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Category: Finance
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Citigroup beats analysts’ estimates for profit, helped by $1.1 billion boost from loans
Citigroup on Wednesday posted second-quarter results that benefited from a $1.1 billion boost from releasing reserves…
S&P 500 rises to a record as the Fed stays the course with easy policy, Apple hits all-time high
The S&P 500 rose to a new intraday record Wednesday after Federal Reserve Chairman Jerome Powell…
Wells Fargo profit tops expectations with boost from release of money set aside for loan losses
Wells Fargo on Wednesday reported second-quarter earnings and revenue results that topped Wall Street’s expectations as…
Alpine Investors’ ASG Acquires Hotel Operations Management Platform, ALICE, from Expedia Group
NEW YORK & WALNUT CREEK, Calif.–(BUSINESS WIRE)–ASG, a portfolio company of Alpine Investors that buys, builds…
S&P 500 rises to a record as the Fed stays the course with easy policy, Apple hits all-time high
The S&P 500 rose to a new intraday record Wednesday after Federal Reserve Chairman Jerome Powell…
Your funding round isn’t special, but you might be
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind…
Acelerate raises $14.44M Series A to turn existing restaurants into cloud kitchens
Acelerate, a software company looking to help restaurants make the most out of their infrastructure, is…
Cryptocurrencies don’t yet pose a threat to financial stability, Bank of England’s Cunliffe says
LONDON — Cryptocurrencies aren’t yet big enough to pose a systemic risk to financial stability, Bank…
Former Nutanix execs launch new startup with $50M seed round
Today a new software company from two former Nutanix executives called DevRev emerged from stealth with…
Wells Fargo profit tops expectations with boost from release of money set aside for loan losses
Wells Fargo on Wednesday reported second-quarter earnings and revenue results that topped Wall Street’s expectations as…
Citigroup beats analysts’ estimates for profit, helped by $1.1 billion boost from loans
Citigroup on Wednesday posted second-quarter results that benefited from a $1.1 billion boost from releasing reserves…
Citigroup beats analysts’ estimates for profit, helped by $1.1 billion boost from loans
Citigroup on Wednesday posted second-quarter results that benefited from a $1.1 billion boost from releasing reserves…
Bank of America shares fall after low interest rates squeeze second-quarter revenue
Bank of America shares dropped in Wednesday’s premarket after the banking giant posted second-quarter revenue below…
U.S. stock futures rise as Powell says the Fed is still a ways off from letting up on easy policy
U.S. stock index futures rose further into the green Wednesday after Federal Reserve Chairman Jerome Powell…
Ex-Plaid employees raise $30M for Stytch, an API-first passwordless authentication platform
There are far fewer annoying things than managing one’s passwords. There are a bunch of companies…
Unybrands brings in $300M to acquire more e-commerce businesses
Unybrands is the latest e-commerce aggregator to pick up a significant investment, this time closing $300…
Backed by $5M led by General Catalyst, Evvy launches a vaginal microbiome test to support women’s health research
Another US femtech startup has joined the race to build up data-sets to support research into…
M/C Partners Announces Significant Growth Capital Investment in Everywhere Wireless, Chicago’s Preeminent Internet Service Provider
BOSTON–(BUSINESS WIRE)–M/C Partners, a Boston-based communications and technology focused private equity firm announced an investment in…
Curia to Acquire US-Based LakePharma, Expanding End-to-End R&D Capabilities and Scale for Biologics
ALBANY, N.Y.–(BUSINESS WIRE)–Curia, formerly AMRI, a leading contract research, development and manufacturing organization, today announced it…