Finance

Investments

Retirement-Platform Giant Turns On Private Markets Tap

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Retirement plan provider Empower is making private market investments available to participants with help from some Wall Street titans.

2 min read

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Banking

UBS Quarterly Profit Doubles Market Forecast

UBS appears to have regained its form, reporting $1.1 billion in net income for the second quarter, doubling analyst estimates.

2 min read
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Banking

Canada’s Scotiabank Stakes Out $2.8 Billion in US Lender KeyCorp

Canada’s Scotiabank, one of the country’s big six lenders, announced Monday that it bought a 14.9% stake in US regional lender KeyCorp.

1 min read
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Markets

Growth is No Longer Just for Tech Megacaps

S&P 500 stocks — excluding the Magnificent Seven — are on pace to deliver their first profit growth since the fourth quarter of 2022.

1 min read

Private Equity

Private Equity, Sports and Games Sidestep Frozen M&A Pipelines

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Dealmaking among private equity firms and in the sports and video games sectors has gone full steam ahead amid a global M&A freeze.

2 min read

Markets

Coca-Cola Sees Glass Half Full Even as Trade War Drains Fizz From Pop Sales

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Coca-Cola was one of several companies whose earnings last week flashed positive signs, despite the hail of uncertainty around tariffs.

2 min read

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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
(Photo Credit: Serba Sembilan/Flickr)

Finance

Berkshire Hathaway Takes a Steps Back from Apple, Builds Cash Pile

Berkshire Hathaway slashed its stake in Apple by nearly 40%, helping grow the Omaha company’s cash pile to more than $270 billion.

1 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

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

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