Barry Diller's conglomerate bids to acquire remaining 73.9% of MGM, valuing the company at $12.4 billion plus debt. Barry Diller's People Inc has proposed a $18 billion bid to acquire the 73.9% stake in MGM Resorts International it does not already own. The deal values the
MRVL reports 28% year-over-year revenue growth to $2.4 billion and forecasts 35% growth for the next quarter. Marvell Technology (NASDAQ: MRVL) shares reached an all-time high after reporting first-quarter fiscal 2027 revenue of $2.4 billion, a 28% increase from the prior
Traders on Kalshi now price Rubio at 30% odds for the 2028 Republican nomination, narrowing Vance’s lead to 33%. Prediction market traders have sharply reduced Vice President JD Vance’s odds of securing the 2028 Republican presidential nomination, with his probability slip
The fund surpassed major benchmarks as FTAI Aviation led gains amid macroeconomic volatility and supply constraints. Tourlite Fund, LP reported a 16.9% return in Q1 2026, exceeding the S&P 500’s 4.4% loss and the Russell 2000’s 0.9% gain. The fund’s annualized return since
Broadcom's AI-driven revenue growth and networking dominance may shift investor focus beyond the S&P 500's top-weighted stocks. Broadcom will release its second-quarter fiscal 2026 earnings on June 3, with analysts expecting its report to carry more weight than any of the
Global X Defense Tech ETF charges 0.5% fees versus Invesco Aerospace & Defense ETF’s 0.58%, while PPA leads in 1-year returns. The Global X Defense Tech ETF (SHLD) undercuts the Invesco Aerospace & Defense ETF (PPA) with a 0.5% expense ratio, compared to PPA’s 0.58%. SHLD
Trulieve and Curaleaf shares surge over 50% in three months following tax rule changes for cannabis companies. U.S. cannabis stocks climbed after the Drug Enforcement Administration reclassified marijuana from Schedule I to Schedule III, lifting tax restrictions under IRS
Natural gas company Tamboran Resources has completed the previously announced C$239m ($172.9m) acquisition of Falcon Oil & Gas following final approval by a Canadian court. With this transaction, Tamboran now holds roughly 2.8 million net prospective acres, the largest pos
Virgin Galactic surged after a Blue Origin rocket failure, while launch-exposed peers tumbled on capital rotation and earnings misses. Virgin Galactic (SPCE) shares jumped 18% to $7.28 Monday, extending gains as investors rotated capital away from launch-exposed space stoc
What happened: Strategy (MSTR) stock fell more than 6% on Monday morning after the largest public holder of bitcoin disclosed the sale of 32 bitcoin at a price of $2.5 million. It was the company’s first bitcoin sale since late 2022 The move brings Strategy’s stock
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