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Stocks making the biggest moves midday: Charles Schwab, Didi, Kansas City Southern, Nvidia and more

A pedestrian walks past a Charles Schwab office in New York.Scott Eells | Bloomberg | Getty ImagesCheck out the companies making headlines in midday trading.Charles Schwab — Shares of the online broker dipped over 2% after Goldman Sachs downgraded the stock to neutral from buy. The Wall Street firm

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SoFi CEO says customers are warned on every crypto trade ‘you could lose all of your money’

Online finance company SoFi warns crypto customers before every purchase on its platform to be wary of volatile digital currencies, CEO Anthony Noto told CNBC on Thursday. "We take a very structured and serious approach to consumer protection. We ensure that consumers are educated. We focus on suitability," Noto said on "Squawk Box." "Every time someone

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Wells Fargo tells customers it’s shuttering all personal lines of credit

A pedestrian wearing a protective mask walks past a Wells Fargo & Co. bank branch in New York, U.S., on Thursday, July 9, 2020.Peter Foley | Bloomberg | Getty ImagesWells Fargo is ending a popular consumer lending product, angering some of its customers, CNBC has learned.The bank is shutting

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Tiger Global was top dealmaker in a record quarter for venture capital, as investments exceeded $150 billion

Brex co-founders Pedro Franceschi and Henrique Dubugras.BrexIf it seems as if you've seen Tiger Global's name on a venture deal every day of late, there's a reason for it — the firm averaged 1.3 deals a day in the second quarter.According to a new report from research firm CB

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Britain’s crackdown on Binance boosts the cryptocurrency exchange’s rivals

The logo of cryptocurrency exchange Binance displayed on a phone screen.Jakub Porzycki | NurPhoto via Getty ImagesLONDON — Britain's move to block Binance is boosting rival cryptocurrency exchanges, which have reported a surge in new users in the country recently.The Financial Conduct Authority recently announced a crackdown on Binance,

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STFC gets Rs 312.50 crore capital infusion from promoter Shriram Capital

(STFC) on Thursday said it has received Rs 312.50 crore from its promoter Shriram Capital Finance in lieu of allotment of preference shares and warrants. As per authorisation by the securities issuance committee of the board of director of STFC, the company cleared the proposal to allot 17,36,100 equity

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