Perella Weinberg Strikes Deal for Advisory Firm Specializing in Red-Hot Market
The boutique investment bank is buying Devon Park Advisors, a big player in continuation-fund deals.
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Why the Latest Meme Stock Craze Won't Take Down the Overall Market
Krispy Kreme, Opendoor, Rocket and Kohl's are merely the public face of a summer boom in bets by private traders.
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Financial Services Roundup: Market Talk
Find insight on the London Stock Exchange Group, the U.S. housing market and more in the latest Market Talks covering Financial Services.
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Berkshire Stock Sees Weird Trading. The A Shares Pop While B Shares Dip.
It is unclear what caused the late-day buying in the A shares, but it looks like it will reverse Friday.
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Wells Fargo to Name CEO Charlie Scharf Chairman
The appointment rewards the executive who led the bank back from a scandal involving the creation of millions of fake customer accounts.
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Geico, Berkshire Hathaway's Car Insurer, Is on Recovery Road
Warren Buffett's 'first business love' needed some TLC, and tech and analytics investments have paid off. But Progressive still has the lead.
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AXA Shares Slide After Currency Fluctuations Bite
The insurer reported net profit of €3.92 billion for the first half of 2025, a 2% dip on the same period last year.
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MicroStrategy Swings to Profit on Bitcoin Gains
The company's bitcoin per share increased by 25% in the second quarter from a year earlier.
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Coinbase's Profit Jumps on Crypto Investment Gains
The largest U.S. crypto exchange's revenue fell short of Wall Street expectations.
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Figma Is Largest VC-Backed American Tech Company IPO in Years
At more than $19 billion, the design-software company's initial market cap priced well above its private valuation, a welcome scenario for venture investors
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Mastercard Profit Climbs on Revenue Gains From Spending, Services
Mastercard said more consumer spending in its payment network translated to higher revenue and earnings in the second quarter.
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Intercontinental Exchange Revenue, Profit Increase
Intercontinental Exchange reported higher top- and bottom-line results in its latest quarter.
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S&P Global Earnings Rise; Lowers FY Earnings Expectations
S&P Global said second-quarter profit rose due to "resilience in the debt and equity markets." However, the company lowered its full-year earnings view despite raising its expectations for revenue growth.
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KKR Posts Higher Revenue, Increases Assets Under Management
The New York investment firm posted a profit of $472.4 million, compared with $667.9 million a year earlier.
(END) Dow Jones Newswires
August 01, 2025 11:00 ET (15:00 GMT)
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