Investor appetite for StubHub and Klarna is especially compelling at a time when consumer sentiment starting to slump.
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The latest jobs report appeared to confirm that America’s labour market is slowing, which may clinch the rate cut markets are salivating over.
Last year marked the first time since Bain & Co started tracking data in 2005 that the private equity industry shrunk.
In the last decade, global government bonds with maturities over 10 years suffered a median loss of 2% in September, according Bloomberg.
The pair invested early in bitcoin, becoming some of the world’s first bitcoin billionaires and launching Gemini in 2014.
Through August, Wall Street began rotating into small cap companies and sectors outside the bounds of the AI trade.
After the Peet’s acquisition, Keurig Dr Pepper says it will split into two companies: one focused on coffee and the other on soft drinks.
The “open banking” rule goes back to the 2010 Dodd-Frank Act that introduced sweeping financial reforms after the Great Recession.
Part of the investor pullback comes after an MIT report that checked in on the billions that companies have spent on generative AI.
The big surprise was a brand new, $1.6 billion stake in UnitedHealth, accumulated entirely during the second quarter.
Zelle was launched in 2017 as an alternative to peer-to-peer payment platforms like PayPal and its subsidiary Venmo.
President Trump signed an order to open up cryptocurrency and private equity to 401(k) plans, but there’s no guarantee they come rolling in.
Berkshire’s stock has slipped more than 13% since Buffett announced in May that he would step down at the end of the year.
The company’s shares soared 250% in their New York Stock Exchange debut, yielding a market capitalization of $47 billion.
With CyberArk, Palo Alto enters into the “identity security” market, now at an “inflection point” due to the rise of agentic AI.
The deal will help bolster Evercore’s presence in Europe, where it placed 13th by deal volume in PwC’s advisory rankings last year.