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Citi announced today that it has successfully processed live transactions on Swift's blockchain-based ledger, marking a significant milestone in its strategy to
NEW YORK--(BUSINESS WIRE)--Citi announced today that it has successfully processed live transactions on Swift's blockchain-based ledger, marking a significant milestone in its strategy to deliver always-on, cross-currency, and interoperable payment solutions for its institutional clients. As the first U.S. bank to conduct live native ledger transactions, Citi has collaborated with First Abu Dhabi Bank (FAB) and Oversea-Chinese Banking Corporation (OCBC) on this global initiative. The initiative.
TESSENDERLO-HAM, Belgium--(BUSINESS WIRE)--Regulatory News: X-FAB (BOURSE:XFAB): Highlights Q2 2026: Revenue was USD 199.8 million, down 7% year-on-year (YoY) and up 2% quarter-on-quarter (QoQ) Excluding the impact from revenue recognized over time (IFRS 15), revenue was USD 196.0 million, within the guided range of USD 190-200 million. Continued sequential growth in automotive bookings signals recovery Several data center design wins across diverse technologies EBITDA was USD 33.6 million, dow.
Wall Street's favorite market shorthand may need an upgrade. A new framework called the FAB 10 — Frontier AI & Big Tech 10 — is gaining traction among investors, and it could be the defining investing construct of the AI era.
Shares of European chipmaker X-FAB jumped as much as 76% on Wednesday, driven by retail buying amplified by a viral social media post, the latest sign of chip sector frenzy.
TESSENDERLO-HAM, Belgium--(BUSINESS WIRE)--Regulatory News: X-FAB Silicon Foundries SE (BOURSE:XFAB): Highlights Q1 2026: Revenue was USD 195.6 million, down 4% year-on-year (YoY) and down 12% quarter-on-quarter (QoQ) Excluding the impact from revenue recognized over time (IFRS 15), revenue was USD 205.8 million, above the guided range of USD 190-200 million. Microsystems business with an all-time high revenue at USD 33.7 million, up 42% YoY and up 35% QoQ Strong growth of wide-bandgap revenue.
TESSENDERLO-HAM, Belgium--(BUSINESS WIRE)--Regulatory News: X-FAB (BOURSE:XFAB): Highlights Q4 2025: Revenue was USD 222.3 million, up 18% year-on-year (YoY) and down 3% quarter-on-quarter (QoQ) Excluding the impact from revenue recognized over time (IFRS 15), revenue was USD 218.1 million, within the guided range of USD 215-225 million. EBITDA at USD 42.3 million, up 6% YoY and down 21% QoQ, impacted by a USD 9.3 million one-off item related to the SiC business in Q4 2025 EBITDA margin of 19.0.
First Trust Multi Cap Value AlphaDEX Fund (NASDAQ: FAB - Get Free Report) was up 1.1% on Wednesday. The company traded as high as $89.44 and last traded at $89.36. Approximately 1,045 shares were traded during trading, a decline of 62% from the average daily volume of 2,768 shares. The stock had previously closed at