FINWIRES · TerminalLIVE
FINWIRES

$CME

54 stories mentioning CMEUpdated 3d ago

Every FINWIRES story that references CME, newest first.

What are analysts saying about CME?

Recent broker actions mentioned in FINWIRES coverage. Compiled from wire headlines; not investment advice.

What's the latest news on CME?

Wire

Webull to Add CME E-Nano Futures on S&P 500, Nasdaq

Webull (BULL) said its platform will offer CME Group's (CME) E-nano futures on the S&P 500 and Nasdaq-100 to eligible customers.The E-nano contracts are expected to become available in mid-September, Webull said Monday in a statement.Webull shares fell 0.3% in Monday trading, and CME's stock rose 0.9%.Price: $9.19, Change: $-0.03, Percent Change: -0.33%

$BULL$CME
Wire

CME Reports New Senior Leadership Appointments

CME (CME) said Wednesday Chief Accounting Officer Jack Tobin will be promoted to chief financial officer, effective March 2027, when the current President & CFO Lynne Fitzpatrick becomes CEO.Tobin will become deputy CFO in November 2026 to ensure a smooth transition, the company said.CME also said Deputy Chief Accounting Officer Matthew Render will succeed Tobin as chief accounting officer.Price: $276.12, Change: $-2.11, Percent Change: -0.76%

$CME
Sectors

Sector Update: Financial Stocks Edge Higher Late Afternoon

Financial stocks were edging higher late Tuesday afternoon, with the NYSE Financial Index up 0.2% and the State Street Financial Select Sector SPDR ETF (XLF) adding 0.1%.The Philadelphia Housing Index increased 0.3%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) advanced 0.1%.Bitcoin (BTC-USD) was shedding 0.3% to $78,919, and the yield for 10-year US Treasuries dropped 7.9 basis points to 4.63%.In economic news, US consumer confidence fell in August amid a decline in the expectations index, with a "more pessimistic" outlook for business conditions and the labor market ahead, the Conference Board said Tuesday. The consumer confidence index fell to 89.4 this month from July's reading of 90.2, which was the consensus in a Bloomberg survey.In corporate news, UBS (UBS) is expanding its efforts to offer customers deposits with Middle East lenders to take advantage of higher regional savings rates, Bloomberg reported. UBS shares rose 1.1%.Apollo Global Management (APO), KKR (KKR) and IFM Investors are the finalists for a majority stake in Associated British Ports, the UK's largest port operator, Bloomberg reported. Apollo shares rose 0.3%, and KKR was up 0.2%.Alphabet's (GOOGL) Google Cloud said Tuesday it has launched a new agentic AI service for financial professionals, with Deutsche Bank (DB) and CME (CME) among those firms granted early access. Deutsche shares rose 1.6%, and CME was down 0.7%.Bank of Nova Scotia (BNS) shares jumped past 7% after it reported better-than-expected Q3 results.

$APO$BNS$CME$DB$KKR$UBS
Wire

CME Group Reports First Trade of US Zinc Futures

CME Group (CME) said Tuesday the first trades of its US Zinc Futures contracts were executed on CME Globex by Glencore and Trafigura.The first trades, executed as of Aug. 20, were for delivery in September, the company said.The US Zinc Futures contract is physically settled and listed by and subject to the rules of COMEX, according to a statement.Price: $278.24, Change: $-0.93, Percent Change: -0.33%

$CME
Sectors

Sector Update: Financial Stocks Mixed Tuesday Afternoon

Financial stocks were mixed in Tuesday afternoon trading, with the NYSE Financial Index up 0.1% and the State Street Financial Select Sector SPDR ETF (XLF) fractionally lower.The Philadelphia Housing Index was decreasing 0.3%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) advanced 0.2%.Bitcoin (BTC-USD) was up 0.3% at $78,980, and the yield for 10-year US Treasuries dropped 6.1 basis points to 4.643%.In economic news, US consumer confidence fell in August amid a decline in the expectations index, with a "more pessimistic" outlook for business conditions and the labor market ahead, the Conference Board said Tuesday. The consumer confidence index fell to 89.4 this month from July's reading of 90.2, which was the consensus in a Bloomberg survey.In corporate news, Apollo Global Management (APO), KKR (KKR) and IFM Investors are the finalists for a majority stake in Associated British Ports, the UK's largest port operator, Bloomberg reported. Apollo shares eased 0.1%, and KKR was up 0.2%.Alphabet's (GOOGL) Google Cloud said Tuesday it has launched a new agentic AI service for financial professionals, with Deutsche Bank (DB) and CME (CME) among those firms granted early access. Deutsche shares rose 1%, and CME was down 0.6%.Bank of Nova Scotia (BNS) shares jumped past 6% after the company reported better-than-expected Q3 results.JPMorgan Chase (JPM) is easing a 135-day restriction on lending against shares of newly listed companies as Wall Street targets wealth created by IPO of AI companies, the Financial Times reported. Separately, JPMorgan and Santander (SAN) are leading a financing package of roughly $14 billion to $15 billion for Argentina LNG, Bloomberg reported. JPMorgan shares were down 0.2%, and Santander shed 0.8%.

$APO$BNS$CME$DB$JPM$KKR$SAN
Wire

Top Midday Stories: Dick's Sporting Goods Earnings, Guidance Undershoot Targets; SpaceX Targets Q4 2027 for First AI Satellite Launches

The Nasdaq Composite and S&P 500 Index were up, while the Dow Jones Industrial Average was roughly flat in late-morning trading, as longer-dated Treasury bond yields were down slightly and investors looked ahead to Nvidia's (NVDA) earnings results on Wednesday.Canada will impose counter tariffs of 15%, 25% or 50% on about $20 billion of imports from the US, effective Sept. 8, in response to President Donald Trumps recent announcement of 50% tariffs on roughly $20 billion of Canadian goods, Canadian Finance Minister Francois-Philippe Champagne said Tuesday at a press conference.In company news, Dick's Sporting Goods (DKS) reported fiscal Q2 non-GAAP earnings Tuesday of $3.53 per diluted share, down from $4.38 a year ago and below the FactSet consensus analyst estimate of $3.76. Fiscal Q2 net sales were $5.59 billion, up from $3.65 billion a year ago but below the FactSet consensus of $5.64 billion. For fiscal 2026, the company expects non-GAAP EPS of $11 to $12, down from its prior guidance of $13.50 to $14.50 and below the FactSet consensus of $14.28. Full-year net sales are expected to be between $21.9 billion and $22.2 billion, down from Dick's previous guidance of $22.1 billion to $22.4 billion and below the FactSet consensus of $22.33 billion. Shares of Dick's were down 27.6% around midday.SpaceX (SPCX) plans to launch its first artificial intelligence satellites run by Nvidia chips in Q4 2027, with the network expected to reach significant scale in 2028, Chief Executive Elon Musk said Monday on X. SpaceX shares were up 3.3%.Alphabet's (GOOG, GOOGL) Google Cloud said Tuesday it has launched a new agentic AI service for financial professionals, with Deutsche Bank (DB) and CME Group (CME) among those firms granted early access. Gemini Enterprise for Financial Services includes the Financial Research agent, skills to create shortcuts for repetitive tasks, integrations to FactSet (FDS) and Moody's (MCO), a third-party agent ecosystem and the Gemini Enterprise platform, the company said. Separately, Alphabet's Waymo said Tuesday it plans to establish a fully autonomous ride-hailing network in Munich. Alphabet's Class C and Class A shares were both down 0.5%, while Deutsche Bank and CME Group shares were up 1.0% and down 0.4%, respectively.Bank of Montreal (BMO) reported fiscal Q3 adjusted EPS Tuesday of 3.96 Canadian dollars ($2.86), up from CA$3.23 a year earlier and above the FactSet consensus of CA$3.77. Fiscal Q3 revenue was CA$9.9 billion, up from CA$8.99 billion a year ago and above the FactSet consensus of CA$9.73 billion. The bank said it plans to repurchase for cancellation up to 25 million of its common shares under a normal course issuer bid. The buyback program is expected to start around Sept. 8 and run until Sept. 7, 2027, the company said. Bank of Montrea shares were down 0.3%.Bank of Nova Scotia (BNS) reported fiscal Q3 adjusted EPS Tuesday of CA$2.28, up from CA$1.88 a year earlier and above the FactSet consensus of CA$2.10. Fiscal Q3 revenue was CA$10.54 billion, up from CA$9.49 billion a year ago and above the FactSet consensus of CA$9.98 billion. Scotiabank shares were up 4.9%.Price: $211.22, Change: $+2.74, Percent Change: +1.31%

$BMO$BNS$CME$DB$DKS$GOOG$GOOGL$NVDA$SPCX
Research

Deutsche Bank Downgrades CME Group to Hold From Buy, Adjusts Price Target to $270 From $286

CME Group (CME) has an average rating of overweight and mean price target of $283.87, according to analysts polled by FactSet.

$CME
Wire

CME to Launch Compute Futures With Silicon Data

CME (CME) and Silicon Data plan to launch two compute futures contracts, namely the Silicon Data H100 Rental Index Futures and Silicon Data B200 Rental Index Futures, on Oct. 5, pending regulatory review, the companies said Tuesday.The new futures will track indexes measuring hourly rental GPU costs compiled by Silicon Data, with each contract representing a month's worth of rent for the Nvidia (NVDA) H100, as well as the Blackwell B200, respectively, the companies said.These new trading tools are expected to offer hedging and investment vehicles to businesses looking to manage the cost of compute and hardware infrastructure required to run AI models, according to a statement.Price: $260.49, Change: $-3.16, Percent Change: -1.20%

$CME$NVDA
Wire

Market Chatter: Blackstone, Apollo Among Firms Targeted by Hackers

Blackstone (BX) and Apollo Global Management (APO) were among a group of prominent financial institutions and private equity firms targeted by ransom-seeking hackers over the past month, Reuters reported Thursday, citing Alphabet's (GOOG, GOOGL) Google and internet intelligence data it reviewed.The hackers, who created websites in order to steal passwords from workers, also targeted Bridgewater Associates, Bain Capital, KKR (KKR), TPG (TPG), CME Group (CME) and Moody's (MCO), the report said, citing the data.The companies did not immediately reply to requests for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $133.13, Change: $-2.90, Percent Change: -2.13%

$APO$BX$CME$KKR$MCO$TPG
Wire

Blackstone, Apollo Among Firms Targeted by Hackers, Reuters Reports

Blackstone, Apollo Among Firms Targeted by Hackers, Reuters Reports

$APO$BX$CME$KKR$MCO$TPG
Wire

CME Group, FutureSports to Launch Futures, Options on Sports Indexes

CME Group (CME) entered a long-term partnership with FutureSports to list futures and options on FutureSports Performance Indexes, an offering the companies said would be the world's first futures on sports indexes, the derivatives marketplace operator said Wednesday.The first monthly and quarterly cash-settled futures contracts are expected to begin trading this summer, pending regulatory review, CME said.The contracts will be based on FutureSports' rules-based indexes, which use officially reported, league-approved statistics to provide hedging and trading opportunities for institutional and individual investors, CME said.FutureSports plans to announce partnerships with global professional sports leagues, whose team and athlete statistics will be used to create benchmark indexes for exchange-listed products, according to the statement.Price: $265.22, Change: $+5.21, Percent Change: +2.01%

$CME
Wire

CME Group Broadening Long-Term Growth Opportunity With Multiple Emerging Vectors, Morgan Stanley Says

CME Group (CME) is broadening its long-term growth opportunity with multiple emerging vectors that include single stock and compute futures, 24/7 trading across cryptocurrencies, Treasury Link, and prediction markets, Morgan Stanley said in a Thursday research note.Building on this, Morgan Stanley said that these initiatives will expand the CME Group's addressable markets and create revenue opportunities that could meaningfully raise estimate revisions and are not currently fully reflected in the company's shares.Morgan Stanley raised its earnings per share estimates on the company by 1.5% and 1.8% for 2026 and 2027, respectively, and also increased its 2026 adjusted expenses forecast to about $1.71 billion, compared with the company's guidance of about $1.70 billion. Additionally, average daily volume is expected to grow 10.2% in 2026 and 5.7% in 2027.Morgan Stanley adjusted its price target on the company's stock to $330 from $324 and maintained its overweight rating.Price: $256.39, Change: $+7.15, Percent Change: +2.87%

$CME
Sectors

Sector Update: Financial Stocks Decline Late Afternoon

Financial stocks were lower in late Wednesday afternoon trading, with the NYSE Financial Index and the State Street Financial Select Sector SPDR ETF (XLF) each shedding about 0.5%.The Philadelphia Housing Index rose 0.6%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) decreased 0.4%.Bitcoin (BTC-USD) was declining 1.2% to $65,726, and the yield for 10-year US Treasuries rose 2.9 basis points to 4.657%.In sector news, Kalshi said Wednesday that it will launch a new election portal aimed at becoming a key reference point for US election odds ahead of the November midterm elections, according to multiple media reports.In corporate news, the EU is preparing to revisit airline ownership rules to tighten limits on foreign control of carriers, Reuters reported Wednesday, citing an EU official. The move may complicate US bids for easyJet, which is the target of competing takeover offers from New York-based Apollo Global Management (APO) and Minneapolis-based Castlelake, the report said. Apollo shares were up 0.4%.Morgan Stanley's (MS) wealth management unit has gained more than $70 billion in net new assets during Q2, largely fueled by the initial public offering of SpaceX (SPCX), Bloomberg reported. Morgan Stanley shares rose 1.1%.Coinbase (COIN) has settled its Freedom of Information Act lawsuit against the US Securities and Exchange Commission with the regulator agreeing to provide additional documents and pay $150,000, a court filing said Wednesday. Shares were off 5.3%.CME (CME) shares jumped 5% after it reported Q2 adjusted earnings Wednesday of $2.99 per diluted share, up from $2.96 a year earlier. Analysts polled by FactSet expected $2.91.

$APO$CME$COIN$MS
Wire

TD Cowen Raises CME Group Price Target to $292 From $270

CME Group (CME) has an average rating of overweight and mean price target of $280.60, according to analysts polled by FactSet.Price: $251.25, Change: $+13.87, Percent Change: +5.84%

$CME
Sectors

Sector Update: Financial Stocks Mixed in Afternoon Trading

Financial stocks were mixed in Wednesday afternoon trading, with the NYSE Financial Index fractionally higher and the State Street Financial Select Sector SPDR ETF (XLF) down 0.1%.The Philadelphia Housing Index rose 0.6%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) shed 0.4%.Bitcoin (BTC-USD) was declining 0.7% to $66,049, and the yield for 10-year US Treasuries was rising 2.6 basis points to 4.654%.In sector news, Kalshi said Wednesday that it will launch a new election portal aimed at becoming a key reference point for US election odds ahead of the November midterm elections, according to multiple media reports. The New York-based prediction market platform said the portal will combine traditional campaign polling, fundraising data, political news and trading activity from its election markets.In corporate news, Coinbase (COIN) has settled its Freedom of Information Act lawsuit against the US Securities and Exchange Commission with the regulator agreeing to provide additional documents and pay $150,000, a court filing said Wednesday. Coinbase shares were down 3.5%.CME (CME) shares jumped past 5% after it reported Q2 adjusted earnings Wednesday of $2.99 per diluted share, up from $2.96 a year earlier. Analysts polled by FactSet expected $2.91.Deutsche Bank's (DB) Frankfurt headquarters were searched by German prosecutors on Wednesday as part of an investigation into historic transactions conducted by Postbank between 2008 and 2010, Bloomberg reported. Deutsche shares were up 0.8%.

$CME$COIN$DB
Wire

Raymond James Adjusts Price Target on CME to $330 From $320, Maintains Outperform Rating

CME (CME) has an average rating of overweight and mean price target of $280.60, according to analysts polled by FactSet.Price: $253.58, Change: $+16.20, Percent Change: +6.82%

$CME
Sectors

Sector Update: Financial Stocks Advance Pre-Bell Wednesday

Financial stocks were advancing pre-bell Wednesday, with the State Street Financial Select Sector SPDR ETF (XLF) slightly higher.The Direxion Daily Financial Bull 3X Shares (FAS) was up 0.3% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 0.2% higher.Banco Santander (SAN) shares were up more than 1% after the company posted higher Q2 earnings and revenue.CME Group (CME) stock was up more than 1% after the company posted higher Q2 adjusted earnings and revenue.Moody's (MCO) shares were up more than 1% after the company reported higher Q2 adjusted earnings and revenue.

$CME$FAS$FAZ$MCO$SAN$XLF
Wire

JPMorgan Adjusts CME Group Price Target to $249 From $273

CME Group (CME) has an average rating of overweight and mean price target of $283.53, according to analysts polled by FactSet.Price: $245.91, Change: $+2.30, Percent Change: +0.94%

$CME
Commodities

CFTC Blocks CME Plan For 24x7 Crude Oil Futures Trading

The US Commodity Futures Trading Commission on Thursday halted Chicago Mercantile Exchange's (CME) bid to launch 24-hour, seven-day-a-week trading in crude oil futures, saying it needs more time to determine whether the product complies with federal derivatives laws.The regulator said it would exercise its authority to stay CME's self-certification of the contract, preventing the exchange from listing the product as early as Friday.The decision comes after the CFTC, on June 22, opened a public consultation on whether extending standard futures contracts to continuous 24/7 trading across various asset classes, including crude oil, is consistent with the Commodity Exchange Act and the agency's regulatory framework.However, despite the ongoing review and public comment period, CME submitted a self-certification filing for the crude oil contract on July 8."The CFTC is in the midst of examining whether 24/7 trading of futures contracts on various asset classes is consistent with our statutory core principles," Michael S. Selig, CFTC chairman, said in a statement.Selig said the agency does not take a "one-size-fits-all" approach to around-the-clock trading and criticized CME for moving ahead with the filing while the Commission was still evaluating the legal and regulatory implications.CFTC rules stipulate that exchanges can list new contracts either by self-certifying compliance or by seeking formal Commission approval.The CFTC said CME submitted filings under both procedures. Although the stay applies to the self-certification route, the Commission said it will continue to review the exchange's separate application under its formal approval process.The regulator said the stay will remain in place until it determines whether the proposed 24/7 crude oil futures contract complies with the Commodity Exchange Act and CFTC regulations.Price: $238.95, Change: $-4.12, Percent Change: -1.69%

$CME
Sectors

Sector Update: Financial Stocks Rise Thursday Afternoon

Financial stocks were advancing in Thursday afternoon trading, with the NYSE Financial Index and the State Street Financial Select Sector SPDR ETF (XLF) each adding about 1.1%.The Philadelphia Housing Index was up 1.2%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) rose 0.5%.Bitcoin (BTC-USD) was up 0.7% at $62,701, and the yield for 10-year US Treasuries was down 3.2 basis points to 4.537%.In economic news, US initial jobless claims fell sequentially to 215,000 in the week ended July 4 from an upwardly revised 217,000, compared with 217,000 in a Bloomberg survey.The pace of US existing home sales fell 2.4% to a 4.09 million seasonally adjusted annual rate in June from an upwardly-revised 4.19 million annual rate in May, compared with a rise to 4.20 million in a Bloomberg survey, data from the National Association of Realtors released Thursday showed.In sector news, Kalshi is in discussions with US regulators to expand its perpetual futures offerings beyond cryptocurrencies into asset classes including metals, foreign exchange, and energy, Reuters reported, citing Chief Risk Officer Udesh Jha.In corporate news, Mara (MARA) has agreed to buy a powered land site in Matagorda County, Texas, from HIF USA, the firms said. The site will be developed via Mara's partnership with Starwood Digital Ventures as a campus for Bitcoin mining and high-performance computing workloads. Shares rose past 11%.CME's (CME) attempt to list a self-certified, round-the-clock crude oil futures contract has been blocked by the US Commodity Futures Trading Commission, the regulator said Thursday. CME shares fell 1.9%.Barclays (BCS) is preparing to sell about $875 million of debt financing to support Blackstone (BX) and Tinicum's acquisition of UK aerospace supplier Senior, Bloomberg reported. Barclays shares gained 2%.

$BCS$CME$MARA

Showing 1-20 of 54

Track with the FINWIRES app suite