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Nearly Half Of Gen Z Lives With Their Parents To Save Money — Here's How They're Cutting Costs Everywhere Else
Yahoo Finance· 2025-11-27 21:30
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Almost 50% of Gen Z lives with their parents to save money, according to an Affirm (NASDAQ:AFRM) survey, which was done by Talker Research. Multifamily homes are becoming more normalized, and staying at home is just one of the many ways Gen Z is cutting costs. Gen Z Is Turning To Side Gigs For Extra Cash Almost 40% of Gen Z earns extra income through side gigs and freelance opportunities, based on the Aff ...
Scott Galloway assured Americans they can attain financial success by investing in 'forced savings vehicles'
Yahoo Finance· 2025-11-27 10:27
Mayim Bialik / YouTube Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. Saving money can be hard, even when you know how important it is. But what if there was a simple, hands-off way to set yourself up for financial success? New York University professor and financial expert Scott Galloway once suggested one method: forced savings. Galloway was interviewed by Mayim Bialik of "Big Bang Theory" fame on her podcast "Breakdown" in 2024, and shared some fin ...
Rocket Companies CFO Brian Brown to Present at UBS Global Technology and AI Conference
Prnewswire· 2025-11-26 14:02
Core Insights - Rocket Companies, a Detroit-based fintech platform, will have its CFO Brian Brown participate in a fireside chat at the 2025 UBS Global Technology and AI Conference [1][2]. Company Overview - Founded in 1985, Rocket Companies operates in the mortgage, real estate, and personal finance sectors, with brands including Rocket Mortgage, Redfin, Mr. Cooper, Rocket Homes, Rocket Close, Rocket Money, and Rocket Loans [3]. - The company leverages insights from over 160 million client calls annually and possesses 30 petabytes of data, positioning itself as a leader in AI-driven homeownership solutions [4]. Client Satisfaction - Rocket Mortgage has been recognized by J.D. Power as the top lender in client satisfaction for primary mortgage origination and servicing, achieving this ranking 23 times, the highest among mortgage lenders [4].
Waton Financial Limited Launches TradingWTF, a DePearl™ Powered AI Trading Platform Designed to Reshape How Investors Trade
Globenewswire· 2025-11-26 13:30
Core Insights - Waton Financial Limited has launched "TradingWTF," an investment and trading app that integrates AI capabilities to enhance trading experiences [1][2][3] - The app features an autonomous AI trader that allows users to manage portfolios and replicate institutional-grade trading strategies [2][4] - The launch aligns with the growing demand for automated trading tools and aims to strengthen Waton's competitive position in the financial services industry [3][4] Company Overview - Waton Financial Limited is a holding company based in the British Virgin Islands, primarily operating through subsidiaries in Hong Kong, offering services such as securities brokerage and asset management [5] - The company emphasizes technology and customer-centric solutions to deliver innovative financial services [5] Product Features - TradingWTF utilizes the proprietary DePearl™ multi-agent architecture, enabling AI traders to analyze real-time market data and execute trades efficiently [3] - The app includes a Copy Trade feature that allows users to replicate the strategies of preferred AI traders with minimal friction [2] - Future phases of TradingWTF will introduce subscription models for stock-trend analysis and AI-driven market monitoring, aiming to create scalable recurring revenue streams [4]
Securitize Gets EU Green Light, Plans Tokenized Securities Platform on Avalanche
Yahoo Finance· 2025-11-26 12:55
Core Insights - Securitize has received full regulatory approval to launch a digital trading and settlement system in the EU, positioning itself as the only firm authorized to operate licensed tokenized securities infrastructure in both the EU and the US [1][4]. Group 1: Regulatory Approval and Market Position - The approval was granted with input from multiple regulators, including the Spanish securities authority (CNMV), the European Securities and Markets Authority (ESMA), and the European Central Bank (ECB) [4]. - This regulatory green light allows Securitize to operate a digital system that combines the roles of a trading venue and a securities depository, akin to Nasdaq and DTCC in traditional markets [4]. Group 2: Platform and Technology - Securitize plans to launch a new European platform on the Avalanche (AVAX) network, known for its fast transaction finality and support for purpose-built chains, with the first EU-based issuance expected to go live early next year [2]. - The platform will be used to issue and manage digital versions of traditional financial assets such as equity, debt, and funds under strict regulatory oversight [5]. Group 3: Market Potential and Tokenization - Tokenization is gaining traction among institutions aiming to modernize the issuance, trading, and settlement of securities, with advocates suggesting it could reduce costs, mitigate settlement risk, and facilitate cross-border asset movement [3]. - The market for tokenized assets is projected to reach $18 trillion by 2033 as more assets migrate on-chain, according to BCG and Ripple [3]. Group 4: Future Plans - Securitize has announced plans to go public in the US through a SPAC merger at a valuation of $1.25 billion [5].
Nasdaq AxiomSL Expands RegTech Deployment with Revolut, Accelerating Global Growth
Globenewswire· 2025-11-26 08:00
Core Insights - Nasdaq has expanded its strategic regulatory technology partnership with Revolut, focusing on the deployment of Nasdaq AxiomSL, a platform used by 90% of global systemically important banks (G-SIBs) for regulatory compliance [1][4] - Revolut has consolidated its regulatory reporting infrastructure across Europe, recently integrating workflows in the UK, and aims for scalable compliance with new requirements through this partnership [2][3] - The partnership emphasizes a commitment to responsible innovation and scalable compliance, allowing Revolut to streamline reporting across multiple jurisdictions and maintain data integrity [4][5] Company Overview - Revolut, launched in 2015, has over 65 million customers globally and facilitates more than a billion transactions monthly, offering innovative financial products [7] - Nasdaq serves a wide range of clients, including over 135 market infrastructure providers, 35 central banks, and more than 3,800 clients in the financial services industry, focusing on improving liquidity, transparency, and integrity in global markets [6][8]
Miami International Holdings Announces Sale of MIAXdx to Robinhood Markets in Partnership with Susquehanna International Group
Prnewswire· 2025-11-25 22:20
Core Insights - Miami International Holdings, Inc. (MIAX) has announced an agreement to sell 90% of MIAX Derivatives Exchange (MIAXdx) to Robinhood Markets, Inc. while retaining a 10% stake [1][3] - The transaction aims to provide MIAX with expedited access to growing prediction markets, aligning with its strategy of partnering with industry leaders [3] Company Overview - MIAX operates as a technology-driven leader in regulated financial markets, managing nine exchanges across various asset classes including options, futures, and equities [4] - MIAXdx is recognized as a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO) with regulatory approval from the Commodity Futures Trading Commission (CFTC) [2] Strategic Implications - The partnership with Robinhood is seen as a logical step for MIAX to enhance its offerings in prediction markets, catering to both institutional and retail futures traders [3] - The transaction is expected to close in the first quarter of 2026, pending customary closing conditions and CFTC filings [3]
Jack Henry Leaders to Present at Upcoming Conferences for UBS, Nasdaq
Prnewswire· 2025-11-25 21:15
Core Insights - Jack Henry & Associates, Inc. (Nasdaq: JKHY) is actively participating in upcoming conferences, with replays available on their investor relations website [1][7] - The company is a prominent financial technology provider, serving approximately 7,400 clients and focusing on innovation and user-centric solutions [2] Company Overview - Jack Henry & Associates is an S&P 500 company that enhances connections between financial institutions and their clients, emphasizing openness and collaboration [2] - The company has been providing technology solutions for nearly 50 years, enabling clients to innovate and compete effectively [2] Financial Updates - The Board of Directors has declared a regular quarterly cash dividend of $0.58 per share [6]
This Stock Is Down 44% in 2025 but Legendary Bridgewater Associates Just Bought Nearly 1 Million Shares
Yahoo Finance· 2025-11-25 20:49
Payoneer Global (PAYO) is an international financial technology company specializing in secure cross-border payments, digital money transfers, and global payroll solutions for businesses and entrepreneurs of all sizes. Its multi-currency platform enables users to send and receive funds, manage working capital, pay vendors, and access local accounts in over 150 global currencies across more than 190 countries. Founded in 2005, Payoneer is headquartered in New York City. The company operates worldwide, serv ...
Fiserv, Inc. Class Action – FISV Stockholders Contact Robbins LLP for Information About Leading the Fiserv, Inc. Class Action Lawsuit
Globenewswire· 2025-11-25 20:24
Core Viewpoint - Fiserv, Inc. is facing a class action lawsuit due to allegations of misleading investors regarding its financial growth in 2025, particularly after revising its revenue guidance and subsequently reporting disappointing financial results [1][2][3]. Summary by Sections Company Overview - Fiserv, Inc. is a global payments and financial technology provider based in Milwaukee, Wisconsin [1]. Class Action Details - The class period for the lawsuit is from July 23, 2025, to October 29, 2025 [1]. - The lawsuit was filed on behalf of investors who purchased Fiserv shares during this period [1]. Allegations - In July 2025, Fiserv revised its 2025 guidance, lowering its organic revenue growth expectations due to a review of new initiatives and products [2]. - The company claimed that despite delays in certain initiatives, they were fundamentally sound [2]. - The complaint alleges that these representations were false and misleading [3]. Financial Impact - On October 29, 2025, Fiserv announced disappointing third-quarter results and acknowledged that its July guidance was based on assumptions that were difficult to achieve [3]. - Following this announcement, Fiserv's stock price dropped by $55.57 per share, or 44%, from $126.17 on October 28, 2025, to $70.60 on October 29, 2025 [3]. Next Steps for Shareholders - Shareholders interested in participating in the class action must submit their papers by January 5, 2026 [4]. - Shareholders can choose to remain absent from the case while still being eligible for recovery [4]. Legal Representation - Robbins LLP is leading the class action and operates on a contingency fee basis, meaning shareholders pay no fees or expenses unless they recover losses [5].