SoFi’s financial services business is gaining momentum even as interest rates move in a direction the company didn’t anticipate, according to the company’s third-quarter earnings call Tuesday (Oct. 27). The digital finance company added a record number of members and products in the third quarter, helping drive revenue up 44% and giving management enough confidence […] The post SoFi Grows…
Millennium Management is exploring ways to use prediction markets to inform its trading strategies, joining a growing roster of Wall Street firms dipping their toes into the space.
The Reserve Bank is expected to raise the official cash rate by 25 basis points to 3.0 percent, the third consecutive rate rise and the highest OCR level in a year.
President Donald Trump has threatened to double tariffs on Canadian vehicles and parts from 25% to 50% if a trade deal is not reached between the two countries.
Two Sigma Investments is considering selling a minority stake to an external investor in a bid to resolve a longstanding governance dispute between co-founders John Overdeck and David Siegel…