Klarna ( KLAR ) said on Thursday that it has secured a €900M ($900M) financing facility in Germany to expand its consumer financing products, marking its first forward flow and warehouse financing agreement in the country. The two-year facility covers German Fair Financing term loans, allowing Klarna to sell existing loan portfolios and add newly originated loans on a rolling basis. The facility p...
Klarna ( KLAR ) said on Thursday that it has secured a €900M ($900M) financing facility in Germany to expand its consumer financing products, marking its first forward flow and warehouse financing agreement in the country. The two-year facility covers German Fair Financing term loans, allowing Klarna to sell existing loan portfolios and add newly originated loans on a rolling basis. The facility provides off-balance-sheet funding, while Klarna will continue handling customer-facing activities, including loan underwriting and servicing. The company expects the program to support the origination of up to €5B in German Fair Financing loans over the facility’s remaining term as new loans replace repaid balances. More on Klarna Klarna: Valuation Gap Should Close As Profitability Improves Klarna: GMV Acceleration Is A Fantastic Signal Klarna Group plc (KLAR) Q1 2026 Earnings Call Transcript Flix and Klarna expand fintech partnership across 21 global travel markets Klarna applies for FDIC-insured Utah bank charter to expand U.S. banking
A Florida based capital group and SGTM to pursue master license, production scale-up, and multi-year purchase agreement under a signed letter of intent. ASTATULA, FL / ACCESS Newswire / July 9, 2026 / The global market for high-quality carbon credits ...
A Florida based capital group and SGTM to pursue master license, production scale-up, and multi-year purchase agreement under a signed letter of intent. ASTATULA, FL / ACCESS Newswire / July 9, 2026 / The global market for high-quality carbon credits ...
This week the US Space Force brought two more companies into the pool of bidders eligible to compete for its launch contracts—Impulse Space and Relativity Space. For a rocket company, cracking into the lucrative US military launch market is both a sign of maturity, as well as an important source of revenue. The inclusion of Relativity Space, which is making credible progress toward the launch of i...
This week the US Space Force brought two more companies into the pool of bidders eligible to compete for its launch contracts—Impulse Space and Relativity Space. For a rocket company, cracking into the lucrative US military launch market is both a sign of maturity, as well as an important source of revenue. The inclusion of Relativity Space, which is making credible progress toward the launch of its heavy-lift Terran R rocket, is perhaps not a huge surprise. Under the leadership of former Google chief executive Eric Schmidt, the company has continued to work toward bringing the partly reusable rocket to the launch pad. The addition of Impulse Space, however, was something of a surprise. The company specializes in building spacecraft for in-space operations, rather than launching from Earth. Read full article Comments
It’s been an unforgiving past week for the iShares Semiconductor ETF (NASDAQ:SOXX), down just over 8%, even with the 3.6% bounce on Wednesday. Meanwhile, shares of Nvidia (NASDAQ:NVDA) are up close to 6%, a stark contrast to the action we’ve seen in the semis of late. In many ways, it feels like Nvidia trades more ... Why NVIDIA Might Be Immune to the Semiconductor Sell-Off
It’s been an unforgiving past week for the iShares Semiconductor ETF (NASDAQ:SOXX), down just over 8%, even with the 3.6% bounce on Wednesday. Meanwhile, shares of Nvidia (NASDAQ:NVDA) are up close to 6%, a stark contrast to the action we’ve seen in the semis of late. In many ways, it feels like Nvidia trades more ... Why NVIDIA Might Be Immune to the Semiconductor Sell-Off
Micron Technology Inc. said it’s raising its planned spending on new plants in the US to $250 billion to help meet unprecedented demand for its memory chips fueled by the rapid expansion of artificial intelligence infrastructure. The funds would add $50 billion to a previously announced commitment of $200 billion toward expanding domestic chipmaking that includes projects in New York, Idaho and Vi...
Micron Technology Inc. said it’s raising its planned spending on new plants in the US to $250 billion to help meet unprecedented demand for its memory chips fueled by the rapid expansion of artificial intelligence infrastructure. The funds would add $50 billion to a previously announced commitment of $200 billion toward expanding domestic chipmaking that includes projects in New York, Idaho and Virginia, the company said Thursday. The spending is expected to carry through 2035, the company said. Micron added in a separate statement that it will put $3 billion toward securing domestic supply chains for semiconductors, including a $500 million in strategic financing for GlobalWafers Co., a Taiwanese silicon wafer supplier. The two companies have entered into a 10—year agreement that will give Micron access to “significant raw silicon wafer capacity to support its long-term manufacturing plans and bolster the critical semiconductor manufacturing ecosystem in the United States,” according to the statement. “Micron’s strategic investment in the US semiconductor ecosystem and GlobalWafers’ raw silicon wafer manufacturing facility reflects our commitment to strengthening supply assurance, deepening collaboration with key suppliers, and supporting the expansion of the semiconductor supply chain and manufacturing infrastructure in the United States” Ben Tessone, Micron’s senior vice president and chief procurement officer, said in the statement. Shares of Micron were up 6.5% in premarket trading in New York. Micron and other makers of memory chips including rivals Samsung Electronics Co. and SK Hynix Inc. have lined up hundreds of billions of dollars in spending over the next several years to expand capacity to satisfy the needs from the AI boom. The two South-Korea-based chipmakers last week unveiled plans to together spend up to $880 billion on projects including new fabs. The US government has been focused on building out semiconductor manufacturing capabilities in the co...
Measures would make it easier for victims to seek compensation, with companies such as Bolt and Lime held responsible for damage Victims hit by rental e-scooters on German streets will have an easier time gaining compensation from their operators under legislation due to pass parliament that would put the vehicles on a similar legal footing to cars. The draft law by the right-left coalition govern...
Measures would make it easier for victims to seek compensation, with companies such as Bolt and Lime held responsible for damage Victims hit by rental e-scooters on German streets will have an easier time gaining compensation from their operators under legislation due to pass parliament that would put the vehicles on a similar legal footing to cars. The draft law by the right-left coalition government, which has been welcomed by consumer rights advocates, says that given the rapid rise in the use of e-scooters in recent years coupled with high accident rates, rental operators such as Lime and Bolt should be held liable. Continue reading...