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Latest headlines from across the financial sector

Mastercard Hires for Crypto Just as Citrini Warns It Could Be Obsolete
Citrini's doomsday report flags Mastercard's Q1 2027 as a breaking point. Days later, Mastercard posts a crypto hiring call.

Do Visa’s New Sponsorships and AI Questions Subtly Shift the Long-Term Narrative For (V)?
In recent weeks, Visa announced a multi-year renewal and expansion of its global partnership with Oracle Red Bull Racing and Visa Cash App Racing Bulls, continued broadening its payments footprint through deals such as the Banqup collaboration, raised several billion US dollars via new senior notes, and faced regulatory pushback on acquisitions alongside fresh political and AI-related scrutiny of its business model. Beyond headline sponsorships, these developments together highlight how Visa...

Stocks to Watch Tuesday Recap: Workday, Home Depot, Paramount, FedEx
↘️ Workday (WDAY): The human-resources software group’s guidance missed Wall Street’s expectations and added fuel to investors’ recent worries over the risks that artificial intelligence poses to its business.
KKR (KKR) Price Target Decreased by 11.02% to 144.37

The 2 Biggest Earnings Risks Facing Interactive Brokers in 2026
Interactive Brokers builds its revenue engine for the long run, but 2026 may test its short-term momentum.
S&P Global (SPGI) Price Target Decreased by 11.09% to 550.84

U.S. Needs To Plan For AI Jobs Wipeout: JPMorgan CEO Dimon
White-collar workers, considered more likely to be on the firing line due to generative AI advances, were the focus of Citrini's own thought exercise. The firm, which offers thematic and global macro trading ideas, penned an essay, which is set in 2028 and looks back on the doomsday scenario that transpired.

Investment Advisor Trims Frontier Group Holdings Stock Worth $3.1 Million, According to Recent SEC Filing
Frontier Group Holdings operates a streamlined fleet serving around 120 airports, focusing on low-fare air travel across the Americas.

ValueAct Just Doubled Its Stake in This Beaten-Up SaaS Name. Should Investors Be Buying the Stock?
Investment firm ValueAct recently more than doubled its stake in Toast stock.

Could Stripe ‘salvage’ PayPal? What Wall Street has to say about the latest takeover talk.
PayPal has underinvested in its consumer business, an analyst says. But Stripe could still find value in it.

Bridger Dumps 301,000 Bath & Body Works Shares Worth $7.7 Million
This specialty retailer delivers personal care and home fragrance products through a broad network of stores and online channels.

Workday’s stock dives as earnings reveal the cost of competing in AI
Workday’s margin outlook came up short of expectations as the company steps up AI investments.

Dimon Sees Pre-Crisis Parallels as Rivals Do 'Dumb Things'
JPMorgan Chase CEO Jamie Dimon, asked about fierce competition across the financial industry, said he's starting to see parallels to the era before the 2008 financial crisis, when a rush to make loans ended disastrously. "Unfortunately, we did see this in '05, '06 and '07, almost the same thing the rising tide was lifting all boats, everyone was making a lot of money," Dimon told investors on Monday. While JPMorgan isn't willing to make riskier loans to boost net interest income, he said, "I see a couple people doing some dumb things. They're just doing dumb things to create NII." Dimon, who led the largest US bank through the 2008 financial crisis and scooped up two major competitors that collapsed, said he expects the credit cycle will eventually sour again though he is not sure when. Bloomberg News Finance Reporter Katherine Doherty joins Bloomberg Businessweek Daily to discuss. She speaks with Carol Massar and Tim Stenovec.

The Bull Case For Mastercard (MA) Could Change Following Ericsson Fintech Integration News - Learn Why
In February 2026, Ericsson and Mastercard announced a collaboration to integrate the Ericsson Fintech Platform with Mastercard Move, aiming to streamline global money movement, expand digital wallet services, and support financial inclusion, with rollout beginning in the Middle East and Africa. This tie-up links Ericsson’s platform, which serves over 120 million active users, to Mastercard Move’s very large network of endpoints across 200 countries and territories, potentially making it...

Nvidia’s earnings report is just a prelude to what should really matter for investors
The chip maker’s results are unlikely to be much of a catalyst for the stock as investors look forward to the GTC in March, one analyst says

Aon Reshapes Leadership Around Risk Capital And Reinsurance Growth Potential
Aon (NYSE:AON) has appointed Nick Fraccalvieri as CEO of Global Facultative for Reinsurance Solutions. Joe Peiser has been named CEO of Risk Capital, with both leadership changes announced recently. The new roles are focused on reinsurance digital capabilities, global strategy, and integrated risk capital solutions. Aon, trading on the NYSE under the ticker NYSE:AON, last closed at $319.33. The stock has seen a 42.8% return over 5 years and a 7.6% return over 3 years, while the 1 year...

Rising Credit-Loss Provisions And Big Deals Might Change The Case For Investing In Capital One (COF)
In recent weeks, Capital One Financial reported quarterly results that missed analyst earnings expectations amid higher credit-loss provisions, while progressing large acquisitions including Discover Financial Services and Brex to expand its payments and corporate banking footprint. At the same time, investigations by law firm Pomerantz LLP and growing concerns about credit quality, funding conditions, and regulatory scrutiny have contrasted with largely positive analyst ratings,...

Why did AI ‘science fiction’ spur market panic? We asked a behavioral-finance expert to find out.
Amid high AI valuations and fears of software displacement, a blog post from Citrini Research ignited a selloff as investors tried to front-run the exit

Stock Market Today, Feb. 24: Bank of America Slips as Economic Uncertainty Pressures Big Banks
Bank of America slipped as investors balanced concerns about the economy with signs that large banks remain profitable. With the stock lagging the broader market over the past year, investors are watching whether loan growth and interest income can help it regain momentum.

Morgan Stanley (MS) Rises Higher Than Market: Key Facts
In the latest trading session, Morgan Stanley (MS) closed at $168.79, marking a +1.19% move from the previous day.

'Trust Me': CEO Jamie Dimon Reportedly Set To Defend $2 Billion Weekly Spending Plan At JPMorgan
In a bid to justify JPMorgan Chase & Co. (NYSE:JPM)‘s $2 billion weekly expenditure, CEO Jamie Dimon is set to address investors at the annual investor day on Monday. Dimon is expected to make a case for the bank’s substantial spending as a key driver for future growth. This follows his previous call to shareholders to have faith in the potential returns of the investment, reported the Financial Times on Monday. The largest U.S. bank by assets is planning a condensed version of its traditional a

Stock Market Today, Feb. 24: Blue Owl Capital Rises After Tightening Withdrawals at Private Credit Fund
On Feb. 24, 2026, Blue Owl became the flashpoint in a $3 trillion private-credit stress test for retail investors.

Lightning Network powers 5,000 Bitcoin payments in 8 Hours at Las Vegas Event
One of the longest running criticisms of Bitcoin is that it cannot function as everyday money. The network’s proof of work design is energy intensive, transactions can take minutes to confirm, and throughput is limited compared to traditional payment rails like Visa or Mastercard. On ...

CME Group U.S. Treasury Open Interest Surges to Record High of 36.3 Million Contracts
CME Group, the world's leading derivatives marketplace, today announced that open interest (OI) in its deeply liquid U.S. Treasury futures and options set a new record of 36,328,151 contracts on February 19. The company's previous OI record hit in November 2025 with 35,120,066 contracts.

PayPal extends rally after report says Stripe eyes all or parts of company
Investing.com -- PayPal (NASDAQ:PYPL) shares rose for a second straight session on Tuesday as takeover speculation continued to swirl around the payments processor - this time with a potential buyer being named. On Monday, PayPal shares jumped 5.8% after Bloomberg reported that the company had attracted takeover interest amid its multi-year stock slump, without identifying a suitor. On Tuesday, shares added another 6.7% after Bloomberg reported that payments company Stripe is interested in buyin

What AI stock selloffs may be getting wrong in wealth management
With AI concerns crimping wealth management firms' stock values, an analysis by Fitch Ratings reveals the companies' underlying dynamics after a strong 2025.

Private-Credit BDC Market Offers a Choice: Cheap Public Funds or Richer Private Ones
Private credit lending involves high-rate debt issued to private companies that often carry yields of around 10%. The average redemption among nine leading private funds was close to 5% of net asset value, according to Moody’s Some BDCs exceeded that 5% cap and met the full redemption requests. The private funds also saw sizable inflows in the fourth quarter that in the case of Blackstone Private Credit Fund (Bcred), the largest private fund, exceeded redemptions.

Stripe May Be Looking to Buy PayPal. What It Means for the Stock.
Analysts agree an outright sale is unlikely, but they are split on whether the payments company is stagnating or undervalued.

State of the Union: Trump to announce plans for new tax cuts through budget reconciliation
Advancing any legislation through this process is now significantly more challenging given House Speaker Mike Johnson's shrinking margin in the lower chamber.

Oil prices ease, but traders remain on edge ahead of this week’s U.S.-Iran nuclear talks, OPEC+ meeting
Oil markets remain fixated on the threat of a U.S. attack on Iran — and this week could provide some clarity on the next move for crude prices, with talks between the two nations expected Thursday.

JPMorgan Chase Financial Company LLC Declares Quarterly Coupon on Alerian MLP Index ETN
NEW YORK, February 24, 2026--JPMorgan Chase Financial Company LLC announced today the quarterly coupon amount for the Alerian MLP Index ETN (NYSE Arca: AMJB). The table below summarizes the coupon amount for the Alerian MLP Index ETN due January 28, 2044 (the "Notes").

Cava reports surprise same-store sales growth, driven by menu prices
Cava CFO Tricia Tolivar said the company has been able to create a "bridge" in the increasingly K-shaped economy.

KKR Expands Across Education Healthcare And Infrastructure As Shares Face Pressure
KKR is acquiring a controlling stake in Southeast Asia’s XCL Education Holdings in a deal valuing the business at about $1.3b. Portfolio company Global Medical Response is preparing for a U.S. IPO. KKR is also in the running for new deals in India’s pharmaceutical sector and Australia’s smart metering business. For investors watching NYSE:KKR, these moves come after a mixed share price pattern. The stock closed at $92.19, with returns of 69.4% over 3 years and 107.9% over 5 years. This is...

Charles Schwab’s Epstein Disclosures Put Compliance And Investor Trust In Focus
Charles Schwab (NYSE:SCHW) disclosed its role in processing significant financial transfers tied to Jeffrey Epstein before his 2019 arrest. The firm reported that it flagged and ultimately terminated accounts associated with Epstein after identifying suspicious activity. Schwab outlined subsequent compliance reviews and internal actions taken in response to these findings. For you as an investor, this story goes straight to the core of what Charles Schwab does and how it manages risk...

Market Chatter: CoreWeave Targets $8.5 Billion Loan for Meta's Cloud Computing Deal
CoreWeave (CRWV) is aiming to raise nearly $8.5 billion from banks, including Morgan Stanley (MS) an

Will Apollo (APO) Revamp Its EMEA Strategy or Just Refresh the Leadership Profile?
In February 2026, Apollo Global Management said Diego De Giorgi, a veteran banking executive and former Standard Chartered CFO, would join as Partner and Head of EMEA, succeeding longtime partner Rob Seminara who will transition to new global responsibilities. De Giorgi’s appointment underscores Apollo’s push to deepen its European presence across credit, equity, hybrid origination, and wealth and retirement solutions at a time of heightened scrutiny over its leadership and...

JPMorgan's Dimon Says U.S. Needs To Plan For AI Jobs Wipeout
JPMorgan Chase CEO Jamie Dimon said on Monday evening that AI may wipe out jobs "faster than we can adjust to" and advised the government to begin working with business to devise policies that may be needed to address the fallout. Dimon's comments on AI's job impact largely echoed those he made at the World Economic Forum in Davos, Switzerland, on Jan. 21, when he said it was important for public policymakers to "have plans in place to make it work better if in fact it does something terrible." As he did in Davos, Dimon envisioned the abrupt layoff of 2 million truck drivers replaced by autonomous trucks.

Sector Update: Financial Stocks Rise Late Afternoon
Financial stocks rose in late Tuesday afternoon trading, with the NYSE Financial Index increasing 0.

AI-linked fears roil some corners of Wall Street after years of hype and gains
Stocks surged to records in large part because of hope — and hype — about artificial intelligence.

Microsoft’s stock selloff is approaching a critical crossroads unseen in over 10 years
Shares of Microsoft are less than 3% above their 200-week moving average, which has provided key technical support in the past.

Why more CEOs are chatting directly with customers
Executives say it’s all about learning how to better run their businesses, but some corporate watchers question if this is just a PR move.

Why Openlane Stock is Drawing Institutional Investor Interest
Openlane operates a digital marketplace for used vehicles, serving dealers and commercial clients across North America and Europe.

Constellation Energy’s stock zooms toward highest level in weeks, even after outlook is postponed
Constellation Energy is keeping investors waiting for its yearly guidance, saying it will provide it in March. But that hasn’t dented the independent power producer’s stock, which zoomed toward its highest level in nearly six weeks on Tuesday, regaining some of its past luster.

Why AMD's megadeal with Meta shows Nvidia is still the best game in town
AMD gave up equity in its deals with Meta and OpenAI. Nvidia shareholders should be glad it doesn't need to go there.

Epstein Lurked at JPMorgan for Years After Bank Kicked Him Out
In February 2019 -- six months before he died in a New York jail cell -- Epstein used one of his trusts that had been kicked out of JPMorgan half a decade earlier to wire $150,000 to his girlfriend’s brokerage account at the bank. The transfer is just one example of the myriad ways Epstein stayed connected to the biggest US bank after it dropped him as a client in 2013, dozens of emails and other documents recently released by the US Department of Justice show. Multiple JPMorgan executives stayed in touch with Epstein after he moved his accounts to Deutsche Bank AG, often looping him in on business with other clients, including private equity titan Leon Black.

How The Merger Debate Is Rewriting The Story For American Water Works Company (AWK)
The latest analyst update for American Water Works Company trims the fair value estimate slightly, from US$138.70 to US$138.40, a shift of about 0.2%. That small move toward roughly US$139 is being framed very differently by bullish and bearish analysts, with one camp seeing risk now better reflected in the price and the other still focused on merger and execution questions. As you read on, you will see how these competing views shape the evolving narrative around the stock and what that...

The Anti-AI Trade Is Red Hot. Here’s What’s Beating Artificial- Intelligence Stocks.
Investors fleeing hard-hit software companies are taking comfort in stocks that might not get disrupted as much by the artificial-intelligence revolution. Analysts at Goldman Sachs noted in a report Tuesday that a basket of European companies it considers capital-intensive has outperformed capital-light stocks—in industries such as media, retail, business services, and software—by 35% since 2025. Airbus BMW Volkswagen Nestle Diageo and ASML were some of the companies in Goldman’s capital-intensive basket.

2 portfolio names hike their dividends — plus, we're raising our price target another
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

AI jitters are turning discount chains and shampoo makers into the stock market’s hottest trade — and that’s risky
Consumer staples, long seen as a safety play when tech stocks sell off, are now among the riskier bets on Wall Street.

IQVIA Holdings Inc. (IQV) Offers Impressive Upside Despite AI-Linked Threats
IQVIA Holdings Inc. (NYSE:IQV) is one of the 10 best life sciences stocks to buy according to hedge funds. On February 19, Jailendra Singh from Truist Financial reiterated his Buy rating for IQVIA Holdings Inc. (NYSE:IQV). He lowered the price target on the stock from $290 to $274, which still offers an impressive upside potential […]
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