According to the announcement from SoFi, the project is expected to process over $25 billion in transactions annually. Settlements have been facilitated through the Mastercard global payment network, with SoFiUSD serving as the underlying digital settlement asset. The article mentions that this development raises a competitive issue regarding Ripple and RLUSD: if regulated large banks can issue their own stablecoins and directly connect to the global payment network, will there still be a need for third-party stablecoins for settlement?

JPMorgan maintains a 'overweight' rating on Boeing and a target price of $290, believing that the recently disclosed issues with the 737 MAX flight control software are unlikely to have a significant impact on the delivery of the MAX 8 and MAX 9 models at present. However, there are still potential risks for the delivery of the MAX 7 and MAX 10 models in 2027.

This article argues that the key to determining whether Alphabet is a good deal lies not in Berkshire Hathaway's purchase price, but rather in whether the company's annual capital expenditures of nearly $200 billion can be transformed into sustainable cloud profits and a new generation of business distribution rights. The article discusses whether Google is transitioning from a search advertising company to an AI infrastructure and action distribution platform, by considering Berkshire Hathaway's investments, Alphabet's financing and capital expenditures, Google Cloud's revenue and profit performance, as well as a case study of an entrepreneur using Gemini to accomplish real-world tasks.

NVIDIA CEO Jensen Huang recently refuted in an interview the predictions of Nobel laureate Geoffrey Hinton that the loss of control over AI could lead to social collapse, stating that such claims have no scientific basis and will only create panic. He said that continuously highlighting the threat of AI may make young people pessimistic about the future and even affect their expectations for education and employment.

Bitcoin fell back below $83,100 on Monday, after rising by more than 4% in the previous week. Ethereum dropped below $2,700, while XRP traded around $1.500. Despite the short-term pullback, Bitcoin remains above the 50-day, 100-day, and 200-day moving averages. The market is watching to see if it can once again break through to $85,000.