Khadija Saeed

Khadija Saeed

Khadija Saeed is a financial markets reporter at TS2.tech. Her coverage ranges from stocks and technology to emerging industries and developments across global markets. She studied economics and finance at the London School of Economics and worked in market research before becoming a financial journalist. Follow Khadija Saeed on Google News.

Sandisk $41.6 bln in contracts now up against buyer-hedge test

Sandisk $41.6 bln in contracts now up against buyer-hedge test

Sandisk Corporation shares fell 12.4% in early U.S. trading Wednesday as traders weighed a new challenge to the storage firm’s efforts to manage memory cycles. CoreWeave, Inc., which locked in a long-term supply deal with Sandisk, is looking at ways to hedge against a possible drop in chip prices, according to a source cited by Reuters. The person said discussions are at an early stage and there’s no trade yet.
Nu Holdings gets Mexico bank license, putting attention on deposit base

Nu Holdings gets Mexico bank license, putting attention on deposit base

Nu Holdings Ltd. is close to wrapping up its conversion to a Mexican bank, with a funding base that goes deeper than customer numbers suggest. Mexico had more than $5.9 billion in deposits as of the end of March, making up about 14% of the group’s deposits, while its 15 million-plus customers were about 11% of Nu’s global total. The main question now is whether these deposit levels can help the new banking license generate more profit.
15 July 2026
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