They sit around a table slurping and spitting out coffee. And they’re one of the most indispensable—and endangered—species on Wall Street. https://t.co/TOsDf5sAQX ...

Rakuten Wallet integrates $XRP for 44 million Japanese usersJapanese giant Rakuten Wallet has officially launched $XRP as both a listed asset and a payment method across its massive ecosystem.The integration allows 44 million users to purchase $XRP using loyalty points and spend the digital asset at over 5 million merchants nationwide.With more than $23 billion in loyalty points currently in circulation, this move bridges high-volume retail rewards with everyday commerce. ...

OpenAI has bought AI personal finance startup Hiro https://t.co/Tslm5Ii5In ...

Uh most of my friends that are post-grad, I have a lot of friends living in New York, they have great jobs in finance on Wall Street and they can't even survive off of the one salary. And so they're picking up dog walking shifts, they're picking up bartending shifts just to make ends meet. And so I start with that and like, you know, listen, if you if you just adopt this mindset that I can't keep giving my cash to this greedy machine.I need to put it in something else that's actually going to preserve your ...

🚨 CRYPTO: STANDARD CHARTERED PLANS TO FOLD ZODIA CUSTODY INTO ITS DIGITAL ASSETS DIVISIONStandard Chartered (@StanChart) is looking to fully acquire and merge its majority-owned crypto custody subsidiary @ZodiaCustody into the bank's corporate digital asset operations. The restructuring could come as soon as this month.Under the plan, overlapping custody operations would be consolidated while Zodia Custody continues as a standalone software-as-a-service platform for crypto custody.The move is part of a broa ...

RT Anthony Pompliano 🌪 (@APompliano)There is a supersonic tsunami of AI coming to the finance industry.$BRR wants to be the pioneer.I joined CNBC to talk about the launch of our new agentic research offering that wants to help independent investors make money.Subscribe here: https://t.co/hhrfSs9RZm https://t.co/fT6P89eE86 ...

Today we are launching the first agentic research shop: ProCap InsightsAI agents are very good at finding hidden insights in financial markets, but the tech can now produce research reports faster and cheaper than humans too.We fundamentally believe the machines are smarter than the humans.You can subscribe here: https://t.co/ZPn8rTjHOwOur goal is to build an agentic finance firm. Currently we have a popular consumer finance product, plus this research offering.At $BRR, we will continue to eat the full stac ...

MS, Karen finerman, she's the CEO and co founder of hedge fund metropolitan Capital Advisors and a mainstay on CNBC Fast Money breaking down markets in real time. Raised in Los Angeles by an orthopedic surgeon father, and in her words, a tiger mom who expected success, she set her sights early on Wharton, then Wall Street. By her mid 20s, she co founded a hedge fund, going on to succeed in a male dominated industry, and had two sets of twins.Today, she's using her platform to change how women think about mo ...

Cash App officially becomes first major U.S. finance app to allow customers to convert peer-to-peer Bitcoin blockchain money transfers into installment plans. https://t.co/5RsKJrWQKw ...

Core Insights - Trinity Place Holdings Inc. reported its fourth quarter and full year financial results for 2025, highlighting a significant operating loss and changes in its financial structure [1][19]. Company Overview - The company is an intellectual property holding and commercialization entity, focusing on consumer sector assets inherited from its predecessor, Syms Corp. Its strategy includes monetizing these assets through brand licensing and e-commerce initiatives [2]. Financial Performance - Total revenues for the year ended December 31, 2025, were $3.5 million, a decrease from $4.0 million in 2024 [19]. - The company reported an operating loss of $1.7 million for the year, compared to a loss of $5.0 million in the previous year [21]. - The net loss for the year was $4.8 million, a significant decline from a net income of $5.6 million in 2024 [23]. Debt and Financing - The company issued a Senior Secured Promissory Note to Steel Connect, LLC, allowing it to borrow up to $5.0 million, with $1.3 million outstanding as of December 31, 2025 [3]. - A management services agreement with Steel Services Ltd. was established, costing the company $10,000 monthly for managerial support [4]. Pension and Settlement - A non-cash pre-tax settlement charge of $2.6 million was recognized due to the termination of a legacy pension plan, with cash proceeds of approximately $0.9 million received from the reversion of pension plan assets [5]. Stock Repurchases - The company repurchased 1,100,000 shares of common stock for a total of $44,000 and an additional 200,000 shares for $8,000 during the year [6][8]. Tax Losses - As of December 31, 2025, the company had federal net operating losses (NOLs) of approximately $329.5 million, with state NOLs of about $337.4 million [9][10]. - A valuation allowance of $91.6 million was recorded, indicating that it is unlikely the deferred tax assets will be realized [10]. Cash Flow - The company reported a net cash used in operating activities of $1.4 million for the year, compared to $7.9 million in the previous year [30]. - Cash and cash equivalents at the end of the period were $216,000, down from $403,000 at the beginning of the year [34].