Financial Stocks Rise in Late-Afternoon Trading
Financial stocks rose in late Wednesday afternoon trading.
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Financial stocks rose in late Wednesday afternoon trading.
Financial stocks rose in late Wednesday afternoon trading.
All three major US stock indexes were up in late-morning trading. The roundup headline also mentions Ares Capital's planned $2.6 billion acquisition of MidCap Financial and S&P Global considering a separation of Capital IQ.
A report compares disclosed Trump-account stock purchases with later public endorsements and administration actions involving Dell, Palantir, Micron, Nvidia, AMD and Axon. The cited overlaps include a federal procurement notice for weapons that could point to Axon, but no contract award.
A consumer technology roundup covers reported results, AI developments, product announcements and other corporate news from Oct. 12–16.
A weekly roundup recaps recent stories on Palantir, Apple and Six Flags, alongside broader market developments and other stock coverage.
Ladder Capital reported third-quarter distributable earnings of $44.7 million, or $0.35 per share. Undepreciated book value per share rose to $13.50 from $13.44, driven primarily by a $31 million gain on the sale of its Jacksonville office campus.
Bank shares have lagged partly on fears of a possible windfall tax increase Thirty-year gilt yields briefly topped 6% in October amid a global bond selloff Markets looking for reassurance on fiscal discipline By Samuel Indyk and Medha Singh LONDON, Oct 16 (Reuters) — Britain's new finance minister, John Healey, deliver
Interactive Brokers reported record third-quarter pre-tax profit, with a 78% pre-tax margin for an eighth consecutive quarter above 70%. The company also raised its annual dividend to 60 cents.
S&P 500 earnings growth ex-tech, energy slows to 5%, HSBC estimates Most S&P 500 components trade below 50-day moving averages Citigroup dropped its "overweight" US equities call By Shashwat Chauhan and Niket Nishant Oct 15 (Reuters) — The S&P 500 has been a stone's throw away from 8,000 points since its midsummer rall
Oct 15 (Reuters) — Britain's FTSE 100 index is seen opening lower on Thursday, with futures down 0.2%. INTEREST RATE: A future interest rate increase by the Bank of England should not be interpreted by investors as the start of a long series of increases, BoE Chief Economist Huw Pill said on Thursday. SHIPPING: British
Dollar reaches new 18-month high after strong inflation data Hot consumer prices revive October's Fed hike bets Fed's Beige Book also shows inflation picking up Euro dips against the dollar, hits 16-month low versus sterling (Updates to US afternoon) By Laura Matthews NEW YORK Oct 14 (Reuters) — The US dollar hit an 18
(The opinions expressed here are those of the author, a columnist for Reuters.) By Mike Dolan Oct 14 (Reuters) — What matters in US and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets Some calm has returned to the wobbly chip sector this morning as market attention now swings back to today’s US
U.S. stock futures rose Wednesday ahead of the September CPI release. The Dow Jones, S&P 500 and Nasdaq 100 were higher after Tuesday’s lower close.
Indexes: Dow up 0.02%, S&P down 0.08%, Nasdaq down 0.12% Citigroup, Johnson & Johnson slip despite higher profits Chip stocks drop as Chinese competition fears mount (Updates after markets open) By Tharuniyaa Lakshmi and Purvi Agarwal Oct 13 (Reuters) — Wall Street's main indexes were muted in choppy trading on Tuesday
Wells Fargo’s CFO said client trading activity slowed significantly in the final weeks of September, weighing on third-quarter results. The bank reported earnings of $1.87 per share and revenue of $21.870 billion, and reaffirmed its 2026 guidance.
(The opinions expressed here are those of the author, a columnist for Reuters.) By Mike Dolan Oct 13 (Reuters) — What matters in US and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets Tech and AI stocks suffered another bout of jitters on Tuesday as tensions built ahead of the latest US quarter
On Thursday, Westwood Holdings Gr (NYSE: WHG ) discussed second-quarter financial results during its earnings call. The full transcript is provided below. This transcript is brought to you APIs. For real-time access to our entire catalog, please visit for a consultation. View the webcast at Summary Westwood Holdings Gr
Evercore ISI's Stephen Kim says it is not the right time to buy housing stocks, though he could change his view if builders cut production and mortgage rates fall. He favors PulteGroup and Toll Brothers with Outperform ratings and target prices of $154 and $184, respectively.
A Barron’s article says crypto-powered tokenization is spreading across Wall Street, with firms embedding blockchain-based systems into trading and settlement. It says DTCC plans to launch a platform later this month that will let customers tokenize stocks, ETFs and other securities.
Bitcoin remains about a third below its record level, with analysts citing multiple catalysts that could lift it before year-end.
Howard Hughes Holdings (NYSE: HHH ) released second-quarter financial results and hosted an earnings call on Thursday. Read the complete transcript below. This content is powered APIs. For comprehensive financial data and transcripts, visit View the webcast at Summary Howard Hughes Holdings reported a strong second qua
DTCC said its platform will let participants tokenize many stocks, exchange-traded funds and other securities, with transfers and conversions between tokenized and traditional assets. The article says the rollout is slated for later this month.
Dow Jones, S&P 500 and Nasdaq futures were higher early Friday as AI stocks recovered from Thursday's selloff. Delta Air Lines missed views and guided low, while SpaceX said it plans to buy wireless spectrum from Grain Management subject to approval.
Renting is still cheaper than owning a home in the U.S., but housing costs have outpaced incomes for decades, and high mortgage rates are squeezing buyers, according to J.P. Morgan, as homeownership among those under 35 falls to its lowest in nine years. Renting Is Cheaper, But Not Cheap On a monthly cash-flow basis, r
Bank of America analysts raised Soitec to buy from neutral, saying photonics should significantly expand the French semiconductor-materials maker's gross margin over the coming years. They see gross margin rising to 29% in fiscal 2027, 39% in fiscal 2028 and 44% in fiscal 2029.
Stock futures rose Friday as AI-related shares recovered and oil prices fell. The rebound followed Thursday's tech selloff, while investors also looked ahead to next week's earnings season and later U.S. consumer sentiment data.
Goldman Sachs raised Palantir to buy from neutral, citing its positioning in bespoke software, sovereign AI and broader enterprise demand for AI tools. The stock was up 1.6% after the note.
DTCC plans to launch a platform later this month that would let customers tokenize stocks, ETFs and other securities and convert them back into traditional assets. The article says major financial institutions took part in a one-day trial this past summer.
Dow Jones futures rose 0.2% overnight, while S&P 500 futures added 0.25% and Nasdaq-100 futures gained 0.3%. SpaceX plans to buy wireless spectrum from Grain Management, pressuring Verizon, AT&T, T-Mobile US and AST SpaceMobile in after-hours trading.