Tech’s reality check: How the industry lost $7.4 trillion in one year

Pedestrians walk past the NASDAQ MarketSite in New York’s Times Square. Eric Thayer | Reuters It…

Stocks making the biggest moves midday: Disney, Meta Platforms, Lucid Motors, Roblox and more

Disney World celebrated its 50th anniversary in April 2022. Aaronp/bauer-griffin | Gc Images | Getty Images…

Stocks making the biggest moves premarket: Tesla, Meta, DR Horton and more

Check out the companies making headlines before the bell: Tesla (TSLA) – SEC filings show CEO…

Amazon debuts home insurance store in the UK in latest move into finance

The Amazon logo displayed on a smartphone and a PC screen. Pavlo Gonchar | LightRocket via…

Stocks making the biggest moves midday: Netflix, Adobe, Wynn Resorts, Humana and more

Adobe Systems world headquarters in downtown San Jose, Calif. Lisa Werner | Moment Mobile | Getty…

Fintech firm Klarna’s losses triple after aggressive U.S. expansion and mass layoffs

The logo of Swedish payment provider Klarna. Thomas Trutschel | Photothek | Getty Images Klarna on…

Stocks making the biggest moves midday: Affirm, Electronic Arts, Dell, Seagen and more

Electronic Arts (EA) signage is displayed on the back of a chair at the company’s campus…

Stocks making the biggest moves premarket: Electronic Arts, Gap, Ulta Beauty and more

Check out the companies making headlines before the bell: Electronic Arts (EA) – The video game…

Stocks making the biggest moves after hours: Ulta Beauty, Gap, Affirm, Marvell Technology and more

Pedestrians walk past a Gap Inc. store in Shanghai, China. Qilai Shen | Bloomberg | Getty…

Goldman-backed digital bank Starling reports its first annual profit as other fintechs stumble

The Starling Bank banking app on a smartphone. Adrian Dennis | AFP via Getty Images British…

Klarna valuation plunges 85% to $6.7 billion as ‘buy now, pay later’ hype fades

Currently, most buy now, pay later services don’t impact a person’s credit score. That’s now set…

Here’s what’s hot — and what’s not — in fintech right now

There has been something of a rotation out of certain pockets of fintech that were hyped…

As Klarna and Affirm falter, a new breed of ‘buy now, pay later’ startups are stealing the spotlight

Klarna is in talks to raise funds at a sharp discount to its last valuation, according…

‘Buy now, pay later’ firms were already in trouble. Apple just gave them one more thing to worry about

Apple Pay Later will let users pay for things over four equal installments. Jakub Porzycki |…

‘The mood is very grim’: Once-hot fintech sector faces IPO delays and consolidation

Investment in fintech is slowing as worries around rising inflation and the prospect of higher interest…

Stocks making the biggest moves midday: DocuSign, Campbell, Moderna and more

The Docusign Inc. website on a laptop computer arranged in Dobbs Ferry, New York, U.S., on…

Affirm shares are set to drop another 40% as rates rise and economic growth slows, Wedbush says

Now is not the time to buy into buy now, pay later company Affirm , according…

Stocks making the biggest moves in the premarket: Target, J.M. Smucker, Kohl’s and more

Take a look at some of the biggest movers in the premarket: Target (TGT) – Target…