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Stablecoins Could Drain $500 Billion from US Banks, Standard Chartered Warns

Key Points Stablecoins could pull $500 billion in deposits out of U.S. banks by the end of 2028, according to Standard Chartered. Regional banks would be the most exposed to this "deposit flight." The issue stems from a loophole in a new stablecoin regulation bill that allows third parties to pay interest on the tokens. Banking lobbyists are pushing to close the loophole, while crypto...

Big Tech Earnings: Can Microsoft and Meta Justify Their Massive AI Spending?

Key Points Microsoft and Meta are under pressure to show that their massive AI investments are paying off. Alphabet has taken the lead in the AI race, with its stock surging after the release of Gemini 3. Big Tech is expected to spend over $500 billion on AI this year. There are growing doubts about whether the real-world benefits of AI are living up to...

GM’s Strong Earnings Report Boosts Stock, Overshadows EV Woes

Key Points GM's fourth-quarter earnings and revenue beat Wall Street's expectations. The company announced a new $6 billion stock buyback and raised its dividend. The company's EV business is still struggling, with sales down 43% in the fourth quarter. GM is facing headwinds in 2026, including up to $4 billion in additional tariff costs. General Motors had a great fourth quarter, beating Wall Street's expectations...