Financial Industry News
A collection of Financial latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Apollo says AI has delivered 'zero financial payoff' outside the tech industry
One of the world's largest investment firms says that only tech companies are getting a share of the AI pie. In an economic analysis published on Saturday, Apollo Global Management said that while the Magnificent Seven — a group of…
Pioneering the global green transition: Hong Kong's dual role as innovator and financier
The commencement of the Belt and Road Green Innovation Conference and the 21st Eco Expo Asia this week marks a watershed moment in Hong Kong's sustainable development trajectory. By concurrently hosting these premier environmental forums, the city…
Musk Says SpaceX Closed $40 Billion in GPU Debt Financing
SpaceX CEO Elon Musk said the company closed $40 billion in debt for graphics processing unit purchases, a financing claim that comes as its latest filing shows sharply higher quarterly capital spending. Musk wrote on X on Oct. 25 that SpaceX had…
AI delivers 'zero financial payoff' to most companies, Apollo economist says
AI hasn't benefited the bottom line of any big corporations outside the tech industry, according to a note recently published by the chief economist at Apollo Global Management (the private equity giant that used to own TechCrunch). Apollo's…
Musk warns of AI lending crunch after SpaceX closes $40B GPU financing (SPCX:NASDAQ)
Elon Musk said SpaceX (SPCX) has closed $40 billion in debt financing to purchase graphics processing units, or GPUs, warning that tightening credit markets could trigger widespread failures and consolidation among smaller artificial intelligence…
Finances and house buying while potentially separating
Please or to access all these features Here you'll find divorce help and support from other Mners. For legal advice, you may find Advice Now guides useful. FloppyLemon · Today 11:38 My husband and I have been married 2 years, together for 8.
Robinhood Has Scaled Into A Great Company, But Agentic Finance Has To Earn The Valuation
Steven Fiorillo 43.31K Followers Robinhood delivers strong Q2 results with 32% YoY revenue growth and record net deposits, but valuation remains stretched versus peers. HOOD now operates 13 business lines with over $100M in annualized revenue, with…
UK and Canada Plan Cooperation Framework for Two Defense Finance Institutions
The U.K. and Canada have agreed to develop a cooperation framework for two defense finance institutions to coordinate industrial and investment support, HM Treasury and the Department of Finance Canada said Sunday. The institutions are the…
Doctor Who Tender Update: Report Spotlights BBC Financial Red Flags
Posted in: BBC, TV | Tagged: doctor who Doctor Who Tender Update: A new report paints a rough picture of the BBC's financial situation - and how the worst may still be yet to come. Doctor Who tender update: BBC finances are under new scrutiny as…
Financial Horror Stories, Vol. 5: The All-Monster Edition
In this episode of Motley Fool Rule Breaker Investing, Motley Fool co-founder David Gardner and Motley Fool retirement expert Robert Brokamp tell tales of financial horrors that may be lurking in your own life. Seven financial frights. A haunted…
States force hospitals to offer more financial aid-and it's working in Oregon
Four years ago, Oregon hospitals were under fire from state authorities and patient advocates. Hospitals, critics said, had made it too hard for patients to apply for and receive help paying their bills. Within months, the state enacted a sweeping…
Crude shock, geopolitics drag Nifty below 22,500; Shriram Finance tumbles 5%
Equity benchmarks opened lower on Monday, October 26, 2026, tracking the previous week's losses. The Nifty 50 opened at 22,524.40 against a previous close of 22,600 and slipped to 22,438.70 in early trade, losing 161.30 points or 0.71 per cent. The…
Beacon Financial: 3 Key Takeaways for Long-Term Investors
On its third-quarter 2026 earnings call, held on Oct. 22, 2026, Beacon Financial (BBT +0.40%) announced net income of $61.2 million during a leadership transition to Chief Executive Officer Sean A. Gray. Three things management said stand out.
Primis Financial: 3 Key Takeaways for Long-Term Investors
On its third-quarter 2026 earnings call, held on Oct. 23, 2026, Primis Financial (FRST -4.14%) reported net earnings of $8.7 million as expanding margins and loan repricing drove profitability higher. Controlling funding costs while repricing older…
WSFS Financial (WSFS) Q3 2026 Earnings Call Transcript
Chief Financial Officer - David Burg Chairman, President and Chief Executive Officer - Rodger Levenson Core EPS -- $1.75, representing 25% year-over-year growth compared to the third quarter of 2025. Core ROA -- 1.58%, up 10 basis points from the…
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