ASML's stock falls the most since 1998 after projecting sluggish 2025 sales, erasing €50B from its market cap and causing Nvidia and other chip stocks to fall
- Magnitude of ASML's forecast cut was a surprise, Citi says — Peer Tokyo Electron among worst hit stocks in Asia, down 10%
Source: on top of the $6.6B in funding, OpenAI got a $4B revolving line of credit from JPMorgan Chase, Citi, and others, bringing its total liquidity to $10B+
OpenAI has a $4 billion revolving line of credit, bringing its total liquidity to more than $10 billion, CNBC has learned.
London-based ESG Book, which provides sustainability data and whose clients include Citi and JP Morgan, raised a $35M Series B led by Energy Impact Partners
The U.S., unlike other robust nations, is only now beginning to organize the jigsaw-like pieces needed to structure …
FundGuard, an AI-powered investment management and administration SaaS startup, raises a $40M Series B from Citi, State Street Corp, and other investors
Meir Orbach / CTech :
Former Citi exec Matt Zhang announces Hivemind Capital Partners, a $1.5B VC fund to invest in blockchain startups, selects Algorand as a strategic partner
Hivemind Capital Partners, founded by former Citi exec Matt Zhang, announced its inaugural $1.5 billion venture fund to invest in blockchain and digital asset ecosystems.
Qupital, a Hong Kong-based startup offering cross-border e-commerce financing, raises a $150M Series B, including a credit securitization facility from Citi
Eudora Wang / DealStreetAsia :
London-based Solidatus, which helps clients like HSBC and Citi visualize, manage, and monetize their data, raises £14M Series A led by AlbionVC
London-based Solidatus, which helps clients like HSBC and Citi visualize, manage, and monetize their data, raises £14M Series A led by AlbionVC
Annie Musgrove / Tech.eu :
Online banking platform Good Money, which offers each customer an equity share and asks them to vote on sustainable causes to invest in, raises $30M Series A
In a given year, the biggest banks in the U.S.-Wells Fargo, Citi, Bank of America, and JP Morgan Chase-rake in billions of dollars …
Low fees and high interest rates are allowing VC-funded “neo-banks” like Chime, Aspiration, Empower, and Varo to compete with the big consumer banks in the US
Nathaniel Popper / New York Times : Tweets: @nathanielpopper , @garrytan , @mr_james_c , @jamesplloyd , @nytimesbusiness , @nytimesbusiness , @nytimesbusiness , @alexisohanian , and @nytimesbusiness ...