News Highlights: Top Financial Services News of the Day - Monday at 7 AM ET

Dow Jones
24 Feb
 
Robinhood Plans Ambitious Crypto Expansion Under Trump Administration 
 

The trading platform made famous during meme-stock mania wants to diversify its digital-currency business into areas including the potential tokenization of equities.

 
Stocks Have a Big, Expensive Problem 
 

The gap between expected returns for large growth stocks that dominate stock markets today and cheaper alternatives has never been so big. Here's what is attractive.

 
Warren Buffett Occasionally Writes to Shareholders About Overheated Markets. Not This Year. 
 

The Berkshire Hathaway chairman acknowledged that "often, nothing looks compelling" in the hunt for equity investments.

 
Australia's Perpetual Ends Talks With KKR Over $1.39B Asset Sale 
 

Australia's Perpetual ended talks with KKR about a potential asset sale to the U.S. buyout firm, and will instead look to hold onto its corporate trust unit.

 
The Long Nights and Drug Addiction That Drove a Banker to Insider Trading 
 

John Femenia says he conceived of the scheme while high on stimulants and working late as an investment banker.

 
Warren Buffett Defends His Growing Cash Pile 
 

The legendary investor wrote in Saturday's annual letter that Berkshire Hathaway will never prefer cash over "good businesses."

 
Financial Services Roundup: Market Talk 
 

Find insight on European banks and more in the latest Market Talks covering financial services.

 
Coinbase Says SEC Intends to Drop Lawsuit Against Crypto Exchange 
 

The agency had sought to oversee the company as a stock market.

 
Khosla Ventures Hits Fundraising Trail 
 

Vinod Khosla's firm Khosla Ventures, a leading backer of artificial intelligence and other startups, has started reaching out to potential investors for its next set of funds, according to people familiar with the situation.

 
Crypto exchange Bybit suffers $1.4 billion hack. Here's why it's troubling for the industry. 
 

The hack of Bybit is the latest incident in which the crypto industry has been targeted.

 
 

(END) Dow Jones Newswires

February 24, 2025 07:00 ET (12:00 GMT)

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