OpenAI, amid its $500 billion valuation, has acquired Roi, a startup specializing in AI-powered financial advice for stocks and cryptocurrencies. The deal, executed as an acqui-hire, illustrates OpenAI’s escalating ambitions in fintech while stirring questions about regulatory compliance.
Consolidated Portfolio Review Corp signaled its continued interest in MetLife, Inc. by raising its stake in the second quarter. A recent SEC filing reports a 6.8% increase, reflecting a strategic investment in the financial services giant.
Erin Pryor, Chief Marketing and Experience Officer at First Horizon, has been named one of Memphis Business Journal’s 2025 Women Who Lead. Her commitment to client-centric innovation and growth in financial services earned her this prestigious recognition.
City Center Advisors LLC purchased 645 shares of American Express in the second quarter, according to a recent filing with the Securities & Exchange Commission. The new stake is valued at around $206,000 and underscores the fund’s interest in a prominent payment services company.
Acadian Asset Management LLC has dramatically reduced its stake in MetLife, Inc., cutting over 400,000 shares during the first quarter. The firm now holds 146,211 shares of the financial services provider, valued at $11,735,000.
WBI Investments LLC has disclosed a 19.5% decrease in its position in OneMain Holdings, Inc. during the first quarter. The institutional investor sold 4,304 shares, leaving it with 17,821 shares in the financial services provider, according to a recent 13F filing with the SEC.
Arete Wealth Advisors LLC revealed it sold 36 shares of Kinsale Capital Group, reducing its stake by 3.1%. The firm now owns 1,120 shares of the financial services provider, according to a recent 13F filing with the Securities and Exchange Commission.
Voleon Capital Management LP has purchased 149,656 shares of U.S. Bancorp, valued at around $6.3 million. This move is part of a series of institutional changes involving the banking giant, with other investors also adjusting their stakes in the company.
EP Wealth Advisors LLC has expanded its position in Fiserv, Inc. by 23.6%, raising its total holdings to 15,517 shares. The increased stake, valued at $3.43 million, was revealed in the firm’s recent SEC filings.
Federal Reserve interest rate cuts often benefit the entire stock market. However, companies tied to housing, finance, and broader economic growth—such as Home Depot, Bristol Myers Squibb, and Capital One—may see additional gains.
