Magellan Financial reported lower fiscal 2026 revenue, while its combined group with Barrenjoey Capital Partners generated A$777.9 million in pro forma revenue after the merger. Shares closed down 14%.
Form 13F filings show five billionaire money managers sold Palantir in the second quarter. The article identifies an AI applications stock they bought heavily instead.
The article compares SoFi and Sezzle as fintech investment options. It notes SoFi's diversification and bank-like product range while evaluating which stock is the better buy.
Reddit's chief accounting officer reported an insider transaction involving 1,265 shares. The transaction was valued at about $192,000 based on a weighted average execution price of $151.71 per share.
European stocks were modestly higher on Tuesday as U.S. Treasury yields eased from recent highs. Reports indicated the Treasury could use its near $1 trillion General Account to help fund its recently announced bond buyback program.
Reddit's chief legal officer reported a disposition of 3,887 shares withheld for tax obligations at $151.71 per share. The transaction value was $590,000.