Day: September 29, 2025
Asia-Pacific markets set to open higher; Reserve Bank of Australia decision in spotlight
Waterfront city skyline of Sydney city downtown at night with bright illumination of modern architectural landmarks in Sydney, Australia. Prasit Photo | Moment | Getty Images Asia-Pacific markets were set to open higher Tuesday with focus on the Reserve Bank of Australia’s interest rate decision later in the day. The RBA is expected to hold […]
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Hedge funds are increasingly moving like stocks markets — and that could cause problems
Hedge funds are increasingly moving in lockstep with broader equities markets, raising the risk of hefty losses in the event of a sharp market reversal. Large investors such as pension funds, insurance companies, endowments and family offices have often sought out alternative investments such as hedge funds as a diversifier to traditional 60/40 equities-and-bonds portfolios, […]
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Jennifer Garner’s baby food company Once Upon a Farm files for IPO on NYSE
Key Points Once Upon a Farm, the baby food company co-founded by actor Jennifer Garner, filed for IPO under the ticker “OFRM” on the NYSE. Goldman Sachs and J.P. Morgan are acting as joint lead underwriters. The Berkeley-based company increased its six-month revenue as of Jun. 30 by 66% according to its IPO filing. Source
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YouTube agrees to pay Trump $24.5 Million to settle lawsuit over suspended account
U.S. President Donald Trump reacts, as he arrives at Joint Base Andrews, Maryland, U.S., September 26, 2025. Elizabeth Frantz | Reuters YouTube has agreed to pay $24.5 million to settle a lawsuit involving the suspension of President Donald Trump’s account following the U.S. Capitol riots on Jan. 6, 2021. The settlement “shall not constitute an […]
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Stock futures are little changed as investors look to end month on an upbeat note: Live updates
Specialist traders work inside a booth on the floor at the New York Stock Exchange on Sept. 10, 2025. Brendan McDermid | Reuters Stock futures are little changed as investors look to close out an unusually strong September by building on Monday’s momentum, despite the threat of a potential U.S. government shutdown this week. Futures […]
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‘We’re headed to a shutdown,’ Vance says after Trump meeting with leaders ends
U.S. Vice President JD Vance speaks next to House Speaker Mike Johnson (R-LA) and Senate Majority Leader John Thune (R-SD) on the day U.S. President Donald Trump meets with top congressional leaders from both parties, just ahead of a September 30 deadline to fund the government and avoid a shutdown, at the White House in […]
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Wealthfront files for IPO, joining wave of fintech firms going public in 2025
Key Points Wealthfront, the startup that helped popularize the robo-advisor style of automated investing, filed for a U.S. initial public offering Monday. It’s the latest in a wave of fintech firms going public this year after the likes of Chime and Klarna. Source
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Why movie production has moved out of the U.S. — and what a tariff could mean for Hollywood
The Hollywood sign in Los Angeles on Jan. 22, 2024 Mario Tama | Getty Images News | Getty Images There was a time when Hollywood simply referred to a neighborhood in the central region of Los Angeles. These days, “Hollywood” has come to represent the entire domestic entertainment business — and it’s at a crossroads. […]
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Why an analyst downgrade of Wells Fargo does not change our conviction in the stock
Wells Fargo shares have more in the tank despite a downgrade from Wall Street analysts, according to Jim Cramer. The news Morgan Stanley analysts on Monday lowered their Wells Fargo rating to an equal weight hold from an overweight buy. They cited a lack of catalysts for the stock now that Wells Fargo’s $1.95 trillion […]
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Etsy pops 15% as OpenAI announces ChatGPT Instant Checkout for the shopping site
Zoom In IconArrows pointing outwards OpenAI’s Instant Checkout Courtesy of OpenAI OpenAI on Monday announced Instant Checkout, a new feature that allows users to buy products through its artificial intelligence chatbot ChatGPT. Instant Checkout initially supports single-item purchases directly from U.S. Etsy sellers, and it’s available to U.S. ChatGPT Plus, Pro and Free users. OpenAI […]
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