Hut 8 Secures Massive $7 Billion AI Data Center Deal
Hut 8 signed a 15-year lease for a 245 MW AI data center at River Bend Campus, backed by Google and involving major financial and engineering partners.
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Visa Opens US Payments Network to Stablecoins
Visa is allowing US banks to settle payments using stablecoins like USDC, aiming for faster, cheaper, and more modern digital payments.
PayPal Applies to Become a US Bank Under Trump Administration
PayPal has filed applications to establish PayPal Bank, a Utah-chartered industrial loan company, aiming to expand small-business lending and offer savings accounts to customers.
JPMorgan Upgrades Citi: Positive Outlook for 2026
JPMorgan upgrades Citi to Overweight, citing strong economy, markets, and improved profitability. Price target raised to $124.
Robinhood Slumps as November Trading Activity Drops Across All Major Segments
Robinhood reported a sharp slowdown in November trading volumes, with equities, options, and crypto all declining month over month. Only prediction markets showed strong growth.
BofA Upgrades Visa to Buy: Strong Growth & Attractive Returns
Bank of America upgrades Visa to Buy with a $382 price target, citing strong fundamentals, growth potential, and opportunities in stablecoins.