[ad_1] Elon Musk tried to back out of his $44 billion deal for Twitter over the summer as valuations for advertising-dependent technology platforms plunged, but now he seems to want…
[ad_1] Oh Snap! Despite a roughly 80% decline in the price of Snap Inc.’s SNAP stock so far this year, Jefferies analyst James Heaney still sees reason for caution. He…
[ad_1] Seven & i Holdings Co. said Friday that it planned to sell its Sogo & Seibu department store business to a Fortress Investment Group affiliate for an enterprise value…
[ad_1] Amgen Inc. is in advanced talks to buy drug company Horizon Therapeutics PLC, according to people familiar with the matter, in a takeover likely to be valued at well over $20 billion and mark the largest…
[ad_1] Global central banks already managed to “pop some of the pandemic-inspired bubbles” this year by tightening monetary policy, but investors may need to wait until 2024 for relief in…
[ad_1] Alphabet Inc.’s GOOGL, -2.10% GOOG, -2.22% Google plans to combine the team working on the mapping service Waze with the group overseeing the company’s Maps product, as the search…
[ad_1] Microsoft Corp. said late Tuesday it has made a “10-year commitment” to bring the massively popular “Call of Duty” videogame series to Nintendo Co. consoles, when — and if…
[ad_1] The outlook for cruise stocks is still “more positive than not,” according to JPMorgan analyst Daniel Adam, but given macroeconomic and financial concerns in the sector, not all names…
[ad_1] A News Corp special board committee considering a potential combination with Fox Corp. said it has been delegated full authority to evaluate the proposal. News Corp said Monday that…
[ad_1] Funko Inc. is putting its longtime chief executive back in charge of the business and looking for new executives to join him after a disappointing holiday forecast chopped the…
[ad_1] Investors should buy Zillow Group Inc. now, UBS says, even if they have to wait a year before the U.S. housing market starts improving. Analyst Lloyd Walmsley initiated research…
[ad_1] Shares of Dollar General Corp. dove toward a 5 1/2-month low Thursday, as higher costs and reductions in items purchased by customers led to disappointing fiscal third-quarter results and…
[ad_1] Morgan Stanley sampled a few Tesla investors and detected what Wall Street has long posited: Chief Executive Elon Musk’s “involvement” with Twitter Inc. “has contributed to negative sentiment momentum”…
[ad_1] Activision Blizzard Inc.’s stock price has been swept up in the speculation around whether Microsoft Corp. will gain regulatory clearance for its $69 billion deal for the videogame publisher,…
[ad_1] The Bahamian attorney general defended the island nation’s actions during the collapse of FTX Digital Markets Ltd. and urged patience while authorities investigate the embattled cryptocurrency exchange. In a national address late Sunday,…
[ad_1] The U.S. said it would allow Chevron Corp. to resume pumping oil from its Venezuelan oil fields after President Nicolás Maduro’s government and an opposition coalition agreed to implement a humanitarian…
[ad_1] Volkswagen AG on Wednesday agreed to a new pay deal with Germany’s largest labor union to alleviate soaring inflation in the country, including a bonus of 3,000 euros ($3,092).…
[ad_1] An FTX unit, founder Sam Bankman-Fried’s parents and FTX executives reportedly bought at least 19 properties in the Bahamas in the last two years, worth around $121 million. FTX…
[ad_1] Shares of Lumen Technologies Inc. have lost more than half their value this year and are headed for their worst yearly performance on record, but MoffettNathanson’s Nick Del Deo…
[ad_1] TuSimple Holdings Inc. co-founder Mo Chen has taken control of the self-driving trucking company as federal authorities continue to investigate TuSimple’s relationship with Chen’s other startup, a Chinese hydrogen-trucking company. A TuSimple TSP,…
[ad_1] Shares of Advance Auto Parts Inc. dropped more than 9% in the extended session Tuesday after the specialty retailer missed Wall Street expectations for its quarterly earnings as it…
[ad_1] Tesla Inc.’s former country director in Australia pleaded guilty in a Sydney court to two counts of insider trading, having bought shares in Belmont, N.C.-based Piedmont Lithium Inc. after…
[ad_1] Apple Inc. plans to source chips for its devices from a manufacturing plant currently under construction in Arizona, according to a new report. Bloomberg News reported Tuesday that Apple…
[ad_1] Estée Lauder Cos. EL, +2.86% will acquire Tom Ford in a deal valued at roughly $2.8 billion, building on a longstanding licensing agreement and marking the cosmetics giant’s largest-ever…
[ad_1] Credit Suisse Group AG has entered into definitive transaction agreements to sell a large part of its securitized-products group and other financing businesses to Apollo Global Management Inc. as…
Elon Musk is reportedly looking for new Twitter investors — at the same price he paid
[ad_1] Elon Musk tried to back out of his $44 billion deal for Twitter over the summer as valuations for advertising-dependent technology platforms plunged, but now he seems to want…
Snap stock is down 80% this year, but analyst still sees too much optimism
[ad_1] Oh Snap! Despite a roughly 80% decline in the price of Snap Inc.’s SNAP stock so far this year, Jefferies analyst James Heaney still sees reason for caution. He…
7-Eleven owner to sell department store business to Fortress for $1.77 billion
[ad_1] Seven & i Holdings Co. said Friday that it planned to sell its Sogo & Seibu department store business to a Fortress Investment Group affiliate for an enterprise value…
Amgen reportedly in talks to buy Horizon Therapeutics
[ad_1] Amgen Inc. is in advanced talks to buy drug company Horizon Therapeutics PLC, according to people familiar with the matter, in a takeover likely to be valued at well over $20 billion and mark the largest…
Investors won’t see relief until 2024 in the form of Fed rate cuts, warns Credit Suisse
[ad_1] Global central banks already managed to “pop some of the pandemic-inspired bubbles” this year by tightening monetary policy, but investors may need to wait until 2024 for relief in…
Google to merge Maps, Waze teams as cost-cutting move
[ad_1] Alphabet Inc.’s GOOGL, -2.10% GOOG, -2.22% Google plans to combine the team working on the mapping service Waze with the group overseeing the company’s Maps product, as the search…
Microsoft to bring ‘Call of Duty’ to Nintendo if Activision merger approved
[ad_1] Microsoft Corp. said late Tuesday it has made a “10-year commitment” to bring the massively popular “Call of Duty” videogame series to Nintendo Co. consoles, when — and if…
Why this cruise stock remains JPMorgan’s favorite as leisure travel keeps roaring
[ad_1] The outlook for cruise stocks is still “more positive than not,” according to JPMorgan analyst Daniel Adam, but given macroeconomic and financial concerns in the sector, not all names…
News Corp says Murdoch won’t pursue merger with Fox unless it’s recommended by independent board committee
[ad_1] A News Corp special board committee considering a potential combination with Fox Corp. said it has been delegated full authority to evaluate the proposal. News Corp said Monday that…
Funko brings back former CEO, drops CFO after massive decline for stock on holiday forecast
[ad_1] Funko Inc. is putting its longtime chief executive back in charge of the business and looking for new executives to join him after a disappointing holiday forecast chopped the…
Buy Zillow stock, UBS says, as ‘maximum uncertainty’ presents a good entry point
[ad_1] Investors should buy Zillow Group Inc. now, UBS says, even if they have to wait a year before the U.S. housing market starts improving. Analyst Lloyd Walmsley initiated research…
Dollar General customers are shopping closer to payday, as financial pressure increases
[ad_1] Shares of Dollar General Corp. dove toward a 5 1/2-month low Thursday, as higher costs and reductions in items purchased by customers led to disappointing fiscal third-quarter results and…
Elon Musk’s Twitter ‘involvement’ was bad for Tesla, Morgan Stanley survey says
[ad_1] Morgan Stanley sampled a few Tesla investors and detected what Wall Street has long posited: Chief Executive Elon Musk’s “involvement” with Twitter Inc. “has contributed to negative sentiment momentum”…
Activision stock looks undervalued with or without a Microsoft deal, says analyst
[ad_1] Activision Blizzard Inc.’s stock price has been swept up in the speculation around whether Microsoft Corp. will gain regulatory clearance for its $69 billion deal for the videogame publisher,…
Attorney general of Bahamas deflects blame for FTX’s collapse
[ad_1] The Bahamian attorney general defended the island nation’s actions during the collapse of FTX Digital Markets Ltd. and urged patience while authorities investigate the embattled cryptocurrency exchange. In a national address late Sunday,…
Chevron gets new U.S. license to pump oil in Venezuela again
[ad_1] The U.S. said it would allow Chevron Corp. to resume pumping oil from its Venezuelan oil fields after President Nicolás Maduro’s government and an opposition coalition agreed to implement a humanitarian…
Volkswagen agrees on pay deal with IG Metall Union to ease inflation
[ad_1] Volkswagen AG on Wednesday agreed to a new pay deal with Germany’s largest labor union to alleviate soaring inflation in the country, including a bonus of 3,000 euros ($3,092).…
FTX unit and SBF’s parents invested heavily into Bahamas property worth $121 million: report
[ad_1] An FTX unit, founder Sam Bankman-Fried’s parents and FTX executives reportedly bought at least 19 properties in the Bahamas in the last two years, worth around $121 million. FTX…
Lumen stock heads for worst year on record but is still overvalued, analyst says
[ad_1] Shares of Lumen Technologies Inc. have lost more than half their value this year and are headed for their worst yearly performance on record, but MoffettNathanson’s Nick Del Deo…
Co-founder takes control of TuSimple amid federal probe into self-driving trucking company
[ad_1] TuSimple Holdings Inc. co-founder Mo Chen has taken control of the self-driving trucking company as federal authorities continue to investigate TuSimple’s relationship with Chen’s other startup, a Chinese hydrogen-trucking company. A TuSimple TSP,…
Advance Auto Parts stock down 9% after mixed third-quarter earnings
[ad_1] Shares of Advance Auto Parts Inc. dropped more than 9% in the extended session Tuesday after the specialty retailer missed Wall Street expectations for its quarterly earnings as it…
Former Tesla Australia director pleads guilty to insider trading on lithium deal
[ad_1] Tesla Inc.’s former country director in Australia pleaded guilty in a Sydney court to two counts of insider trading, having bought shares in Belmont, N.C.-based Piedmont Lithium Inc. after…
Apple plans to source chips from Arizona plant that’s set to open in 2024: report
[ad_1] Apple Inc. plans to source chips for its devices from a manufacturing plant currently under construction in Arizona, according to a new report. Bloomberg News reported Tuesday that Apple…
Estée Lauder prevails in auction to buy Tom Ford in deal worth $2.8 billion
[ad_1] Estée Lauder Cos. EL, +2.86% will acquire Tom Ford in a deal valued at roughly $2.8 billion, building on a longstanding licensing agreement and marking the cosmetics giant’s largest-ever…
Credit Suisse strikes deal to sell securitized-products group to Apollo
[ad_1] Credit Suisse Group AG has entered into definitive transaction agreements to sell a large part of its securitized-products group and other financing businesses to Apollo Global Management Inc. as…