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Bloomberg: US Stocks Extend Drop as AI Fears Spread Across Sectors

“Against this backdrop, a Supreme Court decision on tariffs, which could come as early as the 20th, could have far-reaching market implications,” said Karl Schamotta, chief market strategist at Corpay Cross-Border Solutions.

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By Cross-Border
Feb 12, 2026
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Dollar extends declines as traders pull back rate hike bets
Cross-Border

Dollar extends declines as traders pull back rate hike bets

“Risk appetite has rebounded across the financial landscape on the prospect of less restrictive monetary policy from the Federal Reserve,” said Karl Schamotta, Chief Market Strategist at Corpay.

International Motorcoach Group Partners with Corpay to Provide Customers with a Streamlined Commercial Card Solution
Commercial CardsExpense management

International Motorcoach Group Partners with Corpay to Provide Customers with a Streamlined Commercial Card Solution

The collaboration between IMG and Corpay’s Payments Automation team will offer enhanced opportunities in the credit card and payment processing space for IMG members.

Post-pandemic boom in the service industry, loonie to see upside: Karl Schamotta
Cross-Border

Post-pandemic boom in the service industry, loonie to see upside: Karl Schamotta

Karl Schamotta, chief market strategist at Corpay, joins BNN Bloomberg to discuss Canada's economic strength as it dodges a GDP contraction for May.

Dollar advances with all eyes on Fed
Cross-Border

Dollar advances with all eyes on Fed

“There is sort of a mood shift going on out there with respect as to whether we will see that pivot or even hints of a dovish pivot here,” said Karl Schamotta, chief market strategist at business payments company Corpay, in Toronto.

How businesses can prepare for the federal election’s market impacts
Cross-Border

How businesses can prepare for the federal election’s market impacts

Read the article David Britten wrote for CFOtech

Strong dollar wipes billions off US corporate earnings
Cross-Border

Strong dollar wipes billions off US corporate earnings

“The big run-up in the US dollar, especially relative to euro and yen, has had a major lagging impact on earnings that we’re likely to see over a couple of quarters,” said Schamotta. Read Karl Schamotta's comments in the Financial Times article.

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