Dow Jones Top Financial Services Headlines at 12 AM ET: Wall Street Bonuses Are Expected to Hit Another High This Year | Fintech ...
Dow Jones2026/10/07 04:00Wall Street Bonuses Are Expected to Hit Another High This Year New York reports that the industry is now on pace for $90 billion in profits this year, leading to higher compensation. ---- Fintech Plaid Bets on Credit Scores to Fuel Next Phase of Growth EXCLUSIVE: Plaid is doubling down on its credit-scoring business with new AI models as the company aims to chart its next era of growth with a suite of products beyond its core business. ---- Companies Raise More Than $1 Trillion in Equity Markets, But AI, Bond Yields Sour Mood Markets had been expecting a bumper quarter following an ebullient start to the year crowned by SpaceX's record-breaking IPO. ---- Forbion Raises $2.6 Billion in Boost to European Biotech Industry Dutch haul comes despite European drugmakers and investors warning the region is losing ground. ---- Hackers Use Chinese AI Tool to Hit South Korean Banks, Exposing New Risk The attacks were the latest to highlight the vulnerability of even hardened targets to hackers using freely available artificial-intelligence tools. ---- Financial Services Roundup: Market Talk Find insight on Kalshi, Banco Santander, AIA, United Overseas Bank and more in the latest Market Talks covering Financial Services. ---- KKR Strikes Deal to Buy Private-Capital Fund Administrator Gen II Private-capital funds have proliferated in recent years as investors seek to reduce reliance on public markets. ---- NYSE Owner Launches Gold Futures in London The contract began trading Monday alongside new futures for silver, platinum and palladium. ---- Dan Ives Launches Another AI Fund Amid Conflict of Interest Questions A new closed-end fund carrying Dan Ives' name seizes on the analyst's reputation as one of Wall Street's most visible tech and AI optimists. ---- Bank Stocks Are Haunted by the Ghosts of 2023 Lenders have stronger balance sheets now as they face a new rate-hiking cycle. ---- Intesa Sweetens Monte dei Paschi Bid to $35.3 Billion, But Warns on Rival Deals The bank sweetened the total offer value and warned it could pull
Wall Street Bonuses Are Expected to Hit Another High This Year
New York reports that the industry is now on pace for $90 billion in profits this year, leading to higher compensation.
----
Fintech Plaid Bets on Credit Scores to Fuel Next Phase of Growth
EXCLUSIVE: Plaid is doubling down on its credit-scoring business with new AI models as the company aims to chart its next era of growth with a suite of products beyond its core business.
----
Companies Raise More Than $1 Trillion in Equity Markets, But AI, Bond Yields Sour Mood
Markets had been expecting a bumper quarter following an ebullient start to the year crowned by SpaceX's record-breaking IPO.
----
Forbion Raises $2.6 Billion in Boost to European Biotech Industry
Dutch haul comes despite European drugmakers and investors warning the region is losing ground.
----
Hackers Use Chinese AI Tool to Hit South Korean Banks, Exposing New Risk
The attacks were the latest to highlight the vulnerability of even hardened targets to hackers using freely available artificial-intelligence tools.
----
Financial Services Roundup: Market Talk
Find insight on Kalshi, Banco Santander, AIA, United Overseas Bank and more in the latest Market Talks covering Financial Services.
----
KKR Strikes Deal to Buy Private-Capital Fund Administrator Gen II
Private-capital funds have proliferated in recent years as investors seek to reduce reliance on public markets.
----
NYSE Owner Launches Gold Futures in London
The contract began trading Monday alongside new futures for silver, platinum and palladium.
----
Dan Ives Launches Another AI Fund Amid Conflict of Interest Questions
A new closed-end fund carrying Dan Ives' name seizes on the analyst's reputation as one of Wall Street's most visible tech and AI optimists.
----
Bank Stocks Are Haunted by the Ghosts of 2023
Lenders have stronger balance sheets now as they face a new rate-hiking cycle.
----
Intesa Sweetens Monte dei Paschi Bid to $35.3 Billion, But Warns on Rival Deals
The bank sweetened the total offer value and warned it could pull out if Monte dei Paschi shareholders backed rival deals.
----
Trump Accounts' Extraordinary Expansion Puts Individual Stocks Into Kids' Holdings
The latest shift in the program ties children's wealth building directly to the fate of particular companies.
(END) Dow Jones Newswires
October 07, 2026 00:00 ET (04:00 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BitMine sets 5% Ether supply ‘hard cap’ as accumulation target nears
BUZZ-SpaceX seeks 40 billions USD in financing to purchase Nvidia chips, stock price drops in response
October 7 - SpaceX (SPCX.O) shares fell 1.8% in premarket trading to $168.9. According to the Financial Times, citing people familiar with the matter, the company plans to raise $40 billions to acquire Nvidia (NVDA.O) AI chips. The Financial Times reports that the proposed financing, led by Apollo Global Management (APO.N), includes around $10 billions in bank loans and $30 billions in investment-grade bonds to pay for the chip orders. This move by Elon Musk's company underscores the enormous capital required amid the AI boom, as tech companies race to expand their computing infrastructure. SpaceX, Apollo Global Management, and Nvidia have yet to respond to Reuters' requests for comment. Out of 41 brokerages, 32 have a "Buy" or higher rating on the stock, 6 rate it "Hold," and 3 as "Sell" or lower; the median target price is $217, according to data compiled by London Stock Exchange Group (LSEG). As of the previous trading session close, SPCX shares have risen 27.3% from their IPO price of $135.
BUZZ - Constellation Brands shares fall after lowering profit margin expectations
October 7 - Constellation Brands (STZ.N) shares fell nearly 5% in pre-market trading to $110.11. The Corona beer maker lowered its full-year operating margin forecast to 31%-32% from the previous 32%-33%. The company reported Q2 profit and sales on Tuesday that exceeded expectations, driven by strong demand for beers such as Modelo Especial and Victoria, which helped offset challenges in the alcohol sector amid weak consumption. JPMorgan stated that Q2 FY2027 financial results were largely in line with expectations; market focus may turn to management's outlook for H2 FY2027 beer business revenue and operating margins, and the implications for FY2028. The company will pay $75 million to acquire the vodka-based ready-to-drink (RTD) brand SpikedAde upon transaction completion, with up to a further $278 million over five years depending on brand performance and capital allocation priorities. “Although the brand and category are still nascent, the acquisition of SpikedAde could hold significant potential,” said JPMorgan. As of yesterday's close, the stock is down 16% year to date.
Advanced Micro Devices CEO Reportedly Seeks Samsung Partnership, Meets Korean Executives
04:37 AM EDT, 10/07/2026 (MT Newswires) -- Advanced Micro Devices (AMD) is pursuing a collaboration with Samsung Electronics in memory and chip manufacturing, multiple outlets reported Wednesday, citing Chief Executive Lisa Su and an unnamed person familiar with the matter. Su reportedly held talks with SK Hynix (SKHY) leadership and scheduled a meeting with Samsung semiconductor head Jun Young-hyun during a trip to South Korea, the reports said. The company depends heavily on South Korean suppliers to reach its data center targets and is encouraging manufacturers to improve output, Reuters quoted Su as saying. AMD, Samsung Electronics, and SK Hynix did not immediately respond to MT Newswires' request for comment.
Crypto prices
More
