Reported 15 days ago
Source: WSJ
Reported 15 days ago
Stripe has launched the ability for businesses to accept recurring payments in stablecoins like USDC, facilitating payments for AI subscriptions and SaaS tools. This new feature, currently in private preview, allows users to connect popular wallets and automate their payment processes using smart contracts. With 20% of payment volumes from AI companies coming from stablecoins, Stripe aims to improve transaction efficiency and reduce costs for global businesses.
Source: YAHOO
Reported 16 days ago
Artisan Mid Cap Fund disclosed its decision to exit its position in Atlassian Corporation (TEAM) in its Q3 2025 investor letter, citing concerns over the company's decelerating cloud revenue growth and a need to evolve its pricing model. Despite healthy year-over-year growth, the fund believes the software provider faces challenges in adapting to market demands, especially regarding AI's impact on its traditional business model. As a result, the fund prioritized investments in other AI stocks with higher upside potential.
Source: YAHOO
Reported 16 days ago
Source: BARRONS
Reported 16 days ago
In its Q3 2025 investor letter, Artisan Mid Cap Fund discussed Woodward, Inc. (NASDAQ:WWD), a company specializing in motion and control systems for aerospace and industrial markets. Woodward has shown strong performance with a 7.52% return in the past month and a 54.16% gain over the year. The fund initiated a position in Woodward, highlighting its potential due to significant revenue from the aerospace sector and a recovery in its industrial segment. Despite this, the article suggests that some AI stocks may present better investment opportunities.
Source: YAHOO
Reported 16 days ago
Teledyne Technologies Incorporated (TDY) has been highlighted as a strong investment option in the Artisan Mid Cap Fund's third-quarter 2025 investor letter. With a one-month return of 3.82% and a significant year-over-year increase of 28.39%, Teledyne is positioned to benefit from rising global military spending and a recovery in industrial markets. Its advanced technologies in defense and automation sectors, coupled with strong free cash flow and disciplined management, suggest potential for mid-teens EPS growth.
Source: YAHOO
Reported 16 days ago
Rachel from Dallas turned to The Ramsey Show for guidance about her family's plan to live in an RV after their home flooded in 2023. While living in her parents' RV has helped her save money and reduce debt, financial advisors advised against buying an RV amid her existing $40,000 debt. They emphasized focusing on debt repayment and suggested ways to increase income instead.
Source: YAHOO
Reported 16 days ago
This article outlines how to determine your ideal net worth relative to your salary and age. Financial advisors recommend that by age 30, your net worth should be about equal to your annual salary, increasing to two to three times by age 40, and four to six times by age 50. It emphasizes the importance of tracking your net worth as a dynamic goal rather than a fixed number, guiding you on how much wealth you should aim to accumulate over your lifetime, regardless of your income level.
Source: YAHOO
Reported 16 days ago
A growing number of Americans are trading in cars with underwater loans, meaning they owe more than their vehicles are worth. As of the third quarter of 2025, over 28% of trade-ins were underwater, which is the highest rate in four years. Borrowers are faced with increasing loan amounts and higher interest rates, leading many to opt for new vehicles despite the financial implications. To manage negative equity, experts suggest making larger payments, refinancing, or simply holding onto the vehicle longer.
Source: YAHOO
Reported 16 days ago
Source: BARRONS
Reported 16 days ago
Bank of America reported a significant increase in third-quarter earnings, with profits rising 23% to $8.47 billion, thanks to robust consumer spending and a busy investment banking summer. The bank's net revenue also exceeded expectations, reaching $28.09 billion, and it achieved record net interest income of $15.2 billion. Despite broader economic uncertainties, the bank reported low loan losses and a strong commercial loan portfolio growth of 13% year-on-year, reflecting a healthy financial market environment.
Source: YAHOO
Reported 16 days ago
S&P Global has announced its $1.8 billion acquisition of private markets data provider With Intelligence as part of its strategy to expand offerings in the growing financial services sector. The demand for insights into private asset pricing has surged due to the current investment landscape, prompting major players like BlackRock to invest significantly in similar areas. With Intelligence, founded in 1998, serves approximately 3,000 clients globally and is expected to generate around $130 million in revenue by 2025. The acquisition is projected to positively impact S&P Global's earnings by 2027.
Source: YAHOO
Reported 16 days ago
On October 15, 2025, stock futures are on the rise as investors absorb strong earnings from major banks amid ongoing U.S.-China trade tensions. Bank of America and Morgan Stanley reported better-than-expected quarterly results, while ASML Holdings noted its profitability despite lower quarterly sales. The Federal Reserve's Beige Book release is anticipated as CPI data is delayed due to the government shutdown. Additionally, Stellantis announced a significant $13 billion investment in U.S. manufacturing, aiming to bolster future vehicle production and create jobs.
Source: YAHOO
Reported 16 days ago
Wise, a leading fintech firm, highlights the need for improved money transfer processes from the US in a report released alongside the G20 Finance Ministers meeting. Chief Banking Officer Diana Avila pointed out that the US has fallen behind in transparency and regulation, specifically regarding fees and exchange rates. As Wise aims to enhance competition and transparency in money transfers, it collaborates with major banks to facilitate faster and more affordable international transactions for consumers.
Source: YAHOO
Reported 16 days ago
Vertical Semiconductor, a startup emerging from MIT, has successfully raised $11 million to advance its innovative chip technology designed for more efficient electricity delivery to AI servers. Utilizing gallium nitride instead of traditional silicon allows for reduced heat generation and more compact chip designs. With prototypes expected this year and production slated for next, the startup aims to disrupt existing chip manufacturers by providing significant cost savings and a transformative solution for AI data centers.
Source: YAHOO
Reported 16 days ago
Promote Giving, a new initiative announced by Joel Holsinger of Ares Management, aims to increase fundraising for charities by encouraging investment managers to allocate at least 5% of their earnings from performance fees to nonprofit organizations. The initiative, which starts with nine firms managing approximately $35 billion in assets, could potentially result in up to $250 million in donations over the next decade. This model seeks to support charities while ensuring financial returns for investors, addressing the pressing need for funding amidst cuts to foreign aid and public health system fragility.
Source: YAHOO
Reported 16 days ago
Blackstone is launching a new business unit to bring private equity and private credit into 401(k) plans, aiming to tap into the $13 trillion defined-contribution retirement market. This initiative, spearheaded by Heather von Zuben, will develop products and partnerships, including a collaboration with Vanguard Group and Wellington Management. The move follows a directive from President Trump aimed at easing the inclusion of nontraditional assets in retirement plans, an opportunity long sought after by Blackstone and its competitors.
Source: YAHOO
Reported 16 days ago
Roberts Bakery, located in Northwich, Cheshire, has been rescued from potential bankruptcy by Ranjit Singh Boparan's investment vehicle. The company had filed a Notice of Intention to appoint administrators due to significant financial challenges, including inflation and increased competition. Boparan's intervention saves 433 jobs and rebrands the bakery as Roberts Bakery 1887, aiming to support its revitalization and community legacy.
Source: YAHOO
Reported 16 days ago
Apollo Global Management has presented a proposal to acquire Papa John’s International for $64 per share amid ongoing discussions, with no agreements finalized yet. The pizza chain has seen interest from various activist investors and reported second-quarter revenues of $529.2 million, though net income dropped by 23%. Currently, Papa John’s operates 6,000 outlets globally and aims to expand in India after recently re-entering the market.
Source: YAHOO
Reported 16 days ago
CPA Australia CEO Chris Freeland has addressed recent findings from the Australian Securities and Investments Commission (ASIC) report on auditor compliance with independence and conflict of interest rules. The 2023-24 report reveals that out of 2,900 auditors reviewed, 15 may have breached these obligations, particularly concerning auditor rotation rules. Freeland emphasizes the need for updated guidance in this area and advocates for enhanced educational initiatives and collaboration with ASIC to improve practices and uphold independence in the audit sector.
Source: YAHOO
Reported 16 days ago
Morgan Stanley's third-quarter profits exceeded expectations, boosted by increased fees from dealmaking and stock trading, leading to a record revenue of $18.2 billion. The bank reported a net income of $4.6 billion, significantly higher than the previous year's figures. The uptick was fueled by a surge in M&A activity and strong performance in equity markets, helping the bank also achieve record revenue in wealth management. Shares rose by 3.9% in premarket trading, reflecting investor optimism as the financial sector anticipates continued growth into 2026.
Source: YAHOO
Reported 16 days ago
Source: YAHOO
Reported 16 days ago
U.S. stocks showed modest gains on Wednesday amid hopes for interest rate cuts and positive earnings reports from major banks, despite ongoing tensions with China. The S&P 500 rose by 0.4% and the Nasdaq gained 0.7%, with Bank of America reporting a 23% profit increase, signaling strong banking performance. Federal Reserve Chair Jerome Powell's comments about potential rate cuts also bolstered investor sentiment. However, trade tensions remained a concern, particularly amid proposed sanctions and the looming government shutdown.
Source: YAHOO
Reported 16 days ago
Source: YAHOO
Reported 16 days ago
Abbott Laboratories reported quarterly revenues of $11.37 billion, falling short of analysts' expectations of $11.40 billion, primarily due to a 6.6% decline in its diagnostics segment. Despite strong demand for medical devices, weak performance in diagnostics and nutrition resulted in nearly a 3% drop in shares. The company adjusted its annual profit outlook to a range between $5.12 and $5.18 per share.
Source: YAHOO