(CNBC) U.S. stock futures were slightly higher on Monday after the Dow Jones Industrial Average closed at a record high. Futures linked to the 30-stock average rose by 60 points, or about 0.1%. S&P 500 futures and Nasdaq 100 futures respectively climbed roughly 0.1% and 0.2%. To […]

(CNBC) When BlackRock CEO Larry Fink bought the iShares ETF business from Barclays for roughly $13 billion in 2009, the economy was still reeling from the great financial crisis. At the time, $13 billion seemed like an awful lot of money to […]

(CNBC) Musk has not given any money to that group, called America PAC, as of the end of June, according to a quarterly financial filing submitted to the Federal Election Commission on Monday evening. But the super PAC, which was formed in […]

(CNBC) Coinbase, MicroStrategy and Riot Platforms surged Monday as investors piled into crypto companies following bitcoin’s rally to a two-week high. The price of bitcoin has been rising since the attempted assassination of Donald Trump over the weekend, with investors betting that the Republican presumptive nominee is now more likely to win […]

(CNBC) Speaking at the Economic Club of Washington D.C., Powell referenced the idea that central bank policy works with “long and variable lags” to explain why the Fed wouldn’t wait for its target to be hit. “The implication of that is that […]

(Hedeweek)Astant Global Management, a macro-focused alternative investment manager based in London, is gearing up to launch a new quantitative hedge fund strategy later this year which will leverage proprietary AI models, according to a report by Alternatives Watch. To read […]

(CNBC) Stock futures were slightly higher in overnight trading Sunday as investors gear up for a big week of key corporate earnings. Futures on the Dow Jones Industrial Average rose 60 points, or 0.2%. S&P 500 futures added 0.1% and […]

(Hedgeweek) Anthony ‘the Mooch’ Scaramucci’s SkyBridge Capital has restricted client withdrawals from its crypto-focused hedge fund, even as the fund’s returns have soared, according to a report by Bloomberg citing a recent regulatory filing. To read this article:

(CNBC) The bank said earnings jumped 25% from the year-earlier period to $18.15 billion, or $6.12 per share. Excluding items related to the bank’s stake in Visa, profit was $4.26 per share. Revenue rose 20% to $50.99 billion, topping the […]

(CNBC) The bank said net income jumped 10% from a year earlier to $3.22 billion, or $1.52 a share. Revenue rose 4% to $20.14 billion. Equities trading revenue rose 37% to $1.5 billion, driven by strength in derivatives and a […]

(CNBC) The people familiar told the Journal that a deal could come soon. Wiz was founded in 2020, and has grown at a rapid clip under CEO Assaf Rappaport. It had been eyeing an IPO as recently as May, when […]

(CNBC) Elon Musk posted on X that he “fully” endorses Donald Trump moments after the former president and presumptive Republican nominee was rushed off stage by secret service members following gunshots at a rally in Pennsylvania on Saturday. “I fully endorse President Trump and hope […]