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News
Michael Dell's Family Office Eyes Baldwin Buyout
13+ hour, 36+ min ago (221+ words) DFO Management, the investment shop that manages the Dell family's wealth, is in advanced talks to purchase The Baldwin Insurance Group Inc., according to the Financial Times. The target is an insurance brokerage, and the parties could unveil a plan…...
Hong Kong Trust Tax Spurs Founder Share Sales
13+ hour, 35+ min ago (442+ words) Haidilao slumped after co-founder Shu Ping unloaded roughly $350 million of shares, sending the stock down 13% across two trading days to its weakest level since March 2022. The company didn't give a reason for the sale and didn't immediately respond to an…...
Chevron Australia: LNG Prices to Stay High
13+ hour, 35+ min ago (244+ words) If you were hoping your gas bill would get a breather, Chevron's Balaji Krishnamurthy is not betting on it. Speaking to Bloomberg TV on Monday, he stated, "I have a hard time seeing the prices come down" for approximately the…...
Trump Urges Lowest U.S. Rates as Fed Faces Pressure
15+ hour, 11+ min ago (1252+ words) Briefs Finance Free Live Investors Workshop The dollar is losing value. Here’s how investors can still profit. Trump says U.S. should pay the world's lowest rates as Warsh feels heat to hike - In Ireland for the Irish Open, President Donald…...
Senegal Sells 101B CFA, Tests Debt Revamp
1+ day, 5+ hour ago (1100+ words) Briefs Finance Free Live Investors Workshop The dollar is losing value. Here’s how investors can still profit. Senegal returns to market, sells 101 billion CFA francs after signaling debt revamp - On Friday, Senegal sold government securities totaling 101 billion CFA francs (about…...
SpaceX Weight Surge in Nasdaq 100
1+ day, 3+ hour ago (263+ words) As lockups expire, more SpaceX stock becomes tradable. That expands the company's free float, which can lift its representation in the index. There could be more rejiggering ahead, too: additional tranches are scheduled to come off lockup, potentially nudging SpaceX's…...
Korea Exchange Extends Trading to 8 p.m.
1+ day, 3+ hour ago (444+ words) Korea's main stock market is switching on an evening window that runs through 8 p.m., giving investors extra hours after the standard 3:30 p.m. finish. Nearly the entire local lineup on Kospi and Kosdaq - roughly 2,400 stocks - will be tradable at night, and the rulebook…...
Kalshi seeks approval for US single-stock perps
1+ day, 15+ hour ago (211+ words) Kalshi intends to have the contracts treated as a security futures product, with joint supervision by the Commodity Futures Trading Commission and the Securities and Exchange Commission, Mansour said. An SEC representative declined to comment. A CFTC spokesperson did not…...
Apollo cuts invoice and supplier finance at Eliant
1+ day, 15+ hour ago (168+ words) Briefs Finance After a rough stretch for what had been a hot corner of credit, Apollo is paring back specific strategies at Eliant Trade Finance LP, according to people who asked not to be identified because the plans are not…...
Firehawk Aerospace Eyes $1.25B Valuation
1+ day, 15+ hour ago (231+ words) Firehawk is working on a new private funding round that pegs its valuation around $1.25 billion, per people who asked not to be named because the discussions are private. The company is seeking about $100 million to $200 million. Rochefort Asset Management is…...