The market is setting new record highs right now. It's up 18% from its late-March low and 47% above last April's bottom For some, it's creating a feeling like the market is overdue for a correction (even if only minor). That's especially true given many stocks' stee
Ryan Cohen offers $125 per share for eBay, backed by $9.4 billion in cash and $20 billion debt financing, despite board refusal. GameStop CEO Ryan Cohen proposed a $56 billion takeover of eBay, offering $125 per share in a mix of cash and stock. The bid was rejected as "ne
Key Points - Hafnia posted a strong Q1 with net profit of $179.7 million, and management said Q2 is already tracking better as freight markets remain firm. - Geopolitical disruption is boosting tanker demand by lengthening shipping routes and drawing down inventories, with the...
Key Points - Aroundtown lifted its 2026 FFO 1 guidance to EUR 275 million–EUR 305 million after increasing its stake in Grand City Properties to 81.5% from 62.5% through a share-for-share exchange offer. Management said the deal should add about EUR 35 million of annualize
A new report concludes borrowing $26.6 trillion to invest in equities would not resolve Social Security’s funding gap. A proposal to borrow $1.5 trillion and invest Social Security funds in the stock market would not prevent the program’s looming shortfall, according to a
A space ETF with SpaceX exposure via a private-market vehicle has amassed $400 million in assets, outpacing older funds in weeks. The Tema Space Innovators ETF (NASA) has surged past established space ETFs in assets under management, reaching $400 million within two months
- Former BP Plc Chairman Albert Manifold says he was fired without warning or explanation and will challenge the company’s version of events, deepening the turmoil around the UK oil major’s latest leadership change. Most Read from Bloomberg BP ousted Manifold on Tuesday af
Despite ongoing tensions in the Middle East, volatile oil prices, inflation concerns, and President Trump’s unpredictable rhetoric, U.S. stocks remain remarkably resilient. The S&P 500 has pushed back toward record highs as investors continue pouring money into tech and AI
Elon Musk may seem to have the Midas touch when it comes to business. With his track record of beating the odds and creating successful businesses that can disrupt entire industries, it is tempting for investors to bet on any company that has his name attached to it <p
The agreement aims to boost IREN’s annualized revenue to $4.4 billion by 2027 through expanded AI infrastructure. IREN shares climbed 4% in pre-market trading after securing a $1.6 billion deal with Dell Technologies for air-cooled Blackwell systems. The purchase supports
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