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Key takeaway: Buying Arc will give Axos access to thousands of early-stage and mid-market tech firms, as well as valuable AI technology the bank can use to sharpen its small business-product set. Supporting data: The deal comes about three months after Capital One closed its $5 billion acquisition of Brex, which has an AI-native payments…
Shawbrook improved its bridging proposition by increasing the maximum loan to value (LTV) on eligible commercial bridging loans up to 75%. The increased LTV gives brokers greater flexibility to support clients needing higher levels of funding for purchases or refurbishments. It builds on the recent developments of Shawbrook’s bridging proposition, which has included higher…
Corn futures extended the rally to Tuesday, with contracts closing 3 ½ to 6 ¾ cents higher, as July was just 1 ¾ cents higher. The CmdtyView national average Cash Corn price was a nickel higher at $4.13 3/4. The weekly Crop Progress report showed 16% of the US corn crop silking by July 5, 2…
If you’re an employer trying to reduce healthcare costs, Mark Cuban says your first port of call should be an AI chatbot. The billionaire entrepreneur says large language models like ChatGPT, Claude, and Gemini can analyze lengthy healthcare contracts and identify where companies are overpaying or being taken advantage of. “Run them all. Every healthcare…
In the NSE list of stocks with a market cap over Rs 10,000 crore, eight stocks’ closing prices crossed above their 200 DMA (Daily Moving Averages) on July 06, according to stockedge.com‘s technical scan data. The 200-day daily moving average (DMA) is a key indicator traders use to determine the overall trend in a particular…
LPL Financial has added HighWater Wealth, a San Diego-based firm with $2.4 billion in advisory assets focused on high-net-worth investors, from U.S. Bank. The team has joined Quotient Advisor Partners, an office of supervisory jurisdiction of LPL. The HighWater team includes Kristian Forster, Mike Rookus, Falko Hörnicke, Tim Davidson and Brian Rissman. They focus on…