Financial
Asian Markets Slide as Bond Yields and Oil Prices Weigh on Sentiment
HONG KONG — Asian stock markets closed lower on Thursday, dragged down by a combination of rising global bond yields, surging crude oil prices, and negative cues from Wall Street. The broad sell-off m...
AI-Driven Investment Strategies Outperform Benchmarks in Key Sectors Through September
NEW YORK — Artificial intelligence-powered stock-picking strategies delivered significant year-to-date returns on Wednesday, surpassing major benchmark indexes across the energy, technology, and small...
South Korea's National Pension Service Increases Stake in Progressive Corp Shares
SEOUL — The National Pension Service, South Korea's sovereign wealth fund, increased its holdings in The Progressive Corporation by 3.2% during the second quarter of 2026, marking a notable expansion ...
Wells Fargo Cuts Core & Main Price Target Amid Margin Concerns
SAN FRANCISCO — Wells Fargo downgraded its price target for industrial distributor Core & Main Inc. on Wednesday, lowering the valuation from $65 to $48 per share following concerns over compressing p...
Sequoia Financial Advisors Boosts Walmart Stake to Nearly $96 Million
NEW YORK — Sequoia Financial Advisors LLC increased its position in Walmart Inc. by 4.2% during the second quarter, bringing its total holdings to 847,495 shares valued at approximately $95.99 million...
Sequoia Financial Advisors Cuts DuPont Stake by Over 60% in Second Quarter
NEW YORK — Sequoia Financial Advisors LLC significantly reduced its holdings in DuPont de Nemours, Inc. during the second quarter of 2026, according to a filing submitted to the U.S. Securities and Ex...
Winton Group Boosts Stifel Financial Stake by 21.4% in Second Quarter
NEW YORK (AP) — Winton Group Ltd., a global quantitative asset manager, significantly increased its ownership stake in Stifel Financial Corporation during the second quarter of 2026, marking a notable...
Tidal Investments Increases Vicor Corporation Stake by Nearly 88%
NEW YORK — Tidal Investments LLC significantly expanded its holdings in Vicor Corporation on Wednesday, increasing its position by 87.8% during the second quarter of 2026. The move was disclosed in a ...
Morgan Stanley Upgrades On Holding Stock to Overweight, Sets $39 Price Target
NEW YORK — Morgan Stanley resumed coverage of On Holding AG on Wednesday, assigning the athletic footwear and apparel company an "overweight" rating with a price target of $39.00 per share. The invest...
Mizuho Cuts Jersey Mike's Subs Price Target Citing Peer Valuation Metrics
LONDON, Sept. 10 (Reuters) - Mizuho lowered its stock price target for Jersey Mike's Subs on Wednesday, citing a reassessment of the company's valuation relative to industry peers. The Japanese financ...
Squarepoint Ops LLC Increases Seadrill Stake by 8.4% in Second Quarter
NEW YORK — Squarepoint Ops LLC significantly expanded its position in offshore drilling contractor Seadrill Limited during the second quarter, increasing its holdings by 8.4 percent. The move marks a ...
HighTower Advisors Trims Intuit Holdings by 16.6% in Second Quarter
NEW YORK — HighTower Advisors LLC reduced its equity stake in Intuit Inc. by 16.6 percent during the second quarter of 2026, marking a notable shift in the asset manager's portfolio allocation for the...
HSBC Holdings Expands Stake in Rush Street Interactive by Over 200%
LONDON — HSBC Holdings PLC significantly increased its equity position in U.S. online gaming operator Rush Street Interactive Inc. during the second quarter, raising its stake by 212.6 percent to hold...
Genus Shares Plunge as Full-Year Revenue Falls Short of Forecasts
Shares of Genus tumbled on Wednesday after the animal genetics company reported full-year revenue that missed analyst estimates, signaling potential headwinds in its core markets. The stock dropped sh...
Milan Stocks Edge Higher as Investors Await ECB Remarks and Technoprobe Surges
MILAN — Italian equity markets closed slightly higher on Thursday as investors positioned themselves ahead of key remarks from European Central Bank President Christine Lagarde, while shares in techno...
U.S. Stocks Show Mixed Gains as Oil Eases Ahead of Inflation Data
NEW YORK — U.S. stock markets posted mixed gains on Wednesday as easing oil prices and shifting Treasury yields tempered investor sentiment ahead of a critical inflation report due later in the day. T...
Amundi Reduces Fortune Brands Holdings by Nearly 20% in Second Quarter
NEW YORK — Amundi, the global asset management firm, reduced its stake in Fortune Brands Innovations Inc. (NYSE: FBIN) by 19.7 percent during the second quarter of 2026. The divestment marks a signifi...
Allworth Financial LP Expands Stake in Cincinnati Financial by Over 500%
NEW YORK — Allworth Financial LP significantly increased its equity position in Cincinnati Financial Corporation during the second quarter, marking a substantial shift in portfolio allocation for the ...
Silver Lake Partners Director Sells $14.96 Million in Dell Shares
NEW YORK — A director of Silver Lake Partners v DE (AIV) executed the sale of approximately $14.96 million worth of Dell Technologies Inc. shares on Wednesday, marking a significant reduction in the h...
HD Hyundai Heavy Industries to Invest $612 Million in New Power Engine Facility for AI Demand
SEOUL, South Korea — HD Hyundai Heavy Industries announced on Wednesday a major capital investment of 834 billion won ($612 million) to construct a new manufacturing facility dedicated to large-scale ...
Silver Lake Technology Investors IV Sells $583,908 in Dell Stock
SILVER LAKE TECHNOLOGY INVESTORS IV executed a sale of $583,908 worth of Dell Technologies Inc. stock on Sept. 10, 2026. The transaction, filed with federal regulators, marks a reduction in the invest...
Delek US Holdings Director Sutil Sells Shares Under Pre-Arranged Plan
HOUSTON — Vicky Sutil, a director of Delek US Holdings Inc., sold 6,397 shares of the company's stock on Sept. 10, 2026, in a transaction valued at $457,385.50. The sale was executed as part of a pre-...
Former Deputy PM Khaw Boon Wan Steps Down as SPH Media Trust Chairman
SINGAPORE — Khaw Boon Wan, the former deputy prime minister of Singapore, is stepping down as chairman of the SPH Media Trust after five years in the role. The transition marks a significant leadershi...
CarParts.com CEO Acquires Significant Stock Stake in SEC Filing
NEW YORK — David Meniane, the chief executive officer of CarParts.com Inc., purchased 21,154 shares of the company's stock in a transaction filed with the U.S. Securities and Exchange Commission late ...
Robinhood Markets Secures First Underwriting Deal for Oura IPO
SAN FRANCISCO — Robinhood Markets Inc. has secured its first underwriting assignment, leading the initial public offering for Finnish fitness-tracking ring manufacturer Oura Health as the company prep...
CarParts.com COO Michael Huffaker Acquires $192,767 in Company Stock
NEW YORK — Michael Huffaker, chief operating officer of CarParts.com, Inc., purchased 21,160 shares of the online auto parts retailer on September 4, 2026, investing a total of $192,767.60 in the comp...
Alphyn Capital Adds Visa Inc. to Portfolio in Second Quarter 2026
NEW YORK — Alphyn Capital Management disclosed on Tuesday that it has established a new position in Visa Inc. during the second quarter of 2026, marking a strategic shift in its equity holdings as out...
Trump Pledges $5,000 Dividend to Americans if Republicans Hold Congress
WASHINGTON — President Donald Trump announced on Wednesday that he will deliver a $5,000 cash payment to every American adult if the Republican Party retains control of both chambers of Congress in th...
La-Z-Boy Director Sells Shares Under Pre-Arranged Trading Plan
DETROIT — Janet Kerr, the director of La-Z-Boy Incorporated, executed a sale of 3,653 shares of the company's stock on Sept. 10, 2026, for a total value of $115,982.75. The transaction was conducted o...
Cramer Bullish on Amazon Valuation as Analysts Cite AI Alternatives
NEW YORK — Prominent financial commentator Jim Cramer has renewed his bullish stance on Amazon.com Inc., arguing that the e-commerce and cloud computing giant remains undervalued despite recent market...