Business

Charlesbank nears law firm deal as private equity pushes deeper into US legal sector

Investment in insurance defence specialist WSHB expands non-lawyer ownership beyond personal injury firms

Alibaba Tops Chinese Tech Stocks This Quarter on AI Resurgence

Alibaba Group Holding Ltd. is reclaiming its place as one of investors’ favorite Chinese technology stocks, on bets it can beat rivals in the combative artificial intelligence market.

US warns Siemens devices can be hacked amid fears Iran is breaching water plants

Google Pixel 11 Series Review: Familiar Design, Compelling Software Updates

The company’s new handsets bring a familiar design and some practical software and AI enhancements.

Harvard Fund Discloses $2.2 Billion Stake in Musk’s SpaceX

Harvard Management Co. disclosed a $2.2 billion stake in SpaceX, showing how the university’s endowment has profited from an early bet on Elon Musk’s giant rocket company. Janet Lorin, Bloomberg News Higher Education Reporter, discusses…

Cantor Becomes To Offer Access To Prediction Market Kalshi

Cantor Fitzgerald & Co. is giving Wall Street clients access to Kalshi’s prediction markets, in the latest push by the event bets exchange to encourage more institutional involvement in the burgeoning asset class.

Ex-FTX, Alameda Executives Get 5-Year Trading Bans in CFTC Case

FTX co-founder Gary Wang and former Alameda Research Chief Executive Officer Caroline Ellison avoided financial penalties under a settlement with the US derivatives regulator over their roles at the collapsed cryptocurrency exchange.

Jim Cramer says buy Target on any pullback as turnaround takes hold

Wall Street cheered improving financial metrics across the board in its latest earnings results.

Bessent Deploys Debt Buybacks in Sign of Concern Over Yield Rise

US Treasury Secretary Scott Bessent made a fresh attempt to rein-in long-term borrowing costs from multi-year highs, sending Treasury yields and the dollar down. Ira Jersey, Chief US Interest Rates Strategist for Bloomberg Intelligence…

Indian fintech Navi to raise $100 million ahead of planned IPO

Putin pledges help for Wildberries warehouses hit by Ukraine

Kyiv’s drones have partly or completely destroyed seven warehouses of Russia’s largest online retailer

Moderna Surges on Cancer Vaccine; Estee Lauder Rallies on Earnings | Stock Movers

On this episode of Stock Movers: - Shares of Moderna (MRNA) surged by a record 101% - the stock’s biggest intraday gain on record - after the biotech said a personalized cancer vaccine combined with partner Merck & Co.’s Keytruda helped…