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US regulators pause bank cyber exams so Wall Street can patch Mythos vulnerabilities

Weeks after Anthropic’s Mythos AI model sent shockwaves through the financial system, America’s top banking regulators are stepping back from the exam room to give the country’s largest lenders time to shore up their defences. The Federal Reserve and the Office of the Comptroller of the Currency are pausing some cyber-related examinations of the biggest […]

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ICE plans compute futures contracts as Wall Street races to turn GPU power into a tradable commodity

  Intercontinental Exchange, the parent company of the New York Stock Exchange, is preparing to launch futures contracts tied to the cost of computing power, marking the latest sign that Wall Street sees AI infrastructure as the next great commodity market. ICE announced on Monday that it will team with Ornn, a financial-infrastructure firm whose […]

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Coursera announces $500 million buyback one week after closing its $2.5 billion Udemy merger

  Coursera has announced a $500 million share repurchase programme, its first buyback since going public in 2021 and one that arrives exactly one week after the online learning company completed its merger with Udemy. The board approved the programme on Sunday 18 May 2026, funding it from existing cash balances and cash flow from […]

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The Winklevoss twins paid 2.5x the share price to lift Gemini off the floor

Gemini Space Station shares surged more than 20% in premarket on Friday after the Winklevoss Capital Fund bought $100m of stock at $14, well above Thursday’s $5.26 close, and the exchange reported a smaller Q1 loss than expected. The Winklevoss twins have written a $100m cheque to their own company. Winklevoss Capital Fund, the family […]

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Figma’s numbers say AI is a tailwind. Its stock price says the market isn’t sure.

  For ten months, Figma has been a case study in how quickly Wall Street can fall out of love. The company went public on 31 July 2025 at $33 a share, soared past $140 on its debut, and has spent most of 2026 in freefall,  battered by Google’s free Stitch design tool, Anthropic’s Claude […]

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Coutts raised its minimum to £3 million. Revolut just set its at £500,000. The mass-affluent gap is the point.

  Revolut is planning to launch a private banking unit in the United Kingdom and parts of Europe as soon as this summer, according to a person with knowledge of the matter. The eligibility threshold is 500,000 pounds, roughly 675,000 dollars. Coutts, the private bank owned by NatWest that has served the British establishment since […]

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Coutts raised its minimum to £3 million. Revolut just set its at £500,000. The mass-affluent gap is the point. Read More »

JPMorgan just filed for its second tokenized fund on Ethereum. Wall Street’s blockchain moment is no longer theoretical.

  JPMorgan Chase filed paperwork on Tuesday for its second tokenized money market fund, four months after becoming the largest global systemically important bank to put a fund on the Ethereum blockchain. The JPMorgan OnChain Liquidity-Token Money Market Fund, ticker JLTXX, will issue digital tokens on Ethereum representing shares in a portfolio of US Treasuries […]

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JPMorgan just filed for its second tokenized fund on Ethereum. Wall Street’s blockchain moment is no longer theoretical. Read More »

ServiceNow lines up $4bn bond sale to refinance Armis acquisition debt

ServiceNow is looking to raise approximately $4bn in a US high-grade bond sale to refinance debt taken on to fund its acquisition of cybersecurity firm Armis Security, Bloomberg reported on Monday. JPMorgan Chase, Wells Fargo, Barclays and Citigroup organised investor calls on Monday ahead of the issuance. The trade will replace a $4bn unsecured term […]

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Nintendo shares fall 7% as Switch 2 price hike and thin pipeline land in the same forecast

FY27 hardware guidance is for 16.5m Switch 2 units, down 17%. Memory and shipping costs add a ¥100bn drag. The US price moves to $499.99 in September; Japan goes to ¥59,980 from 25 May. Nintendo shares dropped roughly 7% in Tokyo trading on Monday after Friday’s full-year results paired a record fiscal year with a […]

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