Broker firmBTIGinitiated coverage on fintech stocks. SoFi, Upstart, PayPal, Opurton Financial, and Jack Henry & Associates stocks are surging after the rating, while those of Affirm, Block, Marqeta, Open Lending, and Green Dot are falling. BTIG analyst Lance Jessurun initiated coverage onSoFi TechnologiesSOFI with aBuy rating and a Price Target of $14. SoFi, which went
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“COCAINE UNIQUELY FITS THE FAST-PACED AMERICAN LIFESTYLE,” reads a caption for an exhibit at the Drug Enforcement Administration (DEA) Museum in Arlington, Virginia. “The Federal Bureau of Narcotics considered cocaine a nearly defeated drug,” it continues. “However, cocaine use rebounded, reaching its highest use level ever at the end of the 20th century.” It’s an
PayPal and Stripe, the American leaders in payment gateway technologies, are feeling the chill put out by regulators suddenly focused on the cryptocurrency industry. The impact of which may be irreparable harm to PayPal, Stripe, and the greater payment innovation ecosystem in the United States. Maneuvers by the United States government pertaining to cryptocurrency exchanges
Federal Reserve officials signalled they intend to resume interest rate increases amid a growing consensus that more tightening is needed to stamp out high inflation in the world’s largest economy. According to minutes from June’s meeting of the Federal Open Market Committee, “almost all” officials who participated said that “additional increases” in the Fed’s benchmark interest
mic dropped — AMAs are the latest casualty in Reddits API war “Will this undermine most of what makes IAmA special? Probably.” Scharon Harding – Jul 3, 2023 5:41 pm UTC EnlargeGetty reader comments 180 with Ask Me Anything (AMA) has been a Reddit staple that helped popularize the social media platform. It delivered some
Could it work in people? — One shot of a kidney protein gave monkeys a brain boost An early experiment suggests that an injection of klotho improves working memory. Celia Ford, Emily Mullin, Wired.com – Jul 4, 2023 12:05 pm UTC Enlarge reader comments 79 with Klotho, the ancient Greek goddess of fate, is responsible
Twitter founder Jack Dorsey is unrelenting in his bid to support the development of the Bitcoin BTC/USD protocol and he has made a new funding commitment to Brink, a Web3.0 hub that supports developers in the network.The Jack Dorsey Commitment As the blockchain startup revealed, the total funding commitment pledged by Jack Dorsey is pegged
Having a blast — Our Solar System possibly survived a supernova because of how the Sun formed The gas that produce stars also cushion them from the blast of nearby supernovae. Elizabeth Rayne – Jul 4, 2023 11:07 am UTC Enlarge / Artist’s conception of the early Solar System, which was at risk of a
Isaac Asimoc, a writer well-known for his works of science fiction, penned the “Three Laws of Robotics” in 1972. Asimov wrote these “laws” while thinking about androids, and he imagined a world where human-like robots would have human masters and need a set of programming rules to prevent them from causing harm. But51 years after
In the midst of the financial crisis in October 2008, Berkshire Hathaway Inc. CEO Warren Buffett made a significant late-night phone call to the then-Treasury Secretary Henry "Hank" Paulson. Buffett aimed to share an idea that could potentially revive the struggling economy. Don't Miss:Why Silicon Valley Elites Are Betting On This Startups Vision For Reuniting
The Bank of England is looking at contentious plans to force more international banks to set up subsidiaries in the UK, people familiar with the situation have told the Financial Times. The move could reduce the thresholds requiring foreign banks with corporate business in the country to set up subsidiaries, with their own capital and
Retail investor-friendly brokerage Robinhood Markets Inc HOOD is pushing the boundaries of the fintech space with its strategic acquisition of San Francisco-based X1, a platform that offers a no-fee credit card. What Happened: The move marks a step in Robinhood's journey to broaden its product offerings and deepen its relationship with existing customers. The deal
available in colors other than purple — The 2024 Rolls-Royce Spectre proves EVs make the best luxury cars We drive Rolls-Royce’s first electric car, which was 123 years in the making. Jonathan M. Gitlin – Jul 3, 2023 11:00 pm UTC Enlarge / In 1900, Charles Stewart Rolls (one of the founders of Rolls-Royce) said,
Investors are on the hunt for undervalued, underfollowed and emerging stocks, and retail traders have countless methods at their disposal to uncover new information. For some, this may be overwhelming. Benzingas Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks each week that are just under the surface
WITHOUT A NET — 336,000 servers remain unpatched against critical Fortigate vulnerability 69 percent of devices have yet to receive patch for flaw allowing remote code execution. Dan Goodin – Jul 3, 2023 7:46 pm UTC Enlarge reader comments 27 with Researchers say that nearly 336,000 devices exposed to the Internet remain vulnerable to a
New York-based digital assets platformBakkt has decided to removethree major cryptocurrenciesSolana SOL/USD , Polygon MATIC/USD , and Cardano ADA/USD from its listings. This move comes not long after Bakkt acquired Apex Crypto, a trading infrastructure provider, for $155 million. Bakkt's General Counsel and Secretary, Marc DAnnunzio, told Fortune that the company has opted for a
In the midst of the financial crisis in October 2008, Berkshire Hathaway Inc. CEO Warren Buffett made a significant late-night phone call to the then-Treasury Secretary Henry "Hank" Paulson. Buffett aimed to share an idea that could potentially revive the struggling economy. Don't Miss:Why Silicon Valley Elites Are Betting On This Startups Vision For Reuniting
WITHOUT A NET — 336,000 servers remain unpatched against critical Fortigate vulnerability 69 percent of devices have yet to receive patch for flaw allowing remote code execution. Dan Goodin – Jul 3, 2023 7:46 pm UTC Enlarge reader comments 27 with Researchers say that nearly 336,000 devices exposed to the Internet remain vulnerable to a
New York-based digital assets platformBakkt has decided to removethree major cryptocurrenciesSolana SOL/USD , Polygon MATIC/USD , and Cardano ADA/USD from its listings. This move comes not long after Bakkt acquired Apex Crypto, a trading infrastructure provider, for $155 million. Bakkt's General Counsel and Secretary, Marc DAnnunzio, told Fortune that the company has opted for a
In the midst of the financial crisis in October 2008, Berkshire Hathaway Inc. CEO Warren Buffett made a significant late-night phone call to the then-Treasury Secretary Henry "Hank" Paulson. Buffett aimed to share an idea that could potentially revive the struggling economy. Don't Miss:Why Silicon Valley Elites Are Betting On This Startups Vision For Reuniting