Wealth Management Industry News
A collection of Wealth Management latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Industrials Up on Peace Hopes - Industrials Roundup
Shares of industrial and transportation companies rose as traders bet the U.S. and Iran would avert a return to full-blown war. One strategist said recent weakness in defense contractors is an indication of market expectations for a lull in U.S.
Forza Wealth Management LLC Buys Shares of 4,651 Palo Alto Networks, Inc. $PANW
Forza Wealth Management LLC bought a new stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 4,651 shares of the…
Mexico's Industrial Production Falls in May
MEXICO CITY--Industrial production in Mexico pulled back in May, led by a decline in construction activity after making solid gains the previous month. Industrial output was down 0.8% from April in seasonally adjusted terms, national statistics…
EU Gives Conditional Nod to $14 Billion Tie-Up Between Baker Hughes, Chart Industries
European Union competition authorities cleared oil-services giant Baker Hughes's nearly $14 billion deal to acquire Chart Industries, pending a divestment of part of the latter's business to assuage competition concerns. Baker Hughes said last year…
Bitcoin Rallies Toward $65,000 Level As Multiple Factors Drive Gains
Bitcoin neared $65,000 on July 10 as numerous variables combined to fuel the latest upside. Bitcoin prices rallied on Friday, July 10, approaching $65,000 as a range of factors contributed to the digital currency's upward movement. The world's most…
Prepare for the Fed to undo rate cuts that stabilized the economy, expert cautions
Investors shouldn't count on the Federal Reserve delivering only one interest-rate hike, according to a fixed-income strategist. The futures market is leaning toward one hike in 2026 as Fed Chair Kevin Warsh seeks to get inflation back down to the…
The Question Many Women Investors Are Really Asking
Nathaniel J. Tilton, CFP, AIF, Managing Principal and Wealth Advisor, Tilton Wealth Management. As a male financial advisor who works primarily with female pre-retirees and retirees, I'm often asked, 'Wouldn't women prefer working with a woman…
Materials Up on Rate Optimism - Materials Roundup
Producers of metals, grains and other raw materials rose amid optimism about interest rates. Some investors are placing contrarian bets that the Federal Reserve will not raise rates this year, as widely anticipated. Rate-sensitive gold futures fell…
Tech Up on Strong Hynix Debut - Tech Roundup
Shares of technology companies rose after a strong debut for one artificial-intelligence star. SK Hynix American depositary receipts rose by 13% on their U.S. stock market debut. After the market closed Thursday, the South Korean memory chip maker…
Energy Up Slightly as Traders Await U.S.-Iran Updates - Energy Roundup
Shares of energy companies rose slightly as traders awaited confirmation that the U.S. and Iranian peace deal was still intact. Oil futures fell slightly. Shipping traffic has once again slowed since the clashes between the U.S. and Iran near the…
Utilities Up Slightly as Traders Hedge on War Risk - Utilities Roundup
Shares of power producers rose slightly as traders hedged their bets on the outlook for conflict in Iran. A return to full-blown war would likely spur demand for safe havens in the short term. Longer term, the implications for inflation and…
Health Care Down on Rotation Back to Tech - Health Care Roundup
Health-care companies fell as traders rotated back into risky sectors. The Food and Drug Administration approved a combination treatment by Merck & Co., Pfizer, and Astellas Pharma for a hard-to-treat form of bladder cancer. Shares of obesity drug…
Financials Up Ahead of Earnings - Financials Roundup
Shares of banks and other financial institutions rose ahead of earnings in the sector. Shares of Circle Internet Group rose after the firm received approval from federal banking regulators to establish a national trust bank, a regulatory milestone…
Q32 Bio Shares Climb Ahead of Drug Trial Results for Alopecia Treatment
Q32 Bio's stock surged after the company disclosed plans to report on the results of a drug trial evaluating an immunotherapy's effects on alopecia areta on Monday. Shares were up 38% to $15.47 in after-hours trading on Friday. Through the market's…
Pharmaceutical Company Apnimed Files for IPO
Apnimed, a pharmaceutical company developing a treatment for sleep apnea, filed for an initial public offering. The company did not say how many shares it intends to offer, or at what price, according to a Friday filing with the Securities and…
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