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Stock gain as trade, Fed optimism rises
NEWS INDUSTRY NEWS MAY 09, 2025
Stock gain as trade, Fed optimism rises

US equity futures are up ahead of trade talks with China.

BofA's Hartnett says US stock rally is likely over
NEWS INDUSTRY NEWS MAY 09, 2025
BofA's Hartnett says US stock rally is likely over

Strategist continues to favor bonds over stocks for 2025.

UBS could be about to sell its O’Connor hedge fund unit
NEWS INDUSTRY NEWS MAY 09, 2025
UBS could be about to sell its O’Connor hedge fund unit

Talks are reportedly underway with Cantor.

Billions in fees at risk over SEC's dual-share shift, Cerulli says
INVESTING ETFS MAY 08, 2025
Billions in fees at risk over SEC's dual-share shift, Cerulli says

Wirehouses and broker dealers stand to lose up to $30 billion a year if mutual fund managers are allowed to add ETF share classes to their current strategies, according to a new analysis.

Private credit fund results point to pockets of weakness
INVESTING ALTERNATIVES MAY 08, 2025
Private credit fund results point to pockets of weakness

Preliminary earnings reports reveal softness among BDCs, with some expecting challenges to leak in from tariff tensions.

Stocks gain as Trump plans 'major' trade deal announcement
NEWS INDUSTRY NEWS MAY 08, 2025
Stocks gain as Trump plans 'major' trade deal announcement

He hasn't said which country, but all bets are on the UK.

Trump set to simplify Biden-era chip restrictions
NEWS INDUSTRY NEWS MAY 08, 2025
Trump set to simplify Biden-era chip restrictions

AI-diffusion rule could be rescinded, easing regulation.

Bitcoin is nearing $100K for the first time since February
NEWS INDUSTRY NEWS MAY 08, 2025
Bitcoin is nearing $100K for the first time since February

Other cryptos are also gaining amid trade expectation.

Apple eyes major AI play that could disrupt Google
NEWS INDUSTRY NEWS MAY 08, 2025
Apple eyes major AI play that could disrupt Google

AI search would mark a big shift for Mac, iPhone, iPad users.

Trump administration's downsizing push hits thousands of Wall Street cops
NEWS REGULATION AND LEGISLATION MAY 07, 2025
Trump administration's downsizing push hits thousands of Wall Street cops

Buyouts, layoffs, early retirements, and hiring freezes have added up to the steepest cuts in decades at the SEC and other federal agencies.