Our AI knew it: This high-conviction medtech just jumped 27%+ on blowout earnings
Our AI knew it: This high-conviction medtech just jumped 27%+ on blowout earnings
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Carrington completes Valon Mortgage acquisition, adopts new servicing platform
Carrington Mortgage Services has officially completed its acquisition of Valon Mortgage, but the deal’s most significant impact may be what comes next. The Ginnie Mae loan servicing specialist said Tuesday it will adopt ValonOS as its core servicing platform, marking a major technology overhaul for one of the nation’s largest independent mortgage servicers. With the…
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Eye on AI: Minty Makes Shopify Integration; Pie Merits AmEx Investment – Digital Transactions
As more consumers consider how artificial-intelligence services can help with the shopping experience, payments and commerce providers are preparing. Minty, an AI shopping app, is now available to merchants on the Shopify Inc. platform. And, Pie Tech Inc. has received more funding, this time from Amex Ventures, to help merchants have better discoverability for AI…
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cTrader Store launches subscriptions for trading products
cTrader Store is expanding beyond one-off purchases by introducing subscriptions for cBots, indicators and plugins. Traders can access premium products through smaller recurring payments, while sellers can build recurring revenue through successful subscription renewals. The upgrade opens a new era for multi-platform plugins: continuously updated service-based plugins can now generate ongoing revenue, while brokers gain…
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Hikvision launches ProAV to simplify audiovisual integration and shape richer experiences
HANGZHOU, China, Aug. 5, 2026 /PRNewswire/ — Hikvision has launched its ProAV offering, bringing together a broad portfolio of audiovisual products and unified management platforms. By offering partners a more coordinated approach to project planning, integration, deployment, and ongoing operation, Hikvision ProAV is designed to reduce unnecessary complexity and support more cohesive experiences for the people…
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London Credit lowers rates and launches Prime Development offering
London Credit has enhanced its property development finance proposition, reducing rates across its mainstream development range and launching a new Prime Development offering. The lender has reduced rates across its mainstream development range by 1% per annum. London Credit also introduced a new Prime Development offering. It is designed for lower-risk development projects, with…
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Eli Lilly (LLY) earnings Q2 2026
The Eli Lilly logo appears on the company’s office in San Diego, California, Nov. 21, 2025. Mike Blake | Reuters Eli Lilly on Wednesday reported second-quarter earnings and revenue that blew past estimates and hiked its full-year sales outlook, as demand for its blockbuster weight loss drug Zepbound and diabetes treatment Mounjaro surged again. The pharmaceutical…
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Banks price in higher rates as Fed credibility wanes
Key insight: After two press conferences with scant policy explanations for forward guidance, market participants and banks are questioning the credibility of the Warsh-led Federal Open Market Committee to raise rates to combat inflation. Expert quote: “The vacuum from Warsh declining to give a reaction function — not just forward guidance — means the market…
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Does Section 54F tax exemption apply if LTCG is used to buy property from spouse? Here’s what the ITAT ruling says
A woman who claimed a ₹6.92 crore exemption under Section 54F after purchasing a residential property from her husband has won significant relief from the Income Tax Appellate Tribunal (ITAT). The ruling reiterates that a genuine transaction between spouses cannot be treated as a tax avoidance arrangement merely because it results in a tax benefit….
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USAA and BofA swap patent rights in first two-way deal
Key insight: The Bank of America agreement is the first bilateral agreement in USAA’s licensing campaign. Every earlier deal had another institution paying for a license to USAA’s patents. Supporting data: Bank of America holds nearly 7,400 granted patents and pending applications, which it calls the most of any financial services company. USAA advertises more…
