FINANCE

Apr 29 2026FINANCE

Silicon Motion’s profit jumps as chip demand soars

Silicon Motion’s latest numbers show a big win for the company. In the first three months of 2026, profits reached $1. 58 per share, beating predictions by 28 cents. Sales also climbed to $342 million, smashing estimates by $42 million. That’s a huge 105% jump from the same time last year. What’s d

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Apr 29 2026FINANCE

New crypto rules in the UK: a tough road ahead for small players

Starting in 2027, the UK will enforce stricter rules for crypto businesses, and small firms might find it hard to meet the new standards. Any company that keeps customer money for more than a day or can change what users do must get a full license. This covers not just big exchanges but also smaller

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Apr 29 2026FINANCE

How AI and blockchain are reshaping finance: Key takeaways from global leaders

Abu Dhabi recently hosted a major discussion on AI and blockchain’s role in finance. About 40 top figures from banks like BlackRock, regulators, and tech firms joined forces to explore how these technologies could transform markets. The focus wasn’t just on theory—it was on real challenges. Leaders

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Apr 29 2026FINANCE

Banks Push Risky Bets, Bitcoin Offers a Calmer Way to Grow Money

Many people now see banks as places where money just sits uselessly, earning almost nothing. At the same time, apps that look like they’re helping with investing often feel more like casinos, pushing users to make risky bets just to keep up. This shift didn’t happen overnight—it’s the result of bank

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Apr 28 2026FINANCE

Robinhood’s Crypto Drop Sends Shares Down

The trading app saw its first quarterly profit in a year slip to $346 million, or 38 cents per share, just shy of analysts’ forecast. Revenue hit $1. 07 billion, down from the expected $1. 14 billion, thanks mainly to gains in stocks and options while crypto fees fell sharply. Crypto trading revenu

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Apr 28 2026FINANCE

Robinhood Turns Crypto Loss into Betting Boom

Robinhood’s earnings show a sharp fall in crypto trading income, but other parts of the business are growing. Crypto revenue dropped 47% to $134 million from last year’s $252 million. The company said customers are moving away from crypto to other trading options. Transaction‑based revenue cl

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Apr 28 2026FINANCE

ASE Technology’s Q1 Earnings: What Investors Should Expect

ASE Technology, listed on the ASX, is set to reveal its first‑quarter 2026 results this Wednesday before trading begins. Analysts expect the company to earn $0. 17 per share, a modest figure that reflects the current market environment. Revenue is projected at $5. 24 billion, showing a steep decline

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Apr 28 2026FINANCE

Free $10 to bet on NBA playoffs—here’s how to grab it fast

Tonight’s big Denver vs. Minnesota playoff game isn’t just about basketball—it’s also a chance to get free money. Kalshi, a platform that lets people trade predictions like stocks, is giving new users a $10 bonus if they sign up and place $10 in bets. The catch? You have to move quickly before tip-o

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Apr 28 2026FINANCE

Breathing Room for a Biotech Firm’s Big Plans

A French biotech company just got a two-year break from paying back millions in loans, giving it more cash to push forward on cutting-edge research. The firm, known for developing treatments targeting tough diseases, reached a deal with lenders to delay loan payments totaling around €17. 8 million.

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Apr 28 2026FINANCE

The Fed’s Next Leader: What a Wealthy Insider in High-Tech Bets Could Mean for Your Money

Kevin Warsh isn’t just another pick for Federal Reserve chair – he’s bringing a personal fortune that dwarfs every predecessor combined. His investments aren’t in boring Treasury bonds either; they’re spread across cutting-edge companies like SpaceX, crypto startups, and AI labs. The most eye-catchi

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