The artificial intelligence (AI) industry is dividing itself along one of the software sector’s most fundamental debates: open versus closed source. The Monday (July 27) announcement that Nvidia had launched an AI safety coalition with companies including Capital One, CrowdStrike, DoorDash, Microsoft, IBM, SpaceX has underlined the marketplace implications of whether the most capable AI models should remain controlled by their…
Key takeaway: Community banks argue that the proposal could divert deposits and payment activity. Expert quote: “If less-supervised payment firms receive direct access without equivalent expectations, those firms could gain operational advantages while shifting risk to receiving banks, customers, and the broader payment ecosystem.” —Jenn Bertematti, managing director of bank operations at INTRUST Bank What’s…
USDCAD cannot extend below the 200 hour MA. Bouncing modestly into the close !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}
Volatility around the AI trade has been rough this week for bullish bets on stocks via leveraged ETFs
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A year has passed since tragedy struck Manhattan’s 345 Park Avenue. On July 28, 2025, a gunman entered the office tower, owned by Rudin Management, with an assault rifle. He killed four people: police officer Didarul Islam, Rudin associate Julia Hyman, Blackstone real estate executive Wesley LePatner and security guard Aland Etienne. The gunman then…
Key insight: Happen’s entire earnings beat came from the provision line. Pre-provision profit missed analyst estimates by about 5%. Supporting data: Diluted earnings of 50 cents a share beat a 42-cent consensus drawn from nine analyst estimates collected by S&P Capital IQ. Forward look: Full-year earnings guidance rose to $1.80 to $1.90 a share from…
Customer referral programs can greatly impact your business’s growth and success. Start by leveraging the trust that comes with personal recommendations; 84% of consumers trust friends and family over other sources. Implement a referral strategy that cuts acquisition costs and boosts retention rates. Track referrals to gather insights on customer behavior. By fostering loyalty and…
Elme Communities has found a new buyer for its Alexandria, Virginia, apartment complex after a previous deal fell through, putting the REIT back on track in its liquidation process. Elme Communities’ 1,222-unit Riverside Apartments at 5860 Cameron Run Terrace in Alexandria FPA Multifamily LLC has entered into an agreement to buy Riverside Apartments, a 1,222-unit…
Food supply chain technology company GrubMarket has confidentially submitted a draft registration statement for a proposed initial public offering. The company confidentially submitted the Form S-1 with the Securities and Exchange Commission (SEC), it said in a Tuesday (July 28) press release. “The number of shares to be offered and the price range for the…