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As of Jun 21, 10:16 PM ET ·
FISI News30 articles
Aditxt Surges on New 10% Stake Filing Amid Financial Woes
Aditxt shares soared after a new investor disclosed a 10.9% stake, but the company faces going-concern risks and a Nasdaq delisting appeal.
Markets
Micron's Strategic Investment Boosts Anthropic Ahead of IPO, Financial Transparency Key
Micron Technology secures a strategic investment and supply deal with Anthropic ahead of its IPO, as the AI firm faces pressure to disclose key financial metrics like gross margin.
IPO
Getty Images Surges on OpenAI Deal, Financial Details Remain Under Wraps
Getty Images (GETY) saw its stock jump 167% premarket after revealing a multi-year partnership with OpenAI to display licensed images in ChatGPT, but financial terms were not disclosed.
Markets
Rivian Cuts Jobs, R2 Launch Adds to Financial Strain
Rivian is cutting hundreds of jobs, less than 2% of its workforce, to reduce costs after launching the R2 SUV. Shares closed up 2% as investors weigh cost cuts against margin pressures.
Regulation
Dow Breaks 52,000 as Rotation Out of Tech Lifts Financials; Fed Decision in Focus
The Dow Jones Industrial Average closed above 52,000 for the first time, while the Nasdaq slid on tech weakness as investors rotated into financials and industrials ahead of the Fed's rate decision.
Markets
Lloyds Banking Group Rises as UK Financial Stocks Rally Ahead of BoE Decision
Lloyds Banking Group shares rose 1.3% to 104p, beating the FTSE 100, as financial stocks rallied and the bank continued its £1.75 billion buyback program.
Markets
JPMorgan Stock Rallies as Oil Drop Fuels Financial Sector Rotation
JPMorgan Chase shares jumped 3.3% to $330 as sliding oil prices and easing inflation fears sparked a rotation into financial stocks, pushing the Dow to a record high.
Markets
POET Technologies Surges on AI Photonics Hype, Financials Show Big Gap
POET Technologies rose to $13.93 on heavy volume, driven by AI photonics hopes, but with minimal revenue and a net loss, its $2.4 billion valuation remains speculative.
Markets
FreeCast's DIRECTV Deal Sparks Rally, but Financial Risks Loom
FreeCast shares jumped 140.68% after expanding its DIRECTV partnership, but the company's small revenue, deep losses, and going-concern warning keep the stock highly risky.
Markets
AI Financial's WLFI Liquidity Boost Fails to Lift Stock Above $1
AI Financial claims $180M in WLFI tokens can ease liquidity concerns, but shares trade at $0.665, under Nasdaq's $1 minimum, keeping delisting risk alive.
Crypto
FreeCast Shares Surge 141% on DIRECTV Deal, Yet Financial Risks Loom
FreeCast shares jumped 141% on a DIRECTV expansion deal, but the stock remains high-risk with only $92,909 in quarterly revenue and a going concern warning.
Markets
Cuprina Soars on Nasdaq Compliance but Financial Hurdles Remain
Cuprina shares jumped 74% after Nasdaq confirmed compliance with bid price rules, removing delisting risk, but the company's financials remain weak.
Markets
Richtech Robotics Shares Tumble After Financial Restatement Announcement
Richtech Robotics shares dropped up to 10% premarket after disclosing errors in financial statements for 2024 and 2025, citing warrant liabilities and a SEPA. The company plans to restate results.
Regulation
Scotiabank Hits New High as TSX Rebounds on Financials Rally
Bank of Nova Scotia surged to a 52-week high, closing up 1.24% at C$115.27, as the TSX rebounded 1.5% on financial sector strength and strong trading volume.
Markets
Goldman Sachs Surge Lifts Dow to Record High Amid Financial Sector Rotation
Goldman Sachs shares surged 4.6% to $1,095.89, pushing the Dow to a record high as financial stocks rallied. The bank's lead underwriting of SpaceX's $75B IPO and solid Q1 results boosted sentiment.
Markets
Dow Surges as Rotation Out of AI Lifts Healthcare and Financials
The Dow rallied over 700 points as money flowed into healthcare and financials, while AI and chip stocks slumped. Oil dropped nearly 3% ahead of the jobs report.
Markets
Sadot Group Stock Surges 106% on Anira Acquisition, But Financial Troubles Loom
Sadot Group shares soared 105.79% to $6.75 after acquiring Anira Consulting, but investors eye a 5.17% pre-market pullback amid zero Q1 sales and debt concerns.
Markets
Sumitomo Mitsui Financial Group: 7x Surge in 5 Years—Still a Buy?
Sumitomo Mitsui Financial Group (TSE:8316) has surged 7-fold in five years. Despite trailing peers, valuation models suggest 36.5% upside.
Markets
Ally Financial Targets Gen Z with Branchless Banking Campaign
Ally Financial's new 'Life Today' campaign targets Gen Z and millennials with a branchless model, adding 74,000 net new deposit customers last quarter.
Markets
Lloyds, SpaceX IPO, and Market Divergence Lead Today's Financial News
Lloyds Banking Group shares have risen 22% in the past year, showcasing strong dividend power. SpaceX files for a landmark IPO, while market divergence highlights tech optimism versus inflation concerns.
Markets
Bank of America rises as financial stocks gain momentum
Bank of America (BAC) shares rose 1% to $51.19 Wednesday as financial stocks rallied and bond yields eased. The bank reported Q1 revenue of $30.3 billion and net income of $8.6 billion.
Markets
Co-Diagnostics Stock Skyrockets on Ebola Test Strategy, But Financial Concerns Loom
Co-Diagnostics shares jumped 51% on news of an Ebola assay strategy, but the test awaits regulatory approval and the company faces financial stability concerns.
Markets
Hanmi Financial Stock Declines as Dividend Date Approaches and Regional Banks Retreat
Hanmi Financial shares declined 4.2% last week, more than the broader regional bank index, as rising bond yields and inflation worries pressured the sector. The company's $0.28 dividend is set for payment on May 20.
Markets
SB Financial Ends Week Lower Amid Dividend Date and Manulife Stake Filing
SB Financial Group (SBFG) shares fell 2.8% Friday to $21.26, down 4.6% for the week. Manulife disclosed a 7.47% stake, and the next $0.16 dividend is payable May 29.
Markets
Anthropic Unveils AI Agent Templates for Financial Sector Automation
Anthropic released 10 prebuilt AI agent templates for banks and insurers, automating pitchbooks, KYC, and accounting. FIS partners on AML agents; BMO and Amalgamated Bank pilot.
Technology
Sadot Group Stock Surges 99% After Nasdaq Compliance Resolution, but Financial Woes Persist
Sadot Group shares surged 99% after Nasdaq resolved a filing compliance issue, but the annual report shows a 65% revenue decline, $93.4M net loss, and a going concern warning.
Earnings
Canada Targets Crypto ATMs and Establishes Federal Financial Crimes Agency
Canada plans to ban cryptocurrency ATMs and establish a new Financial Crimes Agency with police powers, citing over C$704 million in fraud losses in 2025.
Regulation
Opendoor Shares Gain Ahead of Q1 Report and Interactive Financial Event
Opendoor Technologies shares advanced Wednesday, extending an April rally ahead of its first-quarter report. The company will host a live video 'Financial Open House' for shareholders on May 7 instead of a traditional earnings call.
Earnings
Magnolia Oil & Gas Undervalued Despite Rally; BP, Regions Financial in Focus
Magnolia Oil & Gas stock appears deeply undervalued based on a DCF model, even after a strong year-to-date rally. Meanwhile, BP's valuation dips on recent share price weakness.
Markets
Dow Surges on Diplomatic Hopes, Energy and Financials Lead Rebound
The Dow Jones Industrial Average rallied over 300 points Monday, recovering some of last week's steep losses, after President Trump said the U.S. was in talks to end the Iran conflict. Energy and financial stocks led the advance.
Markets