BlackRock’s Assets Surge Past $12 Trillion
Record-high U.S. stock prices and $68 billion of net client inflows boosted the investment firm.
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Bank of New York Mellon Earnings Boosted by Net Interest
Bank of New York Mellon logged higher-than-expected earnings and revenue in the second quarter, helped by its fast-growing net interest income.
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Why AI Darling CoreWeave’s Bid for Its Own Landlord Spooked Investors
CoreWeave and Core Scientific are both down sharply since agreeing to merge.
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Nvidia Wins OK to Sell AI Chip to China Again After CEO Meets Trump
The U.S. will grant licenses for the H20 chip after it had announced restrictions in April.
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Rio Tinto Names Iron Ore Chief Simon Trott as CEO
The miner opted for Trott and his experience running its most profitable operations as the company seeks to strengthen its growing business.
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Volvo Car to Take $1.2 Billion Hit From Tariffs, EV Launch Delays
The carmaker has been grappling with tariff uncertainty, muted electric-vehicle demand and intensifying competition in China.
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Japan NTT’s Data-Center Arm Plans Multibillion-Dollar Push on AI Demand
The Japanese telecom giant’s data-center arm is aiming to pour billions into its business to meet rising demand for artificial-intelligence computing and other uses, its chief executive said.
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Ericsson Earnings Beat Forecasts Despite Tariff Hit
The telecommunications-equipment company benefited from a larger share of sales in higher-margin countries, increased licensing revenue and cost savings.
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Trade Desk Stock Jumps After Company Added to S&P 500
It will replace Ansys, which is being purchased by S&P 500 constituent Synopsys.
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Starbucks Tells White-Collar Workers to Come to the Office More-Or Take a Buyout
The four-day minimum requirement will begin in the new fiscal year, and some leaders will have to relocate to Seattle or Toronto within 12 months.
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PE-Backed McGraw Hill, NIQ Global Intelligence Unveil IPO Terms
Education publisher McGraw Hill and consumer-intelligence provider NIQ Global Intelligence have unveiled terms of planned initial public offerings that could give each of the private equity-backed companies a multibillion-dollar market capitalization.
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Coinbase Is the Real Trump Trade as Stock Set for Record Closing High
The crypto exchange is on pace to finish with a market capitalization just under $100 billion.
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Grayscale Joins Queue of Crypto Firms Filing to Go Public
The company, controlled by billionaire Barry Silbert, is following Gemini and Circle in seeking to tap the public markets.
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Wells Fargo beats revenue expectations, but stock falls as net interest income misses
(END) Dow Jones Newswires
July 15, 2025 07:15 ET (11:15 GMT)
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