Latest news with #BGC
Business Wire
20 hours ago
- Business
- Business Wire
BGC Group Announces Schedule Update for Piper Sandler Global Exchange & Trading Conference on June 5, 2025
NEW YORK--(BUSINESS WIRE)--BGC Group, Inc. (Nasdaq: BGC) today announced that two of its Co-CEOs, John Abularrage and Sean Windeatt, will now present at the Piper Sandler Global Exchange & Trading Conference, at 2:00 p.m. ET on Thursday, June 5, 2025. A live webcast of the event will be made available at A replay of the event will also be made available at the same site for a period of 365 days after the conference. Statements made during the webcast may include forward-looking statements about the Company. About BGC Group, Inc. BGC Group, Inc. (Nasdaq: BGC) is a leading global marketplace, data, and financial technology services company for a broad range of products, including fixed income, foreign exchange, energy, commodities, shipping, equities, and now includes the FMX Futures Exchange. BGC's clients are many of the world's largest banks, broker-dealers, investment banks, trading firms, hedge funds, governments, corporations, and investment firms. BGC and leading global investment banks and market making firms have partnered to create FMX, part of the BGC Group of companies, which includes a U.S. interest rate futures exchange, spot foreign exchange platform and the world's fastest growing U.S. cash treasuries platform. For more information about BGC, please visit Discussion of Forward-Looking Statements about BGC Statements in this document regarding BGC that are not historical facts are 'forward-looking statements' that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about the Company's business, results, financial position, liquidity and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. Except as required by law, BGC undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see BGC's Securities and Exchange Commission ("SEC") filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K.
Yahoo
22-05-2025
- Business
- Yahoo
BGC Group to Present at the Piper Sandler Global Exchange & Trading Conference on June 5, 2025
Webcast Available for Investors NEW YORK, May 22, 2025--(BUSINESS WIRE)--BGC Group, Inc. (Nasdaq: BGC) today announced that its Co-CEOs, John Abularrage and Sean Windeatt, are scheduled to present at the Piper Sandler Global Exchange & Trading Conference at 8:30 a.m. ET on Thursday, June 5, 2025. A live webcast of the event will be made available at A replay of the event will also be made available at the same site for a period of 365 days after the conference. Statements made during the webcast may include forward-looking statements about the Company. About BGC Group, Group, Inc. (Nasdaq: BGC) is a leading global marketplace, data, and financial technology services company for a broad range of products, including fixed income, foreign exchange, energy, commodities, shipping, equities, and now includes the FMX Futures Exchange. BGC's clients are many of the world's largest banks, broker-dealers, investment banks, trading firms, hedge funds, governments, corporations, and investment firms. BGC and leading global investment banks and market making firms have partnered to create FMX, part of the BGC Group of companies, which includes a U.S. interest rate futures exchange, spot foreign exchange platform and the world's fastest growing U.S. cash treasuries platform. For more information about BGC, please visit Discussion of Forward-Looking Statements about BGCStatements in this document regarding BGC that are not historical facts are "forward-looking statements" that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about the Company's business, results, financial position, liquidity and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. Except as required by law, BGC undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see BGC's Securities and Exchange Commission ("SEC") filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K. View source version on Contacts Media Contact: Erica Chase+1 212-610-2419Investor Contact: Jason Chryssicas+1 212-610-2426 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
22-05-2025
- Business
- Business Wire
BGC Group to Present at the Piper Sandler Global Exchange & Trading Conference on June 5, 2025
NEW YORK--(BUSINESS WIRE)--BGC Group, Inc. (Nasdaq: BGC) today announced that its Co-CEOs, John Abularrage and Sean Windeatt, are scheduled to present at the Piper Sandler Global Exchange & Trading Conference at 8:30 a.m. ET on Thursday, June 5, 2025. A live webcast of the event will be made available at A replay of the event will also be made available at the same site for a period of 365 days after the conference. Statements made during the webcast may include forward-looking statements about the Company. About BGC Group, Inc. BGC Group, Inc. (Nasdaq: BGC) is a leading global marketplace, data, and financial technology services company for a broad range of products, including fixed income, foreign exchange, energy, commodities, shipping, equities, and now includes the FMX Futures Exchange. BGC's clients are many of the world's largest banks, broker-dealers, investment banks, trading firms, hedge funds, governments, corporations, and investment firms. BGC and leading global investment banks and market making firms have partnered to create FMX, part of the BGC Group of companies, which includes a U.S. interest rate futures exchange, spot foreign exchange platform and the world's fastest growing U.S. cash treasuries platform. For more information about BGC, please visit Discussion of Forward-Looking Statements about BGC Statements in this document regarding BGC that are not historical facts are 'forward-looking statements' that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about the Company's business, results, financial position, liquidity and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. Except as required by law, BGC undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see BGC's Securities and Exchange Commission ("SEC") filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K.
Entrepreneur
20-05-2025
- Business
- Entrepreneur
Cryptocurrency Outperformance Reflects Market's Bullish Risk Appetites
Recession odds have declined, and crypto stocks are soaring. Here are 2 picks to watch right now. This story originally appeared on WallStreetZen The stock market has been on a relentless rise since bottoming in early April as tariff fears reached a crescendo. Since then, the administration has backed off its extreme stance and chosen a more moderate approach. Already, recession odds have drastically declined, and the market seems willing to look past near-term disruptions that could result due to tariffs. This explains the stock market's V-shaped bounce. Cryptocurrency Outperformance Interestingly, cryptocurrencies are one one of the strongest parts of the market in this post-tariff period. Even during the decline, the sector demonstrated relative strength. While most assets made lower lows, between late-March and early-April, bitcoin formed a double-bottom. And, it continues to lead on the upside, as it currently flirts with all-time highs, while broader markets remain firmly below their all-time highs. Given the inherent risk of the sector, this behavior during a period of risk-aversion in financial markets is certainly noteworthy. In fact, this type of relative strength into and out of market bottoms is often an indication of institutional accumulation and a harbinger of future outperformance. Recent examples include AI stocks out of the market bottom at the end of 2022 and tech stocks in March 2020. In both instances, the bullish price action and early leadership out of market bottoms was an indication of favorable fundamental developments and marked the beginning of multiyear bull markets. Secular and Cyclical Drivers Certainly, crypto's bullish technicals are also supported by positive long-term fundamental developments, coupled with cyclical catalysts. In this cycle, crypto has proven itself to be an effective 'store-of-value' against inflation. Additionally, it benefits from current fiscal dynamics where developed economies are dealing with rising deficits and soaring rates which is also the fuel behind gold's recent strength. In terms of longer-term catalysts, traditional financial institutions continue to increase exposure to the sector from an investment and operations perspective. Further, the increasing number of ETFs means that the asset class opens up to a much wider audience of potential investors including financial advisors. 2 Stocks to Consider Investors seeking exposure to this crypto boom can consider stocks like Bitcoin Depot (BTM) and BGC Group (BGC). Both stocks are rated a Strong Buy (A) by the Zen Ratings. A-rated stocks have posted average annual performance of 32.5% which handily beats the S&P 500's average annual gain of 10.8%. Notably, BGC is up by more than 33% since its low on April 7, while the more speculative BTM is up by more than 150% since early-April. BCG is also part of the Zen Investor portfolio. Each stock in the Zen Investor portfolio is hand-picked by 40+ year market veteran Steve Reitmeister, who uses a rigorous 4-step screening process to locate the highest-potential stocks. Click here to check out other stocks in the Zen Investor portfolio. What to Do Next?
Yahoo
20-05-2025
- Business
- Yahoo
Why BGC Group Inc. (BGC) Surged Today
We recently published a list of . In this article, we are going to take a look at where BGC Group, Inc. (NASDAQ:BGC) stands against other stocks that stole the show today. Ten mid-cap companies from diverse sectors stood out on Monday, outperforming the lackluster performance of major indices, thanks to a flurry of corporate developments that sparked investor appetite. While the firms boasted between 5 and 14 percent gains, the Dow Jones rose by only 0.32 percent, while the S&P 500 and the tech-heavy Nasdaq each inched up by 0.09 percent and 0.02 percent, respectively. In this article, we list the names of the top-performing stocks and detail the reasons behind their gains. To come up with the list, we considered only the stocks with a $2 billion market capitalization and $5 million in trading volume. A portrait of a successful businessman looking up with confidence and optimism, surrounded by financial reports. BGC Group grew its share prices by 8.9 percent on Monday to end at $10.03 apiece following news that it agreed to repurchase more than 16.4 million common shares beneficially owned by US Secretary of Commerce and former chairman and CEO, Howard Lutnick. In a statement, BGC Group, Inc. (NASDAQ:BGC) said it agreed to buy back the shares at a price of $9.2082 apiece for a total of $151 million, in furtherance of Lutnick's US government ethics agreement. 'Repurchasing more than 16.4 million of our shares demonstrates our commitment to shareholder capital return,' said BGC Group, Inc. (NASDAQ:BGC) CFO Jason Hauf 'Given our record first quarter results and anticipated strong cash flow generation this year, we believe buying back our shares in this highly efficient manner is a great use of our capital that delivers strong value creation to our shareholders.' The transaction divested Lutnick's ownership, voting, and economic interests in the company. Overall, BGC ranks 3rd on our list of stocks that stole the show today. While we acknowledge the potential of BGC as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that has gone up since the beginning of 2025, while popular AI stocks have lost around 25%. If you are looking for an AI stock that is more promising than BGC but that trades at less than 5 times its earnings, check out our report about this . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
