Dow Jones Top Financial Services Headlines at 11 am ET: Strategy's Turnaround Plan Includes Stock Buyback, Bitcoin Sales and More Reserves | Absence ...

Dow Jones06-29 23:00

Strategy's Turnaround Plan Includes Stock Buyback, Bitcoin Sales and More Reserves

The moves are aimed at stemming the loss of confidence in Michael Saylor's crypto-hoarding company.

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Absence of 'Meaningful' Benchmarks Bedevils 401(k) Private-Markets Investing

A proposed Labor Department rule poses a hurdle in calling for performance measures when investing from retirement savings plans.

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How a Tight-Lipped Fed Could Lead to Higher Mortgage Rates

Less guidance and more volatility can add a premium to mortgage bonds.

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Why 'permabear' Jeremy Grantham is steering his own cash into high-flying tech companies

A viral social-media post this weekend took Jeremy Grantham bashing a step further by looking at the investing legend's own investments.

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Financial Services Roundup: Market Talk

Find insight on Judo Capital, Insurance Australia Group, AMMB Holdings and more in the latest Market Talks covering Financial Services.

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Ant International-Backed Fintech Unicorn Files for Philippines' Largest-Ever IPO

A Philippine fintech unicorn backed by Ant International is planning to raise up to $1.5 billion in an initial public offering that, if successful, would be the country's largest-ever listing.

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Prosus Targets $5 Billion Buyback, More Acquisitions to Drive Growth

The tech investor seeks outright acquisitions and purchases of minority stakes to become less reliant on its stake in China's Tencent Holdings.

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BIS Sees Peril for Economy, Financial System in AI Investment Boom

Fierce competition will dominate artificial intelligence risks driving investment spending to excessive levels that could tip some economies into recession, the Bank for International Settlements said.

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Lawmakers Call for Federal Probe of Polymarket Over Deceptive Advertising

Two senators asked regulators to probe Polymarket's promotion of fake bets following the Journal's reporting.

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Women Were the Stars of JPMorgan's CEO Succession Race-Until They Weren't

The bank remains an industry leader in promoting women, but the female contenders for the top job are out of the running.

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Fed's Kashkari Says the Fed May Have to Raise Rates This Year

Minneapolis Fed President Neel Kashkari said inflation risks have led him to pencil in one rate hike by the end of the year.

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Robinhood Co-Founder Baiju Bhatt Breaks Down the Lucky Streaks in His Career

Baiju Bhatt, the billionaire behind Robinhood Markets, weighs in on whether luck or skill helped him most in pivoting business models and creating viral memes.

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Fiserv Insiders Load Up on Stock After CEO's Exit

Shares of the fintech are sliding in the wake of its former CEO's exit, and top executives are buying.

 

(END) Dow Jones Newswires

June 29, 2026 11:00 ET (15:00 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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