At $30 per share, the top of its marketed range, Medline was originally planning to raise about $5.4bn, but the company is discussing raising as much as $7bn, according to people briefed on the talks, though no final decisions have been made. A company representative did not immediately respond to a request for comment.

Rob Reiner portrayed Jordan Belfort's father Max Belfort in the 2013 movie 'The Wolf of Wall Street'

Wall Street’s semiconductor industry, a cornerstone of the artificial intelligence (AI) boom, has delivered another impressive year, climbing roughly 40% in 2025. The strong performance has provided significant support to the broader tech and AI-focused market,

Rising depreciation expenses from the data center binge is a major worry. Alphabet, Microsoft and Meta combined for about $10 billion in depreciation costs in the final quarter of 2023. The figure rose to nearly $22 billion in the quarter that just ended in September. And it’s expected to be about $30 billion by this time next year.

The Nasdaq recovered on Tuesday to close higher while the S&P 500 and the Dow closed lower, impacted by declines in healthcare and energy stocks. Investors evaluated delayed economic data to gauge the Federal Reserve's monetary policy outlook for next year.

"Rob Reiner sent this to my father on his death bed. Truly a class act."

Wall Street is optimistic about the stock market going into next year on hopes that lower interest rates will lift growth.

By Anirban Sen NEW YORK, Dec 16 (Reuters) - Round-the-clock trading is fast approaching U.S. stock markets, but not all of Wall Street is embracing the move. Several of the largest U.S. banks are reluctant to push aggressively into enabling round‑the‑clock stock trading,

Ford shifts EV strategy, takes $19.5B write-down and drops current Lightning production. Nasdaq seeks SEC nod for round-the-clock stock trading - report. Holiday shopping season ramps up.

Critics argue that formalizing nearly nonstop trading could worsen some of the very problems that plague the structure of equity markets today.