Digital banking startup Chime files for US IPO, reveals rise in revenue Financial technology companies have increasingly entered the U.S. lending space, aiming to wrest market share from major players such as JPMorgan Chase, Bank of America and Citigroup.Chime’s revenue rose to $1.67 billion in the fiscal year ended 2024, up from $1.28 billion, a year earlier. The IPO window has … Read More >>
US tech firms Nvidia, AMD secure AI deals as Trump tours Gulf states Among the biggest deals, Nvidia said it will sell hundreds of thousands of AI chips in Saudi Arabia, with a first tranche of 18,000 of its newest “Blackwell” chips going to Humain, an AI startup just launched by Saudi Arabia’s sovereign wealth fund. Chip designer Advanced Micro Devices also announced a deal w … Read More >>
ECB’s Villeroy sees room for additional rate cut by summer Villeroy – who is also head of the Bank of France – said the United States would likely see an uptick in inflation from President Donald Trump’s tariffs, but Europe should be spared.”We also don’t see inflation picking up. The Trump administration’s protectionism will lead to a restart of inflation in the Uni … Read More >>
New Drilling Breakthrough Spawns Second Shale Boom [sponsor] The oil and gas industry just helped unlock enough energy to power America for 30,000 years… using a breakthrough new drilling technique.Energ y Secretary (and former oilman) Chris Wright calls it an “awesome resource.” And the government have already begun selling thousands of acres of public land to develop it. Here’s everything you need to know.
Last-ditch lobbying blitz seeks to save Biden’s clean-energy tax credits WASHINGTON (Reuters) -U.S. energy industry trade groups have launched a last-minute lobbying blitz to urge Congress members to spare a slew of former President Joe Biden’s clean energy tax credits from the chopping block in the Republican budget plan.On Monday, the House Ways and Means committee proposed the … Read More >>
Wall St. Icon: “If you wait on this, it will already be too late” [sponsor] If you have a significant amount of money in the stock market right now — or if you’re sitting on the sidelines waiting to make a move — you DO NOT want to miss my latest research. My goal is to get as many people as I can in front of what’s coming. If you wait until your hand is forced, it will already be too late. You absolutely MUST get on the right side of this thing. Go here now to see my urgent warning.
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