Partnership & Strategy - JPMorgan is in advanced talks to take over Apple's credit card program [1] - The move would replace Goldman Sachs as Apple's preferred partner [1]

Market Dynamics - JPMorgan is in advanced talks to take over Apple's credit-card program [1]

Market Dynamics - Citigroup launched a premium credit card to compete with JPMorgan Chase and American Express [1]

Core Insights - The 2025 World Artificial Intelligence Conference (WAIC) in Shanghai showcased 800 companies and over 3,000 advanced technologies, indicating a strong interest in AI investments [1] - The article highlights three key investment opportunities in the AI sector that could lead to long-term growth [3] Group 1: Computing Infrastructure - The shift in computing infrastructure is likened to moving from "generators" to "power grid companies," with policies in Shanghai and Dongguan promoting the development of computing power trading platforms [3] - Key companies include: - Zhongji Xuchuang (300308): Validated 1.6T optical modules by Huawei, positioned for computing power transmission [3] - Hengwei Technology (603496): Core supplier for Huawei's Ascend liquid-cooled integrated machine, with orders extending to 2026 [3] - Tuo Wei Information (002261): Collaborating with Huawei to create "Zhaohan" domestic servers, with deliveries to the Changsha intelligent computing center [3] - The AI ETF (515980) has seen a 43% increase over the past year, with financing balances soaring to 97 million, indicating strong institutional interest [3] Group 2: Embodied Intelligence - The technology shift in robotics is moving from "performing tricks" to "performing tasks," with domestic component localization rates exceeding 50% [3] - Key companies include: - Green Harmonic (688017): Gearbox supplier for UBTECH, maintaining a leading gross margin of over 35% [3] - Leisai Intelligent (002979): Closed-loop stepper motors account for 70% of orders for new products from Yuzhu [3] - Zhongdali De (002896): RV gearbox shipments surged by 150%, benefiting from mass production of humanoid robots [3] - SenseTime has launched an embodied intelligence platform, enhancing the capabilities of industrial robots [3] Group 3: AI in Finance and Healthcare - The introduction of AI in finance is exemplified by the Industrial and Commercial Bank of China's AI credit approval system, reducing processing time from three days to three minutes, leading to a 200% increase in orders for IT supplier Runhe Software (300339) [3] - In healthcare, the AI diagnostic system from United Imaging has been able to detect lung cancer 30 days earlier, with significant procurement from top-tier hospitals for health information company Weining Health (300253) [3] - The Ant Group's AI health manager is now integrated into 5,000 hospitals, accelerating government procurement for public health projects [4]

The people at Jane Street are often described as mathematical. A lot of them play poker. They have um they have puzzles in their offices. Um they're problem solvers in the most advanced way.>> And those puzzle playing problem solvers spend their days helping institutions and other investors make trades. Essentially, they're matching a buyer and a seller. You think that when you place an order that that order just it's as if you go to the grocery store and you're buying something.Well, in the markets, there ...

You mentioned earlier that the work a junior analyst would have been doing for you can now just be done on reflexivity essentially. So what does this mean for future employment on Wall Street. Frankly, it's a question obviously that comes up again and again.I think the way I look at what we have built is really giving superpowers to people who use it, right. There's still a human in the loop and I think it makes somebody a more effective investor. You're able to ask questions.In fact, the interesting experi ...

The partnership between Goldman Sachs and the Bank of New York Mellon to tokenize shares of money-market funds represents a “significant leap forward” for the $7 trillion-plus industry, JPMorgan strategists said https://t.co/BH6qejHii9 ...

Core Insights - Hyperscale Data, Inc. announced that its subsidiary Ault Global Real Estate Equities, Inc. completed a financing of $145 million with Goldman Sachs, allowing for the refinancing of Fouquet's New York's senior debt at an attractive leverage level, with potential for significant future cash flow upside [1] Group 1: Company Overview - Hyperscale Data operates through its subsidiary Sentinum, Inc., which owns and operates a data center for mining digital assets and providing colocation and hosting services for AI ecosystems and other industries [3] - The company is also involved in acquiring undervalued businesses and disruptive technologies through its subsidiary Ault Capital Group, Inc. [3] Group 2: Future Plans - Hyperscale Data plans to divest Ault Capital Group by December 31, 2025, transitioning to solely owning and operating data centers for high-performance computing services [4] - The divestiture will involve a voluntary exchange of Series F Preferred Stock for shares of Class A and Class B Common Stock of ACG, allowing stockholders to become ACG shareholders [5]

One billionaire has waged a five-year campaign to force Credit Suisse and later UBS to examine the mishandling of Holocaust victims’ money — and that quest is nearing completion.Read The Big Take ⬇️ https://t.co/8vjmUWxT5p ...

🚨UPDATE: GOLDMAN SACHS AND BNY MELLON COLLABORATES TO TRANSFORM $7.1T MONEY MARKET INDUSTRY WITH DIGITAL TOKEN ~ CNBC ...