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Bank of America Sees ‘Steady’ Consumer Credit as Charge-Offs Decline
Bank of America’s third-quarter earnings results, released Wednesday (Oct. 15), showed momentum in spending on cards, growth in client balances held at the financial institution, and strong credit q...
5x leveraged crypto ETFs are coming but should traders even touch them?
On Oct. 14, the SEC received a set of filings containing math that can destroy portfolios overnight. Volatility Shares, the issuer behind the first leveraged Bitcoin ETF, wants to launch a suite of 5x...
Salesforce is spending $15 billion to make San Francisco the capital of AI
Software giant Salesforce announced a $15 billion investment in San Francisco over the next five years. The funding is intended to strengthen the city’s position in artificial intelligence and was a...
OpenAI earns $13 billion a year while planning a trillion-dollar AI future
OpenAI is generating approximately $13 billion in annual revenue, largely from user subscriptions, while concurrently committing to over $1 trillion in spending over the next decade to expand its comp...
Sora becomes a hit and a headache for OpenAI with 1M downloads
OpenAI’s text-to-video app Sora reached one million downloads in North America in under five days, a milestone achieved faster than ChatGPT, amid growing criticism over its handling of copyright and...
Underdog and St. Louis Blues team up for multiyear partnership
Underdog, an online daily fantasy sports platform, has teamed up with the St. Louis Blues in a new multiyear marketing partnership designed to boost fan engagement at both home and away games. The dea...
Are miners buying Bitcoin again? Marathon adds 400 BTC after the crash
Bitcoin (BTC) miner MARA Holdings purchased 400 BTC for approximately $46 million on Oct. 13, capitalizing on the market collapse three days earlier while most miners remained defensive. The acquisiti...
The Next Frontier: Why Embedded B2B Finance Is Breaking Out in 2025
In recent years, embedded finance has become nearly synonymous with consumer-facing use cases: Think payments built into ride-sharing apps; buy now, pay later (BNPL) buttons at online checkouts; or ca...
Did Binance Demand Tokens for Listings? CEO’s Claim Sparks Industry Uproar
Limitless Labs CEO CJ Hetherington has shaken the crypto market again by publicly accusing Binance of demanding many project tokens and hefty deposits in exchange for a listing. The allegations, re...
Grayscale Hails Solana as “Crypto’s Financial Bazaar” With Analysts Targeting $300 SOL
Grayscale Research has labeled Solana “crypto’s financial bazaar,” highlighting its deep on-chain economy, strong user growth, and dominant transaction activity as the foundation for long-term v...
Newswire > Tag: revenue
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