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Jack Dorsey sounds layoff alarm after Block slashes 50% staff — which companies could be next?Tech layoffs 2026: Block is slashing over 4,000 jobs, nearly half its workforce, in a single decisive move to boost morale and efficiency. ...
AI layoffs no longer cheer markets as investors turn sceptical, says studyEarlier, layoff announcements often lifted share prices as investors anticipated cost savings and better margins. However, the study by Gol...
US stock market crashes hard today: Dow falls big, S&P 500 logs fourth straight losing day, Nasdaq also in deep redUS stock market crash: US stocks fell sharply on Tuesday. The Dow dropped 545 points to 46,044.77. The Nasdaq slipped 0.5%. The S&P 500 fel...
Morgan Stanley stock shoots up after massive Q3 earnings - here's what to trackMorgan Stanley stock surged after the bank reported strong third-quarter 2025 earnings. Net income hit $4.6 billion, or $2.80 per share, fa...
Goldman Sachs September quarter profit jumps 37% as bankers cash in on big dealsGoldman Sachs' quarterly profit jumped more than 37% on Tuesday as its investment bankers earned higher advisory fees and rallying markets ...
Klarna set to price much-awaited US IPO in boost to fintech hopefulsKlarna, the Swedish buy-now, pay-later giant, is set to price its U.S. IPO, aiming to raise up to $1.27 billion. The IPO, priced between $3...
Figr IPO: FIGURE eyes $4.1B valuation with 22% revenue surge — is fintech’s next big breakout here?FIGURE is making waves as it gears up for its highly anticipated IPO, aiming for a $4.1 billion valuation. The blockchain-backed lender has...
Chime, which almost sank in 2016, makes strong Wall Street debut; what changed?Chime Financial had a strong Nasdaq debut. The stock price increased significantly after the IPO. The company raised $864 million. Founders...
Chime IPO raises $864 million in long-awaited Nasdaq debut, cuts valuation nearly in half—here’s what it means for fintech’s big revivalChime IPO has officially hit the stock market, raising $864 million by pricing shares at $27, slightly above expectations. Now trading unde...
Cred’s valuation cut; BluSmart ends rideHappy Monday! Fintech startup Cred is in talks to raise new funds at a reduced valuation. This and more in today’s ETtech Morning Dispatch.
Regulation, deals and crypto: Fintech themes to watch in 2025The bankruptcy of banking-as-a-service startup Synapse Financial Technologies left thousands of fintech customers without access to funds h...
AI experts’ sky-high salary demand stumps Indian companiesAccording to Mark Samlal of San Francisco-based Deel, a payroll and compliance provider, at least 132 companies looking to hire AI talent i...
Fintech regulations to help those who follow rules: QED’s Nigel MorrisNigel Morris, cofounder and managing partner at QED Investors, spoke to ET about the recent clampdown by India's central bank across variou...
Swedish payments group Klarna adds AI-driven photo feature to entice shoppersMany start-up companies like Klarna are adding AI to their product portfolio to boost valuations as they wait for their turn to hit the pub...
Swedish payments major Klarna hits monthly profitability ahead of target as losses shrinkThe January-June operating loss at the privately held (BNPL) fintech, which last made a full-year profit in 2018, was 2.01 billion crowns (...
Silicon Valley startups brace for a summer of painAs the market downturn drags on and investor cash remains hard to come by, more startups will start to run out of money, experts say. Some ...
Stripe nearly halves valuation to $50 billion following $6.5 billion raiseStripe's capital raise constitutes what is commonly known as a down round, where the latest funding fetches a lower valuation for the compa...
Money View raises $75 million led by Apis Partners, valuation jumps to $900 millionFintech company Money View on Monday announced it has raised $75 million in its ongoing Series E funding led by UK-based asset manager Apis...
India ahead of global fintech in having more women leaders, says Lizzie ChapmanBNPL will be big with more m-cap created in India than anywhere else, says ETSA winner
Sweden's Truecaller names new chairman ahead of potential IPOZarringhalam, who co-founded Truecaller with Alan Mamedi in 2009, will remain a member of the company's board as well as its chief strategy...