Dow Jones Top Financial Services Headlines at 4 PM ET: Davos Founder Klaus Schwab Plots a Return to World Economic Forum | Strategy ...

Dow Jones07-07

Davos Founder Klaus Schwab Plots a Return to World Economic Forum

While Schwab claims an investigation cleared him of wrongdoing, internal documents show the Forum kept findings of its probe hidden.

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Strategy Logs $8.3 Billion Loss as It Sells Off Bitcoin

The loss comes after the company, formerly known as MicroStrategy, sold 3,588 Bitcoin for less than it paid.

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Michael Saylor's Strategy Is Trapped by Its Own Broken Bitcoin Math

The bitcoin hoarder created a bespoke valuation metric that ignores market realities.

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Credit Agricole Raises Stake in Italy's Banco BPM to 29.3%

The increase was part of the French bank's commitment to the Italian market and the move is expected to lower its CET 1 ratio by around 35 basis points by the end of the second quarter.

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SpaceX Is About to Join the Nasdaq-100. Here's How Exposed You'll Be.

Elon Musk's rocket maker will enter the tech index at a relatively low weight.

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B Capital Unveils $500 Million Early-Stage Fund as Startup Valuations Soar

With more money available, early-stage venture investing has become pricier. But the potential for 'giant returns' remains, says Chair Howard Morgan.

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Financial Services Roundup: Market Talk

Find insight on Castlelake, Judo Capital and more in the latest Market Talks covering Financial Services.

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A looming AI disappointment and rising yields. Why one research firm is hitting the brakes on U.S. stocks.

In a market dominated by tech stocks, a big test is facing investors in the next 12 months, warns MacroResearchBoard

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Blue Owl Investors Ask to Withdraw $4.7 Billion From Flagship Funds

Redemption requests declined from the previous quarter but remained elevated.

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Judge Rules JPMorgan Still Has to Pay for Charlie Javice's Legal Defense

The entrepreneur, convicted of defrauding the bank, and her lawyers have racked up $144.2 million in bills, with receipts including gummy bears and cellulite butter.

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Pluxee Shares Rise on Smaller-Than-Expected Revenue Drop

Pluxee shares rose after third-quarter revenue fell 3.3% on an organic basis, beating expectations of a 4.3% organic drop.

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Pershing Square Initiates Quarterly Dividend

The quarterly cash dividend of 12.2 cents a share is payable July 21 to shareholders of record July 13.

 

(END) Dow Jones Newswires

July 06, 2026 16:00 ET (20:00 GMT)

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