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Fintech broker Clear Street offers investors pre-IPO access to $188 billion AI giant Databricks

Fintech brokerage Clear Street is launching a private markets platform, beginning with Databricks stakes, to give investors more access to late-stage startups. from Finance https://ift.tt/bZyVzGM via IFTTT

More consumer companies are staying private for longer, avoiding the IPO road

With the rise of secondary markets and a stronger liquidity environment, more companies are choosing to stay private for longer, according to experts. from Finance https://ift.tt/jV3UI8e via IFTTT

China’s U.S.-bound shipments fall in July after brief recovery, survey shows

The latest China Beige Book study found factory activity decelerated in July. from Finance https://ift.tt/LR2tGsT via IFTTT

Stocks making the biggest moves after hours: Apple, Amazon, Rivian, Reddit & more

These are the stocks posting the largest moves in extended trading. from Finance https://ift.tt/BZWmDFI via IFTTT

Jeffrey Gundlach says the bond market is telling Warsh the Fed has to start acting on inflation

Gundlach said the divergent moves across the Treasury curve showed investors' skepticism that the Fed will ultimately follow through. from Finance https://ift.tt/yCE5Iod via IFTTT

Divided Fed holds interest rates steady, but three members voted to hike

Despite increasing support for a rate increase, the Federal Open Market Committee voted 9-3 to leave the federal funds rate in a range between 3.5% and 3.75%. from Finance https://ift.tt/1GyfKQS via IFTTT