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Binance Sued by Hamas Attack Victims For Terror Financing

More than 300 Americans who were caught in Hamas’s October 7, 2023, attack on Israel are suing Binance. They say the exchange helped move more than $1Bn for militant groups. The plaintiffs include victims and families of those killed, injured, or taken hostage. They filed the civil case in a US federal court in North … Read more

Debt financing in AI is a signal that bull market in tech is ‘getting weaker,’ Morgan Stanley CIO says

Meta’s $30 billion debt-financed deal for a gigantic AI data center in Louisiana is an example of how “the landscape has suddenly gotten a lot, lot, lot more complicated” for tech stocks going forward, Morgan Stanley Chief Investment Officer, Wealth Management, Lisa Shalett told Fortune. The Meta agreement is the largest private debt deal ever, … Read more

Nvidia’s $100 billion investment in OpenAI has analysts asking about “circular financing” inflating an AI bubble

Nvidia’s announcement earlier this week that it is investing $100 billion into OpenAI to help fund its massive data center build out has added to a growing sense of unease among investors that there is a dangerous financial bubble around AI, and that the revenues and earnings math underpinning the valuations of both public and … Read more

Equillium Soars on $50M Financing News: What’s Driving the Surge and What It Means for Traders

Well, folks, strap in because the market’s serving up some serious action today, and Equillium, Inc. (NASDAQ: EQ) is stealing the spotlight! As of this writing, EQ stock is rocketing with a jaw-dropping gain of nearly 100%, trading at around $0.9895. That’s the kind of move that makes traders sit up, rub their eyes, and … Read more

Equillium Stock Skyrockets on Massive Financing Boost – What This Means for Traders

Hey there, market watchers! If you’re scanning the boards today for those big movers, you’ve probably spotted Equillium Inc. (that’s ticker EQ on Nasdaq) lighting up the charts like a firework. As of this writing, shares are up over 100%, trading around $1.03 after popping from yesterday’s close. Whoa, talk about a wake-up call! This … Read more

Georgia attorney general suing his opponent in governor’s Republican primary race over campaign financing

NEWYou can now listen to Fox News articles! Georgia Attorney General Chris Carr, one of the leading Republican contenders for governor, has filed a lawsuit against Lt. Gov. Burt Jones, challenging the legality of his GOP rival’s campaign funding. Carr asked a federal judge to permanently block Jones’ ability to spend money from his leadership … Read more

Wintermute secures Bitcoin lending facility from Cantor Fitzgerald under its $2B financing program

Wintermute has secured a Bitcoin-backed credit line from Cantor Fitzgerald as part of Cantor’s $2 billion Bitcoin Financing Business initiative. Crypto market maker Wintermute has secured a Bitcoin-backed credit line from investment bank Cantor Fitzgerald. The size of Wintermute’s facility was not disclosed, but CEO Evgeny Gaevoy said it would help the firm manage the capital-intensive nature of … Read more

Fervo Energy lands $206M in financing to build massive geothermal power plant

Geothermal frontrunner Fervo Energy said Wednesday that it had secured $206 million in financing to continue work on a new power plant in Utah.  The startup is developing what promises to be the largest enhanced geothermal power plant in the world. The initial phase of Cape Station is expected to come online next year and … Read more

Is Trump Crypto Financing New Dubai Skyscraper With Upcoming World Libery Financial RWA Crypto?

Dubai’s skyline is getting another statement piece—this time with the Trump crypto name stamped on it. Many are predicting it will feature Trump’s crypto venture World Liberty Financial. The newly announced Trump International Hotel & Tower will rise 80 stories in Downtown Dubai, planting the brand’s flag in the Middle East for the first time. … Read more

A quarter of U.S. consumers are now financing groceries with buy now, pay later as economic pressures mount, survey says

More Americans are taking advantage of financing options for essential purchases, the latest sign of mounting concern over the health of the economy. Consumers have increasingly turned to buy-now-pay-later (BNPL) services for groceries, according to data released by lending marketplace Lending Tree—and more of those shoppers are paying back those loans late. One-quarter of shoppers … Read more

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