Klarna’s quarterly losses more than double amid IPO speculation
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Back to Top / Thursday, August 14, 2025, 10:21 am / permalink 12322 / 2 stories in 6 months
Cowboy’s e-bikes granted a second life
Thomas Ricker / theverge - After months of speculation over the e-bike maker’s imminent demise, Cowboy says it now has the financial backing it needs to survive. The Brussels-based maker of boutique e-bikes says it has secured short-term financing to keep the lights on and a commit…
Back to Top / Thursday, August 14, 2025, 8:21 am / permalink 12308 / 2 stories in 6 months
Crypto Exchange Bullish IPO Soars With $13.2B Valuation Debut
Crypto exchange Bullish stunned market watchers during its NYSE debut by raising $1.1 billion and achieving a near $13.2 billion valuation. This IPO move underscores surging investor confidence in the crypto trading sphere and signals a dramatic shift in market sentiment.
Back to Top / Wednesday, August 13, 2025, 1:21 pm / permalink 12236 / 2 stories in 6 months
CoreWeave Earnings Report: Losses Widen Despite Strong Revenue
CoreWeave’s latest financial report paints a mixed picture as robust demand in the data center sector drives revenue above estimates while losses continue to widen, prompting a decline in its share price. The results have investors scratching their heads over strategic investments and cost management in the competitive AI infrastructure market.
Back to Top / Tuesday, August 12, 2025, 5:21 pm / permalink 12185 / 2 stories in 6 months
Stablecoins gain critical mass after GENIUS Act cements rules — banks and companies rush to register new coins
tomshardware - US banks and financial institutions are keen to take advantage of the stablecoin provisions put into US law by the GENIUS Act, though regulation remains murky.
Back to Top / Tuesday, August 12, 2025, 1:21 pm / permalink 12162 / 3 stories in 6 months
Circle shares rise as second-quarter revenue jumps 53% on strong stablecoin growth
cnbc - Circle shares jumped Tuesday after reporting its first quarterly earnings as a publicly listed company.
Back to Top / Tuesday, August 12, 2025, 9:22 am / permalink 12132 / 4 stories in 6 months
Crypto exchange Bullish raises IPO size, seeks nearly $5 billion valuation
cnbc - The Peter Thiel-backed cryptocurrency exchange Bullish raised the size of its initial public offering on Monday.
Back to Top / Monday, August 11, 2025, 1:21 pm / permalink 12076 / 2 stories in 6 months
Google Finance redesign goes all in on AI, complete with a chatbot
Lawrence Bonk / engadget - The Google Finance web app is getting a major overhaul with an emphasis on AI. This redesign includes an AI-powered chatbot, which will answer finance-based queries and provide relevant links. Here's hoping the chatbot will keep hallucinations to a minimu…
Back to Top / Friday, August 8, 2025, 11:23 am / permalink 11932 / 8 stories in 6 months
Chime Leans on Cost Edge to Win ‘Unhappily Banked’
PYMNTS / pymnts - Chime’s first outing as a public company was a success, and CEO Chris Britt did not hedge on ambition. He waited about 30 seconds into the company’s first earnings call to tell the audience that he wants nothing less than for Chime to become “the largest …
Back to Top / Thursday, August 7, 2025, 10:20 pm / permalink 11905 / 2 stories in 6 months
White House Set to Allow Crypto in 401(k) Retirement Plans
In a notable policy shift, the White House is preparing to permit cryptocurrencies in 401(k) retirement plans, a move that has sent ripples through the digital asset market. Investors and market watchers are now eyeing increased institutional interest and broader acceptance of crypto assets in traditional retirement portfolios.
Back to Top / Thursday, August 7, 2025, 9:21 am / permalink 11833 / 4 stories in 6 months
OpenAI Reportedly Eyeing $500 Billion Valuation in New Share Sale
Markus Kasanmascheff / winbuzzer - OpenAI is reportedly in talks for a secondary share sale valuing the company at $500 billion, a massive jump from its current $300B valuation, amid surging user growth.The post OpenAI Reportedly Eyeing $500 Billion Valuation in New Share Sale appeared fir…
Back to Top / Tuesday, August 5, 2025, 10:20 pm / permalink 11703 / 5 stories in 7 months
Study finds AI trading bots develop collusive behaviors in markets
A new study from Wharton reveals that even relatively simple AI trading bots can independently learn to coordinate their actions, effectively nudging market dynamics in their favor. This unexpected collusion, born from algorithmic interplay, raises critical questions about market fairness and oversight in an era where automation increasingly governs financial trading.
Back to Top / Monday, August 4, 2025, 12:21 pm / permalink 11569 / 1 stories in 7 months
Berkshire Hathaway faces $3.8bn write-down on Kraft Heinz stake
Berkshire Hathaway’s earnings were stung by a hefty $3.8 billion write‐down on its Kraft Heinz stake, revealing how even financial titans aren’t immune to market miscalculations. The impairment reminds investors that even Buffett’s empire isn’t a free pass from the occasional economic face‐palm moment.
Back to Top / Saturday, August 2, 2025, 12:20 pm / permalink 11502 / 1 stories in 7 months
Coinbase to expand core platform beyond cryptocurrency with tokenized real-world assets
Duncan Riley / siliconangle - Coinbase Inc. today announced that it’s planning to expand its core trading app beyond cryptocurrency, with a new “everything exchange” that will include tokenized real-world assets, stocks, derivatives, prediction markets and early-stage token sales. The…
Back to Top / Thursday, July 31, 2025, 6:21 pm / permalink 11399 / 2 stories in 7 months
Coinbase’s Q2 Trading Slump Dampens Revenue Growth
Coinbase’s recent financials reveal a notable drop in trading revenue, causing shares to tumble as the second-quarter performance missed profit expectations. The digital asset exchange now faces investor skepticism as it navigates a challenging trading environment with a side-eye at market volatility.
Back to Top / Thursday, July 31, 2025, 5:21 pm / permalink 11396 / 1 stories in 7 months
Klarna reboots US IPO plans for September, reports say
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Back to Top / Thursday, July 31, 2025, 11:21 am / permalink 11352 / 2 stories in 7 months
Kleiner Perkins-backed Ambiq pops on IPO debut
Marina Temkin / techcrunch - The 15-year-old chipmaker saw its shares climb 61% above its IPO price by the close of its first trading day.
Back to Top / Wednesday, July 30, 2025, 9:20 pm / permalink 11313 / 2 stories in 7 months
Robinhood Rides Crypto Surge, Bitstamp Deal to Nearly $1B Revenue
PYMNTS / pymnts - Robinhood Markets on Wednesday (July 30) delivered second-quarter 2025 results that reveal a company pivoting sharply from its roots in commission-free retail trading toward a diversified, multilane financial platform. [contact-form-7] The company’s Q2 20…
Back to Top / Wednesday, July 30, 2025, 8:20 pm / permalink 11311 / 3 stories in 7 months
HSBC profit slump amid mounting Chinese losses and hefty charge
HSBC reported a significant decline in first‐half earnings, with profits plunging 26% as mounting losses in China and a US$2.1bn charge on its Chinese bank stake added insult to injury. Investors are left both amused and alarmed as the bank navigates choppy economic waters.
Back to Top / Wednesday, July 30, 2025, 3:20 am / permalink 11211 / 1 stories in 7 months
Nvidia AI chip challenger Groq said to be nearing new fundraising at $6B valuation
Julie Bort / techcrunch - AI chip startup Groq is in talks to raise a fresh $600 million at a near $6 billion valuation, sources tell Bloomberg, although the deal isn’t yet final and terms could change.
Back to Top / Tuesday, July 29, 2025, 6:20 pm / permalink 11196 / 1 stories in 7 months