Meituan founder donates $2.27 billion shares as charity grips Chinese billionaires
The founder of food delivery giant Meituan Dianping will donate shares worth about $2.27 billion to his personal charity, a stock exchange filing late on Thursday…
Reuters
RPT-EXPLAINER-What is a gamma squeeze and how did it drive up AMC’s stock price?
Shares of AMC Entertainment Holdings Inc surged to a record high this week in a blistering rally that again highlighted how an arcane options market dynamic known…
Duration of U.S. dollar weakness splits FX analysts – Reuters
The U.S. dollar outlook is uncertain, with foreign exchange strategists in a Reuters poll almost evenly split on the greenback’s near-term direction following two…
Stock Analysis
S&P indexes raise minimum market cap requirements – Reuters
S&P Dow Jones Indices announced on Thursday it was increasing the minimum market capitalization requirements for companies joining the S&P 500 and other stock market…
U.S. SEC names new acting director of trading and markets unit – Reuters
The U.S. Securities and Exchange Commission (SEC) on Thursday named David Saltiel as acting director of the agency’s trading and markets division, which regulates…
European stock traders place their blockbuster bets in the dark – Reuters
Think of an exclusive poker game where the minimum bet is close to $1 million. The stock-trading version, “dark pools” that host blockbuster trades, are pulling…
Asia shares off 3-month highs, caution ahead of U.S. payrolls – Reuters
Asian shares were a touch below a recent three-month top on Thursday with China a tad weaker as investors weighed inflation concerns ahead of key U.S. economic…
Wall St treads water ahead of key economic data; AMC soars – Reuters
The S&P 500 (.SPX) was little changed on Wednesday ahead of key U.S. economic data due later in the week as investors weighed inflation concerns and a fresh surge…
Krispy Kreme IPO looks half-baked – Reuters
Krispy Kreme’s initial public offering is far from dollars to doughnuts. Five years after being bought by JAB, the maker of sugary pastries is going public again….
MIDEAST STOCKS Saudi stocks extend gains, most major Gulf markets up in early trade – Reuters
Most major Gulf markets rose in early trade on Wednesday, with Saudi stocks extending gains into a seventh session amid rising oil prices.