Finance

Finance

Ken Griffin’s Citadel Securities Has Some Tips for SEC

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Top of the list is a warning over the rise of 24-hour trading, just as the Nasdaq and the New York Stock Exchange pursue it.

1 min read

Photo by News Øresund – Johan Wessman via CC BY 2.0

Markets

Novo Nordisk Slips Amid Disappointing Wegovy Sales

Novo Nordisk’s share price fell over 8% on Wednesday after the company reported lower-than-expected sales of Wegovy.

2 min read
Photo by Abir Hiranandani via Unsplash

M&A

Acquisition Could See Cheez-It and Pringles Owner Make a Mars Landing

Kellanova popped 16% on the NYSE following a Reuters report that said it’s an acquisition target for privately-held confectionary giant Mars

1 min read
Photo by Federal Reserve Board of Governors via Public Domain Mark 1.0

Markets

Key Indicators Send Markets Into ‘Recession’ Chatter

Friday ended with the main indices in Asia, Europe, and New York pointing down in unison, the Nasdaq even entering correction.

2 min read

Finance

Buffett’s $300B Cash Pile, Fed by Apple, Spurs Investment Guessing Game

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Buffett acolytes are primed to be receptive to new ideas after Berkshire’s more contrarian bets over the last decade have proven prescient.

2 min read

Photo illustration by Connor Lin / The Daily Upside, Photo by Andrey Krav via iStock

Finance

How Will Wall Street’s AI Experiment End?

Like money, artificial intelligence never sleeps. Financial institutions have pulled out all the stops to fit AI into their own operations.

5 min read
Photo by Colton Sturgeon via Unsplash

Markets

Energy Crisis Spurs Record Payout at Vitol Group

Vitol Group, the world’s largest independent oil trader, has paid around a record $6.4 billion in share buybacks to its employee-owners.

1 min read
Photo via Connor Lin / The Daily Upside

Advisor Upside

Janney Montgomery Scott Sold in Major PE Deal

Janney will be sold from the Penn Mutual Life Insurance Company, marking another major equity deal in a busy year for the industry.

1 min read

Finance

Why Stock Exchanges Want a Piece of Texas, ‘The Wall Street of the South’

Photo illustration by Connor Lin / The Daily Upside, Photos by Andrey Krav via iStock and Muhammad Abdullah via Freepik

5 min read

Economics

Dollar Takes a Bruising From Trump’s Jabs at Fed Chair

Photo by Planet Volumes via Unsplash

The US dollar hit a three year low against a basket of currencies Monday, highlighting investor concerns about US assets.

2 min read

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