Nvidia’s historic buyback announcement underscores a sharp divide in Big Tech
Nvidia is expanding its buyback program to $235 billion while Alphabet and Meta halt repurchases and reallocate money to their AI initiatives.…
Traders expecting a back-to-back rate hike from the Fed in October may have gotten ahead of themselves
New York Fed’s John Williams says “there is no need for urgency” after the central bank’s September hike. Source:MarketWatch
Agencies publish resolution plan feedback letters for 15 banking organizations
Agencies publish resolution plan feedback letters for 15 banking organizations Source:Federal Reserve
Crypto regulation at SEC, CFTC to come down to 3 commissioners following key resignation
Seven commissioner seats at the SEC and CFTC will be empty after Friday, leaving only a few leaders at financial regulators to oversee aspects of the $3…
OpenAI valuation could hit $1.4T in new funding round: Report
OpenAI is reportedly seeking another $30 billion from investors as the ChatGPT developer pushes its longawaited public market debut into 2027.…
Kakaopay partners with Dinari, Ondo to explore tokenized Korean stocks
Kakaopay Securities is working with Dinari and Ondo Finance to explore tokenizing Koreanlisted equities and expanding their availability to investors in…
The real prize in AMD’s $8 billion World Labs acquisition isn’t what you’d think
AMD is getting cuttingedge spatialintelligence models, but more importantly, a leader who can help recruit top talent and bring realworld AI applications into…
OpenAI launches a rival to Meta’s Muse, as the battle for AI agents kicks into high gear
Personal AI assistants are shaping up to be the new frontier for tech companies. Source:MarketWatch
Good news for OpenAI is great news for Oracle’s stock — here’s why
Wall Street is cheering AI stocks as OpenAI gets closer to a revenue milestone. Source:MarketWatch
Cboe, S&P Dow Jones may explore tokenized options contracts under extended licensing deal
The agreement opens the door to tokenized derivatives as some of Wall Street's biggest institutions, including Nasdaq, NYSE and DTCC, move traditional markets…
Bitwise launches first US spot NEAR ETF after token’s recent surge
Bitwise’s NEAR ETF begins trading on NYSE Arca as the token rallies more than 160% over the past month and activity on NEAR Intents grows. Source:Cointelegraph
Could SpaceX be worth $12 trillion one day? Citi says Starship gets it a step closer.
The recent Starship launch helps SpaceX with a number of priorities that could help its stock reach $900 over the long run, an analyst says. Source:MarketWatch