Every once in a while, a secular trend is so obvious that everyone can see it, and that is the case with AI. Drones are another important secular trend that we believe will benefit many areas of the economy. Robots used to be the province of science fiction movies, but today they are an integral and rapidly expanding area of the economy.
California-based StepStone Group initiated a position in Chime Financial during the third quarter, buying 150,000 shares for an estimated $3 million. The new position represents 1.4% of 13F reportable assets under management.
Costco Wholesale Corp (NASDAQ:COST) stock is 1.7% lower to trade at $869.90 at last glance, despite the warehouse club retailer reporting an earnings and revenue beat for the fiscal first quarter.
SAN FRANCISCO--(BUSINESS WIRE)--Chime® (Nasdaq: CHYM), a leading consumer financial technology company, today announced three promotions within its executive leadership team. Effective immediately, Mark Troughton has been promoted to the role of President, Janelle Sallenave to Chief Operating Officer, and Vineet Mehra to Chief Growth Officer. These leaders have been key drivers of Chime's missi...
Chime Financial (CHYM) offers a simple, high-margin neobank model, with rapid user growth and improving unit economics, despite recent stock under-performance. CHYM's Q3 results showed 21% YoY member growth, reduced CAC, rising LTV, and positive EBITDA, signaling strong scaling potential and margin expansion ahead. The valuation is compelling: CHYM trades at just 1.4x sales, a steep discount to...
SAN ANTONIO--(BUSINESS WIRE)--Heidi, a fast-growing healthcare AI company, is thrilled to announce its selection as the College of Health information Management Executives (CHIME)'s 2025 Foundation Partner of the Year. The award was presented to Heidi at this week's CHIME25 Fall Forum in San Antonio Texas, where about 800 digital health leaders gathered to discuss the future of innovation in he...
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