SoFi Starts Settling Card Payments With Its Own Stablecoin on Mastercard
SoFi is the first bank to go live with SoFiUSD card settlement on Mastercard, migrating a program expected to top $25B in annualized volume.
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Bill Ackman Buys Netflix Again – Plus 5 Other Stocks in Biggest Portfolio Shake-Up in Years
Pershing Square adds Netflix, Visa, Mastercard, Alcon, ICE & S&P Global in its largest portfolio shift. Also exits Hertz after a “bungled” offering.
Mastercard Beats Q2 Estimates as Steady Spending Drives Transaction Growth
Mastercard reported Q2 2026 net income of $4.4B and adjusted EPS of $5.04, beating estimates. Revenue rose 14% to $9.3B as volumes grew 8%.
Circle Shares Drop as Coinbase Eyes Huge New Stablecoin Platform Backed by Stripe, Visa & Mastercard
Circle shares fell as Coinbase may join a new stablecoin platform with Stripe, Visa and Mastercard, raising competition worries.
After 6-Year Exit, Berkshire Buys $2.6 Billion Stake in Delta
Berkshire bought a $2.6B stake in Delta again and also took a small new position in Macy’s while reshaping its portfolio in Q1 2026.
Trump Takes Apple, Tesla, Nvidia & Micron CEOs to China for Major Trade Talks
Trump visits China with top US CEOs to improve trade, tech ties, and investment between the US and China.