Investing News

Chime CEO Chris Britt Source: Chime Chime has raised a new $750 million Series G round of funding that values the fintech company at $25 billion — $10 billion higher than its last reported valuation of $15 billion from October 2020, according to PitchBook data. Chime, a so-called “challenger bank” known for fee-free banking, early paydays
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In this article MNTS The company’s latest-generation Microwave Electrothermal Thruster (MET) undergoes testing in a vacuum chamber at its facility in Santa Clara, California. Momentus Space company Momentus debuted on the Nasdaq on Friday, completing a nearly year-long and turbulent merger process that resulted in a new CEO and the departure of its founders. “In
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One of the biggest lessons the world learned from the crash of 1987 and the subprime meltdown of 2008 is that we should all proceed with caution when borrowing money to purchase or refinance a home. The type of mortgage you choose can mean the difference between owning your home outright one day in the
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An artist’s rendering of a Momentus Vigoride transfer vehicle deploying a satellite in orbit. Momentus Space company Momentus will later this week go public on the Nasdaq, a month after settling Securities and Exchange Commission charges that it misled investors. Stable Road Acquisition Corp, a special purpose acquisition company or SPAC, on Wednesday announced its
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Jane Fraser speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Monday, April 29, 2019. Kyle Grillot | Bloomberg via Getty Images Citigroup told employees that they’ll need to get the Covid-19 vaccination before returning to its offices, becoming one of the only major U.S. banks to take that stance. The
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Kristine Davis, a spacesuit engineer at NASA’s Johnson Space Center, wears a ground prototype of the new Exploration Extravehicular Mobility Unit (xEMU), during a demonstration on Oct. 15, 2019. Joel Kowsky / NASA Elon Musk offered SpaceX’s services to help NASA make its next-generation spacesuits, after a watchdog report on Tuesday said the agency’s current
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Individuals nearing retirement can implement a number of strategies to cover living expenses during their post-working years. Although retirement plan distributions and pension payments are common, income from Social Security is the most widely used income plan among retirees. The monthly benefit is a guaranteed amount that you can start receiving as early as age
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A Falcon 9 rocket launches the Transporter-1 mission in January 2021. SpaceX SpaceX is acquiring satellite data start-up Swarm Technologies, in a rare deal by Elon Musk’s space company that expands the team, and possibly the technological capabilities, of its growing Starlink internet service. Swarm, which has 120 of its tiny SpaceBEE satellites in orbit,
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Dado Ruvic | Reuters The price of bitcoin broke past $46,000 Monday morning after a high stakes weekend for the crypto industry as the Senate continued debating the details of its part in the still yet-to-be-passed infrastructure bill. Bitcoin traded as high as $46,050.61. That marks its highest level since May 16, when it hit
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Key Takeaways Berkshire Hathaway beat analysts’ expectations on earnings and revenues. While gains on its investment portfolio were down YOY, operating earnings from its subsidiaries were up sharply, showing improvement in its underlying businesses. Revenues increased YOY across business segments, reflecting the conglomerate’s broad exposure to the economic recovery. Source: Predictions based on analysts’ consensus
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Traders at the New York Stock Exchange. Source: NYSE The market is churning at record levels as Covid fears ramp up and political uncertainty swirls, but there are still buying opportunities for investors. On Tuesday, Stephanie Link of Hightower Advisors, Josh Brown of Ritholtz Wealth Management, investor Pete Najarian and I joined Scott Wapner on
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