This story was originally published on Payments Dive. To receive daily news and insights, subscribe to our free daily Payments Dive newsletter. Dive Brief: Large banks, data aggregators and fintechs are wrestling over the costs of customer data sharing for a system of open banking as the issue plays out in federal court and with financial regulators. Aggregators’ large data draws are “a huge tax” on JPMorgan Chase’s infrastructure, said Kate Prochaska, a managing director at the largest U.S. bank said T ...

Core Insights - Middle-class Americans are falling into financial traps set by banks, which exploit savings and debt to enhance their profits at the expense of customers [2][3]. Group 1: Financial Traps - Traditional savings accounts offer low interest rates, with the national average personal savings rate at just 0.40% as of November 2025, which is significantly below inflation [3][4]. - A $10,000 savings account earning 0.40% interest yields only $40 annually, while inflation reduces its purchasing power by approximately $250, negatively affecting long-term financial goals [4]. Group 2: Alternative Financial Solutions - To optimize cash management, individuals are encouraged to consider no-fee checking and savings accounts, as well as low-risk investment options like certificates of deposit (CDs), money market accounts, or treasury bonds, which typically offer better returns than standard savings accounts [5][7]. - High-yield savings accounts (HYSAs) can fluctuate in interest rates, making locked-in returns from CDs more appealing, especially in a declining interest rate environment [8].

Tesla's 2025 wasn't about selling more cars; it was about redefining the company's future.Tesla's (TSLA +3.15%) 2025 wasn't defined by a breakout quarter, a surprise earnings beat, or a dramatic surge in vehicle deliveries. Instead, it was a year of strategic clarification. By the end of the year, it became increasingly clear what Tesla wants to be and, just as importantly, how investors should think about it.The company didn't abandon electric vehicles (EVs), but it quietly repositioned them as the foundat ...

Group 1 - The growth in artificial intelligence (AI) is relentless, with tech companies investing heavily in new products and services, leading to Nvidia becoming the most valuable company globally with a market cap of approximately $4.2 trillion [1] - Nvidia has experienced rapid growth in both sales and profits, dominating the AI chip market, which has prompted other companies to develop their own chips to reduce dependency on Nvidia [2] - CEO Jensen Huang warns that improper regulation could hinder Nvidia and the entire AI industry, emphasizing the need for clear and consistent regulations rather than state-by-state approaches [2][5] Group 2 - The necessity for strict regulations in AI is highlighted, as companies face lawsuits for issues like copyright infringement and inadequate user safeguards, including serious incidents involving chatbot interactions [4] - Uncertainty surrounding AI regulations could significantly impact the industry's growth prospects, with Huang stating that state-by-state regulation could halt progress and create national security concerns [5][6] - While Nvidia and other tech companies favor policies that support rapid growth, the complexity and restrictiveness of upcoming regulations could affect both short- and long-term growth prospects for the industry [6][7]

Core Insights - Nike Inc is expected to report a significant decline in earnings per share (EPS) of 52.6% and a slight revenue decrease of 1.7% for the fiscal second quarter [1][6] - The company is experiencing growth in North America and the EMEA regions, driven by wholesale gains, pricing discipline, and effective inventory management [2][6] - Challenges in the Chinese market, higher tariffs, and margin strain are testing Nike's "Win Now" turnaround strategy [2][3][6] Financial Metrics - Nike's price-to-earnings (P/E) ratio is approximately 34.23, indicating a strong investor willingness to pay for earnings [5] - The price-to-sales ratio stands at about 2.14, while the enterprise value to sales ratio is around 2.22, reflecting the company's valuation relative to its sales and cash flow [5] Market Performance - The stock has declined approximately 10% in 2025, with investors remaining cautious due to previous warnings about weak holiday sales [3] - Historically, Nike's stock has shown resilience, rising after its last two earnings reports and breaking a six-quarter losing streak in June, with an average next-day movement of 9.1% [4]

Core Insights - America's largest banks are ending 2025 with record-high stock prices, increased assets, and a level of regulatory freedom not seen in 15 years [1] Group 1: Stock Performance and Growth - Bank of America (BAC) achieved a record high stock price in December, surpassing its pre-crisis peak from 2006 [2] - JPMorgan Chase (JPM) and Wells Fargo (WFC) are also trading at record highs, while Citigroup's (C) stock has exceeded its book value per share for the first time in seven years, although it remains 80% lower than its peak in 2000 [3] Group 2: Investment Banking and Trading Fees - Wall Street's activities, including merger momentum and market volatility, are driving a surge in fees from investment banking and trading divisions for these banks [4] - Global investment banking volume is projected to increase by 10% from 2024, reaching its highest level since 2021, despite challenges like tariff-related market freezes and IPO delays [5] Group 3: Future Growth Plans - Executives from major banks indicated plans for expansion in 2026 during a recent industry conference [6] - Citigroup's CFO noted the resilience of global economies and the openness of capital markets [7] - Bank of America aims to enhance cross-selling between its consumer and wealth divisions, focusing on recruiting financial advisers and expanding its branch network [7] - Wells Fargo plans to grow across all its businesses following the easing of regulatory restrictions related to its past scandals [8] Group 4: Asset Growth - Wells Fargo's total assets surpassed $2 trillion in the third quarter, a significant milestone given previous restrictions [9]

Core Insights - Tudor Gold Corp. is advancing its Treaty Creek Project in British Columbia, focusing on gold resource expansion and strategic objectives for 2026 [1][6]. Exploration Program Summary - The 2025 exploration program at Treaty Creek involved 5,052 meters of drilling, successfully confirming higher-grade gold structures within the Goldstorm Deposit [3][4]. - The Goldstorm Deposit has an Indicated Mineral Resource of 730.20 million tonnes containing 21.66 million ounces of gold at a grade of 0.92 g/t, and an Inferred Mineral Resource of 149.61 million tonnes with 4.88 million ounces of gold at a grade of 1.01 g/t [2][26]. Upcoming Resource Estimates - An updated Mineral Resource estimate is underway, incorporating approximately 15,000 meters of drill data from 2024 and 2025, expected to be completed in January 2026 [4][6]. Financial Position - The company has secured approximately $24.5 million through two financings to support its development strategy for the Treaty Creek Project [7]. Development Strategy - Tudor Gold aims to develop a mid-size underground mine targeting higher-grade gold mineralization of around two grams per tonne, with plans for an underground exploration ramp to facilitate efficient drilling [6][19]. Additional Exploration Plans - The 2026 exploration season will focus on expanding known zones of higher-grade gold mineralization, including the Perfectstorm, CBS, and Eureka zones [8][12][15]. Corporate Initiatives - The company is negotiating to resolve land use conflicts with Seabridge Gold and is advancing towards consolidating 100% ownership of the Treaty Creek Project [22][23].

Google is expanding its push into consumer finance in India with the launch of a UPI-linked credit card, betting on a country of more than 1.4 billion people where fewer than 50 million currently hold a credit card. On Wednesday, Google entered India’s growing co-branded credit card market with the launch of Flex by Google Pay, partnering with private lender Axis Bank to expand access to credit in the country’s UPI-driven payments ecosystem. India’s rapid adoption of digital payments through the govern ...

Core Insights - 36Kr Holdings Inc. successfully hosted the WISE 2025 Business Kings Conference, which redefined traditional business conference formats and attracted significant media attention with over 500 million views [1][2][11] Event Overview - The WISE 2025 conference took place on November 27-28, 2025, in Beijing's 798 Art District, featuring a unique seven-act agenda inspired by short plays [1][3] - The event gathered business leaders and innovators from various sectors, including intelligent hardware, artificial intelligence, life sciences, retail, and investment [1][2] Key Highlights - The conference featured a mass-participation AI short play titled "Forging the Dawn," showcasing AI's advancements in creative generation [3] - A live demonstration of Unitree Technology's G1 humanoid robot set a tone of technological innovation for the event [3] Thematic Acts - **Act 1: New Beginnings 2025 and 2035** - Executives shared entrepreneurial journeys and launched Houmo.AI's M50 chip [4] - **Act 2: Challengers and the Tech Wave** - Discussions on technological disruption and the evolution of AI for Science [5] - **Act 3: Embodied Artificial Intelligence** - In-depth discussions on defining embodied AI and its applications [5] - **Act 4: Brand Building** - Introduction of the "Three Constants" brand-building theory and the "Future Super Chinese Brands List" [6] - **Act 5: Tech-empowered Innovation in Consumer Goods** - Showcasing how AI is reshaping the marketing value chain [7] - **Act 6: Global Expansion and Synergy** - AI applications in global expansion scenarios discussed by industry leaders [9] - **Act 7: Outlook on the New Tech Era** - Insights on generational consumption drivers and the computing power revolution [9] Recognition and Support Initiatives - 36Kr unveiled the WISE 2025 Business Kings Annual Honors Lists, recognizing notable figures in China's capital markets [10] - The company launched the IPO Acceleration Camp in partnership with Zhong Lun Law Firm, providing a structured support framework for enterprises [10] Future Commitment - 36Kr aims to deepen its engagement in the industrial ecosystem, focusing on long-term commitment, tech-driven advancement, and innovation [11] - The company plans to support entrepreneurs and help investors identify long-term value opportunities through various initiatives [11]

Core Viewpoint - F3 Uranium Corp. has filed a Form 40-F Registration Statement with the SEC to list its common shares on the Nasdaq Capital Market, marking a significant step in its U.S. growth strategy [1][2]. Group 1: Nasdaq Listing - The filing of the Form 40-F is crucial for the company's expansion into U.S. capital markets, with expectations to trade under the symbol FUU on Nasdaq while maintaining its listing on the TSXV [2][3]. - The approval of the Nasdaq listing is contingent upon meeting Nasdaq's listing qualifications and regulatory requirements, including the SEC declaring the Form 40-F effective [3]. Group 2: Company Overview - F3 Uranium Corp. is focused on uranium exploration, particularly in the high-grade JR Zone and the newly discovered Tetra Zone within its Patterson Lake North Project in the Western Athabasca Basin [4]. - The company holds three properties in the Athabasca Basin: Patterson Lake North, Minto, and Broach, which is known for hosting some of the world's largest high-grade uranium deposits [4].