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

Finance

JPMorgan Chase reins in lending to private credit firms after marking down software loans

March 11, 2026

Key Points JPMorgan is marking down collateral held by private credit firms and reducing their borrowing capacity — a preemptive move driven by market valuations, not actual loan losses. The markdowns target software company loans, where AI advances have sparked fears of disintermediation, triggering a private credit downcycle and abnormally high redemptions at firms like […]

Finance

Stocks making the biggest moves premarket: Oracle, AeroVironment, Nike and more

March 11, 2026

Check out the companies making headlines before the bell. Oracle — Oracle shares jumped more than 9% after the cloud infrastructure company gave strong fiscal third quarter results and lifted its revenue guidance for fiscal 2027. Management lifted its fiscal 2027 revenue outlook up $1 billion to $90 billion. Analysts polled by LSEG sought $86.6 […]

Finance

Stocks making the biggest moves midday: Rivian, Hims & Hers, BioNTech, Vertex Pharmaceuticals & more

March 10, 2026

Check out some of the companies making the biggest moves midday: Hims & Hers Health — Shares of the telehealth company jumped 3%. Bank of America upgraded the stock to neutral from underperform after Novo Nordisk dropped its patent infringement case against Hims, and the companies agreed that Hims would sell Novo’s Ozempic and Wegovy […]