B
Wednesday 11th June - 8:24 pm
The pricing of an initial public offering (IPO), a ritual that comes the night before ...Stitch Fix: AI-Powered Personalization Will Overcome Any Macro Challenges
Tuesday 10th June - 8:53 pm
Personalization is a tool that will help Stitch Fix retain and even gain market share ...Circle Attracts Issuers Filing ETFs After Successful IPO
Tuesday 10th June - 4:00 pm
At least three exchange-traded fund (ETF) issuers filed ETFs related to Circle Internet Group (CRCL) ...Report: Chime Set to Launch IPO Thursday, Aiming for $11 Billion Valuation
Monday 9th June - 9:39 pm
Chime Financial is reportedly expected to launch its initial public offering (IPO) Thursday (June 12). When ...OpenAI Annual Recurring Revenue Leaps 82% Compared to Last Year
Monday 9th June - 3:50 pm
OpenAI reportedly reached $10 billion in annual recurring revenue (ARR), up 82% from $5.5 billion ...Private Equity Firms Open ‘Toolbox’ as IPO Drought Persists
Sunday 8th June - 6:50 pm
Private equity firms are reportedly rethinking exit strategies as initial public offerings (IPOs) remain scarce. In ...Winklevoss Cryptocurrency Platform Gemini Files for IPO
Friday 6th June - 7:26 pm
Cryptocurrency platform Gemini said Friday (June 6) that it confidentially submitted a draft registration statement with ...Stablecoins Hit the Street and FinTech Funding Targets Lending Platforms
Friday 6th June - 12:26 pm
The most visible sign this week of enthusiasm for FinTechs — call it a form ...Apple Faces Mounting Challenges as Stock Slumps
Friday 6th June - 12:22 pm
As Apple heads into its annual developers conference this coming week, it is facing a ...VC Investor Confidence Drops in ‘Increasingly Uncertain Macroeconomic Environment’
Friday 6th June - 10:07 am
The share of venture capital (VC) investors who expect VC funding to rise over the ...FinTech IPO Index Starts June Up 0.8% as Robinhood Surges on UK Expansion
Friday 6th June - 4:00 am
The first few trading days of the last month of the quarter marked a muted ...Circle Is America’s First Publicly Traded Stablecoin Issuer. Now What?
Thursday 5th June - 7:19 pm
Stablecoins have gone public in the U.S. On Thursday (June 5), Circle Internet Financial, the ...Report: Circle IPO Expected to Price Above Marketed Range
Wednesday 4th June - 5:21 pm
FinTech Circle’s initial public offering (IPO) will likely price above its marketed range, Bloomberg reported ...Dollar General Sees Greater-Than-Expected Growth as Higher-Income Consumers Seek Value
Tuesday 3rd June - 9:34 pm
Dollar General’s same-store sales increased 2.4% and its financial results exceeded internal expectations in the ...Neobank Monzo Revenue Leaps 48% as Customers Adopt New Financial Services
Monday 2nd June - 10:29 am
British digital bank Monzo grew during its fiscal year 2025 as customers adopted more of ...This Week in AI: Changes to Google Search, Claude Gets a Voice and Microsoft’s AI Marketplace
Friday 30th May - 11:30 am
This week in artificial intelligence, newsmakers include Google, Claude, Microsoft, Nvidia and Saudi Arabia. Brands Must ...Best Buy Predicts Dip in Sales Amid ‘Incredibly Fluid’ Tariff Outlook
Thursday 29th May - 4:26 pm
Despite its customers’ resilience, Best Buy expects sales to dip this year because of tariffs. The ...Apple: Developers Paid No Commission on 90% of 2024 Sales
Thursday 29th May - 3:49 pm
Apple’s App Store in the United States facilitated $406 billion in developer billings and sales ...Nvidia Takes $4.5B Inventory Charge Due to Chip Trade Policy
Wednesday 28th May - 8:24 pm
Nvidia CEO Jensen Huang told analysts Wednesday (May 28) that recent U.S. export-control changes are ...Dick’s Sporting Goods Sales Rise as Consumers ‘Prioritize Activities’
Wednesday 28th May - 1:03 pm
Dick’s Sporting Goods says that even amidst tariff worries, people want to be active. It’s that ...Starling Bank’s Profits Dip Due to COVID and Crime Control Issues
Wednesday 28th May - 9:13 am
Neobank Starling expanded its customer base last year, even as regulatory issues diminished profits. The U.K.-based company released full-year ...Temu Parent PPD’s Profits Fall 38% Amid Tariff Pressures
Tuesday 27th May - 11:58 am
The parent of Chinese eCommerce giant Temu said tariffs helped eat into its quarterly profits. PDD ...Top 10 Banking, Payments and Financial Fraud Films for Memorial Day
Saturday 24th May - 4:00 am
As Memorial Day approaches, kick off your summer blockbuster season with a binge-worthy lineup of ...Ralph Lauren: Demand From High-End Consumers Will Support Price Increases
Thursday 22nd May - 4:24 pm
Luxury lifestyle products firm Ralph Lauren plans to raise prices to cover the cost of ...Earnings Season Finds AI Edge in Lending
Wednesday 21st May - 6:48 pm
Anywhere you looked, from mid-April to this week, as earnings season stretched out over the ...Amazon CEO Andy Jassy Says Tariffs Have Not Affected Sales
Wednesday 21st May - 5:58 pm
Amazon CEO Andy Jassy told shareholders during a virtual meeting Wednesday (May 21) that the ...Target Reports Sales Drop as Consumers Focus on ‘Needs-Based Categories’
Wednesday 21st May - 12:45 pm
Target reported a 3.8% decrease in comparable sales for the first quarter and said it ...Home Depot Sticks to ‘Current Pricing Levels’ Despite Tariffs
Tuesday 20th May - 9:08 am
Home Depot’s finance chief says customers shouldn’t expect tariff-driven price increases. “Because of our scale, the great ...Circle Denies Report It’s Considering Potential Sale
Monday 19th May - 7:09 pmStablecoin issuer Circle denied a Monday (May 19) media report that it was in informal talks ...Home Depot Sales Could Soften Due to Tariffs
Monday 19th May - 1:17 pm
One of Home Depot’s critical sales metrics is expected to slow when it reports earnings. That’s ...JPMorgan Forecasts Rising Interest Income Despite Economic Uncertainty
Monday 19th May - 11:29 am
America’s biggest bank says businesses and consumers are resilient in the face of uncertainty. As such, JPMorgan ...Klarna Marks 100 Million Customers as Losses Nearly Double
Monday 19th May - 10:39 am
Buy now, pay later (BNPL) giant Klarna says it now has 100 million active customers. The Swedish FinTech ...SPACs Make $9 Billion Comeback Thanks to Trump and Tariffs
Sunday 18th May - 8:14 pm
Special purpose acquisition companies (SPACs) are making a comeback under the Trump administration. SPACs, otherwise known ...Dick’s Sporting Goods to Acquire Foot Locker and Expand Internationally
Thursday 15th May - 7:39 pmDick’s Sporting Goods plans to acquire Foot Locker and position the combined organization to serve sports ...Alibaba: ‘Instant Commerce’ Market Could Draw ‘Every Person in China’
Thursday 15th May - 1:10 pm
Last month, Chinese tech conglomerate Alibaba debuted a fast delivery service it dubbed “instant commerce.” On ...Walmart US eCommerce Sales Jump 21%; McMillon Cites 3 Tariff-Proof Factors
Thursday 15th May - 11:41 am
Walmart’s strengthening position in eCommerce can help blunt at least some of the impact from ...Tencent Says AI Spending Is Yielding Results
Wednesday 14th May - 12:08 pm
Chinese tech giant Tencent says its artificial intelligence (AI) investments have begun paying off. In releasing ...Chime Financial Files for IPO, Sees ‘Enormous Opportunity to Grow’
Tuesday 13th May - 8:14 pm
Chime Financial filed its Form S-1 registration statement for a proposed initial public offering (IPO) ...Paysafe ‘Very Bullish’ on LatAm Digital Wallet Usage
Tuesday 13th May - 2:32 pm
Paysafe says it expects good things from Latin America amid the region’s FinTech boom. Latin America ...Simon Property Group: Elimination of De Minimis Exemption Provides ‘Material Benefit’ to US Retailers
Monday 12th May - 10:20 pm
The Trump administration’s elimination of the de minimis exemption will be great for American retailers, ...Earnings Season Shows Merchants Turning to Platforms to Meet Working Capital Needs
Monday 12th May - 5:38 pm
Beyond the earnings season focus on consumer spending and consumer lending, the recent quarterly results ...Trump Family-Backed American Bitcoin Plans to Go Public
Monday 12th May - 3:56 pm
American Bitcoin, a cryptocurrency firm backed by the Trump family, plans to go public. The company ...OpenAI and Microsoft Reportedly Rework Pact Ahead of Possible IPO
Sunday 11th May - 6:16 pm
OpenAI is reportedly in the middle of reworking its multibillion-dollar agreement with Microsoft. The negotiated deal ...Shein’s Derailed Listing Has UK Investors Looking at ‘Notable IPOs’
Sunday 11th May - 5:07 pm
With Shein’s IPO in limbo, U.K. investors are reportedly seeking a new hope. As Bloomberg News ...‘Uncertainty’ Talk on Earnings Calls Jumps 49% on Tariff Concerns
Sunday 11th May - 3:50 pm
The specter of tariff-related uncertainty continues to haunt corporate quarterly earnings calls. The term “uncertainty” appeared ...DraftKings Cuts 2025 Outlook, Says Favored Teams Winning Drives Lower Margins
Friday 9th May - 11:51 am
It’s said the house always wins in gambling. But as sports betting and iGaming statistics ...Toast: AI-Powered Menu Upsell Tool Boosts Restaurant’s Average Order Volume 6%
Friday 9th May - 10:28 am
Artificial intelligence-powered tools for restaurants are showing promising early results, Toast said Thursday (May 8) ...Affirm Card GMV Jumps 115%, Says It Can Weather ‘Recession Scenario’
Thursday 8th May - 9:41 pm
In its fiscal third quarter, Affirm’s gross merchandise value jumped double digits, all but one ...Pinterest CEO Credits AI-Powered Personalization for 16% Revenue Growth
Thursday 8th May - 9:06 pm
Pinterest reported strong first-quarter results on Thursday (May 8), with $855 million in revenue and ...Coinbase Wants to Turn Crypto Platforms Into Financial Infrastructure
Thursday 8th May - 8:41 pm
“Crypto is eating financial services.” That was what Coinbase CEO Brian Armstrong told investors on ...Shop Pay Grows 57% in Q1 as Shopify Says Wait and See on Tariffs
Thursday 8th May - 2:16 pm
Macro uncertainty abounds, but Shopify’s first-quarter earnings results showed double-digit growth in gross merchandise volumes ...Marqeta’s Processing Volumes Surge 27% on Card Issuance, BNPL and Flex Credential Growth
Wednesday 7th May - 8:08 pm
Marqeta’s first quarter results surged across several metrics as new and existing card issuance programs ...
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