The number of banking complaints has reached the highest level in at least a decade, according to the ombudsman. Customers are increasingly dissatisfied with the service provided by banks, leading to a surge in complaints being filed. It is crucial for banks to address these issues promptly in order to regain the trust of their customers.
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CoreWeave’s Valuation Increases After Meta Partnership
CoreWeave (NASDAQ: CRWV), an AI cloud infrastructure company that transitioned from crypto mining, reported a remarkable 206% revenue increase to $1.21 billion in Q2, driven by the surging demand for AI computing power from clients like Microsoft, Nvidia, and OpenAI. The stock soared 12% after announcing a significant new deal with Meta Platforms (NASDAQ: META), further boosting its growth prospects. Want More Context? 🔎
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