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Loop Capital sees more monetization opportunities ahead for Reddit even as the stock trades at an attractive valuation. The investment firm reiterated its buy rating on the social media platform and lifted its price target to $260 from $225. This price forecast implies 83% upside. Shares of Reddit have slipped 11% over the past 12 months and are down 38% on the year. Loop Capital analyst Rob Sanderson said that the stock has been unfairly caught up in the broad-based sell-off sweeping software stocks, presenting an asymmetric upside opportunity. RDDT 1Y mountain RDDT 1Y chart “We see the stock pullback…

CUBE, a global provider of Automated Regulatory Intelligence (ARI) and Regulatory Change Management (RCM), has acquired 4CRisk.ai (4CRisk). The Silicon Valley-headquartered RegTech business utilises an agentic AI platform to deliver policy and procedure mapping directly to regulatory obligations, controls, and risks.The power of agentic AI in complianceFounded in 2019, 4CRisk has developed a sophisticated, purpose-built compliance and risk platform. It works by analysing and breaking down corporate policies and procedures, mapping them to relevant regulations at all levels of granularity.The technology achieves this through proprietary Specialised Language Models (SLMs), which are trained on authoritative regulatory compliance and risk sources. Paired…

Ministers have called in Tony Blair’s thinktank and private tech companies to guide them on deploying AI across the UK government in a move campaigners compared to “inviting in foxes to consult on the future of the henhouse”.James Murray, chief secretary to the Treasury, chaired a meeting on Wednesday with the director of AI at the Tony Blair Institute for Global Change (TBI), the chair of IBM and senior executives at AI companies including Faculty AI, now part of Accenture, and Dex Hunter-Torricke, a former communications adviser at Google, Facebook and Elon Musk’s Space X.“These people are exactly who can…

A Lowe’s store in Concord, California, US, on Monday, Nov. 17, 2025. David Paul Morris | Bloomberg | Getty ImagesLowe’s topped Wall Street’s quarterly revenue and earnings expectations and posted more than 10% sales growth year over year on Wednesday even as the home improvement market’s struggles showed few signs of ending.In an interview with CNBC, CEO Marvin Ellison said the home improvement retailer is “still dealing with a housing market that does not have a lot of tailwind.” A mix of higher inflation, economic uncertainty and elevated mortgage rates have created a “lock-in effect” for U.S. consumers who are…

Crews are making progress of the demolition of the Wallace State Office Building, formerly home to the Iowa Department of Agriculture and Iowa Department of Natural Resources. Photo by Duane Tinkey As demolition of the state’s Wallace Office Building nears completion, the Business Record took a closer look to learn more about the project to raze the iconic building that was easily recognized by its mirrored glass. We wondered what happened to the state workers who called the building home since it was constructed in 1978, and about the future of the site. The Business Record reached out to the…

Crews are making progress of the demolition of the Wallace State Office Building, formerly home to the Iowa Department of Agriculture and Iowa Department of Natural Resources. Photo by Duane Tinkey As demolition of the state’s Wallace Office Building nears completion, the Business Record took a closer look to learn more about the project to raze the iconic building that was easily recognized by its mirrored glass. We wondered what happened to the state workers who called the building home since it was constructed in 1978, and about the future of the site. The Business Record reached out to the…

Strengthening Families & Communities LLC grew its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 3,196.9% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 52,256 shares of the e-commerce giant’s stock after acquiring an additional 50,671 shares during the quarter. Amazon.com comprises approximately 2.5% of Strengthening Families & Communities LLC’s investment portfolio, making the stock its 4th biggest position. Strengthening Families & Communities LLC’s holdings in Amazon.com were worth $11,411,000 at the end of the most recent reporting period. Other institutional investors have also modified their holdings of the company.…

WebN Group, the blockchain and Web3 incubator backed by billionaire Alan Howard, is closing its doors after seeding a clutch of digital infrastructure startups over the past several years, according to a person familiar with the matter.Most recently, the venture studio backed tokenization specialist Libre (now called KAIO), crypto staking shop Twinstake, blockchain infrastructure firm TruFin and zero-knowledge proofs startup Geometry.In addition to Howard, WebN also received an undisclosed investment from Japanese bank Nomura’s crypto partnership, Laser Digital, back in 2023.The incubator was described as having “successfully completed its mission” the person said. Some of the staff who worked at…

Market strategists were weighing in on President Donald Trump’s State of the Union address late Tuesday and coming away with some important implications for the U.S. dollar.

Free NewsletterGet the hottest Fintech Singapore News once a month in your InboxCheckout.com processed over US$300 billion in payments in 2025 and swung back to full-year EBITDA profitability.Total payment volume rose 64 percent year on year, while net revenue grew more than 30 percent for the second straight year. Adjusted EBITDA margin exceeded 10 percent.The company now serves more than 1,000 enterprise merchants, including Uber, eBay, Spotify, Temu, Pinterest, HelloFresh, ASOS and Vinted.Sixty-three merchants process more than US$1 billion annually on its platform, up from 39 a year earlier.Guillaume PousazGuillaume Pousaz, CEO and Founder of Checkout.com, said,“Our return to profitability…