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Tech Stocks, Meme Stocks, Crypto: Investors Are Feeling Bold Again
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Wall Street Wrestles With Dealmaking, Trading Slump
Morgan Stanley said second-quarter profit fell 13% from a year ago, driven by a 22% decline in trading revenue. Source link
One Equity Investigated by SEC
The Securities and Exchange Commission is investigating whether private-equity firm One Equity Partners’ communications with investors about its past and future performance violated rules. Source
Oddity Prices Closely Watched IPO Above Expectations
Beauty company sells more shares than planned, signaling investors may be ready to write checks for new companies again. Source link
Prologis Boosts Outlook on Record Quarterly Earnings
The logistics-property giant is building and buying warehouses even as interest rates rise and logistics demand falters. Source link
ClickIPO Securities renews its collaboration with TradeStation Securities
ClickIPO Securities, LLC, an IPO marketplace for qualified retail investors, announced it is re-launching distribution support with TradeStation Securities, Inc, self-clearing online brokerage for trading
Morgan Stanley's Profit Falls, Hurt by Lower Trading Revenue
Results show that Wall Street-style businesses like investment banking and trading are still in the doldrums. Source link
Cathie Wood's ARK Writes Down Twitter Stake by 47%
Wood is still bullish on Twitter’s long-term outlook and said her fund updates its internal valuations of private companies frequently. Source link
Hong Kong Is Bullish on Crypto. Its Banks Aren't So Sure.
Crypto CEOs used to talk about disrupting the financial system. Now some of them are struggling to find a bank. Source link
Venture Firms Scale Back Megafunds
The prolonged startup bear market is forcing some venture firms to unwind investments and scale down expansion plans. Source link