Wall Street
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Bridgepoint Hires Ken Wasik for Consumer Deals After 25 Years of Experience
Ken Wasik has spent 25 years doing one thing: consumer deals. Now Bridgepoint Investment Banking has him. The…
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Global regulators intensify scrutiny of 2026 megadeal surge, Bain report finds
Global regulators are taking a harder look at the wave of megadeals sweeping through 2026, according to Bain…
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Borrowed money costs rise, threatening US stock rally and crypto
NEW YORK, June 29 — Margin debt hit a record $1.42 trillion in May as equity financing costs…
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S&P 500 equal-weight index hits record as Dogecoin, HYPE drop nearly 10%
The equal-weight S&P 500 hit a record this week. Crypto sat that celebration out. The gap between stocks…
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S&P 500 equal-weight hits record as crypto assets post weekly losses
NEW YORK — The equal-weight S&P 500 hit a record this week. Crypto got hammered. Those two facts,…
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GameStop CEO Cohen Pledges $500 Million of Personal Funds to eBay Bid
Ryan Cohen is betting his own net worth that he can pull off the impossible. The GameStop CEO…
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Index Rule Change for SpaceX IPO Removes Passive Fund Safety Catch
The quiet rule change happened before the confetti settled. Index committees, most likely those running the Nasdaq Global…
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QuantRate Cites 63-70% Algorithmic Trading Volume in U.S. Markets
Algorithmic trading already accounts for 63% to 70% of all U.S. stock market volume. That figure, from 2026…
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Gabelli’s New ETF Targets Two Capital-Intensive Sectors With Monthly Dividends
Mario Gabelli has spent decades telling anyone who would listen that the best money is made in unloved…
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Oracle Shares Decline Amid Broader Tech Selloff Over AI Spending Concerns
Friday’s slide for Oracle shares did not happen in isolation. It capped a week of steady losses for…
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Oracle Shares Extend Slide as Market Patience Wanes on AI Spending
The market has lost patience with Oracle. That is the blunt reality behind the stock’s continued slide on…
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Oracle Shares Fall on AI Spending Worries, Tech Selloff
LONDON, June 26 — Oracle shares slid again on Friday, extending a losing streak as the broader technology…
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South Korea’s Kospi halts trading after 8.2% plunge
SEOUL, June 26 — South Korea’s benchmark Kospi index briefly halted trading Friday after plunging 8.2 per cent,…
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Kospi trading halt follows AI investment doubts crashing chip stocks
Friday’s 20-minute trading halt on South Korea’s Kospi was not the main story. The main story is what…
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AI Rally Reversal in US Triggers South Korea’s Kospi Trading Halt
The sell-off that slammed South Korea’s stock market Friday did not start in Seoul. It began in New…
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Nifty crosses 24,200 as falling crude boosts auto and healthcare stocks
For India’s auto and pharma companies, the arithmetic just got simpler. Crude oil hovering near $69 a barrel…
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Micron beats profit and revenue estimates; Sandisk, Western Digital shares jump
Wall Street got the confirmation it had been waiting for Wednesday evening. Micron Technology, the Boise-based memory maker,…
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Lithium Futures Fall 10% on Market Expectation of CATL Mine Restart
CATL has not said a word. Not about restarting the Jianxiawo mine. Not about timelines. Not about production…
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Worthington Enterprises Raises Dividend, Adds Brad Southern
COLUMBUS, June 23 — The Worthington Enterprises Inc. board of directors declared a quarterly dividend increase today, a…
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Worthington Enterprises Increases Quarterly Dividend for Shareholders
COLUMBUS — The check that lands in a shareholder’s mailbox this quarter will be fatter. For families in…
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Biotech rally driven by GALT surge, BOLD restart, and MNPR NDA progress
The trading day is over. The buzz on the Street isn’t. Biotech investors are sifting through the wreckage…
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Biotech market surges as FDA backing drives GALT stock upward
Biotech investors are waking up to a different market this morning. The usual cautious positioning has given way…
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Worthington Enterprises Dividend Increase Offers Direct Benefit to Longtime Shareholders
For the families and retirees in central Ohio who have held Worthington Enterprises stock for years, the math…
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