It's getting ugly. The Nasdaq opened 1% higher but it's been a nosedive since and it's now down nearly 2% and at the lowest levels since in a month There has been no clear trigger for the reversal but one of the reasons for the rally was dubious. Trump and administr
April 2026 CPI rose to 3.8%, the highest since May 2023, driven by a 17.9% jump in energy costs amid geopolitical tensions. U.S. headline Consumer Price Index climbed to 3.8% in April 2026, its highest level since May 2023, as energy prices surged 17.9% year over year. The
Deal marks GSK’s largest acquisition this year, adding late-stage lung cancer therapies under FDA priority review. GSK will acquire clinical-stage biopharma company Nuvalent for $10.6 billion in cash, its second-largest takeover of 2026. The deal includes two late-stage ty
Designer Brands Inc (NYSE:DBI) shares tumbled more than 21% on Tuesday after the footwear retailer delivered a first-quarter earnings beat but kept its full-year outlook unchanged, a move investors interpreted as a warning of rougher conditions ahead. The company posted ad
SpaceX is days away from one of the most anticipated initial public offerings in stock market history. The company is expected to price on June 11 and begin trading on June 12 at a valuation of approximately $1.75 trillion, which would make it the most valuable IPO ever co
European Commission issues interim measures requiring Meta to grant rivals free access to WhatsApp amid antitrust probe. The European Commission ordered Meta to allow rival AI chatbots free access to WhatsApp, marking its first interim antitrust measure in 17 years. The de
Investors accumulate BLND shares near 52-week lows as Goldman Sachs analysts highlight fintech M&A potential amid valuation discounts. HAVELI Investments purchased 1 million BLND shares in a single session and built positions on 14 of the last 26 trading days, targeting th
As the landscape for private markets shifts, many investors are weighing the merits of Brookfield Asset Management (NYSE:BAM) and Ares Management (NYSE:ARES) to find the best long-term growth opportunity. Both companies are titans in the world of alternative investments, m
Quick Read - Google signed a $920 million monthly deal with SpaceX as a bridge to meet surging AI compute demand into 2029. - The AI bottleneck has expanded beyond chips to real estate and power, with Meta reportedly building data centers in tents to keep pace. - The deal hands...</strong
United Natural Foods reports net sales below analyst estimates despite beating adjusted EPS expectations for the quarter. United Natural Foods (NASDAQ:UNFI) shares declined over 12% after reporting quarterly net sales of $7.72 billion, missing the $7.8 billion forecast. Ad
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