News

Nvidia shares pop 10% to record high after forecast signals unwavering demand for AI chips

Nvidia shares jumped Thursday to record highs after the company topped Wall Street estimates for the fiscal first quarter.

This ETF aims to capture China's own 'Magnificent Seven'

Roundhill Investments' Lucky Eight ETF aims to track China’s most innovative names in tech.

These are the 3 big risks to the stock market, economist says

Federal Reserve policy, a surprise recession and disappointing future earnings for companies such as Nvidia could rein in the stock euphoria, one analyst said.

Federal Reserve minutes indicate worries over lack of progress on inflation

The Federal Reserve on Wednesday released minutes from its April 30-May 1 policy meeting.

Fintech nightmare: 'I have nearly $38,000 tied up' after Synapse bankruptcy

Synapse is as a middle-man between customer-facing fintech brands and FDIC-backed banks, but it's had disagreements about how much in customer balances it owed.

CFPB says buy now, pay later firms must comply with U.S. credit card laws

The buy now, pay later market is dominated by fintech firms like Affirm, Klarna and PayPal.

DocuSign chief says company wants to stay public after reports of private equity takeover interest

DocuSign CEO Allan Thygesen said the online contract-signing platform is committed to staying public after rumored takeover interest from private equity firms.

Citi fined $79 million by British regulators over fat-finger trading and control errors

British regulators on Wednesday dished out a combined £61.6 million ($79 million) in fines to U.S. investment bank Citi for failings in its trading systems and controls.

Chinese EV company Xpeng shares surge 13% after forecasting growth in car deliveries

Chinese electric car company Xpeng saw its shares soar after reporting an improvement in profit margin and an upbeat outlook for second-quarter deliveries.

Here's how to buy renewable energy from your electric utility

More residential consumers are sourcing their electricity from green energy sources like solar and wind. But many still don't know about the option.

Fed Gov. Waller wants 'several months' of good inflation data before lowering rates

Fed Gov. Christopher Waller said Tuesday that he does not think further interest rate increases will be necessary.

Family offices become prime targets for cyber hacks and ransomware

With their large wealth and small staffs, family offices have become lucrative targets for hackers and cybercriminals, experts say.
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