Financials

The bank has a 10-year plan to facilitate and finance roughly $1.5 trillion in support of critical industries.

Broadcom is working with OpenAI to develop and deploy 10 gigawatts of custom artificial-intelligence accelerators, while MP Materials and other rare-earth stocks extend sharp gains.

Jefferies invested around $43 million in the auto-parts supplier, which collapsed in September.

Dividends are being cut and some high-profile bankruptcies are spooking investors.

Business development companies are worth a look, especially given that most now trade for considerably less than the value of their assets.

Valuations are the big concern. The market’s fundamentals will be on full display this coming week when earnings season kicks off with reports from the big banks.

Delta and PepsiCo report quarterly earnings that beat analysts’ estimates.

The bankruptcy highlights the danger of private financing, as the auto-parts supplier’s web of murky accounts are scrutinized.

Fed members disagreed about further rate cuts, Kevin Warsh aims to remake the central bank, tech earnings are around the corner, and more news to start your day.

Tesla and Oracle rebound after shares of both declined Tuesday, while Equifax fights back in its battle of credit scores with Fair Isaac.

Loans to non-depository financial institutions like Tricolor now account for some 33% of all commercial and industrial loans originated by large banks.

Equifax is trying to break mortgage lenders’ reliance on FICO scores.

Third-quarter profit growth should be solid. Tech and AI will lead the way, but earnings momentum could broaden too.

Air travel delays ramp up, activists say Wells Fargo should keep independent board chair, NYSE parent invests in prediction market, and more news to start your day.

Prediction markets are taking off—and changing sports gambling in the process.

Few firms have a better handle on the current scene or a stronger risk-management culture than Goldman Sachs.

DraftKings and FanDuel-parent Flutter have seen their stocks fall more than 20% over the last month, as prediction markets threaten to win their gambling customers.

Intercontinental Exchange is investing up to $2 billion in the prediction market Polymarket.

The Accountability Board said in a proposal that Wells’ decision to remove the requirement from its bylaws this year was short-sighted.

White Mountains Insurance Group has a history of steadily growing its book value, and its stock currently trades at a discount.

The shares sank 36% in the third quarter alone.

Fair Isaac, the producer of the FICO Score, changed its pricing model, giving it a greater share of the overall credit-scoring revenue.

Morgan Stanley reiterates Overweight ratings for Equifax, TransUnion, and Experian stocks.

Tesla deliveries jump, OpenAI’s market value is $500 billion, Trump’s tariffs hit farmers hard, and more news to start your day.

Tesla posts strong third-quarter deliveries, while Equifax and TransUnion tumble after credit score provider Fair Isaac unveils new models that would bypass credit bureaus. Fair Isaac shares surge.