The financial market has recently displayed an exuberant resurgence, particularly highlighted by substantial gains from innovative companies operating in online lending and payment technologies. Upstart, which integrates artificial intelligence into its lending processes, witnessed an impressive 46% surge in its stock price last Friday—marking its best performance in over three years. This spike was fueled
Enterprise
Tesla, a leading player in the electric vehicle market, has garnered attention not just for its innovative technology but also for the controversial messages circulating on its social media platforms. Recently, the National Highway Traffic Safety Administration (NHTSA) issued a warning to Tesla regarding potentially harmful suggestions emanating from its official communications. The agency articulated
In its latest earnings report for the third quarter, Block Inc., the payment processing giant formerly known as Square, revealed results that fell short of analysts’ revenue expectations while maintaining a strong focus on profitability. The company reported an adjusted earnings per share (EPS) of 88 cents, slightly exceeding expectations of 87 cents. However, total
Adyen, the renowned Dutch payments processing firm, recently encountered a significant setback as its shares plummeted nearly 10% following the release of its third-quarter earnings. This dip underscores a broader concern among investors and analysts regarding the company’s growth trajectory and market competitiveness. The report reveals insights into the evolving landscape of digital payments and
British digital payments provider Wise has reported an impressive 55% increase in profits for the first half of its 2025 fiscal year, driven primarily by customer growth and expanding market share. The latest financial results reveal a profit of £217.3 million, a notable rise from £140.6 million recorded during the same period in the previous
As political tensions rise ahead of critical elections in the U.S., tech giants like Google grapple with maintaining an environment where employees are encouraged to share ideas without crossing into the realm of partisanship. In a recent revelation, it was disclosed that Google has actively moderated and deleted political content being discussed among its employees
Caitlin “CK” Kalinowski, previously at the helm of Meta’s ambitious Orion augmented reality project, has officially joined OpenAI to spearhead its robotics and consumer hardware initiatives. Announced through her social media profiles on LinkedIn and X, Kalinowski expressed her enthusiasm for her new role, emphasizing her intent to focus on OpenAI’s robotics work. This shift
Amazon has recently taken significant strides towards realizing its ambitious drone delivery goals by receiving regulatory approval for its latest drone model, the MK30. Announced in November 2022, this new drone iteration signals a major move forward in Amazon’s quest to innovate the logistics landscape. The MK30 is designed not just to be smaller and
In a significant development for financial technology, Affirm, a U.S.-based buy now, pay later (BNPL) company, officially launched its services in the United Kingdom. This marks the first international venture for the company since its inception in 2012. With a customer base exceeding 50 million and a network of over 300,000 active merchants, including giants
In an unexpected turn of events, Amazon’s shares surged by 6% on Friday, driven by results that exceeded Wall Street’s projections. This leap brings the stock’s year-to-date gains to approximately 32%, marking a significant rebound for the tech giant. The stock’s performance saw it momentarily peak at $200.50, inching closer to its historic thresholds. Although