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Apple and fintechs like Robinhood chase yield-hungry depositors as Fed fee hikes proceed

With rates of interest rising and regional banks struggling, a number of new entrants have entered the high-yield financial savings account market. Apple jumped into the market final month with a financial savings account that yields greater than 4%, whereas fintechs corresponding to Robinhood and Improve supply merchandise with even larger rates of interest. “It…

Inventory futures rise barely as traders await Fed fee choice: Reside updates

16 minutes in the past Wall Avenue analysts conflicted about Superior Micro Gadgets inventory Superior microdevices have been reported, and income and revenues exceeded the primary quarter. AMD mentioned it expects about $5.3 billion in gross sales for the present quarter, whereas analysts have been anticipating $5.48 billion. However CEO Lisa Su mentioned the corporate…