12 days ago
JPMorgan Chase (JPM) CEO Jamie Dimon sharpened his warning about the risks of a global bond sell-off on Tuesday, saying the world's massive competition for capital could begin squeezing corporate borrowers.
Dimon warned that the combination of rising government borrowing costs and spending on the AI boom could spill into corporate credit markets, pushing up the costs for companies to refinance or raise new debt.
"There will be a point where the market will ask for more and more and more, and yeah, at one point that'll feed into corporate debt, corporate credit spreads, and things like that, which is how it normally happens," Dimon said in a Bloomberg interview on the sidelines of a JPMorgan event in London.
"The best thing to do with any of these things is deal with it before it becomes a crisis. If it becomes a crisis, we will deal with it. It just will be in a much less pleasant way," he added.
The warning comes as a global rout in bonds has pushed longer-term borrowing costs sharply higher in recent weeks, with the benchmark US 10-year Treasury yield recently surpassing heights not seen since 2002.
#credit
Dimon warned that the combination of rising government borrowing costs and spending on the AI boom could spill into corporate credit markets, pushing up the costs for companies to refinance or raise new debt.
"There will be a point where the market will ask for more and more and more, and yeah, at one point that'll feed into corporate debt, corporate credit spreads, and things like that, which is how it normally happens," Dimon said in a Bloomberg interview on the sidelines of a JPMorgan event in London.
"The best thing to do with any of these things is deal with it before it becomes a crisis. If it becomes a crisis, we will deal with it. It just will be in a much less pleasant way," he added.
The warning comes as a global rout in bonds has pushed longer-term borrowing costs sharply higher in recent weeks, with the benchmark US 10-year Treasury yield recently surpassing heights not seen since 2002.
#credit
1 month ago
A startup is proving that there's value in finding creative solutions for returned and overstock inventory.
Buywander, an auction-based marketplace for returned and overstocked retail inventory, has just secured $21 million in fresh funding. Madrona Venture Group and Inspired Capital led the Series A funding round. This brings the Seattle-based startup's total funding to $28 million. Buywander said it will use the funding to accelerate national expansion, invest in technology, and grow its leadership team.
More from WWD
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Fullerton Backs Usha Yarns' Expansion in Recycled Fiber Production
#funding
Buywander, an auction-based marketplace for returned and overstocked retail inventory, has just secured $21 million in fresh funding. Madrona Venture Group and Inspired Capital led the Series A funding round. This brings the Seattle-based startup's total funding to $28 million. Buywander said it will use the funding to accelerate national expansion, invest in technology, and grow its leadership team.
More from WWD
Gatik Raises $200 Million as It Ramps Up Driverless Truck Fleet
Fullerton Backs Usha Yarns' Expansion in Recycled Fiber Production
#funding
1 month ago
By Gilles Guillaume
PARIS, Sept 7 (Reuters) - Premium German car brand Audi on Monday introduced a new compact electric vehicle to boost its presence at the smaller end of the European market, where Chinese automakers are launching more affordable models, and help revive its global sales.
Sales at Audi, a unit of Volkswagen, have fallen for two consecutive years and slid 7% in the first half of 2026 as fierce competition in China and U.S. tariffs hit demand.
"In Europe, we need compact and efficient cars for the future," Audi CEO Gernot Doellner told Reuters in a two-century-old industrial building in the heart of Paris where the new A2 e-tron was revealed to the press.
"Premium cannot just mean more — more power, more resources — it has to mean using resources more intelligently."
#reuters #premium #mean
PARIS, Sept 7 (Reuters) - Premium German car brand Audi on Monday introduced a new compact electric vehicle to boost its presence at the smaller end of the European market, where Chinese automakers are launching more affordable models, and help revive its global sales.
Sales at Audi, a unit of Volkswagen, have fallen for two consecutive years and slid 7% in the first half of 2026 as fierce competition in China and U.S. tariffs hit demand.
"In Europe, we need compact and efficient cars for the future," Audi CEO Gernot Doellner told Reuters in a two-century-old industrial building in the heart of Paris where the new A2 e-tron was revealed to the press.
"Premium cannot just mean more — more power, more resources — it has to mean using resources more intelligently."
#reuters #premium #mean
1 month ago
Visa has introduced an upgraded version of its A2A Protect solution, aimed at helping financial institutions identify account-to-account fraud before customer funds are transferred out.
The update includes a new unified fraud score. This marks the first in-market product to integrate technology from Featurespace since Visa acquired the company.
The unified score is designed to give banks clearer and faster signals for spotting fraudulent transactions. It also aims to cut down on false alerts.
Alongside the enhanced A2A Protect, Visa is building a separate capability called Visa Graph IQ.
According to the payments major, this tool uses graph-based, agentic technology to support deeper fraud investigations. It is designed to help institutions map out fraud networks, spot money mule activity, flag emerging threats, and speed up investigation timelines.
#protect #account #unified #technology
The update includes a new unified fraud score. This marks the first in-market product to integrate technology from Featurespace since Visa acquired the company.
The unified score is designed to give banks clearer and faster signals for spotting fraudulent transactions. It also aims to cut down on false alerts.
Alongside the enhanced A2A Protect, Visa is building a separate capability called Visa Graph IQ.
According to the payments major, this tool uses graph-based, agentic technology to support deeper fraud investigations. It is designed to help institutions map out fraud networks, spot money mule activity, flag emerging threats, and speed up investigation timelines.
#protect #account #unified #technology
2 months ago
Following a beat-and-raise earnings report for its fiscal second quarter last week, artificial intelligence behemoth Nvidia (NVDA) continues to tease a fresh breakout. And as it holds support above its 10-week moving average, Nvidia stock has also secured a spot on the Investor's Business Daily Leaderboard and the Stock Spotlight screen.
More than a dozen Wall Street ***** ysts raised their price targets on Nvidia after its bullish report. Now as a new week in the stock market kicks off, shares of the AI giant take aim at a new buy point in an early stage cup with handle, putting certain technical clues in focus.
In its latest report, Nvidia posted another quarter of stellar growth. Revenue rose 85% to $81.6 billion. Earnings spiked 130% to $1.87 per share. For the full fiscal year, ***** ysts forecast 89% sales growth to $407.27 billion and a 94% earnings increase to $9.27 a share.
Wall Street expects similarly stellar numbers for the next fiscal year as well. ***** yst estimates call for a 67% jump in sales growth to $681.18 billion and a 67% spike in earnings to $15.52 a share.
That bullish outlook has Nvidia stock flashing promising technical clues.
#fiscal
More than a dozen Wall Street ***** ysts raised their price targets on Nvidia after its bullish report. Now as a new week in the stock market kicks off, shares of the AI giant take aim at a new buy point in an early stage cup with handle, putting certain technical clues in focus.
In its latest report, Nvidia posted another quarter of stellar growth. Revenue rose 85% to $81.6 billion. Earnings spiked 130% to $1.87 per share. For the full fiscal year, ***** ysts forecast 89% sales growth to $407.27 billion and a 94% earnings increase to $9.27 a share.
Wall Street expects similarly stellar numbers for the next fiscal year as well. ***** yst estimates call for a 67% jump in sales growth to $681.18 billion and a 67% spike in earnings to $15.52 a share.
That bullish outlook has Nvidia stock flashing promising technical clues.
#fiscal
