Citadel and BlackRock back job to start a nationwide stock exchange in Texas

Citadel and BlackRock back job to start a nationwide stock exchange in Texas


Key Details
  • TXSE Chairman and CEO James Lee reported the Dallas-headquartered group has raised $120 million with the assist of much more than two dozen investors.
  • The Wall Road Journal noted on the endeavor previously, stating the exchange is billing itself as a “far more-CEO pleasant” substitute to the New York Stock Trade and Nasdaq in the deal with of soaring regulation.
  • TXSE’s site explained it will be a “totally electronic, nationwide securities trade that will look for registration with the U.S. Securities and Trade Fee.”



Supply

OpenAI reportedly missed revenue targets. Shares of Oracle and these chip stocks are falling
Finance

OpenAI reportedly missed revenue targets. Shares of Oracle and these chip stocks are falling

In this article SFTU-FF SFTU-FF CRWV Follow your favorite stocksCREATE FREE ACCOUNT OpenAI CEO Sam Altman speaks during the BlackRock Infrastructure Summit on March 11, 2026 in Washington, DC. Anna Moneymaker | Getty Images Shares of companies tied to artificial intelligence infrastructure tumbled in early trading Tuesday after a report that OpenAI has fallen short […]

Read More
Stocks making the biggest moves premarket: Oracle, General Motors, Coca-Cola, Spotify & more
Finance

Stocks making the biggest moves premarket: Oracle, General Motors, Coca-Cola, Spotify & more

Check out the companies making headlines before the bell: Oracle — The software giant dropped more than 5% after The Wall Street Journal, citing people familiar, reported OpenAI recently missed its own targets for new users and revenue, raising concerns the company may not be able to support its massive AI spending. A number of […]

Read More
Saba Capital finds little appetite for tender offer of shares in Blue Owl, Starwood private credit funds
Finance

Saba Capital finds little appetite for tender offer of shares in Blue Owl, Starwood private credit funds

Key Points In March, Saba offered liquidity to investors who were locked in Blue Owl Capital Corporation II, a non-traded private credit fund, at a 35% discount. Investors in Starwood Real Estate Income Trust were also made a similar offer at a 24% or 29% discount, based on the share class. On Monday, Saba said […]

Read More