Finance

British neobank Monzo boosts funding round to $610 million to crack U.S. market, launch pensions

British neobank Monzo said Wednesday that it’s raised another $190 million, lifting the total it’s raised so far this year…

HD Hyundai Marine Solution doubles in South Korea’s largest IPO since January 2022

Shares of maintenance and repair firm HD Hyundai Marine Solution nearly doubled in their trading debut Wednesday, marking a strong…

Stanley Druckenmiller cut his Nvidia stake in late March, says AI may be a bit overhyped short term

Billionaire investor Stanley Druckenmiller revealed Tuesday that he slashed his big bet in chipmaker Nvidia earlier this year, saying the swift…

Citigroup CEO Jane Fraser says low-income consumers have turned far more cautious with spending

Citigroup CEO Jane Fraser said Monday that consumer behavior has diverged as inflation for goods and services makes life harder…

Stocks making the biggest moves midday: Berkshire Hathaway, Micron, Tyson Foods, Spirit Airlines and more

Check out the companies making headlines in midday trading: Berkshire Hathaway — Class A shares added 0.6% following the release…