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

Stocks making the biggest moves premarket: Nike, Dynavax Technologies, UiPath & more

December 24, 2025

Check out the companies making headlines before the bell: Nike — The sportswear stock rose 2% after a filing showed that Apple CEO Tim Cook bought nearly $3 million worth of Nike shares. Dynavax Technologies — The biopharmaceutical stock surged 38% after Sanofi said it will acquire Dynavax in a deal with a total equity […]

Finance

Stocks making the biggest moves midday: Novo Nordisk, ServiceNow, Freeport-McMoRan, Structure Therapeutics & more

December 23, 2025

Check out the companies making headlines in midday trading. ServiceNow — Shares of the software company fell nearly 3% after it said it would acquire cybersecurity startup Armis for $7.75 billion . The deal, which should close next year, will bolster ServiceNow’s cybersecurity offerings. Mining stocks — With prices of gold, silver and copper at […]

Finance

Here’s how AI could influence the Fed’s economic outlook

December 23, 2025

Key Points Members of the Federal Open Market Committee are factoring rising labor productivity in their economic forecasts. In a long-run “unbounded growth” scenario where AI is fully developed, up to 23% of workers may lose employment and labor productivity increases by as much as three to four times, according to a May 2025 research […]