Finance

Alex Bouaziz, CEO and co-founder of Deel, onstage at the Collision 2022 conference at Enercare Centre in Toronto, Canada. Vaughn Ridley | Sportsfile | Getty Images Human resources software firm Deel said it has hit an annual revenue run rate of $800 million and is ramping up preparations to go public with a view to

Kenneth C. Griffin (R) speaks during The New York Times Dealbook Summit 2024 at Jazz at Lincoln Center on December 04, 2024 in New York City.  Eugene Gologursky | Getty Images Billionaire investor Ken Griffin’s flagship hedge fund climbed in a volatile January, according to a person familiar with the returns. Citadel’s multistrategy flagship Wellington fund

UBS shares lost ground after the lender’s fourth-quarter results and up to $3 billion share buyback plans failed to impress. Switzerland’s largest bank on Tuesday reported net profit attributable to shareholders of $770 million, compared with a $483 million estimate in a company-provided consensus estimate and with a mean forecast of $886.4 million in a

U.S. President Donald Trump hold up an executive order, “Unleashing prosperity through deregulation,” that he signed in the Oval Office on January 31, 2025 in Washington, D.C., while also speaking to reporters about tariffs against China, Canada and Mexico. Chip Somodevilla | Getty Images News | Getty Images The U.S. stock market was rocked Monday

Republican presidential nominee former President Donald Trump, left, listens as investor Scott Bessent speaks on the economy in Asheville, N.C., Wednesday, Aug. 14, 2024. Matt Kelley | AP President Donald Trump has made Treasury Secretary Scott Bessent the acting director of the Consumer Financial Protection Bureau after firing former head Rohit Chopra over the weekend.

Hiroki Takeuchi, co-founder and CEO of GoCardless. Zed Jameson | Bloomberg | Getty Images Financial technology unicorn GoCardless more than halved losses in 2024 and said it’s aiming to reach full-year profitability by 2026. The London-based startup, which helps businesses collect recurring payments such as subscriptions, reported a net loss of £35.1 million ($43.8 million)

In this article .IXIC Follow your favorite stocksCREATE FREE ACCOUNT More than a dozen initial public offerings have started trading so far in 2025, with the latest launching Thursday. But these launches have largely been met with tepid market reaction. The Nasdaq’s president still thinks this year could be the IPO market’s comeback year.  “I

A “mild recession” is on the cards, according to Commerzbank CEO Manfred Knof. Picture Alliance | Picture Alliance | Getty Images Commerzbank on Friday unexpectedly released quarterly results, touting “record” annual profit and announcing a new share buyback scheme. The bank said it achieved a 20% increase in net profit to 2.68 billion euros ($2.78

OpenAI CEO Sam Altman speaks next to SoftBank CEO Masayoshi Son after U.S. President Donald Trump delivered remarks on AI infrastructure at the Roosevelt Room in the White House in Washington on Jan. 21, 2025. Carlos Barria | Reuters OpenAI is in talks to raise up to $40 billion in a funding round that would

In this article AAPL .NDX NDAQ BLK QQQ Follow your favorite stocksCREATE FREE ACCOUNT The tech-driven Nasdaq 100 may be undergoing a historic shift as it turns 40 this week. According to Strategas Securities’ Todd Sohn, cryptocurrency companies could fuel the next wave of gains. “Bitcoin is to crypto as the QQQ … is to technology type stocks,” the