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The Federal Deposit Insurance Corporation (FDIC) just announced the second bank failure of 2025.
Regulators say The Santa Anna National Bank has been shut down – and foul play at the small Texas lender is suspected.
The FDIC has not disclosed the nature of the suspected fraud, and the agency is not sure whether customers with uninsured deposits will be reimbursed.
“Once further information is...
The managing director of the financial services firm Wedbush Securities is expecting solid gains from tech stocks in the second half of the year.
During an interview on Bloomberg’s The Close, Dan Ives says the stocks of the technology titans Nvidia and Microsoft will provide significant returns later this year as artificial intelligence (AI) continues to gain momentum.
“This is just starting...
Morgan Stanley chief investment officer Mike Wilson is reportedly predicting that US stocks are not done rallying in 2025.
Wilson says in a note to investors that the S...
June 30, 2025 – Zurich, Switzerland
Shheikh.io introduces tokenization platform for real-world luxury assets, including properties in Dubai, Lisbon, Rome and Bali, as well as high-end vehicles and farmland.
SHHEIKH, the world’s first Ethereum-based token powered by AI-driven property intelligence that allows RWA (real-world asset) ownership, today opens its limited period presale.
Shheikh.io,...
Trading app giant Robinhood (HOOD) shares are up 10% today, trading at all-time highs after announcing a big expansion into crypto.
According to a Robinhood announcement, the retail trading app has launched US stock and exchange-traded fund (ETF) tokens in the EU.
The stock tokens will be issued on the Ethereum (ETH) layer-2 blockchain Arbitrum (ARB). Robinhood also announced plans to build its...
A Kentucky-based health care firm says a major cybersecurity incident may have exposed the personal information of more than a hundred thousand Americans.
The latest records from the U.S. Department of Health and Human Services show that Central Kentucky Radiology (CKR) suffered a hacking/IT incident affecting 166,953 Americans.
In a notice, CKR says that an unknown attacker breached the firm’s...
Macro guru Raoul Pal says layer-1 blockchain Sui (SUI) is getting ready for a new phase of outperformance despite its recent consolidation.
On the social media platform X, Pal shares with his 1.2 million followers a chart suggesting that SUI has neared the bottom of a descending channel, and is finding support somewhere near the $2 level.
“For those of you in Sui, these are my chart reads…...
British multi-national bank Barclays and its former CEO will reportedly have to face a lawsuit that alleges they lied about their ties to disgraced financier Jeffrey Epstein.
The bank and its ex-CEO, Jes Staley, allegedly defrauded investors by lying or downplaying their relationship with Epstein as a way to protect Barclays’ reputation and shore up its stock price, Reuters reports.
The class...
Investor Steve Eisman, who took short positions against the housing market leading up to the 2008 crisis, is sounding the alarm over an event that could trigger a collapse in the stock market.
In a new video on his own YouTube channel, Eisman says that he continues to be long-term bullish on the US stock market, noting that the US economy is in the best position to witness growth and innovation...
June 30, 2025 – Palo Alto, United States
New tools expand access to decentralized app creation and engagement.
Pi Network, a utilities-backed Web 3.0 ecosystem with tens of millions of identity-verified users globally, announced product launches and ecosystem upgrades as part of its annual Pi2Day celebration on June 28, 2025.
These updates include an AI-powered app creation platform that...