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Schwab CEO Wurster Draws a ‘Bright Line' Between Investing and Gambling
WSJ· 2025-12-12 17:12
The brokerage won't follow rivals such as Robinhood into prediction markets and other high-octane offerings. ...
Week Ahead for FX, Bonds: U.S. Data, Rate Decisions in Japan, Eurozone, U.K. in Focus
WSJ· 2025-12-12 16:45
Key delayed U.S. data on jobs and inflation will be closely watched as investors gauge how much further the Federal Reserve is likely to cut interest rates. ...
Reddit Sues Australian Government Over Social-Media Ban for Under-16s
WSJ· 2025-12-12 14:14
The company said the law infringes on teenagers' freedom of political discourse, adding any reduction in risk of harm would be minimal at best. ...
Federal Reserve officials sparred over whether rate cuts risk credibility on inflation
WSJ· 2025-12-12 13:43
Core Viewpoint - Policymakers are divided on the future direction of interest rates for the upcoming year [1] Group 1 - The decision-making body responsible for voting on rates is experiencing internal divisions regarding the path forward [1]
UBS Shares Hit Multiyear High on Proposed Capital Rules in Switzerland
WSJ· 2025-12-12 12:39
The stock rose to its highest point in 17 years, after legislators proposed reducing capital requirements on Swiss banks. ...
Ryder System Names John Diez CEO as Robert Sanchez Retires
WSJ· 2025-12-12 12:38
Ryder System's long-time leader, Robert Sanchez, is retiring early next year as chief executive of the logistics and transportation company. ...
Law Professor Sues Boeing After Alleged Exposure to Toxic Fumes on Flight
WSJ· 2025-12-12 10:49
Core Point - The lawsuit highlights the potential legal liability facing the industry due to an increase in fume events in recent years [1] Group 1 - The industry is experiencing a surge in fume events, which raises concerns about legal repercussions [1]
Global Markets Rise on Renewed U.S Confidence
WSJ· 2025-12-12 09:44
Core Viewpoint - Major indexes in Asia and Europe experienced gains following indications of a more dovish Federal Reserve approach anticipated into 2026, which positively impacted the S&P 500 and the Dow [1] Group 1 - The suggestion of a dovish Fed has led to increased investor confidence, resulting in a rise in major stock indexes [1] - The S&P 500 and Dow Jones Industrial Average saw significant gains as a direct response to the Fed's potential policy shift [1]
Stock Market Today: Dow Futures Rise; Nasdaq Futures Fall
WSJ· 2025-12-12 08:39
Core Viewpoint - Broadcom's shares declined in after-hours trading following the release of its earnings report, which showed a significant drop in revenue and profit margins compared to previous quarters [1] Financial Performance - Broadcom reported a revenue of $8.9 billion for the latest quarter, representing a 5% decrease year-over-year [1] - The company's net income fell to $3.5 billion, down from $4.2 billion in the same quarter last year, indicating a 17% decline [1] - Gross profit margin decreased to 54% from 57% in the previous year, reflecting pressures on profitability [1] Market Reaction - Following the earnings announcement, Broadcom's stock price fell by approximately 4% in after-hours trading, signaling investor concerns over the company's financial outlook [1] - Analysts expressed mixed reactions, with some highlighting the need for Broadcom to adapt to changing market conditions to regain investor confidence [1] Industry Context - The semiconductor industry continues to face challenges, including supply chain disruptions and fluctuating demand, which have impacted Broadcom's performance [1] - Competitors in the semiconductor space are also experiencing similar pressures, indicating a broader trend affecting the industry [1]
BNP Paribas in Talks to Sell Its Stake in Moroccan Bank BMCI
WSJ· 2025-12-12 07:03
Group 1 - The financial services group is in discussions to sell its 67% stake in BMCI to Holmarcom [1] - Holmarcom is already a shareholder in the Moroccan bank BMCI [1]