The Daily

Barclays has agreed to buy U.S. fintech Best Egg for $800 million in a deal that gives the bank a ready-made digital platform for personal loans and a pipeline of assets it can package and sell to investors

“The deep and sophisticated U.S.

 » Read more about: Barclays’ $800 Million Fintech Gamble Marks A Pivot From Wall Street To Main Street  »

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Soybean prices reached a 15-month high Tuesday as the commodity, which makes up the U.S.’ largest agricultural export, is embroiled in the trade war between the U.S. and China that’s affecting American farmers.

 » Read more about: Soybean Prices Reach 15-Month High Tuesday Amid US Trade Negotiations With China  »

A vote of confidence from AI chipmaker Nvidia sent shares of another tech company soaring Tuesday.

 » Read more about: Nvidia Says It's Adding This Tech Company to Its Investment Portfolio. The Stocks Are Surging.  »

Cathie Wood’s investment manager Ark Invest bought $30.9 million worth of shares in Jack Dorsey’s fintech company Block Inc (XYZ) on Monday.

Ark added a total of 385,585 XYZ shares across three of its exchange-traded funds (ETFs): Innovation (ARKK), Next Generation Internet (ARKW) and Fintech Innovation (ARKF), according to an emailed disclosure on Tuesday.

 » Read more about: Cathie Wood's Ark Invest Adds $30.9M of Shares in Jack Dorsey's Block  »

Investor Cathie Wood said the U.S. economy may be in for a “shudder” as it adjusts from an environment of decreasing interest rates to one where interest rates are rising.

Wood, the CEO of ARK Invest, said sometime in the next year there will be a shift toward rising interest rates,

 » Read more about: Investor Cathie Wood predicts a ‘shudder’ in Big Tech valuations, saying higher rates may test investor faith  »

ETF offerings linked to lesser-known altcoins continue to arrive as issuers look to seize a first-to-market advantage.

 » Read more about: New crypto ETFs launch in crowded field despite SEC shutdown  »

The first U.S. spot exchange-traded funds (ETFs) for Solana (SOL), Hedera (HBAR) and Litecoin (LTC) began trading Tuesday, opening a new door for investors seeking regulated exposure to crypto assets beyond bitcoin and ether.

If early momentum holds, Solana’s ETF alone could pull in over $3 billion in the first 12 to 18 months,

 » Read more about: Solana ETFs Could Draw Over $3B If Bitcoin, Ether ETF Trends Repeat  »

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When a Reddit user recently revealed that her partner’s grandmother had collected Social Security benefits for four years after her husband’s death — without notifying the Social Security Administration — the post sparked heated responses.

 » Read more about: Grandma Collected Social Security Improperly For Years — Granddaughter-In-law Gets Heat For Reporting Her  »

US stocks on Tuesday jumped to record highs yet again as investors cheered a particularly strong round of earnings.

The Dow Jones Industrial Average soared over 300 points, or 0.6%, while the tech-heavy Nasdaq rose 0.6%, too. At its high, the Dow jumped 0.8%.

The S&P 500 ticked up 0.1% after hitting a fresh all-time intraday high earlier in the session.

 » Read more about: Dow jumps 300 points on strong round of corporate earnings  »

 » Read more about: The Smartest Energy Stock to Buy With $50 Right Now  »