Stock
- Technology
Analysis: of 460 companies that did SPAC deals, insiders at 232 sold $22B in shares in well-timed trades; Chamath Palihapitiya made $310M selling Virgin stock (Wall Street Journal)
Wall Street Journal: Analysis: of 460 companies that did SPAC deals, insiders at 232 sold $22B in shares in well-timed…
Read More » - Business
Memorial Day and the stock market
Check out what’s clicking on FoxBusiness.com Wall Street will pause on Monday to mark the Memorial Day holiday as Americans…
Read More » - Auto
Nvidia stock surge drives market value near $1 trillion
Nvidia’s first made inroads with its high-performance chips in the auto industry, and it now provides a range of software,…
Read More » - Technology
Sources: activist investor TCS Capital, which owns 4%+ of Yelp's common stock, urges the recommendation site to explore strategic alternatives, including a sale (Lauren Thomas/Wall Street Journal)
Lauren Thomas / Wall Street Journal: Sources: activist investor TCS Capital, which owns 4%+ of Yelp’s common stock, urges the…
Read More » - Technology
Some blue-check Twitter accounts, one pretending to be Bloomberg, spread an AI-generated image of an explosion at the Pentagon; the stock market briefly dipped (Chloe Xiang/VICE)
Chloe Xiang / VICE: Some blue-check Twitter accounts, one pretending to be Bloomberg, spread an AI-generated image of an explosion…
Read More » - Health
Bright Health completes reverse stock split
Bright Health Group completed a reverse stock split Monday, raising its share price above the minimum required to remain on…
Read More » - Technology
Leaders of the G7 nations call for the development and adoption of global AI standards and to "take stock of the opportunities and challenges of generative AI" (Reuters)
Reuters: Leaders of the G7 nations call for the development and adoption of global AI standards and to “take stock…
Read More » - Technology
Ripple acquires Swiss custody startup Metaco for $250M in cash and stock and plans to keep the brand and CEO Adrien Treccani (Ryan Weeks/The Block)
Ryan Weeks / The Block: Ripple acquires Swiss custody startup Metaco for $250M in cash and stock and plans to…
Read More » - Technology
Source: Twitter buys recruiting startup Laskie for "tens of millions" in cash and stock, its first deal of the Elon Musk era; PitchBook: Laskie had raised $6M (Kia Kokalitcheva/Axios)
Kia Kokalitcheva / Axios: Source: Twitter buys recruiting startup Laskie for “tens of millions” in cash and stock, its first…
Read More » - Los Angeles
Bud Light gets stock downgrade just weeks after Dylan Mulvaney fallout
Bud Light sales have dwindled and its stock has been downgraded in a continuing fallout since the popular beer ran…
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