UAE’s largest bank FAB plans to raise up to $4.08 billion via rights issue

More in Finance

• CFTC investigates if Kalshi improperly self-certified event contracts

  Federal scrutiny is intensifying across the prediction market sector as authorities examine compliance with contract notification rules. Regulators privately flagged concerns over weather-related offerings, potentially leading to formal enforcement charges in the near term. This inquiry coincides with broader congressional pushback against event-based trading formats.

  1 min read
• Delek US rises as Freedom Broker upgrades to Buy on refining strength

  Wall Street sentiment turned favorable for the energy company as analysts identified improving conditions across its core operating space. Freedom Broker adjusted its stance upward, anticipating that healthy downstream dynamics will drive stronger performance. Investors responded positively to the revised forecast, sending the equity higher in subsequent trading.

  1 min read
• Wall St opens higher as CoreWeave lifts AI trade

  Broader market sentiment gained solid early support during the trading session as investor appetite actively focused on the artificial intelligence sector. Strong momentum originating from CoreWeave catalyzed buying interest that expanded across equities right from the opening bell. Market participants are watching to see if this technology-driven optimism can sustain the upward trajectory throughout the day.

  1 min read