Santa Rally Hopes Meet AI Reality Check
As 2025 draws to a close, Wall Street finds itself caught between two forces: growing doubts about the AI trade that powered this year’s gains and the historically reliable seasonal patterns that ha...
ServiceNow Eyes $7 Billion Deal for Cybersecurity Startup Armis
Workflow automation platform ServiceNow is reportedly in advanced discussions to purchase cybersecurity startup Armis.
The deal, which could be worth up to $7 billion, could be announced in...
YouTube Teams With PayPal to Pay Creators With Stablecoins
YouTube has reportedly begun letting creators on its platform get paid in PayPal’s stablecoin.
So far, this feature only applies to U.S. users, May Zabaneh, PayPal’s head of crypto, t...
President Trump’s Ban on State AI Rules Faces Legal Pushback
Last week, President Donald Trump signed an executive order aiming to ban state-level AI regulations.
“For banks, payments firms and FinTechs leaning on AI for fraud detection, credit dec...
PNC Gets Regulatory OK to Acquire FirstBank
PNC Financial Services has gotten regulatory approval to complete its acquisition of Colorado-based FirstBank.
The $4.1 billion deal has now received the go-ahead from the Board of Governor...