Dow Jones Top Financial Services Headlines at 12 AM ET: SoftBank Group's PayPay Targets $13.4 Billion Valuation in U.S. IPO | Kalshi ...

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SoftBank Group's PayPay Targets $13.4 Billion Valuation in U.S. IPO

SoftBank Group's payments app operator, PayPay's U.S. initial public offering could bolster the Japanese technology investor's coffers as it pours billions into artificial intelligence.

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Kalshi Co-Founder Says Prediction Markets Need 'Moral Side' After Halting Khamenei Trades

Kalshi's rules exclude death as a factor in resolving event contracts, meaning more than $50 million worth of trades were halted after the Iranian leader was killed over the weekend.

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Fidelity's Annual Profit Jumps After Market Rally Lifts Revenue to a Record

The privately held financial conglomerate now oversees $18 trillion in customer accounts and investment funds.

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Bregal Sagemount Hits $3.5 Billion Upper Limit for Fifth Growth Fund

The growth-focused private-equity firm topped a $3 billion goal for its latest investment pool to back rapidly expanding businesses.

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BlackRock, EQT-Led Consortium to Acquire AES for $10.7 Billion

A consortium of investors including BlackRock's Global Infrastructure Partners and investment group EQT agreed to acquire AES for $10.7 billion.

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Berkshire's New CEO Lays Out How He Will Pick Up Where the Buffett Era Left Off

Greg Abel has told shareholders that he plans to follow Warren Buffett's blueprint as he starts his own era at Berkshire Hathaway.

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The Obscure Fee Costing You More to Buy a Car

Car buyers paid more than $26 billion in "destination charges" last year.

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Financial Services Roundup: Market Talk

Find insight on aviation insurers, Monte dei Paschi and more in the latest Market Talks covering Financial Services.

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Berkshire Hathaway's Earnings Weren't as Bad as They Looked. A Goodwill Write-Down Hit Operating Profits.

Berkshire holds a near-record $373 billion in cash.

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They Built the Hottest Firm on Wall Street. Now They Have to Save It.

Doug Ostrover and Marc Lipschultz made Blue Owl a private-credit behemoth with bets on software, AI and individual investors. It is starting to show cracks.

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The Big Bet on European Defense Stocks Is Getting Expensive

More money for military spending likely will mean more political interference and bad news for margins.

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Berkshire's Abel Pledges to Follow Buffett's 'Framework'

The December quarter marked Warren Buffett's last as Berkshire CEO, a role now occupied by his longtime deputy.

 

(END) Dow Jones Newswires

March 03, 2026 00:00 ET (05:00 GMT)

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