Tag: Financial Services

A surge in investor activity boosted Charles Schwab (SCHW) profits in 2025, but the company’s fourth-quarter results fell just a tad short of Wall Street expectations.

Ally Financial Inc. (ALLY) reported fourth quarter adjusted earnings that beat analyst expectations on Wednesday.

JPMorgan Chase (JPM) is taking over the Apple (AAPL) credit-card program from Goldman Sachs—and the iPhone maker will be hoping a new partner brings about a change in fortunes for the co-branded program.

Sales for U.S. retailers have increased by about 4% so far this holiday season as Americans balanced tighter budgets with a desire to upgrade gadgets and refresh wardrobes, according to preliminary figures released by Visa (V) and Mastercard (MA) on Tuesday.

Nasdaq Inc. (NDAQ), the second-largest exchange in the US, is looking for regulatory approval to extend trading hours on its stock venues to 23 hours during the work week.

CME Group announced on Friday that its Globex futures and options markets pre-opened at 07:00 Central Time (1300 GMT) and opened at 07:30 CT, following an earlier trading halt caused by a cooling issue at its data centers.

Swedish fintech firm Klarna on Tuesday said it will launch a U.S. dollar-backed stablecoin, becoming the latest major payments company to move deeper into digital assets as regulators tighten oversight of the sector.

Klarna Group made its trading debut with a bang in September. Its third-quarter earnings report, the fintech’s first since going public, is putting investor interest to the test.

Alphabet stock was gaining early Monday on news that Warren Buffett’s Berkshire Hathaway bought a stake in the owner of Google.

Circle (CRCL.N), beat Wall Street expectations for third-quarter profit on Wednesday, on the back of higher reserve income through its flagship USDC as stablecoin circulation increased.

Visa (V.N), narrowly beat estimates for fourth-quarter profit on Tuesday and gave an upbeat forecast for its new fiscal year, as strong consumer spending in the U.S. drove card transaction volumes on the payments processing company’s network.

PayPal has signed a deal with OpenAI to have its digital wallet embedded into ChatGPT so users can pay for items found through the leading consumer AI tool, the company told CNBC exclusively.

Η αναβάθμιση, επισημαίνει ο οίκος αξιολόγησης, βασίζεται στο βελτιούμενο προφίλ επαναλαμβανόμενων κερδών, την ήπια βάση κόστους και την προσδοκία για διατηρήσιμη άνοδο των κερδών παρά τη μείωση των επιτοκίων.

Σε αναβάθμιση της πιστοληπτικής αξιολόγησης της Intralot σε B2 από Caa1 προχώρησε η Moody’s, αναβαθμίζοντας σε Β2 από Β3 και την αξιολόγηση των ομολόγων της εισηγμένης, με σταθερό outlook.

Warren Buffett’s Berkshire Hathaway announced Thursday it reached a deal to buy Occidental Petroleum’s petrochemical unit, OxyChem, for $9.7 billion in cash.

Shares of Klarna rose 15% in their New York Stock Exchange debut Wednesday, closing at $45.82 after the Swedish fintech priced its IPO above its expected range.

Online lender Klarna priced its IPO at $40 per share on Tuesday, above its expected range, in a deal that values the Swedish company at about $15 billion.

Swedish fintech firm Klarna is looking to raise up to $1.27 billion in its long-awaited U.S. initial public offering, according to an official filing out on Tuesday.

Berkshire Hathaway bought shares of UnitedHealth Group, home builder Lennar and Nucor  in the second quarter, among other moves.

Circle Internet Group shares jumped Tuesday after reporting its first quarterly earnings as a publicly listed company. While charges related to the stablecoin issuer’s debut contributed to a second-quarter loss, it reported a 53% increase in revenue, driven by strong growth in stablecoins.