Bloomberg Markets
The Texas Stock Exchange has rolled out trading for all tickers as the upstart venue steps up its drive to win business from Nasdaq and the New York Stock Exchange.
Bloomberg Markets
ExxonMobil Holdings Corp. and Chevron Corp. plowed blowout profits into debt reduction rather than huge buyback increases in a sign of Big Oil’s caution about how long war-driven price rallies will last.
Bloomberg Markets
Vitol Group and Cargill Inc. have stopped trading with Radiant World, a private firm that’s rapidly risen to become one of the world’s largest iron ore traders, while Glencore Plc is no longer doing new business with the company, according to people familiar with the matter.
Bloomberg Markets
Czech billionaire Michal Strnad became one of eastern Europe’s wealthiest individuals thanks to the blockbuster listing of his defense company earlier this year. Now, the 33-year-old arms tycoon is putting some of those proceeds to work by taking a 14% stake in Pirelli SpA, one of Italy’s corporate crown jewels.
Bloomberg Markets
US stocks fell on Friday, erasing earlier gains that were driven by Amazon.com Inc.’s 14% share surge. The company’s stellar results had lifted a broad sweep of companies benefiting from zeal for artificial intelligence.
Bloomberg Markets
Ford Motor Co.’s stock rally has a lot more room to run, according to Citi analyst Michael Ward.
NY Times Business
Situational Awareness caught the attention of Wall Street with its highly leveraged trades. It nearly collapsed amid a wave of market volatility.
Financial Times
Prime minister has not yet commented on US president’s claim that Hamas has agreed to disarm
CNBC Finance
With the rise of secondary markets and a stronger liquidity environment, more companies are choosing to stay private for longer, according to experts.
Yahoo Finance