Author: Admin

Free NewsletterGet the hottest Fintech Singapore News once a month in your InboxThe payment industry is undergoing a profound transformation, driven by growing demand for seamless, contactless, and autonomous experiences, alongside an accelerating rollout of artificial intelligence (AI) and machine learning (ML) throughout the payment value chain.In the Asia‑Pacific (APAC) region, consumer adoption of AI‑driven shopping tools is soaring, laying fertile ground for agentic payments that act on behalf of buyers. Yet, a new Visa survey reveals that lingering concerns about security and transparency are creating hesitation at the moment of checkout.The survey, which polled more than 14,700 consumers across…

Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today’s guests are Robinhood Markets’ Stephanie Guild, Generate:Biomedicines’ Mike Nally, S&P Global’s Simon Gallagher, Inflation Insights’ Omair Sharif, Lightshed Partners’ Rich Greenfield, Fidelity’s Jurrien Timmer, Institute for Advance Study’s Alondra Nelson, Hornets Sports and Entertainment’s Shelly Cayette-Weston, Raising Cane’s Aj Kumaran, and Carnegie Endowment for International Peace Senior Fellow Aaron David Miller. (Source: Bloomberg)

Anthropic says it will challenge Pentagon’s supply chain risk designation in court

Grok will let its model be used for classified purposes, while Anthropic has refused to let its products be deployed for autonomous weapons or mass surveillance.

Key PointsData centers are the facilities that provide artificial intelligence (AI) software with the hardware it needs to operate. Gartner projects that data center spending by big tech companies is set to grow almost 32% to $650 billion.All that money will be flying in lots of different directions, and it can be hard to keep track of where to put your money in order to capitalize on that opportunity. If you can only buy one stock to profit from the AI hardware trend, what should it be?Will AI create the world’s first trillionaire? Our team just released a report on…

A landmark law that limits children under the age of 16 to one hour per day on social media apps has been blocked by a US court, in a blow to child safety campaigners seeking to limit exposure to sites such as Instagram and YouTube. In an opinion released on Friday, a federal judge in Virginia halted the enforcement of a bill passed by the state last year, under which social media companies could be fined $7,500 per violation.The state “does not have the legal authority to block minors’ access to constitutionally protected speech until their parents give their consent…

faces headwinds in 2026, including weak oil prices and weakened market sentiment, but it remains a buy for long-term investors. This high-quality play on unconventional oil in West Texas and New Mexico continues to grow its business. It is expanding its acreage, proven reserves, operating wells, and production, generating positive cash flow and returning capital to shareholders. The key takeaway is that it is also improving quality, setting itself up for long-term success at current oil price levels and an accelerated earnings rebound if (when) oil prices recover.Insider activity is among the numerous factors highlighting this company’s quality. Insiders own…

.com, Inc. has announced a landmark $50 billion investment in OpenAI as part of the AI company’s record-breaking $110 billion funding round, the largest private financing in history. The deal, announced Friday, February 27, 2026, pairs a massive capital commitment with a multi-year strategic partnership that positions Amazon Web Services as the exclusive third-party cloud provider for OpenAI’s enterprise platform. For Amazon, the move represents its most aggressive and high-profile bet yet on the future of AI infrastructure and model development. Inside the $50 Billion Investment Agreement Amazon’s $50 billion investment will arrive in phases, an initial $15 billion commitment…

Sammons Financial Group Inc. announced it donated nearly $4.6 million to charitable organizations across its corporate locations in 2025, with employees contributing more than 11,000 volunteer hours. The company’s community support focused on education, health care, hunger relief, homelessness, diversity and inclusion and services for individuals with disabilities, bolstered by its matching gift program. The West Des Moines headquarters led contributions with $1.2 million in donations and 6,500 volunteer hours, followed by Sioux Falls with $1.1 million and 4,000 hours. “Giving back remains a core part of who we are as an employee-owned company,” Rob TeKolste, President of Sammons Financial…

Erste Asset Management GmbH reduced its holdings in The Home Depot, Inc. (NYSE:HD – Free Report) by 20.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 145,447 shares of the home improvement retailer’s stock after selling 37,120 shares during the quarter. Erste Asset Management GmbH’s holdings in Home Depot were worth $59,285,000 at the end of the most recent quarter. A number of other institutional investors also recently added to or reduced their stakes in HD. Silphium Asset Management Ltd grew its holdings in Home…