NYSE-owner Intercontinental Exchange rises on report of $2 billion Polymarket stake
Intercontinental Exchange rose after The Wall Street Journal reported that the company was nearing as deal for a $2 billion stake in Polymarket.
World Bank raises China growth forecast to 4.8% despite U.S. trade tensions
The World Bank now projects 4.8% growth for China, up from 4.0% predicted earlier this year.
‘Outside of AI, I’m not really excited about anything,’ Wells Fargo Chief Equity Strategist Ohsung Kwon says
Wells Fargo Securities Ohsung Kwon explains why he doesn’t expect AI stocks are in a bubble.
Stocks making the biggest moves midday: Critical Metals, Comerica, Advanced Micro Devices, Abercrombie & Fitch and more
These are some of the stocks posting the largest moves midday.
Paul Tudor Jones says ingredients are in place for massive rally before a ‘blow off’ top to bull market
Paul Tudor Jones said today’s market is reminiscent of the setup leading up to the burst of the dotcom bubble in late 1999.
Mike Novogratz’s Galaxy Digital jumps 10% after launching retail trading app to compete against Robinhood
Galaxy Digital introduced a commission-free trading platform, Galaxy One, on Monday that offers similar services to rival Robinhood.
Stocks making the biggest moves premarket: AMD, Comerica, Micron Technology & more
These are the stocks posting the largest moves in early trading.
India New Issue-Bangalore International Airport to issue 15-year bonds, bankers say
Bangalore International Airport Ltd (BIAL) will raise 46.38 billion rupees ($522 million) through a second tranche of 15-year bonds, offering an 8.15% monthly coupon. This follows a similar 43.62 billion rupees bond sale in July. The company, which operates India’s third-busiest airport, will reset these bonds after 10 years.
India’s Adani Enterprises taps debt private placement after 2-year gap, bankers say
Adani Enterprises is set to raise 10 billion rupees ($112.6 million) via a private placement of two-year and six-month bonds, its first such fundraising since 2023. The bonds, offering an 8.70% semi-annual coupon, follow recent regulatory dismissals of some Hindenburg allegations against the conglomerate.
Investors may want to consider boosting their exposure abroad — even with U.S. stocks around record highs
“Home bias is about as bad as it’s ever been in the United States,” ETF.com’s Dave Nadig told CNBC’s “ETF Edge” this week.
