DAFs are gaining in popularity as private firms like Anthropic and OpenAI skyrocket in value and more companies stay private for longer.
Manufacturing survey shows inflation worries ‘worse than pandemic era,’ adding to Fed pressure
The commentary pointed to a highly volatile environment in which purchasing managers were struggling to stay ahead
Kalshi traders think July jobs report will come in slightly cooler than economists’ predictions
Speculators on the platform place just under 50-50 odds that employers added more than 80,000 jobs in July.
California’s diesel prices have jumped since the Iran war started, with ripple effects across the country
California has the highest gas prices in the country as well as the busiest containership port, meaning consumers across the country could feel the impact of higher diesel.
Visa to buy cybersecurity firm BioCatch for $2.4 billion amid surge in AI-powered scams
It is also the latest move by Visa to expand its value-added services business, which has become one of the company’s fastest-growing divisions.
Stocks making the biggest moves premarket: Alibaba, Bristol-Myers Squibb, eBay & more
These are the stocks posting the largest moves premarket.
Tourism price wars threaten to dim a rare bright spot in China’s consumer spending
China’s domestic tourism is underperforming, with hotel revenues falling as soft demand pressures room rates.
Goldman traders are on pace for a record year. A close-up look at how they’re doing it
In a new interview with CNBC, a Goldman exec breaks down what’s driving stocks, where markets are headed, and how the bank’s equities desk fuels its growth.
Investors may want to focus on front end of yield curve — as Street anticipates next Fed meetings
Bond market investors may want to focus on the front of the yield curve, according to Allspring Global Investments’ Noah Wise.
Fintech broker Clear Street offers investors pre-IPO access to $188 billion AI giant Databricks
Fintech brokerage Clear Street is launching a private markets platform, beginning with Databricks stakes, to give investors more access to late-stage startups.