Bank of America vs Goldman Sachs

Taboola Offers to Acquire Finance Ad Network Dianomi

Taboola has made an offer to acquire Dianomi, a UK-based ad tech company specializing in connecting financial advertisers with premium business and finance publishers. The deal includes a cash component and potential earnout provisions, valuing Dianomi between £19 million and £27 million (roughly $25-$36 million). The acquisition is expected to close before the end of 2026, pending regulatory approval and a shareholder vote. Dianomi's publisher partners include Reuters, CNN Business, The Wall Street Journal, and The Times, with advertiser clients like Charles Schwab and Bank of America. Taboola plans to integrate Dianomi into its Realize performance advertising platform, expanding its supply side and reach into the finance vertical. The article also notes that 33Across rebranded to WealthStage the same week, indicating a broader industry trend toward vertical specialization in financial services advertising.

• Taboola has made an offer to acquire Dianomi, a UK-based finance-focused ad network.
• The deal values Dianomi between £19 million and £27 million (roughly $25-$36 million).
• The acquisition is expected to close before the end of 2026, subject to regulatory approval and shareholder vote.

BofA CashPro app sees €100B payments approved in Europe

Bank of America announced that European companies approved over €100 billion in payments through its CashPro mobile app in the first seven months of 2026, with transaction volume up 25% and payment value up 21% year-over-year. The bank reported that 74% of European CashPro users now prefer the mobile token for authentication. The company has enhanced the payment approval experience based on client feedback and is developing new digital identity verification capabilities for corporate administrators. The app is part of Bank of America's corporate treasury platform, used by over 35,000 companies globally.

• European clients approved over €100 billion in payments via CashPro App in first seven months of 2026.
• CashPro App transaction volume rose 25% and payment value increased 21% in the same period.
• 74% of CashPro users in Europe prefer the mobile token for authentication.

10-Year Treasury Yield Breakout Above 5% Could Pressure Stocks and AI Trade

Ruchir Sharma, founder and CIO of Breakout Capital, warned that a decisive break above 5% on the 10-year Treasury yield could spell trouble for equity markets, particularly the artificial intelligence trade. The 10-year yield touched 5% this week, reaching a 19-year high, before pulling back to 4.94%. Sharma notes that above 5.25%, equity prices historically decline, as the equity-bond correlation turns positive. Higher yields increase the discount rate on future profits, reducing stock values. The Fed raised rates by 25 basis points to 3.75%-4% and signaled further hikes, with inflation above target until 2029. Mega-cap AI companies are increasingly tapping bond markets for infrastructure spending, and Goldman Sachs notes higher capital costs reduce the value of their future cash flows.

• The 10-year Treasury yield touched 5% earlier this week, a 19-year high, before pulling back to 4.94%.
• Breakout Capital's Ruchir Sharma warns that a decisive break above 5% could pressure stocks and the AI trade.
• The Federal Reserve raised the federal funds rate by 25 basis points to 3.75%-4% on Wednesday.

Nvidia CEO predicts 70% revenue growth amid AI infrastructure surge

At the Goldman Sachs Communacopia + Technology conference, Nvidia CEO Jensen Huang reiterated his forecast of 70% year-over-year revenue growth for the next fiscal year, driven by soaring demand for AI infrastructure. Huang emphasized that Nvidia's products are no longer simple chips but massive computing systems costing up to $8.5 million, with thousands shipped. He cited 27% month-over-month growth for the GB200 NVL72 system, combining Grace CPUs and Blackwell GPUs. Huang also addressed concerns about competition from hyperscalers and AI labs building their own chips, as well as startups like Cerebras and Etched, asserting Nvidia's foundational role across the AI ecosystem. He dismissed criticisms of 'circular' investments, claiming $100 billion in verified contracts from AI companies. The company expects to end the current fiscal year at around $400 billion in revenue, with 70% growth implying approximately $680 billion next year.

• Nvidia CEO Jensen Huang reiterated 70% year-over-year revenue growth guidance for next fiscal year.
• Nvidia expects around $400 billion revenue this fiscal year, implying ~$680 billion next year.
• The GB200 NVL72 system, combining 36 Grace CPUs and 72 Blackwell GPUs, saw 27% month-over-month sales growth.

Goldman Sachs Opens New Engineering Office in Bellevue, Wash.

Goldman Sachs announced the opening of a new engineering office in Bellevue, Washington, as part of its ongoing expansion of engineering capabilities.