How Shopify and Meta are diving deeper into banking
American Banker·- Shopify has partnered with Meta to integrate agentic payments and AI-powered shopping capabilities using Meta's AI agent, Muse. - This collaboration allows Shopify merchants to be automatically discoverable and purchasable within Muse, leveraging the Universal Commerce Protocol to streamline transactions. - The initiative aims to increase Shopify's transaction volume and strengthen its embedded payments and finance agenda to compete effectively with traditional banks.Turn Shopify Stock Sell-Off Into A Profit Opportunity With This Spread Strategy
Investors Business Daily·TSX Rises as Easing Oil Prices Offset Fed Rate Hike Concerns
Baystreet·- Canada's main stock index rose 162.64 points to 35,668.92 on Friday, driven by easing oil prices that offset concerns over a potential Federal Reserve interest rate hike. - The decline in crude prices, with West Texas Intermediate futures dropping 3% to $99.28 per barrel, helped boost market sentiment despite rising U.S. inflation data showing August CPI up 0.4% month over month. - Technology shares led the sectoral gains with a 3.2% increase, while major Wall Street indexes also rebounded following four consecutive sessions of declines.