Affirm Holdings, IncAFRM stock is trading lower afterPiper Sandleranalyst Kevin J. Barker downgraded the stock from Neutral to Underweight with aprice target of $11.00. Barker expects persistently higher rates to pressure operating margins as AFRM needs to hold more loans on the balance sheet. In addition, he expects tighter underwriting standards, increased pricing, and the
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Every breath you take — Dinosaurs and the evolution of breathing through bones Dinosaurs’ hyper-efficient breathing system also evolved in two other lineages. Jeanne Timmons – Jul 26, 2023 11:00 am UTC Enlarge / It takes careful study and the right kind of bones to determine how something like this breathed.Tito Aureliano et. al. reader
A new study published on Monday shows that even when controlling for test scores, children from wealthy families have a higher chance of being accepted to an elite college than their middle-class counterparts. Further, the study found that applicants from families in the top 0.1 percent have over double the chance of being accepted to
A federal judge on Friday permanently banned Arizona from enforcing a new law restricting how closely people may film police, finding that the law violates a core First Amendment right to record law enforcement officers. U.S. District Judge for the District of Arizona John J. Tuchi wrote that the law, which made it a misdemeanor
NatWest’s board has criticised its chief executive Alison Rose and threatened to dock her pay after she admitted being the source of an inaccurate story about the closure of Nigel Farage’s bank account. But the bank’s chair Howard Davies said that “after careful reflection” the board had decided Rose retained their “full confidence”. Rose has been
So far, 2023 has been a tough year for crypto, with a persistent down market and regulatory uncertainty that will likely send many blockchain ventures overseas for more favorable conditions. Yet the potential of blockchain to improve life for everyone remains with an increasing number of projects with practical use cases. A recent survey by
Mastercard's stock price has reached unprecedented heights, surpassing its previous all-time high and breaking through the $400 psychological barrier. Since its public trading debut in May 2006, Mastercard's stock has seen a consistently bullish trajectory, climbing over 9000%. Mastercard Inc MA stock price advances to record-breaking levels, surpassing its previous all-time high. After a two-year
Since its inception, Titan, an asset management platform, has been a game-changer in democratizing wealth management. The company is now shaking up the cash management industry with its latest offering, Smart Cash. Benzinga spoke with Titan co-founder and co-CEO Clayton Gardner about the new product. Born out of Gardners personal frustrations with managing his own
Crypto exchange Coinbase Global IncCOIN announcedon Wednesday the integration of a new messaging feature into its Wallet, aiming to enhance user interaction within the crypto community. To provide a seamless and secure user experience, Coinbase Wallet partnered with XMTP, an open protocol and network for secure Web3 messaging. The company stated thedevelopment was part of
South Korean Fintech CompanyU Fintech Hub Incannounced today that it has successfully raised $4 million in a recent capital funding round led by Forest Partners. What Happened?With this current funding round, U Fintech Hub has raised approximately $10 million in capital. U Fintech Hub operates the global remittance platform "Utransfer," specializing in B2B and C2C
The U.S. government is contemplating new restrictions on the export of AI chips to China in an effort to limit Chinas technological advancements and contain its rising influence. The ban, which may go into effect as soon as next month, would prevent Nvidia Corp. NVDA and other chipmakers from shipping their products to clients in
Credit Suisse has been fined $388mn by US and British regulators for “significant failures in risk management and governance” related to the collapse of Archegos Capital, which caused a $5.5bn trading loss and helped bring about the demise of the Swiss lender. The US Federal Reserve imposed a $269mn penalty on the bank for “unsafe
big iron — The IBM mainframe: How it runs and why it survives In this deep-dive explainer, we look at a big-business mainstay. Andrew Hudson – Jul 24, 2023 11:00 am UTC Enlarge / A Z16 Mainframe. reader comments 13 with Mainframe computers are often seen as ancient machinespractically dinosaurs. But mainframes, which are purpose-built
Get ready for a revolution. Crypto is on the verge of transforming finance, just like the internet revolutionized information. Theres a lot of good thats bound to come to the world once we break the walled gardens of finance, said Jason Yanowitz, the co-founder at Blockworks, the media brand thats driving forward the most important
strange new decks — Two great Star Trek shows revive the lost art of the gimmicky crossover episode Lower Decks and Strange New Worlds have a lot of fun blending their styles. Andrew Cunningham – Jul 22, 2023 11:00 pm UTC Enlarge / Tawny Newsome (left) and Jack Quaid reprising their roles as Beckett Mariner
According to a new survey, a majority of college students believe that professors who say something “offensive” should be reported to the university. The survey , from researchers at North Dakota State University, found that 74 percent of students overall supported reporting professors for offensive statements. While a majority of students from all political persuasions
When Greenland was Green — Long-forgotten frozen soil sample offers a warning for the future Ancient soil was buried under a mile of ice until excavated during the Cold War. Paul Bierman and Tammy Rittenour, The Conversation – Jul 22, 2023 11:24 am UTC Enlarge / Water and sediment pour off the melting margin of
Lithuanias prominent institutional actors in fintech including the Ministry of Finance, the Bank of Lithuania, Go Vilnius, ROCKIT, and Fintech Hub LT signed a Memorandum of Understanding, solidifying guidelines to enhance conditions for business in the sector and fostering the development of transparent regulatory frameworks through 2028. Context: Lithuania holds the title of the largest
Powerful Republican donors and billionaires Ken Griffin and Nelson Peltz are rethinking plans to support the US presidential bid of Ron DeSantis over concerns that the Florida governor has veered too far to the right. They have been discouraged by DeSantis’s interventionist policies, people familiar with their thinking told the Financial Times. Griffin objects to
Rishi Sunak’s Conservatives have narrowly held on to the Uxbridge and South Ruislip seat in an unexpected UK parliamentary by-election result but were poised to lose two other seats in a night of political drama. Sunak’s ruling party retained the London seat vacated by former premier Boris Johnson by fewer than 500 votes, but the