Finance

Finance

Warren Buffett Reveals Multibillion-Dollar Pre-Retirement Bets

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The big surprise was a brand new, $1.6 billion stake in UnitedHealth, accumulated entirely during the second quarter.

2 min read

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Finance

New York Accuses Bank-Backed Zelle of $1 Billion Security Bungle

Zelle was launched in 2017 as an alternative to peer-to-peer payment platforms like PayPal and its subsidiary Venmo.

2 min read
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Investments

Private Equity, Crypto Get Ready to Spice Up 401(k)s

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.

2 min read
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Finance

Berkshire Shares Tumble as Buffett Has Five Months Left at the Helm to Make a Big Deal

Berkshire’s stock has slipped more than 13% since Buffett announced in May that he would step down at the end of the year.

2 min read

Finance

Barnburner Figma IPO Offers Good Omen as Klarna Reconsiders Debut

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The company’s shares soared 250% in their New York Stock Exchange debut, yielding a market capitalization of $47 billion.

2 min read

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M&A

Palo Alto Networks Broadens Cybersecurity Consolidation With $25B Deal

With CyberArk, Palo Alto enters into the “identity security” market, now at an “inflection point” due to the rise of agentic AI.

2 min read
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Banking

Evercore’s Purchase of Robey Warshaw May Birth Trans-Atlantic M&A Titan

The deal will help bolster Evercore’s presence in Europe, where it placed 13th by deal volume in PwC’s advisory rankings last year.

2 min read
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Finance

Can the S&P 500 Sustain a #HotStockSummer?

On Tuesday, the S&P 500 closed down 0.3%, snapping a remarkable streak of six straight closing highs through Monday.

2 min read

Blockchain

Stablecoins Are Here to Stay. Who Stands to Gain From Them?

Photo illustration by Connor Lin / The Daily Upside, Photos by Hammad Khan via iStock and Chris Kleponis/ZUMAPRESS/Newscom

Companies that have been waiting on the crypto sidelines are likely about to jump in the game following the passage of the GENIUS Act.

4 min read

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M&A

Watch Your Freight: Railroad Giants Talk $200 Billion Merger

A merger between Norfolk Southern and Union Pacific would create a coast-to-coast rail operator, something that doesn’t exist in the US.

2 min read
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Blockchain

Goldman Sachs, BNY Bring $7 Trillion Money Market to Blockchain

The announcement comes just days after President Trump signed a law that introduces US-regulated stablecoins.

2 min read
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Markets

Fine Print: ETFs Born in Banner Year May Lack Staying Power

Issuers are pumping out funds to meet investor demand, but there’s a growing risk that many of the new ETFs will have short shelf lives.

2 min read

Finance

Block Stock Pops in S&P 500 Debut

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Block’s membership in the index comes as it transitions into an all-in-one finance platform that offers debit cards and loans to clients.

2 min read

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