Intercontinental Exchange (NYSE: ICE) announced a definitive agreement on Wednesday to acquire MarketAxess Holdings (Nasdaq: MKTX) in a deal valued at approximately $6.0 billion in equity, aiming to build what the companies call the most complete fixed income marketplace in the industry. Under the terms, ICE will pay $167 per share in cash for MarketAxess, […]
The Securities and Exchange Commission held its annual Small Business Forum back in March of this year. This past week, the SEC published recommendations from participants in the gathering. These recommendations are available here. Several of the suggestions impact online capital formation, including Reg CF. One key recommendation is to raise the funding cap of […]
Key Takeaways Chili’s parent company, Brinker International, is focusing on core restaurant tech upgrades before aggressively pursuing AI. Brinker International CIO Chris Caldwell recently said that the chain is “not all in” on AI, choosing to prioritize foundational systems instead. His investments over the past two years have gone into fixing basic issues that were […]
For decades, the default design for an airliner has been a long tube with wings. JetZero just landed a preliminary $3 billion deal from the US government to help build something really different: a “blended-wing” plane that looks more like a manta ray, with four aisles, no passenger windows, and a shape that the company […]
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Flying to a rally at General Motors this week, President Donald Trump declared that “car companies are doing better than they’ve ever done” thanks to his tariffs. “All because of Trump,” he said. It was a message the Republican president repeated while touring a collection of new vehicles, predicting that “it’s amazing what tariffs will do for General […]
“I will file a complaint with the Better Business Bureau.”
South Korean technology giant Samsung Electronics on Thursday reported a record operating profit of 89.5 trillion won ($62 billion) for the April-June period, a day after crosstown rival SK Hynix also reported record earnings, as the world’s two largest memory chipmakers continue to ride the global artificial intelligence boom.Despite their soaring profits, the companies’ shares […]
Bayesian clustering for portfolio credit risk – Journal of Credit Risk Skip to main content End of drawer navigation content Bayesian clustering forms data-driven borrower risk buckets. Weighted memberships capture diversified borrower exposures. Improves loss, VaR, and ES estimates vs. fixed buckets. Quantifies uncertainty in PDs, correlations, and cluster weights. Credit risk models for loan […]
AT&T (T -2.84%) recently announced it’s expanding its use of D-Wave Quantum (QBTS +8.34%) technology, just months after it began testing the quantum computing company’s services. AT&T said the expansion will focus on integrating D-Wave’s annealing quantum computing technology into some of its artificial intelligence tools to improve network operations and outage detection. D-Wave shareholders […]