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Exchange operator Miami International soars 38% in debut after $345 million IPO

Exchange operator Miami International soars 38% in debut after $345 million IPO

By Arasu Kannagi Basil, Anirban Sen and Rishab Shaju NEW YORK (Reuters) -Shares of Miami International Holdings jumped 38% from their initial public offering price, valuing the exchange operator at about $2.5 billion on its debut in New York on Thursday. The stock market launch of MIAX, as the company is referred to, marks the first listing of a major U.S. financial exchange in 15 years, as only ...

2025-08-15 03:58:11
Citigroup considers custody and payment services for stablecoins, crypto ETFs

Citigroup considers custody and payment services for stablecoins, crypto ETFs

By Tatiana Bautzer and Hannah Lang NEW YORK (Reuters) -Citigroup is exploring providing stablecoin custody and other services, a top executive told Reuters, in a further sign sweeping policy changes in Washington are spurring major financial firms to expand into the cryptocurrency business. The U.S. bank is among a handful of traditional institutions, including Fiserv and Bank of America, consider ...

2025-08-15 03:56:06
Flowers Foods, Alussa Energy set to report earnings Friday

Flowers Foods, Alussa Energy set to report earnings Friday

Earnings season continues, and we’re here to spotlight the companies expected to unveil their financial results on the next trading day, helping you prepare for the market action. Leading the lineup for Friday, August 15, 2025, are Flowers Foods and Alussa Energy Acquisition, among others. These reports will provide valuable insights into various sectors of the economy. Earnings Before the Open: ...

2025-08-15 03:53:34
Retail sales and consumer sentiment data to drive markets Friday

Retail sales and consumer sentiment data to drive markets Friday

As traders approach another pivotal day for financial markets, a series of crucial economic data releases that could sway market dynamics are expected on Friday, August 15, 2025. The spotlight will be on retail sales figures and consumer sentiment data, which will provide valuable insights into consumer spending patterns and overall economic health in the United States. Major Economic Events to Wa ...

2025-08-15 03:51:00