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Central banks will end up holding Bitcoin in their reserves even though it is ‘backed by nothing,’ Deutsche Bank predicts

Central banks will end up holding Bitcoin in their reserves even though it is ‘backed by nothing,’ Deutsche Bank predicts

The price of Bitcoin briefly topped $125,000 yesterday, a new record high. And as its price goes up, its relative volatility declines, a new analysis by...

Artificial intelligence is exciting play into earnings: Wells Fargo

News7 months ago

Artificial intelligence is exciting play into earnings: Wells Fargo

Wells Fargo Securities’ Ohsung Kwon expects artificial intelligence to dominate third-quarter earnings season. “Outside of AI, I’m not really excited about anything,” Kwon, the firm’s chief...

News7 months ago

Fifth Third Bancorp to buy Comerica for $10.9 billion in all-stock deal

Fifth Third Bancorp said Monday it will acquire fellow regional bank Comerica in an all-stock deal worth $10.9 billion. When the deal closes, which both banks...

Stock Market7 months ago

OnePay is rolling out crypto to mobile banking app

Walmart-backed OnePay offers credit and debit cards, high-yield savings accounts, buy now, pay later loans and a digital wallet with peer-to-peer payments. Photo obtained from OnePay...

Beyond earnings — 4 events to watch for company updates that could move stocks

News7 months ago

Beyond earnings — 4 events to watch for company updates that could move stocks

Investors have faced numerous uncertainties throughout 2025, including President Donald Trump ‘s tariffs, the Federal Reserve’s interest rate decisions, and the long-term viability of the AI...

Data centers reshape real estate as banks struggle with funding

News7 months ago

Data centers reshape real estate as banks struggle with funding

The Stargate AI data center under construction in Abilene, Texas, US, on Tuesday, Sept. 23, 2025. Stargate is a collaboration of OpenAI, Oracle and SoftBank, with...