USD/CAD dips slightly but Canadian dollar underperforms as crude prices drop and trade deal uncertainty persists. The Canadian dollar shows muted gains against the USD despite easing geopolitical tensions, as WTI crude oil falls $4.46 to $80.42. The decline follows expecta
Fox buys Roku in a $22 billion deal Fox is purchasing Roku, a streaming company, for $22 billion. The deal will be funded with new debt and cash on hand, backed by a $12 billion temporary loan. The acquisition marks a shift in media M&A from content ownership to con
The Australian Dollar rises 0.46% against the US Dollar as risk sentiment improves amid preliminary US-Iran peace talks. The AUD/USD pair advanced to 0.7080 on Monday, marking a 0.46% gain as the US Dollar softened. Improved risk appetite drove the move, fueled by reports
Over 200 crypto firms urge Senate vote on the Clarity Act, which could boost SOL by clarifying regulatory frameworks for digital assets. More than 200 cryptocurrency firms have urged Senate leaders to advance the Digital Asset Market Clarity Act, which passed the House las
The blue-chip index rose 1.4% to close at an all-time high, driven by broad-based strength across its components. The Dow Jones Industrial Average climbed 1.4% on Monday to set a fresh record, extending a weeks-long rally. All 30 stocks in the index advanced, underscoring
Unsolicited all-stock acquisition offers for three rivals were rejected or ignored, despite potential shareholder benefits. Forward Industries, the largest publicly traded Solana treasury firm, failed to secure acquisitions of three rival firms after unsolicited all-stock
The agreement values Roku at $160 per share, combining cash and stock, with Fox shareholders owning 73% of the merged entity. Fox Corporation will acquire Roku in a $22 billion cash-and-stock transaction, valuing Roku at $160 per share. The deal includes $96 in cash and 0.
Dell'Oro Group forecasts data center spending to surpass $1 trillion in 2026 driven by AI infrastructure demand. Global data center capital expenditures are projected to top $1 trillion in 2026, as cloud providers accelerate investments in AI-driven infrastructure. The sur
Honeywell's board approved spinning off its aerospace division into a separate public company, lifting HON shares above a key resistance level. Honeywell (HON) announced board approval to spin off its aerospace unit into an independent, publicly traded company on June 29.
A director at American Superconductor reduced her stake by 21% in an open-market sale, citing tax planning as the reason. American Superconductor Corp. (NASDAQ:AMSC) disclosed a $151,000 insider stock sale by director Laura A. Dambier on June 11, 2026. The transaction invo