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Stocks Fall as Trump Puts Mideast Back in Focus: Markets Wrap
Stocks fell, bond yields spiked and oil rallied after President Donald Trump thrust geopolitical risks back into focus by declaring the ceasefire between the US …
Oil Soars as US Extends Strikes Against Iran Into Second Night
Oil jumped to a two-week high amid renewed US attacks on Iran and President Donald Trump’s assessment that the interim peace deal is a dead …
Exxon Sees $3.7 Billion Profit Surge From War-Driven Oil Rally
ExxonMobil Holdings Corp. said second-quarter earnings jumped by almost $4 billion as the Iran conflict boosted oil prices.
Operations Platform SnowCloud Wants to Run Resorts By iPhone
Joe Hession, CEO and co-founder of SnowCloud, and Doug Pierini, CEO of Jackson Hole Mountain Resort, discussed efforts to move customer relations including sales and …
US Judge Rejects DOJ Subpoena Over 2020 Georgia Election
A federal judge rejected an effort by the US Justice Department to obtain information on election workers in Fulton County, Georgia, related to the 2020 …
US Strikes Iran and Blocks Oil Sales in New Test of Ceasefire
The US carried out a new round of strikes in Iran targeting more than 80 sites and revoked a waiver allowing new sales of its …
Why Hedge Funds Posted Such a Strong First Half
Hedge funds posted a strong first half with Lone Pine Capital posting a 43% gain and David Tepper’s Appaloosa Management returning 32%. Sridhar Natarajan has …
Midtown Manhattan Buildings Evacuated After Collapse Warning
Construction crews were pulled from a 37-story Midtown Manhattan building Tuesday morning after bricks were reported falling from the 21st floor, emergency officials said, prompting …
BNP Names Jain Global’s Gupta as Head of FICC Trading Americas
BNP Paribas SA has appointed Kavi Gupta — previously at multistrategy hedge fund Jain Global — as head of fixed income, currencies and commodities trading …
SK Hynix US Listing Said to Be Multiple Times Oversubscribed
SK Hynix Inc.’s $28 billion US listing is multiple times oversubscribed ahead of pricing on Thursday, according to people familiar with the matter.
Brazil Treasury Has Patience and Cash to Ease Local Bond Stress
Brazil’s Treasury is ready to step up actions to alleviate stress in the nation’s 2.3-trillion-real ($447 billion) inflation-linked bond market that has been hit by …
Amazon’s New Bonds Get Cooler Reception as AI Debt Floods Market
When Amazon.com Inc. sold its biggest ever bond earlier this year, it was inundated with investor orders amid hype about the artificial intelligence boom. This …
How Michaels Became an Unlikely Success
Arts and crafts store Michaels has gone from a "grandmother’s store" to an unlikely business success. Michelle Cheng breaks down how. (Source: Bloomberg)
Goldman Says Earnings to Drive More Gains in Asset-Heavy Stocks
Capital-intensive companies are likely to report solid earnings this season, further outperforming peers that are more reliant on human or digital assets, according to Goldman …
China Regulator Is Keeping a Close Eye on Susquehanna Case
China’s securities watchdog said it is paying close attention to a legal case brought by Susquehanna International Group against alleged insider traders, after the US …
Czech Policymaker Cautions on Services Prices as Inflation Slows
A Czech central banker signaled that tight monetary policy remains appropriate even after headline inflation slowed more than expected last month in the wake of …
A Token Grasp of the AI Boom Shows Trouble Brewing
The period of vertical ascent is probably over.
US Loses to Belgium in World Cup Match Amid Controversy
Team USA’s run in the World Cup came to an end on Monday as it failed to make the quarterfinals, while outrage over FIFA’s decision …
Samsung Results Trigger Stock Rotation to Less Loved Sectors
Asian tech stocks slumped, as investors used Samsung Electronics Co.’s results to lock in profits on a stellar year-to-date chip rally, rotating into unloved sectors …
Gold Slips for Second Day as Hormuz Tensions Fan Inflation Fears
Gold fell for a second day after renewed attacks on shipping in the Strait of Hormuz, a reminder of the risks faced by vessels carrying …
US Stocks Fall as Samsung Hits Global Chipmakers: Markets Wrap
Stocks fell as volatility hit chipmakers anew after blowout earnings from Samsung Electronics Co. left investors wanting even more. Bonds slipped as Brent crude rose …
Oil Climbs as Fresh Tanker Strike Highlights Risks Around Hormuz
Oil nudged higher following attacks on shipping in and around the Strait of Hormuz, highlighting continued risks to vessels in the critical waterway.
Hamilton Lane Raises $3.8 Billion Fund Targeting Mid-Market Private Equity Deals
Erik Hirsch, Co-CEO at Hamilton Lane, discussed the firm's recent $3.8 billion fundraise aimed at co-investing alongside private equity in mid-market companies. Hirsch emphasized the …
Rivian Offers 75 Million Shares to Meet US Energy Loan Terms
Rivian Automotive Inc. is offering to sell 75 million shares as the electric vehicle company seeks to fund equity contributions related to a US Department …
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