Best Buy (BBY) announced on Wednesday that it is now the exclusive national retailer for a new generation of RGB LED TVs from Samsung (SSNLF), Sony (SONY), LG, TCL and Hisense. Notably, the retailer said the RGB technology Newsletters for Every Investor Get daily, sector-s
SoFi Technologies (NASDAQ: SOFI) stock hasn't fared so well this year. This digital banking disruptor has been reporting solid performance, but its stock is down 32% year to date Is this an opportunity or a value trap? Let's see where SoFi stock might be in five yea
Cboe launches binary options for S&P 500 contracts Cboe has debuted a prediction market offering with the introduction of XSP Binary Options. The new contracts are security options that will trade within the same regulatory framework as US-listed options. T
Financial firms increasingly automate advisory services for clients with under $1 million in assets, reserving human advisors for high-net-worth individuals. Financial institutions are reallocating human advisors to ultra-high-net-worth clients while automating portfolio m
Hong Kong-based hedge fund Ovata Capital Management is set to cease operations as founder James Chen and most of the firm's staff move to ExodusPoint Capital Management, reported Bloomberg. The move marks a broader push by the $14.5bn US multistrategy firm into Asian equit
Harbourfront Wealth Group has signed a definitive deal under which Boston-based private equity firm Berkshire Partners will make an investment in the company. Audax Private Equity, the firm's current capital partner, will retain a sizeable stake in Harbourfront after the t
The chipmaker’s planned 2026 offering would surpass Alibaba’s 2014 IPO and Aramco’s $25.6 billion sale as the largest ever. SK Hynix will issue up to 17.79 million new shares via American depositary receipts on Nasdaq, targeting $29.65 billion in proceeds. Trading is set t
The deal enables Nissan electric vehicles to feed power back to grids, reducing costs and supporting renewable energy integration. Nissan and Valeo have signed an agreement to commercialize bidirectional charging stations across Europe, starting in the UK. The technology a
Analysts highlight Legend Biotech, Structure Therapeutics, and Revolution Medicines as undervalued M&A candidates amid Big Pharma's patent cliff concerns. Legend Biotech (LEGN) has generated $1 billion in CAR-T revenue with Johnson & Johnson as a partner but trades at near
LONDON, June 24 Stocks staged a tentative recovery on Wednesday from a rout in technology shares on the back of caution about overstretched AI valuations, while crude oil prices fell towards four-month lows and the dollar marched up to one-year highs. Technology stocks, wh
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