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#Fintech

Exploring how financial technology reshapes banking, payments, digital assets, and the user experience of money in the modern economy.

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Stocks Fall as Iran's New Supreme Leader Vows to Keep Strait of Hormuz Closed
#Fintech

Stocks Fall as Iran's New Supreme Leader Vows to Keep Strait of Hormuz Closed

Global markets tumbled Thursday as Iran's newly appointed supreme leader Mojtaba Khamenei vowed to keep the Strait of Hormuz closed indefinitely, sending oil prices above $95 a barrel and pushing US stocks down more than 1%. The Dow lost over 500 points while the S&P 500 extended its losing streak to three days. With roughly a fifth of the world's oil supply flowing through the waterway, analysts are calling it the largest supply disruption in oil market history.

March 12, 2026 →

More with #Fintech

Nvidia and UK Wealth Fund Throw Weight Behind British Self-Driving Pioneer Oxa
#Fintech

Nvidia and UK Wealth Fund Throw Weight Behind British Self-Driving Pioneer Oxa

Nvidia has teamed up with the UK's National Wealth Fund to invest $103 million in British autonomous driving startup Oxa. The Oxford-based company, which develops software for self-driving industrial vehicles in ports and factories, has pivoted away from the complex passenger car market to focus on automating repetitive goods movement—a shift that co-founder Paul Newman says makes the "economics...cracking."

Mar 4, 2026 →