Tesla shares soar on first robotaxi ride. Circle, Fiserv collaborate to bring digital assets to banks. Buy Now Pay Later app information will soon be on credit scores and Strategy makes its smallest bitcoin purchase in 6 months. Jane King has the latest from the NYSE.
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Thanks for me, Tesla's stock soared after it hosted its long awaited RoboTaxi test in Austin, Texas.
Shares were up as much as 10% on, uh, trading yesterday.
There were some bumps though.
Social media posted the RoboTaxis appearing to be going over the speed limit and swerving into the wrong lane.
Still, investors were encouraged as they see this as an important future business for Tesla.
Well, Circle and Pfizer have announced a collaboration to jointly.
Explore and develop stablecoin enabled solutions for financial institutions and merchants within the Pfizer ecosystem.
The companies say this collaboration will bring together Circle's comprehensive stablecoin platform, including its regulated USDC infrastructure and Circle Payments network with FiServe's industry-leading digital banking and payment capabilities.
The initiative aims to equip banks and FinTech, leveraging F5Serve's digital asset platform and branded stable.
With seamless access to digital dollar infrastructure enabling enhanced payments, real-time settlement, and expanding global reach.
Well, how well or how poorly Americans are managing their buy now pay later loans and could be reflected in their credit scores.
FICO plans to launch a suite of credit scores later this year that incorporate BNPL data, providing lenders a window into what's been a big blind spot, consumers repayment behavior on these increasingly popular.
Installment loans.
Well, in the meantime, Strategy bought $26 million of Bitcoin over the past seven days, the second smallest weekly acquisition announced by the digital asset Treasury Company in six months.
Now, the company formerly known as MicroStrategy, acquired 245 Bitcoin from June 16th to June 22nd at an average price of $105,856 each.
That's according to a filing with the SEC, and that is the latest headlines.