Regulators Probing Near-Collapse of Hedge Fund Situational Awareness
The SEC has sought information from banks that provided financing to supercharge the hedge fund's AI-centric bets.
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Mark Walter's Troubles Are Disrupting the Insurance World's Hottest Trade
Investors are questioning a $4.1 billion takeover of Brighthouse Financial because of some parallels to Walter.
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Bank of Montreal Plans to Buy Back Shares After Strong Quarter
The big Canadian lender benefited from double-digit revenue growth and an improved credit performance in its fiscal third quarter, with the lowest provision on impaired loans in the last 10 quarters, though its bottom line was squeezed by one-time charges for its exit from certain businesses.
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Scotiabank Earnings Lifted by Record Result in Wealth Management
Bank of Nova Scotia notched a rise in third-quarter earnings, driven by strong results across its business lines that included a record result from its global wealth management and global banking and markets operations.
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Intuit Stock Tumbles After Earnings Beat. AI Software Competition Is Brutal.
The company says it is looking to gain market share by potentially lowering prices across its business.
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Why Stan Druckenmiller Is Right About the Bond Market-and Warsh Knows It
'The long-term Treasury yield is the only fiscal disciplinarian the U.S. has left,' says billionaire investor Stanley Druckenmiller.
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Global Bond Markets Stabilize as Investors Mull U.S. Buybacks, Iran Sanctions
Reports emerged Monday that the Treasury might deploy its nearly $1 trillion general account to finance the increased buybacks of long-end securities it announced last week.
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Banking Software Maker nCino Falls on Earnings
While the company beat revenue expectations, its guidance forecasts modest growth.
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The World's Craziest Stock Market Has Turned Into a Fright Ride
A slow-motion collapse in South Korea's Kospi index erased $2.5 trillion in value, burning investors who bet on the AI boom.
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Oura and Dunkin' Get Ready to Join IPO Bonanza
Investors are sizing up the parade of new offerings expected in coming months.
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Financial Services Roundup: Market Talk
Find insight on Scotiabank, Bank of Montreal, Bank of Nova Scotia, Klarna Group and more in the latest Market Talks covering financial services.
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Data Center Politics Could Help an Unlikely Industry: Bitcoin Miners
Cipher Digital and Hut 8 are among the companies well-positioned to ride out anti-AI fervor, one analyst says.
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DraftKings Stock Could Pop on Prediction Market Court Decisions
Sports-betting companies have seen their stocks slide over fears of competition from prediction markets.