Dow Jones Top Financial Services Headlines at 7 AM ET: Can Social-Media Fame Power an IPO? Bill Ackman Is About to Find Out | Edison ...
Can Social-Media Fame Power an IPO? Bill Ackman Is About to Find Out
The billionaire investor is aiming to take public both a new stock-picking fund and his management company on Wednesday.
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Edison Partners Backs Fuel Saving-Technology Developer CleanDesign
The private-equity firm led a $20 million growth investment in the supplier of software-controlled battery systems used to cut generator fuel demand.
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Barclays Posts Higher Profit Despite One-Off Costs
Profit edged higher as strong revenue growth was partially offset by a write-off linked to the collapse of a U.K. mortgage finance company.
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SoftBank shares dive, U.S. tech stocks under pressure on report of OpenAI missing goals
SoftBank Group shares tumbled in Tokyo trade, suffering its worst single-day percentage loss in six months, after a published report that OpenAI missed several internal targets in the face of competition from rival artificial-intelligence labs.
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Financial Services Roundup: Market Talk
Find insight on Barclays, Orix, Commerzbank and more in the latest Market Talks covering Financial Services.
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Saba Launches New Strategy for Private-Credit Jitters After Tepid Response to Blue Owl Tender
Despite limited interest in the Blue Owl tender offer, Boaz Weinstein's firm is forging ahead with new strategy to capitalize on private-credit fears.
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Fed Chair Powell Confronts His Final Big Decision: Stay or Go
With Kevin Warsh's confirmation back on track, the last unresolved question is whether Powell will give up his seat on the Fed's board next month.
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German Consumer Sentiment Slumps to Three-Year Low on Iran War Impact
The conflict in the Middle East dimmed income expectations and hopes for a tentative economic rebound this year amid surging energy prices.
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Forvis Mazars Lays Off U.S. Workers in Restructuring
The accounting firm cut about 3% of its U.S. workforce across audit, tax and consulting, people familiar with the matter said.
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Wall Street Is Sorting Software Companies Into Winners and Losers
The threat of artificial-intelligence tools has stirred fears about the future of software and what might happen to loans in the sector-but not all software companies are equally endangered.
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The AI Frenzy Is Back and Lifting the Entire Stock Market to Record Highs
Signs of froth are everywhere, with the IPOs of Anthropic and OpenAI expected to be the biggest ever and investors desperate to find ways in.
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Two Big Loan Defaults Add to Pain in Private-Credit Funds
Software maker Medallia and dental-services provider Affordable Care can't repay billions borrowed from private-credit lenders including Blackstone and KKR.
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Trump's Crypto Luncheon Draws 'Superstars.' But His Token Hovers Near Low.
The president feted the biggest holders of his namesake memecoin at Mar-a-Lago on Saturday, cheering on a crypto market still fighting through a monthslong slump.
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America's Pandemic Car Bubble Is Now Trapping Buyers in Debt
The average amount a borrower with negative equity carries on a vehicle has jumped more than 40% since 2021.
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U.S. Regulator Sues New York State for Prediction Markets Crackdown
The Commodity Futures Trading Commission is seeking a declaratory judgment that it has exclusive authority to regulate the prediction markets, according to a lawsuit filed Friday.
(END) Dow Jones Newswires
April 28, 2026 07:15 ET (11:15 GMT)
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