A slew of analyst initiations on Circle today as mostly are bullish of many raising some concerns over its valuation. Remember, it's up 500% from its IPO earlier this month. But my next guest is in the bull camp.He initiated with a 230 price target. It's $50 higher from here. Says it's a mustold for investors.Let's bring in Bernstein's Gotham Chagani. I don't know Gotham if you caught that Vlad Tenn interview we just had either because this all kind of goes back to the future of the crypto ecosystem. Welcom ...

Thomas (Tom) Lee, the Founder of Fundstrat and CIO of Fundstrat Capital, will become Chairman of the Board of Directors effective today. Proceeds from the private placement enable the Company to adopt Ethereum (ETH) as its primary treasury reserve asset, while continuing its focus on the core business operations. ETH is the native layer of the Ethereum blockchain. A differentiating feature of Ethereum is the enabling of smart contracts and the majority of stablecoin payments, tokenized assets, and decentral ...

(三)建设金融强国要为经济社会发展提供高质量金融服务。《文选》刊登的习近平总书记在2023年中央 金融工作会议上关于为经济社会发展提供高质量金融服务的讲话中强调，为了提供高质量金融服务，金 融系统要着力做好科技金融、绿色金融、普惠金融、养老金融、数字金融"五篇大文章"。建设金融强国 重在推动高质量金融服务，促进经济结构调整和转型升级。通过金融资源的精准配置，引导资金流向战 略性新兴产业、先进制造业、绿色经济等领域，推动发展新质生产力，推动产业结构优化升级，培育新 的经济增长点。高质量金融服务重在服务民生。帮助小微企业、农民等解决融资难、融资贵问题，促进 社会公平与包容发展。在养老、医疗、教育等领域能够有效满足人民美好生活需要的金融需求。 建设金融强国必须具备核心金融要素 (一)打造全球高效率金融市场，培育具有国际竞争力的金融机构。金融市场与金融机构都是建设金融强 国的核心金融要素。发展金融市场重在建设强大的国际金融中心，促进全球资本向国际金融中心集聚， 打造全球资本配置的枢纽。发展金融机构重在提升金融核心竞争力，推动金融机构全球布局，提高国际 金融机构在全球金融体系中的话语权和影响力。《文选》刊登的习近平总书 ...

Industry veteran Diane Morais' experience further strengthens Board's governance efforts RALEIGH, N.C., June 26, 2025 /PRNewswire/ -- Diane ("Di") Morais has been appointed to the board of directors of First Citizens BancShares, Inc. and its subsidiary, First-Citizens Bank & Trust Company ("First Citizens Bank"), effective July 1, 2025. Industry veteran Diane Morais’ experience further strengthens Board’s governance efforts Morais built an accomplished career in financial services with more than 30 yea ...

ICR, LLC Robin Yang Tel: +1 (646) 308-0546 Email: lufax.ir@icrinc SHANGHAI, June 25, 2025 /PRNewswire/ -- Lufax Holding Ltd (NYSE: LU and HKEX: 6623), a leading financial services enabler for small business owners in China, today announced the results of its extraordinary general meeting of shareholders held in Shanghai on June 25, 2025. SOURCE Lufax Holding Ltd At the meeting, the shareholders of Lufax approved, ratified and/or confirmed the following resolutions: 1. To remove PricewaterhouseCoopers and Pr ...

Today, payments giant Viserve launches its own stable coin. Anthony Pompiano plans to take a Bitcoin treasury public by a spa. And Pete Narian of RW3 Ventures breaks down the crypto market's reaction to the US strikes on Iran.Welcome to CNBC's Crypto World. I'm Mackenzie Seagalos. Digital currencies are recovering from a weekend selloff driven by those US strikes on Iran.Now, Bitcoin fell to $98,000 after President Trump announced the targeted strikes on Iranian nuclear sites Saturday, but as of noon Easter ...

[Applause] Hello everyone. Excited to be here after all these great speakers. So, I don't know if I'm going to live up to the last two presentations, but I'm definitely going to try something a little bit different.Do I just click click. Okay. So, my topic is very different from the last couple.I'm here to talk about financial inclusion. have spent the last 15 years or so working uh in and out of this field and probably the first thing that comes to mind is oh wow that sounds so boring you know what even is ...

CHARLOTTE, N.C., June 16, 2025 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced it has hired Charles Alston as head of its new Nonprofit Hospitals, Higher Education and Government (HHG) banking team to drive focused growth and deepen client relationships. Charles Alston As part of the Truist Specialized Industries team within the expanded Commercial and Corporate Banking business, HHG serves more than 1,000 clients that includes nonprofit hospitals, colleges and universities, an ...

Core Insights - MercadoLibre's fintech arm, Mercado Pago, is crucial for the company's growth, achieving $1.49 billion in fintech revenues in Q1 2025, which is 34.4% of total revenues and represents a 43% year-over-year increase [1] - The company is experiencing strong user growth, with 64 million monthly active users (MAUs) in Q1 2025, a 31% increase year-over-year, driven by improved product offerings and user experience [4] Fintech Growth and User Engagement - Consistent improvements in Net Promoter Score (NPS) in Brazil and Mexico indicate a strong value proposition, with expectations for continued growth in product adoption and user engagement [2] - The expansion of digital accounts and high-yield deposits is enhancing product adoption, particularly in Brazil, Mexico, and Chile, where user growth exceeds the overall average [3][9] Competitive Landscape - MercadoLibre faces competition from other fintech players in Latin America, such as Nu and StoneCo, which are also showing significant user growth and engagement [5][6] - Nu reported nearly 100 million MAUs in Q1 2025, while StoneCo had 4.3 million active clients in its payments segment, with 38% of clients using multiple solutions [5][6] Stock Performance and Valuation - MELI shares have increased by 39.6% year-to-date, outperforming the Zacks Internet – Commerce industry and the Zacks Retail-Wholesale sector [7] - The stock is currently trading at a forward Price/Sales ratio of 3.91X, compared to the industry's 1.98X, indicating a higher valuation [11] Earnings Estimates - The Zacks Consensus Estimate for MELI's Q2 2025 earnings is $12.01 per share, reflecting a 14.60% year-over-year growth, with the 2025 earnings estimate at $48.38 per share, indicating a 28.36% year-over-year growth [13]

SoFi (SOFI) 2025 Conference June 10, 2025 11:15 AM ET Speaker0 Okay. Good afternoon, everyone. Thank you for coming to our technology conference, the Museo Technology Conference. I have the pleasure of hosting Chris my friend Chris Lapointe today, CFO of SoFi. Thank you. Thank you having me, Dan. Of course. Give you a little background. Chris joined from Uber Technologies where he was global head of FP and A, corporate finance and fintech prior to Uber. Chris was VP of TNT Investment Banking at Goldman Sach ...