Markets Tumble on Weak Jobs and Overvaluation Fears U.S. equities fell sharply on Thursday as fresh layoff data reignited fears about economic weakness and inflated tech valuations. The Nasdaq Composite slid roughly 2%, while the S&P 500 dropped 1.2% and
ESPN Switches to DraftKings for Sports Betting Disney-owned ESPN is ending its sports betting partnership with Penn Entertainment (PENN) years earlier than planned, replacing it with a new agreement that makes DraftKings (DKNG) the network’s exclusive sportsbook and odds provider.
Acquisitions Drive Big Gains Brighthouse Financial (BHF) surged 26% after Aquarian Capital agreed to acquire the insurer for $70 per share in cash, valuing the deal at $4.1 billion.Golden Entertainment (GDEN) jumped 36% after announcing it would be acquired by
Markets Recover on Stronger Jobs Data U.S. markets climbed Wednesday as investors digested fresh labor data showing the private sector added 42,000 jobs in October, according to the ADP payrolls report. The number exceeded expectations and marked a sharp turnaround
Netflix Expands Its Ad Footprint Netflix (NFLX) announced Wednesday that its ad-supported plan has hit a major milestone — reaching 190 million monthly active viewers (MAVs) globally in October — as the company unveiled a new engagement metric designed to
Rivian Delivers a Solid Quarter Rivian Automotive (RIVN) delivered one of its strongest quarters yet — proof that operational discipline is finally paying off. The automaker produced 10,720 vehicles and delivered 13,201, reaffirming its 2025 guidance of 41,500 – 43,500
Valuation Jitters Weigh on Wall Street U.S. stocks fell sharply Tuesday as renewed anxiety over frothy market valuations hit investors still digesting a flood of corporate earnings. The Nasdaq Composite led the decline, tumbling nearly 2%, followed by the S&P
Electric Takeoff: Beta Lands on Wall Street Electric aviation company Beta Technologies made its New York Stock Exchange debut on Tuesday, marking one of the year’s most closely watched IPOs in the clean-tech and aviation sectors. Shares opened at $34,
Burry Targets AI Heavyweights Michael Burry — the hedge fund manager who famously predicted the 2008 financial crisis — is once again betting against market euphoria. In a new filing, his firm Scion Asset Management disclosed put positions against Nvidia
Amazon Doubles Down on the AI Infrastructure Arms Race Amazon (AMZN) shares surged Monday after the company announced a $38 billion deal with OpenAI (OPAI.PVT), allowing the ChatGPT developer to run large-scale artificial intelligence workloads on Nvidia GPUs hosted in
Markets Tumble on Weak Jobs and Overvaluation Fears U.S. equities fell sharply on Thursday as
ESPN Switches to DraftKings for Sports Betting Disney-owned ESPN is ending its sports betting partnership
Acquisitions Drive Big Gains Brighthouse Financial (BHF) surged 26% after Aquarian Capital agreed to acquire
Markets Recover on Stronger Jobs Data U.S. markets climbed Wednesday as investors digested fresh labor
Netflix Expands Its Ad Footprint Netflix (NFLX) announced Wednesday that its ad-supported plan has hit
Rivian Delivers a Solid Quarter Rivian Automotive (RIVN) delivered one of its strongest quarters yet
Valuation Jitters Weigh on Wall Street U.S. stocks fell sharply Tuesday as renewed anxiety over
Electric Takeoff: Beta Lands on Wall Street Electric aviation company Beta Technologies made its New
Burry Targets AI Heavyweights Michael Burry — the hedge fund manager who famously predicted the
Amazon Doubles Down on the AI Infrastructure Arms Race Amazon (AMZN) shares surged Monday after
