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Baird Says Zoom’s 2023 Investment in Anthropic Could Be Worth at Least $2 Billion

Baird Says Zoom’s 2023 Investment in Anthropic Could Be Worth at Least $2 Billion

by Midsou_Admin | Jan 26, 2026 | Uncategorized

An investment Zoom made in Anthropic in 2023 could be worth between $2 billion and $4 billion, CNBC reported Monday (Jan. 26), citing analysts from Baird. The companies announced in May 2023 that they had partnered and that Zoom Ventures had invested in Anthropic,...
Humanoid Robots Are Falling Short on Efficiency

Humanoid Robots Are Falling Short on Efficiency

by Midsou_Admin | Jan 26, 2026 | Uncategorized

Humanoid robots have become one of the most visible symbols of artificial intelligence (AI) moving from software into the physical economy. Built to walk, lift, grasp and interact in human environments, they are often positioned as a general-purpose answer to labor...
Banking Groups Urge Congress to Reject Credit Card Competition Act

Banking Groups Urge Congress to Reject Credit Card Competition Act

by Midsou_Admin | Jan 26, 2026 | Uncategorized

Eleven banking and credit union groups sent a joint letter to members of Congress, urging the lawmakers to reject the Credit Card Competition Act (CCCA) and any expansion of the Durbin amendment. “The payment card system is convenient, secure and essential to the...
Luxury Sector Turns to Wealthy Americans to Boost Business

Luxury Sector Turns to Wealthy Americans to Boost Business

by Midsou_Admin | Jan 25, 2026 | Uncategorized

Luxury goods makers are reportedly hoping wealthy American shoppers can buoy their business in 2026. This comes after a year in which sales in the sector flatlined, the Financial Times (FT) reported Sunday (Jan. 25). Now, analysts at Barclays and HSBC are forecasting...
AI Demand Leads to Boom in Memory and Storage Stocks

AI Demand Leads to Boom in Memory and Storage Stocks

by Midsou_Admin | Jan 25, 2026 | Uncategorized

AI-driven chip demand has fueled a surge in memory and computer storage stocks. That’s according to a Sunday (Jan. 25) report from the Financial Times (FT), which noted that while data storage companies had long been considered a less glamorous part of the IT hardware...
Sen. Warren Says CFPB Hurts President Trump’s Affordability Push

Sen. Warren Says CFPB Hurts President Trump’s Affordability Push

by Midsou_Admin | Jan 25, 2026 | Uncategorized

President Donald Trump has been lobbying for a 10% cap on credit card interest rates. But according to Sen. Elizabeth Warren, Trump’s own administration has been undermining what the president has characterized as a push to improve affordability, CNBC reported Friday...
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