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.
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Yesterday was Nvidia Day: The AI giant handily beat revenue and profit forecasts, and issued third-quarter guidance that beat expectations.
As the price of franchises soar, shrinking the pool of would-be acquirers, NFL owners are rethinking their aversion to private equity.
The German government is planning to make it easier for companies in the financial sector to fire high-earning employees.
Buffett acolytes are primed to be receptive to new ideas after Berkshire’s more contrarian bets over the last decade have proven prescient.
Wells Fargo said Tuesday that it will sell most of its commercial mortgage servicing business to Trimont, a global loan services provider.
Famed activist investor Carl Icahn agreed to pay $500,000, and his Icahn Enterprises $1.5 million, to settle civil charges from the SEC.
The S&P 500, having recovered all its losses from earlier this month, sits just less than 2% away from the all-time peak it reached in July.
GoDaddy now sits just outside the top 10 performing companies in year-to-date returns, outpacing everyone in the Mag-7 except for Nvidia.
UBS appears to have regained its form, reporting $1.1 billion in net income for the second quarter, doubling analyst estimates.
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.
The US dollar hit a three year low against a basket of currencies Monday, highlighting investor concerns about US assets.
Traders betting against SPY, an exchange traded fund that tracks S&P 500 stocks, racked up more than $6 billion in profits this month.
Jamie Dimon warned inflation is likely going up and Larry Fink said the economy might already be in recession.
The S&P 500 notched its biggest single-day decline in market value terms since the onset of the pandemic on Thursday.