Dow Jones Top Financial Services Headlines at 4 PM ET: Saylor's Strategy Sells Bitcoin for First Time Since 2022 | Wise ...

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Saylor's Strategy Sells Bitcoin for First Time Since 2022

The bitcoin-hoarding firm says it sold the cryptocurrency to fund distributions on its preferred stock.

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Wise Group Faces Court Summons Over Money Laundering Probe

The London-headquartered group said it was working with the Brussels prosecutor to respond to queries, adding that no specific findings had been shared with the company.

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Illinois Lawmakers Pass Bill to Bar Private Equity Control of Law Firms

The state legislature joined Colorado in trying to restrict investors' ability to influence law firms.

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The AI Trade Hits Overdrive, Powering Stocks to Historic Gains

The S&P 500 just posted one of its best two-month runs ever. That often means more good times ahead.

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Apollo Joins Alpine Investors in Backing Home Services Giant Apex

The asset manager led a $2 billion minority investment that is said to value Apex Service Partners at about $10 billion.

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Berkshire Hathaway to Buy Home Builder Taylor Morrison for $6.8 Billion

The deal is one of the first big moves by Greg Abel, who succeeded Warren Buffett as chief executive officer in January.

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Venture Capital Turns to Hardware Bets as AI Threatens Software Companies

Investors are betting big on infrastructure and "physical AI," enticed by the prospect of new revenue opportunities.

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The Hedge Fund Veteran Trying to Make His Past Self Obsolete With AI

Former short seller Joe O'Donnell makes software for analysts that can perform tasks in hours that used to take him weeks.

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SoftBank Bolsters DigitalBridge Dealmaking Even Before Final Takeover

DigitalBridge, which SoftBank is currently buying, is acquiring ArcLight Capital Partners in a deal that analysts say would be more difficult for DigitalBridge to complete on its own.

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Financial Services Roundup: Market Talk

Find insight on Hyperliquid, Taiwan inflation and more in the latest Market Talks covering financial services.

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Kalshi Launches First Perpetual Futures in the U.S.

The Commodity Futures Trading Commission has allowed the company to offer perpetuals, which will give U.S. investors access to crypto trading on the prediction market's platform.

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Big Banks Are Raking In Profits as Market Turbulence Shows No Signs of Easing

JPMorgan Chase Chief Executive Jamie Dimon says his bank's trading business could outperform expectations this quarter.

 

(END) Dow Jones Newswires

June 01, 2026 16:00 ET (20:00 GMT)

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