Clear Street's Billion-Dollar IPO - What It Signals For Wall Street
Benzinga· 2026-02-06 21:40
Core Viewpoint - Clear Street's upcoming IPO is seen as a precursor to a potential IPO boom in 2026, reflecting growing confidence among businesses to go public as market conditions improve [1][2][14] Company Overview - Clear Street is targeting a valuation of approximately $11.8 billion in its IPO, aiming to raise up to $1.05 billion by offering 23.8 million shares priced between $40 and $44 each [2][3] - The company operates as a cloud-native brokerage, focusing on innovative market infrastructure without legacy systems, which enhances its clearing, settlement, custody, and financing services [5] - Clear Street reported a net profit of $157 million for the first nine months of 2025, a significant increase from $49 million during the same period in 2024 [6] Market Context - Analysts predict a renaissance in IPOs in 2026, following a backlog of companies hesitant to go public due to previous market slowdowns and geopolitical uncertainties [9][10] - Major tech companies, including Anthropic, OpenAI, and SpaceX, are expected to launch IPOs in 2026, potentially leading to a record-breaking year for public listings [11][12][13] Strategic Moves - Despite recent workforce reductions in its UK arm, Clear Street is pursuing expansion in Europe by seeking regulatory approval as an investment firm and clearing provider in the Netherlands [7][8] - The successful debut of Clear Street is anticipated to signal investor readiness for upcoming IPOs, setting the stage for a strong IPO market in 2026 [14]
Verizon Executives Rarely Sell Company Stock. This Insider Just Did.
Barrons· 2026-02-06 21:40
Verizon Executives Rarely Sell Company Stock. This Insider Just Did. - Barron'sSkip to Main ContentThis copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.# Verizon Executives Rarely Sell Company Stock. This Insider Just Did.By [Mackenzie Tatananni]ShareResize---ReprintsIn this a ...
PSFE CLASS ACTION NOTICE: Glancy Prongay Wolke & Rotter LLP Files Securities Fraud Lawsuit On Behalf Of Paysafe Limited Investors
Businesswire· 2026-02-06 21:40
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay Wolke & Rotter LLP ("GPWR†), announces that it has filed a class action lawsuit in the United States District Court for the Southern District of New York, captioned Singh v. Paysafe Limited, et al., Case No. 1:26-cv-01048, on behalf of persons and entities that purchased or otherwise acquired Paysafe Limited ("Paysafe†or the "Company†) (NYSE: PSFE) securities between March 4, 2025 and November 12, 2025, inclusive (the "Class Period†). Plaintiff. ...
Hiltzik: The Dow just broke 50,000. Here's what that means
Yahoo Finance· 2026-02-06 21:39
Trader Chris Lagana works on the floor of the New York Stock Exchange on Friday as the Dow Jones Industrial Average closed above 50,000 for the first time. (Richard Drew / Associated Press) Round numbers always enchant humans, especially when they're big round numbers. So you'll probably be reading and hearing a lot about how the Dow Jones Industrial Average crossed the 50,000-point threshold Friday for the first time. Actually, "threshold" isn't the right word. The mark's significance is psychological, ...
Bristol-Myers Squibb: A Dividend Gem With Hidden Upside In 2026
Seeking Alpha· 2026-02-06 21:39
It has been one year since I last covered Bristol-Myers Squibb ( BMY ), rating the stock a Hold . That article followed Q4 2024 earnings, when investors were spooked by declining 2025Brendan, a Pennsylvanian by birth:-Completed a Ph.D. at Stanford University in the field of organic synthesis (2009). -Worked for a major pharmaceutical company (Merck, 2009-2013).-Worked in biotech including start-ups (Theravance/Aspira) prior to securing employment at Caltech.-First employee and co-founder of 1200 Pharma as i ...
Robinhood’s Battered Stock Gets Some Relief. A Full Recovery Will Take More Time.
Barrons· 2026-02-06 21:39
Robinhood's Stock Lost Nearly Half Its Value Since October. Why It's Up Today. - Barron'sSkip to Main ContentThis copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.---# Robinhood's Battered Stock Gets Some Relief. A Full Recovery Will Take More Time.## A decline in cryptocurrenc ...
Amazon Stock Investors Just Got Fantastic News From CEO Andy Jassy
Yahoo Finance· 2026-02-06 21:36
Amazon's (NASDAQ: AMZN) earnings report on Thursday sent the stock lower, worsening an already difficult 2026 for the stock. Shares are now down more than 10% year to date. Investors were digesting the company's mind-boggling guidance for 2026 capital expenditures of about $200 billion. These aggressive investments will be driven, in large part, by the company's effort to support fast-growing demand for its cloud computing business, Amazon Web Services (AWS). But should the stock really be selling off bec ...
Stocks Roar Back as Beaten-Down Tech Sector Rebounds
Yahoo Finance· 2026-02-06 21:35
Bitcoin (^BTCUSD) recovered from a 1.25-year low on Friday and surged by more than +11% to lift cryptocurrency-exposed stocks. Bitcoin is recovering from a selloff that briefly dragged it down more than 50% from its October record high. According to Coinglass data, investors pulled $434 million from US Bitcoin ETFs on Thursday, and about $2.1 billion in long positions in cryptocurrencies were liquidated over the past 24 hours.Fed comments on Friday were mixed for stocks and bonds. On the positive side, Fed ...
INVESTOR ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Hub Group
Globenewswire· 2026-02-06 21:35
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Significant Losses In Hub Group To Contact Him Directly To Discuss Their Options If you suffered significant losses in Hub Group stock or options and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, Feb. 06, 2026 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a ...
Why BellRing Brands Stock Was Plummeting This Week
Yahoo Finance· 2026-02-06 21:34
Largely because of a poorly received earnings report, BellRing Brands (NYSE: BRBR) was an unpopular stock over the past few trading days. Several post-earnings price target cuts by analysts also dampened sentiment. BellRing's stock got its bell rung as a result, falling by nearly 21% across this week, according to data compiled by S&P Global Market Intelligence. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopol ...