Finance

Fintech has hit a bottom after plunge in valuations and squeeze on funding, execs and VCs say

AMSTERDAM — The financial technology industry is embracing a new normal — with some industry executives and investors believing the…

Robotics startup cofounded by Synapse CEO is raising funds with exaggerated claims about GM ties

A humanoid robotics startup cofounded by the CEO of bankrupt fintech firm Synapse has canvassed Silicon Valley investors for funds…

GameStop tanks with huge volume in the call options owned by ‘Roaring Kitty’

A sell-off in GameStop shares intensified in afternoon trading Wednesday, and that coincided with a spike in trading volume in…

Fed holds rates steady, indicates only one cut coming this year

The Federal Reserve on Wednesday kept its key interest rate unchanged and signaled that just one cut is expected before…

Here’s the Fed’s new rate forecast that’s moving the markets

The Federal Reserve on Wednesday projected only one rate cut for the remainder of 2024, down from its March forecast…

Keith Gill has some tough choices to make on his GameStop options with Wall Street ready to pounce

As Roaring Kitty continues to watch his favorite GameStop shares swing wildly, he might be contemplating what to do with…

GameStop raises more than $2 billion by selling 75 million shares, capitalizing on meme frenzy

GameStop raised more than $2 billion in a recent stock sale as the video game company took advantage of a…