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SoftBank shares slide up to 13% as AI stocks fall on slowdown calls

Artificial Intelligence, Asia, Business, Digital Marketing, Finance, Investors and funding, SEO Tips, Technology /

SoftBank Group shares fell as much as 13% in Tokyo on Monday, their steepest drop since 17 July. AI-linked stocks sold off worldwide that day. Over the weekend, the heads of Anthropic and OpenAI had called on the industry to slow the development of more capable models. The same day, Bloomberg reported that SoftBank had […]

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Some prop firms profit from failure

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The appeal of prop trading starts with a genuine problem around access to capital. 45% of people who don’t invest said they simply did not have enough money to do so. Talented traders lack enough capital to turn skill into returns. Proprietary firms are an alternative. They give capable traders the opportunity to manage substantially […]

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OpenAI launches ChatGPT for Financial Services with data from S&P, LSEG, Moody’s and PitchBook

Digital Marketing, Finance, launch, OpenAI, SEO Tips, Technology /

OpenAI has launched a version of ChatGPT for banks and investment firms, with licensed market data built into the product. It is designed around the work financial analysts already do, including valuations, leveraged buyout models, buyer screening, earnings analysis, and pitchbooks. The product was announced on Thursday. It runs on GPT-6 Astra and was developed […]

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How I learned to stop worrying and love the gamification of finance

Digital Marketing, Finance, Fintech and ecommerce, Future of Finance, SEO Tips, Technology /

Gamification has a bad name in finance, and rightfully so. Trading apps fired confetti when you bought options. Meme stocks turned rent money into casino chips. Say “gamified finance” today and people picture slot machines packaged as financial products. The gamification itself was not the problem. The problem was the mechanisms powering these experiences: leveraged […]

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Chime is paying $590m for its own sponsor bank

Business, Digital Marketing, Europe, Finance, Fintech and ecommerce, SEO Tips, Technology, United States /

Chime is buying the bank that has held its customers’ money for seven years. The company announced on Tuesday that it has agreed to acquire Stride Bank of Enid, Oklahoma, for $590m in cash. Stride will become Chime Bank and operate as a wholly owned subsidiary. Closing should follow in the first half of 2027. […]

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Robinhood ranks last of 18 banks on the Oura IPO. The channel it just joined is being built for what comes next.

Business, Digital Marketing, Finance, Fintech and ecommerce, Money, SEO Tips, Technology, United States /

Robinhood has won its first IPO underwriting role, ranking last among 18 banks on Oura’s offering. The bigger shift is in retail distribution: SpaceX reserved about 20% of its deal for individuals and Fidelity cut its minimum order from $500,000 to $2,000. That channel is being completed just before the AI listings arrive Robinhood has […]

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UBS now wants AI skills from its junior bankers, Financial Times reports

Artificial Intelligence, Business, Digital Marketing, Europe, Finance, Future of work, SEO Tips, Technology /

For two years the AI story in banking has been a headcount story. How many graduates a bank takes, and how many it quietly stops taking. UBS has changed the question. It is no longer asking how many juniors it needs. It is asking what a junior has to be. The change covers anyone applying […]

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Anthropic will reportedly list days before the US midterm elections

Anthropic, Business, Digital Marketing, Finance, Investors and funding, SEO Tips, Technology, United States /

Anthropic’s stock market debut has moved, and the new date puts it days away from a national election. Reuters reported on Friday that the company expects to start marketing its offering in mid-October at the earliest. The listing would then complete shortly before the US midterms in November. Echo Wang had the story from people […]

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Oura’s $924m loss is the price of buying back its own shares

Business, Digital Marketing, Finance, Investors and funding, Next Featured, SEO Tips, Technology, United States /

Oura filed to go public on Nasdaq on 3 September, and the coverage split within hours. Reuters reported that the smart ring maker had recently turned profitable. The Wall Street Journal told its readers the same. Bloomberg’s Subrat Patnaik led on a loss of $924.3m. Business Insider’s Kelsey Vlamis carried both figures without reconciling them. […]

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Snowflake beat on almost everything. One number went the other way

Artificial Intelligence, Business, Digital Marketing, Finance, SEO Tips, Technology, United States /

Snowflake beat expectations on revenue, on profit and on guidance, and its shares rose more than 20% after hours. One number in the release went the other way, and it is the one that looks furthest into the future. Remaining performance obligations, the contracted revenue Snowflake has booked but not yet recognised, came in at […]

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