Here’s why Palantir’s stock is down despite a ‘bombastic’ quarter
A deceleration in U.S. commercial contract growth gave some Wall Street analysts pause despite Palantir’s earnings beat.
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Clifton Asset Management appoints Edward Ellis as CFO
Edwards has more than 12 years of experience in financial services. Credit: Mameraman/ Shutterstock.com. Clifton Asset Management has selected Edward Ellis as its new chief financial officer, replacing Ellis Organ following his retirement after almost three decades with the business. The new finance chief will be based in London and will also spend time regularly…
Ledger Probes Reseller Supply Chain as Analysts Track $86 Million in Suspected Drains
XTB Adds Overnight US Stock Trading; Nasdaq Ventures Invests in One Trading XTB Adds Overnight US Stock Trading; Nasdaq Ventures Invests in One Trading XTB Adds Overnight US Stock Trading; Nasdaq Ventures Invests in One Trading XTB Adds Overnight US Stock Trading; Nasdaq Ventures Invests in One Trading XTB Adds Overnight US Stock Trading; Nasdaq…
Gaia Lands Another Extension for Williamsburg Apartments’ $48M Loan – Commercial Observer
It’s déjà vu for GAIA Real Estate. The developer landed for the second straight year a one-year extension for its $48 million loan on loan with Raymond James Bank backing a multifamily property at 55 Hope Street in Williamsburg, Brooklyn, Commercial Observer can first report. The extension pushed the loan maturity to August 2027, which…
Kevin Warsh plans to stop scripting the Fed’s next moves. It could trigger a wild ride for traders.
James Bullard, a former president of the St. Louis Federal Reserve, said Fed Chair Kevin Warsh could decide on policy changes without signaling to the market first, sparking volatility
XTB Examines Systematic Internalizer Model to Cut Trading Costs
XTB is examining systematic-internalizer arrangements for stock and ETF execution, Filip Kaczmarzyk, its board member for trading, said in an interview published today (Friday). The broker is looking for lower execution costs while retaining its zero-commission offer. Executing eligible orders against a firm’s own book, rather than routing every order to an exchange, could make…
Rising Storm Costs Force State Farm To Spike Illinois Home Insurance Rates
Homeowners in Illinois will see steep insurance rate increases throughout the fall as State Farm announced an average 8% increase for customers in the state. The new rates took effect on Oct. 1 for new customers. Existing customers will see the increases on Dec. 1. While California wildfires and coastal hurricanes are often on the news, the Midwest is…
