Sandisk: The Selloff Is Just The Beginning

BNY and Kraken parent company Payward are discussing a partnership that would span digital assets and financial market infrastructure, CoinDesk reported Friday (Oct. 2), citing unnamed sources. The agreement could include crypto products, custody, wealth management, trading, payments and infrastructure offerings that are provided by Payward’s B2B platform for banks, exchanges and asset managers, Payward Services, according to the report. The discussions remain underway,…

Bond investors at firms including ABN AMRO Investment Solutions and Brandywine Global Investment Management are voicing skepticism about mounting speculation that Federal Reserve Chairman Kevin Warsh is poised to raise interest rates. Processing Content After Warsh reiterated his commitment to bringing down inflation in a highly anticipated speech on Friday, swaps traders see a rate…

The company’s backlog has reached $95 billion as demand accelerates for its AI servers

New Jersey Attorney General Jennifer Davenport Processing Content Key insight: The subprime auto lender Credit Acceptance originated loans in situations where it knew the borrowers could not repay, state attorneys general alleged.    What’s at stake: A coalition of 41 state AGs negotiated the settlement after the Consumer Financial Protection dropped out of a joint 2023…

Statement Why frontier AI matters for firms  Artificial intelligence (AI) continues to evolve rapidly. Frontier AI models represent a step-change in capability, with significant implications for cyber security and operational resilience.   The cyber capabilities of current frontier AI models are already exceeding what a skilled practitioner could achieve, and at a significantly higher speed, greater…