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LC-News
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Happen Officially Launches Happen Bank Brand
Happen (HAPN), formerly LendingClub (LC), announced the official launch of the Happen Bank brand, marking a significant milestone in its evolution into a digital bank for people who want to make more happen with their money. Beginning June 22, Happen Bank's brand comes to life at www.happen.com, its mobile app, customer communications, advertising, and more. This also marks the first day that Happen common stock will trade on the Nasdaq Stock Market under the "HAPN" ticker.
Marqeta Appoints Lukasz Strozek as CTO
Marqeta (MQ) announced the appointment of Lukasz Strozek as the Company's Chief Technology Officer, effective May 18, 2026. Strozek will lead the company's global technology and engineering functions. He will join Marqeta from LendingClub Corp. (LC), where he served as CTO responsible for the engineering, product, and data organizations.
Largest Indicative Borrow Rate Increases Among Liquid Option Names
Latest data shows the largest indicative borrow rate increases among liquid option names include: ProShares UltraShort Silver (ZSL) 25.73% +5.89, American Resources Corp (AREC) 1.92% +0.56, LendingClub (LC) 0.95% +0.54, T-REX 2X Long BMNR Daily Target ETF (BMNU) 27.76% +0.47, STMicroelectronics (STM) 0.97% +0.41, Upexi (UPXI) 19.48% +0.40, Rezolve AI Ltd (RZLV) 6.55% +0.31, SPDR S&P Homebuilders (XHB) 1.64% +0.30, Harmony Gold (HMY) 0.77% +0.26, and Velo3D Inc (VELO) 10.04% +0.23.
Equity Futures Slightly Up, Tech Stocks Perform Strongly
Equity futures have reopened slightly higher, with S&P e-minis and Nasdaq 100 contracts both trading up a decimal, following headlines that Iranian negotiators have submitted another proposal to regional mediators, offering a halt on attacking ships in the Strait of Hormuz in exchange for a full end to the war. Energy markets are not budging in preserving a geopolitical premium to start the week however, with WTI Crude Oil still trading north of $95 per barrel. In precious metals, Gold and Silver prices continue to trade sideways above $4,700 and $75 per ounce respectively.With earnings season ramping up this week, investors remain focused on the broadbased rally in the Tech space of late. Semiconductors in particular have outperformed, with the VanEck Semiconductor ETFnow up a whopping 40% from its late-March lows. Nvidiaset new record highs today above $215 per share, while Alphabet'srecord high above $350 propelled Communication Services to the top of S&P 500 sectors for the day. Consumer Defensive sector - one of the worst performers over recent weeks and months - remained under pressure, with outsized losses seen among the "dollar-store" names Dollar Treeand Dollar General.Check out this evening's top movers from around Wall Street, compiled by The Fly.HIGHER AFTER EARNINGS -Bed Bath & Beyondup 27.2%Kforceup 21.1%Sanmina (up 13.8%LendingClubup 13.8%Solaris Energy Infrastructureup 13.0%Craneup 6.6%Nucorup 3.8%Cadenceup 1.0%DOWN AFTER EARNINGS -Rambusdown 11.2%Celesticadown 8.5%Ranger Energy Servicesdown 6.0%Amkor Technologydown 3.1%ALSO LOWER -Erascadown 37.1% after disclosing preliminary dose escalation data for ERAS-0015Qiagen N.V.down 5.5% after Q1 pre-announcement
Sees FY26 Loan Originations at $11.6B-$12.6B
Sees FY26 loan originations $11.6B-$12.6B.
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