Walmart Adds Crypto, BlackRock Bets on AI Data Centers
**Walmart’s OnePay App to Support Bitcoin and Ethereum**
Walmart is stepping further into the world of finance. Its OnePay app, which is part of the retail giant’s growing fintech strategy, will soon let users buy, sell, and store popular cryptocurrencies like Bitcoin and Ethereum. This move makes it easier for everyday shoppers to manage crypto directly through an app they already use for financial services. With more retailers embracing digital assets, Walmart’s latest update signals a bigger shift toward mainstream crypto adoption.
**BlackRock Eyes $20 Billion AI Data Center Deal**
BlackRock is getting serious about artificial intelligence. The global investment firm is leading a group that’s close to securing a $20 billion deal to buy Aligned Data Centers, a major player in the data infrastructure space. As AI technology grows rapidly, data centers have become crucial. BlackRock’s move shows it wants a big piece of the AI-driven future, where power-hungry servers need reliable hosting and support.
**Goldman Sachs CEO: Bull Market Looks Good, but AI Shake-Up Is Coming**
David Solomon, CEO of Goldman Sachs, says he’s not worried about the current stock market surge. In fact, he sleeps well at night. But he also warned that not all companies riding the AI wave will survive. Some winners will rise, but many others may fall once the hype fades and real performance starts to matter. Investors should stay alert as the market shifts.
**SEC Investigating Startup Exchange Tied to Scientology**
The U.S. Securities and Exchange Commission (SEC) is looking into Dream Exchange, a startup stock exchange. Investigators are digging into possible financial misconduct and alleged links to Scientology. Former employees have shared concerns that company funds were misused. The probe adds pressure on the startup as it tries to establish itself in a competitive market.
**Wellington Management Grows in CLO Market**
Wellington Management is expanding its presence in the collateralized loan obligation (CLO) market. Emily Bannister, head of private credit at the firm, explained how they carefully assess the financial health of loans included in CLOs. As demand for private credit rises, Wellington’s strategy focuses on smart, risk-aware lending decisions.
**FICO Disrupts Credit Scoring with New Mortgage Tool**
FICO is changing how credit scores are shared with mortgage lenders. Now, banks and financial institutions can access FICO scores directly—without going through the big three credit bureaus: Experian, Equifax, or TransUnion. This could give lenders more flexibility and improve the mortgage process for borrowers.
**Bullish Launches Crypto Options Trading, Shares Jump**
Bullish, the crypto exchange that also owns CoinDesk, is adding options trading to its platform. This new feature allows investors to bet on crypto price moves in more complex ways. Since going public in August, Bullish has seen growing interest from traders looking for more tools in the digital asset market.
**Venture Capital Faces Uncertainty Amid Possible Government Shutdown**
A potential federal government shutdown could slow down venture capital activity and hurt startups. Delayed IPOs, paused government payments, and reduced investor confidence are some of the expected effects. If funding dries up or gets delayed, early-stage companies might struggle to stay afloat.
**Crypto Buying Frenzy Slows After Hot Summer**
Earlier this year, many companies jumped on the crypto bandwagon and started buying digital coins as part of their business strategies. But that trend has cooled off recently. With crypto prices fluctuating and stock values dropping for some of these firms, fewer companies are continuing large-scale crypto purchases. The hype has settled down—for now.