Payments Reboot: BofA Restarts Coverage with 5 Buys and Attractive Entry Points
BofA reinstates coverage with Buy ratings on Visa, Mastercard, Block, Affirm, Klarna — Neutral on PayPal.
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The 2028 Intelligence Crisis: Why AI Success Could Be the Market’s Nightmare
A viral research report paints a scary AI future with high unemployment and crashing markets despite productivity gains. Software and payments stocks tank as investors react to the "what if AI success is bad?" scenario.
Trump's 10% Credit Card Rate Cap Shakes Banking Stocks
Financial stocks plunge as Trump proposes 10% credit card interest rate cap. Banks and card issuers face potential profitability concerns under new affordability measure.
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.
Coinbase Nears $2 Billion Deal to Acquire Stablecoin Startup BVNK
Coinbase is reportedly in late-stage talks to acquire BVNK for around $2 billion, aiming to strengthen its stablecoin and payments strategy amid growing industry activity.