Nikolas Kokovlis | Nurphoto | Getty Images Visa on Monday said it is acquiring fraud detection startup BioCatch for $2.4 billion in cash, expanding the payment giant’s push into cybersecurity as banks confront a surge in artificial intelligence-powered scams and account takeovers. Under the deal, Visa will get BioCatch’s behavioral biometrics platform, which analyzes data…
My top 10 things to watch Monday, Aug. 3 1. Peace talks between the U.S. and Iran are back on the menu, so oil prices are falling. WTI crude is off more than 5%, trading below $80 a barrel this morning. Stock futures are higher across the board, led by the Dow . Within our…
AstraZeneca shares dropped as much as 7% after a report that the U.K.’s largest drugmaker was in talks with U.S. peer Bristol Myers Squibb over a megadeal that, if completed, could value the companies at roughly $400 billion. AstraZeneca declined to comment. Bristol Myers Squibb didn’t immediately respond to a request to comment outside of…
Washington’s decision to join Japan in supporting the battered yen has prompted questions over what motivated the rare coordinated intervention. Source link
Satellite view of Iran (with mask). This image was compiled from data acquired by LANDSAT 5 & 7 satellites., Iran, Middle East, Asia, True Colour Satellite Image With Mask (Photo by Planet Observer/Universal Images Group via Getty Images) Planet Observer | Universal Images Group | Getty Images U.S. President Donald Trump said negotiations with Iran…
The yen held firm on Tuesday as traders remained on alert to the prospect of a coordinated currency intervention by authorities in the U.S. and Japan. Twenty47studio | Moment | Getty Images Japan’s finance ministry said Monday it had conducted a coordinated yen-buying operation with the U.S. Treasury on Friday, marking a rare joint move…
An oilfield crew, contracted by the Railroad Commission of Texas (RRC), works a service rig during a state-funded oil well plugging operation in Midland, Texas, US, on Thursday, Sept. 25, 2025. Eli Hartman | Bloomberg | Getty Images Oil prices fell Monday in Asia trading as investors pared geopolitical risk premiums after U.S. President Donald…
For months, I have been after Amazon CEO Andy Jassy to give us “line of sight” into something that can explain why they’re is spending so much money building out all of these data centers. I wanted to know if this is just some sort of rainbow without a pot of gold, or whether there…
The jobs market steps into the spotlight this week, while second-quarter earnings season continues apace. Here’s a closer look at what to expect in the coming days. We’ll start with the Club holdings set to report, before touching on the labor-market updates and their implications for Federal Reserve policy. 1. Earnings : The action kicks…
Following Microsoft’s (MSFT) Q4 earnings and record-setting appreciation ($450 billion in market capitalization gained in a single trading day!), the immediate binary event risk is officially behind us. Despite the surrounding noise regarding elevated AI capital expenditure, the fundamental engine of the business remains fully intact, presenting an exceptionally high-probability income trade: selling the August 21st weekly…
