The exchange will allow users to pledge bStocks tokens as margin collateral starting July 15, broadening trading flexibility. Binance will add 10 bStocks tokenized securities as eligible collateral assets for Cross Margin, Portfolio Margin, and Portfolio Margin Pro on July
WFC plans an 11% dividend increase for Q3, pending board approval, lifting payouts to $0.50 from $0.45. Wells Fargo will increase its third-quarter common stock dividend by 11% to $0.50 per share, up from $0.45. The move reflects the bank’s confidence in its capital positi
Clinical-stage biotech Q32 Bio prices 6.03M shares to fund development, marking a significant equity raise in the sector. Q32 Bio Inc. (QTTB) has priced a public offering of 6.03 million shares of common stock at $18.25 per share, raising approximately $200 million in gros
The bid includes $50 billion in committed financing and marks a 28% premium over PayPal’s latest closing price. Stripe and private equity firm Advent International have submitted a $53 billion offer to acquire PayPal, valuing the company at $60.50 per share. The proposal i
South Korean chipmaker SK Hynix surged as Wall Street's tech rebound and optimism over AI memory demand drove semiconductor stocks higher. SK Hynix shares climbed 13% on the Korean exchange Wednesday, recovering from earlier weekly losses. The gain mirrored a broader rebou
The Dutch semiconductor equipment maker raised its revenue forecast for the second time in 2024 due to surging demand for advanced lithography tools. ASML increased its full-year sales guidance to between 43 billion euros and 45 billion euros, up from a prior range of 36 b
JPMorgan to raise quarterly dividend to $1.65 JPMorgan Chase intends to increase its quarterly common stock dividend to $1.65 per share. The increase represents a 10% rise from the previous payout of $1.50. The new dividend will be effective for the Q3 2026 distr
Markets await August producer prices and weekly mortgage application figures for inflation and housing demand signals. The Bureau of Labor Statistics will release August Producer Price Index data at 8:30 AM ET, offering insights into wholesale inflation trends. Economists
Cooler-than-expected US inflation data boosts Asian equities, with South Korea's Kospi surging over 5% before trading halts. Asian stocks rose Wednesday after softer US inflation data reduced expectations for a July Federal Reserve rate hike. The report fueled risk appetit
Phoenix Education Partners projects fiscal 2026 revenue between $1.02 billion and $1.025 billion amid OpenAI collaboration. Phoenix Education Partners (PXED) projected fiscal 2026 net revenue of $1.02 billion to $1.025 billion during its Q3 earnings call. The outlook refle
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