Search results for Susquehanna
AI & Enterprise
Trump call adds Nvidia CEO to China trip, sends shares up; Wall Street sees 30 percent more gains
Nvidia shares extended a seven-session rally and briefly touched $227 on May 13 after reports that U.S. President Donald Trump added CEO Jensen Huang to a Beijing delegation. The move fuelled renewed expectations for Nvidia’s AI chip business in China. Analysts cited a potential $50 billion China AI market but also noted prior hits from tighter U.S. export licensing. Wall Street raised price targets, while technical and options indicators showed mixed signals ahead of May 20 results.
Crypto
Changpeng Zhao-backed YZi Labs makes additional investment in prediction market startup Predict.fun
Predict.fun, Binance\'s in-app prediction market partner, has received additional investment from YZi Labs, a venture investor backed by Binance founder Changpeng Zhao. The Block reported Susquehanna Crypto also took part in the round. YZi Labs said on X it made a strategic follow-on investment and described Predict.fun as a crypto-native prediction market platform. Zhao has said prediction markets are a key destination for crypto capital and expects the FIFA World Cup to boost activity.
Crypto
Crypto lender BlockFills seeks restructuring after halting withdrawals
Crypto trading and lending firm BlockFills has asked consulting firm BRG for restructuring advice, The Block reported on March 6, citing the Financial Times. BlockFills temporarily halted customer deposits and withdrawals last month, citing \"recent market and financial conditions\". It also faces a lawsuit from client Dominion Capital, which alleges improper use of customer funds. The company has appointed BRG\'s Mark Renzi as chief innovation officer and plans to bring in new capital while strengthening governance and financial controls.
