Nearly $109 million in deposits held for fintech Yotta’s customers vanished in Synapse collapse, bank says
Ledgers of the failed fintech middleman Synapse show that nearly all the deposits held for customers of the banking app…
Super Micro, Dell shares jump as Elon Musk calls them suppliers to xAI supercomputer project
Shares of Dell Technologies and Super Micro Computer jumped Thursday after Elon Musk revealed that the two hardware makers will…
Switzerland makes second interest rate cut as major economies diverge on monetary policy easing
The Swiss National Bank on Thursday trimmed its key interest rate by 25 basis points to 1.25%, continuing cuts at…
Klarna rival Zilch raises $125 million with aim to triple sales and accelerate path to IPO
LONDON — British fintech firm Zilch said Wednesday it’s raised $125 million in debt financing from German banking giant Deutsche…
Fugitive ex-CEO of investment firm arrested on securities, wire fraud charges
A former investment company CEO who previously appeared as a paid contributor to CNBC was arrested on fraud charges after…
Trump Media shares plunge 17% with newly available DJT shares set to dilute stock value
The stock price of Trump Media plunged by more than 17% in after-hours trading Tuesday after the Truth Social app…
