Nvidia (NVDA) is looking to raise at least $20 billion in the bond market, turning the AI chip giant into the latest company to tap Wall Street for the boom it helped create. The company is marketing bonds in seven parts, with maturities running from two years to 30 years,
May data shows smallest year-over-year decline in 18 months, with shipments up 3% month-over-month and projections for H2 growth. Freight shipments may rebound in the second half of 2024 after 40 consecutive months of year-over-year declines, according to the latest Cass F
The Blackstone Long-Short Credit Income Fund announces a $0.082 per share dividend, yielding 9.08%, for June, July, and August. Blackstone Long-Short Credit Income Fund (BGX) declared a $0.082 per share monthly dividend, maintaining a forward yield of 9.08%. The dividend i
Agreement includes sanctions relief, frozen funds release, and immediate lifting of US blockade on Iran. The US and Iran have signed a memorandum of understanding to immediately reopen the Strait of Hormuz and lift the US blockade on Iran, effective Friday. The deal, signe
Monthly $500 investments in SMH since 2016 grew to $495,000 Monthly investments of $500 in the VanEck Semiconductor ETF since June 2016 have grown to approximately $495,000. The ETF's price has seen a 2,269% gain over the past decade, with the total contributions amou
AMD surges 8% to a record, leading a chip rally fueled by a U.S.-Iran peace deal and strong AI product launches. Advanced Micro Devices (AMD) shares jumped 8% to an all-time high of $558, pushing its market capitalization above $900 billion. The rally was part of a broader
The sale by Rackspace Technology’s CHRO covered tax obligations on vesting restricted stock units, reducing holdings by 2.51%. Rackspace Technology Chief Human Resources Officer Kellie Teal-Guess sold 33,966 shares on June 4, 2026, for approximately $189,000, based on a we
The deal expands American Express’s restaurant network to 75,000 venues as Tripadvisor refocuses on experiences. American Express will purchase TheFork, Tripadvisor’s European restaurant reservation platform, for $700 million in cash. The acquisition adds over 50,000 resta
Rivian's new $46,000 R2 SUV aims to boost sales but may pressure already thin margins as competition in the EV sector intensifies. Rivian Automotive (NASDAQ: RIVN) has begun shipping its R2 SUV, priced at $46,000, targeting a broader customer base than its $77,000 R1S mode
The AI (AIQ) (AIEQ) trade keeps finding a way to survive virtually every macro shock. Citrini summed up the current market mood in a social media post: when stocks fall on Iran-related headlines, investors still look to buy AI because higher oil ( Newsletters for Every Inv