As the adoption of generative AI in business continues to grow, the banking sector is the latest to embrace the technology, aiming to boost productivity and streamline operations. Wells Fargo Managing Director and Head of US Large-Cap Bank Research Mike Mayo joins Yahoo Finance Live to discuss his top AI picks in the banking industry, emphasizing that "if a bank does not have a good AI strategy, I would say they don't have a strategy." Mayo names JPMorgan (JPM) as his "best-in-class" pick, stating that the bank has the potential to become "the Nvidia of banking." He highlights that "more than any other bank" JPMorgan possesses the necessary resources, spending power, data, processes, and personnel to successfully implement and leverage AI across its business. Mayo notes JPMorgan's massive amount of data "is the fuel for AI," which the bank can utilize to gain valuable insight into its operations. Like TikTok's recommended content algorithm, JPMorgan can take advantage of "predictive behavior" models for its consumers.  On the other hand, Mayo identifies Citigroup (C) as his "worst-in-class" pick, stating that "they've failed the last twelve restructurings." He notes that the bank has fallen short on returns and efficiency. However, Mayo says that their consolidation into "five lines of business" could make it easier to tackle problems in each segment. "If they simply meet their targets, they will probably have some of the best year-over-year performance of any large bank."  For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Angel Smith

These mobile games pay you real crypto. Here’s how to enable Bitcoin and Ethereum earnings and cash out after playing.

Bitcoin (BTC-USD) has been on a tear since the approval of the spot bitcoin ETF. Within the past month, inflows for financial firms offering the ETFs have been in the billions. Popular crypto exchange Coinbase (COIN) has been at the center of crypto trading, with shares of the company up 50% since the start of the year.  Citizens JMP Director of Financial Technology Research Devin Ryan joins Yahoo Finance to discuss the compelling upside case to the crypto exchange.   Ryan highlights the opportunity present in Coinbase, calling it an "on-ramp" into the asset class: "We've been framing Coinbase as, a little bit cliche, but as the Amazon (AMZN) of crypto. And what I mean by that is they got into buying and selling as an exchange; really, that was the first foray into crypto. That's becoming increasingly commoditized. There's still going to be huge growth in the exchange platform, but Coinbase is really the primary on-ramps into the asset class, so if folks want to get involved in payments or remittance or, in our opinion, tokenization of real-world assets, web three, they have their own blockchain called base, they're going to be involved in virtually every aspect of how this industry grows, and then there is going to be parts of this industry, in our opinion, that are idiosyncratic to crypto." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino

US House lawmakers are convening to vote on the bill that could strong-arm TikTok parent company ByteDance to sell the popular social media platform or face a ban in the United States. By the time of this video's publishing, House lawmakers voted 352 to 65 to pass the bill. CFRA Research Senior Equity Analyst Angelo Zino and 22V Research Senior Managing Director Kim Wallace talk about the broader implications if the bill goes through and how Senate leadership could be expected to vote on it. "It does have support from the White House, but we also need to... understand that if this eventually kind of fully goes through, there's also kind of legal aspects to it. So what I would tell investors out there is don't expect to necessarily get an outcome in a way to kind of play this necessarily overnight..." Zino says, cautioning on the long-term effects of a ban down the road into 2025. "We've heard from some leading Democrats who chair committees — Commerce and Intelligence — that they have reservations about some of the drafting of the bill," Wallace explains. "All points to a negotiation. Whether or not that's protracted... whether it's weeks, months, or longer, we're at the beginning of finding out." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.

The NASDAQ 100 (^NDX) is beginning to pull back Wednesday morning after record highs in the stock market. The tech sector, which has led the recent rally, is beginning to slow, with some on Wall Street expecting a correction. Ned Davis Research Group Chief US Strategist Ed Clissold joins Yahoo Finance to explain the pullback and how it may drive Fed policymaking.  Clissold signals the market's health: "It's an ongoing bull market. The concern right now is, 'Is the economy too strong for the Fed to cut rates?' That's actually a pretty good place to be. We think the Fed maybe will cut maybe a couple of times this year but, in fact, the market has done better when the Fed has cut slowly, up about 24% in the next year, that's not a forecast, just the average historically, versus 0.5% when the Fed has cut quickly, 5 or more times in a year, so this actually a pretty good place to be... If there's a pullback, that could be healthy for the long term, but big picture, things are in pretty good shape." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino

Spot bitcoin exchange-traded funds took in 14,706 BTC, or over $1 billion, in net inflows on Tuesday, data tracked by BitMEX Research shows.

Uphold's research lead drops tantalizing hint, sparking renewed speculation: Could XRP ETF be on horizon?

On March 12, net bitcoin ETF inflows hit over $1 billion — a new daily record — according to data from BitMEX Research.

New York Community Bancorp (NYCB) continues to feel the pressure a year after the collapse of Silicon Valley Bank. That stress may be alleviated as Former Treasury Secretary Steve Mnuchin leads a team of investors poised to inject the regional bank with a $1 billion bailout. KBW Head of US Bank Research Chris McGratty joins Yahoo Finance to discuss NYCB's commercial real estate concentration issue and broader challenges for the regional banking sector. To address the bank's significant share of commercial real estate, McGratty outlines several paths forward for New York Community Bancorp's management:"The concentration issue is something that they're trying to address. Now if they were to sell this portfolio, the mark they would have to take given where interest rates are would be capital destructive. So it would reverse tangible book value. It would pressure earnings even further. You have to take a step back and say what could they sell, what could they reduce or take off their balance sheet. We estimate there's roughly $24 to $25 billion of loans on the balance sheet that could either be sold or securitized. And really the mark would be less punitive. Now it does increase the CRE concentration proportion on their balance sheet, but it's one step I think they need to take." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino

As part of the latest installment of Yahoo Finance's Good Buy or Goodbye, Tematica Research Chief Investment Officer Chris Versace joins Julie Hyman to give his takes on chip stock Marvell Technology (MRVL) on AI momentums and retailer Dillard's (DDS) as the latter contends with slowing consumer spending in department stores. Marvell is Versace's Good Buy on its exposure to telecom networks whose 5G networks will be pushed to adopt artificial intelligence to keep up increasing user activity. "So as this virtuous circle of data just explodes, not just because of ongoing 5g adoption, not just because of other applications that are coming, but really in the near-term, this explosion due to AI, network spending is going to have to catch up," Versace explains. "In the near term, what are we going to see? network capacity levels will continue to rise..." Versace picks Dillard's as his Goodbye, citing declines in department store foot track as wage growth lags behind inflation. Catch more of Good Buy or Goodbye, or watch this full episode of Yahoo Finance Live here. Editor's note: This article was written by Luke Carberry Mogan.