Fintech

Semiconductor Wafer Shipments To China  The Department of Commerce's Bureau of Industry and Security (BIS) imposed a civil penalty of $500,000 against GlobalFoundries Inc. (NASDAQ:GFS) last Friday. The penalty is related to shipments of semiconductor wafers valued at approximately $17.1...

Upstart Holdings, Inc. (NASDAQ:UPST) reported its third-quarter results after Thursday's closing bell. Here's a look at the details from the report.   The Details: Upstart reported quarterly losses of seven cents per share which beat the analyst consensus estimate for losses of 15 cents....

Affirm Holdings, Inc. (NASDAQ:AFRM) reported its first-quarter results after Thursday's closing bell. Here's a look at the key figures from the quarter.    The Details: Affirm reported quarterly losses of 31 cents per share, which beat the analyst consensus estimate for losses of 35 cents....

Block, Inc. (NYSE:SQ) reported its third-quarter results after Thursday's closing bell. Here's a look at the details from the report.  The Details: Block reported quarterly earnings of 88 cents per share, which beat the analyst consensus estimate of 87 cents. Quarterly revenue came in at...

Financial stocks have surged ahead of tech in year-to-date performance, fueled by a Trump-led rally on Wednesday that lifted banks and brokers amid investor expectations of a deregulation-friendly political landscape ahead. The Financial Select Sector SPDR Fund (NYSE:XLF) has risen by 30% in 2024,...

Block Inc (NASDAQ:SQ) will be reporting its third-quarter earnings on Thursday. Wall Street expects 87 cents in EPS and $6.24 billion in revenues when the company reports after market hours. The stock is up 52.09% over the past year and 7.5% year-to-date. In the lead-up to Block’s third-...

Stocks and cryptocurrencies saw heavy action during the after-hours trading session during the 2024 election thanks to the expansion of 24-hour trading at companies like Robinhood Markets (NASDAQ:HOOD), which sees the extended hours as a key user growth item moving forward. Here's a look at the top...

As blockchain technology continues to make inroads into traditional finance, major institutions are showing renewed interest in adopting decentralized systems. Ahead of his appearance at the upcoming Benzinga Future of Digital Assets event, Anthony Moro, CEO of Provenance Blockchain Labs, spoke on...

On Wednesday, Janover Inc (NASDAQ:JNVR) announced its financial results for the third quarter ended September 30, 2024. Revenue for the three months ended September 30, 2024, was approximately $619,000, up 6% from the previous year. Revenue increased sequentially by approximately 40%. Also Read:...

The Ripple “Swell” conference on Oct. 15-16 brought together leaders in payments, blockchain, digital assets and economic policy. Ripple used the event, held at the Faena Hotel in Miami Beach, Florida, to spur discussion around the future of finance and chart its plans spanning cross-...

As blockchain technology continues to enter mainstream financial systems, Markus Kuhnert, founder and CEO of 1iO, has raised concerns about its core principles being overshadowed. Ahead of the upcoming Benzinga Future of Digital Assets event, a BRANDGUARDIAN representative, responding on behalf of...

Robinhood Markets Inc (NASDAQ:HOOD) reported its third-quarter results after Wednesday's closing bell. Here's a look at the key figures from the report. The Details: Robinhood Markets reported quarterly earnings of 17 cents per share, which met the analyst consensus estimate. Quarterly revenue...

Editor’s note: This story has been updated with additional comment from a Charles Schwab executive. Charles Schwab Corp. (NYSE:SCHW) announced a significant expansion Wednesday of its 24-hour trading capabilities.  The Details: Schwab announced it will expand its 24-hour trading to include...

The integration of blockchain into traditional financial systems is expanding rapidly. Major institutions such as Citi, JPMorgan and Mastercard are making substantial investments, signaling a potential transformation in finance. Ian Horne, head of content at Money20/20, shared his views on the...

With tax season approaching, CPAs are calling on the IRS to prepare for potential changes impacting cannabis businesses. The American Institute of CPAs (AICPA) recently submitted recommendations to the U.S. Treasury and IRS, highlighting areas where guidance is needed to clarify tax obligations for...