PayPal plans to launch bank serving small businesses around the US
Fox Business· 2025-12-17 13:26
Core Insights - PayPal has submitted regulatory applications to establish PayPal Bank, aimed at providing lending solutions and interest-bearing savings accounts for small businesses [1][2] - The bank's establishment is intended to enhance PayPal's efficiency in supporting small business growth and economic opportunities in the U.S. [5] - Since 2013, PayPal has facilitated over $30 billion in loans and working capital to more than 420,000 business accounts globally [8] Regulatory Framework - Industrial banks, like PayPal Bank, are regulated by states and the FDIC, allowing non-financial companies to own and operate them [9][11] - These banks can offer various consumer and commercial loans and accept federally insured deposits, similar to traditional banks [11] Leadership and Strategy - Mara McNeill has been appointed as the president of PayPal Bank, bringing over 25 years of experience in banking and commercial lending [5] - The establishment of PayPal Bank aligns with the current deregulatory environment encouraged by the Trump administration, which aims to spur growth in financial institutions [11][12]
Nvidia (NASDAQ: NVDA) Stock Price Prediction for 2026: Where Will It Be in 1 Year (Dec 17)
247Wallst· 2025-12-17 13:25
Core Viewpoint - Nvidia Corp. shares have decreased by 3.4% over the past week following the announcement of its acquisition of SchedMD and a partnership with Mistral AI, alongside the White House's approval for sales of H200 chips to select Chinese customers [1] Group 1 - Nvidia announced the acquisition of SchedMD, which may enhance its capabilities in scheduling and resource management [1] - The company has formed a partnership with Mistral AI, indicating a strategic move to strengthen its position in the AI sector [1] - The recent approval from the White House for the sale of H200 chips to certain Chinese customers could impact Nvidia's market dynamics and revenue potential [1]
10 Genius Things Warren Buffett Says To Do With Your Money
Yahoo Finance· 2025-12-17 13:25
Warren Buffett is commonly referred to as the most prophetic and respected investor of all time. He is also known for his folksy charm and memorable quotes about the art of investing. As the “Oracle of Ohama” has an estimated net worth of around $146 billion, the proof is in the pudding. Learn More: 6 Money Moves Wealthy People Always Make Before New Year’s For You: 6 Things You Must Do When Your Savings Reach $50,000 When you’re aiming to reach the top of the mountain and want a competitive advantage, i ...
Sidestepping Concentration: Accessing the Hidden Layer of AI Hardware
Etftrends· 2025-12-17 13:25
Core Insights - The semiconductor investment thesis is evolving, particularly with the rise of application-specific integrated circuits (ASICs), presenting unique structural opportunities for investors [1] - The shift in the AI market is moving from general-purpose hardware to custom silicon designed for specific needs, as major hyperscalers like Alphabet, Meta, and Amazon adopt a "do-it-yourself" model [2] Industry Trends - The demand for bespoke efficiency in AI hardware is increasing, leading to a focus on specialized design firms that connect software giants with physical manufacturing [3] - Global Unichip Corp (GUC) is positioned as a key player in this transition, acting as a specialized ASIC design partner for tech giants [4] Company Analysis - GUC supports ASIC design and advanced packaging for custom chip development, crucial for hyperscale and cloud AI programs [4] - GUC's strategic relationship with Taiwan Semiconductor Manufacturing Company (TSMC), which owns approximately 35% of GUC, provides production security and technical synergy [5] Investment Opportunities - There is a concentration risk in AI-related investments, with many portfolios heavily weighted towards Nvidia and TSMC, while exposure to the specialized ASIC ecosystem remains limited [6] - The ROBO Global Artificial Intelligence ETF (THNQ) offers investors access to GUC, enabling diversification within the semiconductor investment landscape [7]
Benton Continues to Hit Wide Gold Zones at South Pond and Identifies New VMS System North of Great Burnt; Launches New Website
TMX Newsfile· 2025-12-17 13:25
Thunder Bay, Ontario--(Newsfile Corp. - December 17, 2025) - Benton Resources Inc. (TSXV: BEX) ("Benton" or the "Company") is pleased to announce that it has received the newest set of excellent gold results from its current drill campaign at South Pond Gold-Copper Deposit, including, 2.02g/t Au over 17.13 m (from 29.87 to 47.00 m), including 3.98g/t Au over 5.00 m (from 36.00 to 41.00 m), also including 9.12g/t Au over 1.00 m (from 36.00 to 37.00 m) in SP-25-54 (See Figures 1-3, Table 1).Additionally, Ben ...
Why Bitcoin Could Surprise in 2026
Etftrends· 2025-12-17 13:25
Core Insights - Bitcoin has been a polarizing asset in 2025, experiencing both significant rallies and a slump, with expectations to close below $100,000 [1][2] - Despite the downturn, there are potential opportunities in ETFs like the Coinshares Valkyrie Bitcoin Fund (BRRR) for 2026 [2][3] Market Dynamics - Increased adoption and broader use cases are expected to drive Bitcoin and ETFs like BRRR higher in 2026 [4] - Bitcoin's integration into traditional finance is advancing through spot ETFs, a deepening options market, and corporate participation [5] - The evolving regulatory environment may favor Bitcoin and digital currencies, with countries considering loosening regulations that hindered crypto innovation [5][6] Regulatory Landscape - Global regulation is diverging, with Europe seeking clarity, the US fostering innovation, and Asia aligning its own prudential measures [6] - ETFs like BRRR are enhancing Bitcoin liquidity and attracting new participants, including professionals, into the crypto market [6] Future Outlook - The industry is shifting focus from narrative to utility, cash flow, and integration, indicating that digital assets are becoming part of mainstream finance [7]
Darden Restaurants' Q2 2026 Earnings: What to Expect
Yahoo Finance· 2025-12-17 13:24
With a market cap of $21.6 billion, Darden Restaurants, Inc. (DRI) is a leading full-service restaurant company that owns and operates a diverse portfolio of well-known dining brands across the United States and Canada. The company includes popular concepts such as Olive Garden, LongHorn Steakhouse, and Ruth’s Chris Steak House. The Orlando, Florida-based company is expected to announce its fiscal Q2 2026 results before the market opens on Thursday, Dec. 18. Ahead of this event, analysts predict Darden R ...
Oracle says Michigan data center project talks on track without Blue Owl
Yahoo Finance· 2025-12-17 13:24
By Akash Sriram and Jaspreet Singh Dec 17 (Reuters) - Oracle said talks for an equity deal to support its Michigan data center project remain on schedule and do not include Blue Owl Capital, after a report of stalled negotiations with the crucial partner knocked its shares down 5% on Wednesday. The more than 1-gigawatt project in Saline Township, Michigan, is part of the Stargate AI infrastructure push by Oracle and OpenAI. Oracle said in late October that construction is slated to begin in early 2026 ...
Is Gen Digital Stock Underperforming the Nasdaq?
Yahoo Finance· 2025-12-17 13:24
Gen Digital Inc. (GEN) is a global frontrunner in consumer cyber protection, offering cutting-edge software through well-known brands such as Norton, Avast, LifeLock, and MoneyLion. These solutions emphasize cybersecurity, digital privacy, identity safeguards, and financial health, reaching users worldwide primarily through seamless online channels. Headquartered in Tempe, Arizona, the firm manages broad operations from its core sites. Drawing on deep-rooted experience, Gen Digital fosters secure digital ...
Oracle's $10 billion Michigan data center in limbo after Blue Owl funding talks stall, FT reports
Reuters· 2025-12-17 13:24
Oracle's largest data center partner Blue Owl Capital will not back a $10 billion deal for its next facility, as the software group faces increased concerns about its rising debt and artificial intell... ...