PayPal signs deal with OpenAI to become the first payments wallet in ChatGPT
The move makes PayPal an early part of OpenAI’s efforts to broaden ChatGPT’s use for e-commerce.
RBI panel backs cash-flow based lending, digital tools to boost MSME credit
A Reserve Bank of India advisory committee suggested cash-flow based lending and digital solutions like TReDS can improve MSME credit linkage. The committee also emphasized addressing information asymmetry, financial literacy, and delayed payments to promote fair lending and rehabilitation of viable distressed units.
Stocks making the biggest moves after hours: Nucor, Waste Management, F5, NXP and more
These are the stocks posting the largest moves in extended trading.
Stocks making the biggest moves midday: Qualcomm, Fermi, Dyne Therapeutics, Organon, Snowflake and more
These are some of the stocks posting the largest moves midday.
Berkshire Hathaway downgraded to sell by KBW, citing Buffett succession, ‘many’ other issues
KBW said the company’s core businesses — from auto insurer Geico to railroad Burlington Northern Santa Fe — are likely to face simultaneous pressures ahead.
Five Companies, Including Milky Mist, Curefoods, Secure IPO Approval from Sebi Amid Market Boom
Five companies, including Milky Mist Dairy Food and Curefoods India, have received Sebi’s approval for their IPOs, signaling a robust primary market. These firms aim to raise substantial funds for expansion, debt repayment, and modernization. The approvals come as the Indian market sees a surge in IPO activity.
Stocks making the biggest moves premarket: AMD, Lululemon, GameStop, Nvidia, Five Below and more
These are the stocks posting the largest moves in the premarket.
Bessent lists five finalists for Fed chair job and Trump says decision coming before the end of the year
The Federal Open Market Committee meets this week, with an interest rate decision due Wednesday.
Don’t just bet on the U.S. rally. UBS sees ‘best opportunities’ in Asia, bonds and gold
UBS says investors should not rely solely on U.S. equities despite the continued momentum.
HSBC to recognize $1.1 billion provision in third quarter after court ruling in Madoff case
Herald Fund SPC sued HSBC’s Luxembourg unit in 2009, claiming restitution of securities and cash it said were lost in the fraud.