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MarketAxess (MKTX) Rockets on Merger Deal at 33% Premium
Insider Monkey21d agoneutral
MarketAxess (MKTX) Rockets on Merger Deal at 33% Premium

MarketAxess Holdings (NASDAQ:MKTX) soared by 29.45 percent on Thursday to end at $162.76 apiece after agreeing to be acquired by Intercontinental Exchange for $6 billion, at a 33 percent premium over its closing price prior to the report. In a statement on the same day, MarketAxess Holdings (NASDAQ:MKTX) said that it entered into a definitive […]

AMC credit upgrade comes with a catch
TheStreet21d agobullish
AMC credit upgrade comes with a catch

AMC Entertainment (AMC) has received one of the clearest signs yet that its financial position is improving. S&P Global Ratings raised the issuer credit rating of the movie theater operator to B- from CCC+ with a stable outlook. The ratings firm pointed to improved operating performance, ...

Amazon Stock Pops 9.5% After-Hours as AWS Fuels Earnings Beat: Jim Cramer Calls it 'Astonishing'
Benzinga21d agobullish
Amazon Stock Pops 9.5% After-Hours as AWS Fuels Earnings Beat: Jim Cramer Calls it 'Astonishing'

Amazon.com, Inc. (NASDAQ:AMZN) shares jumped Thursday after the company delivered stronger-than-expected second-quarter earnings, with investors and analysts praising accelerating Amazon Web Services profitability as evidence that returns on artificial intelligence investments are beginning to materialize. Cramer Calls Amazon ‘Astonishing’ After AWS Delivers CNBC host Jim Cramer called the results “astonishing,” in a post on X, though he said Microsoft Corp. (NASDAQ:MSFT) remains the standout am

Bloomberg21d agoneutral
Wild Tech Stock Swings Spur Retail Traders to Cut Margin Loans

(Bloomberg) -- Retail investors have cut their margin loans in South Korea, Taiwan and mainland China, underscoring how a collapse in technology stocks in recent weeks has forced them to close out positions.Most Read from BloombergChip Stocks Post Biggest Advance Since April 2025: Markets WrapUS Strikes Iran Again as Conflict Spreads Across Middle EastBond Yields at 19-Year High Send Warsh Credibility WarningWarner Bros. Deal Collapse Would Cost the Ellisons $9.8 BillionMicrosoft’s $450 Billion

Bitcoin, Ethereum Spike, XRP and Dogecoin Climb Amid Sharp Crypto Recovery: Analyst Says 'Don't Fear' BTC Dropping to $60,000
Benzinga21d agobearish
Bitcoin, Ethereum Spike, XRP and Dogecoin Climb Amid Sharp Crypto Recovery: Analyst Says 'Don't Fear' BTC Dropping to $60,000

Leading cryptocurrencies staged a sharp recovery alongside stocks on Thursday, reversing a Federal Reserve-driven sell-off the day before. Cryptocurrency24-Hour Gains +/-Price (Recorded at 9:25 p.m. EDT)Bitcoin (CRYPTO: BTC)+2.16%$65,112.78Ethereum (CRYPTO: ETH) +1.31%$1,929.21XRP (CRYPTO: XRP) +1.48%$1.08Solana (CRYPTO: SOL) +2.05%$75.02Dogecoin (CRYPTO: DOGE) +0.72%$0.07079 Crypto Market Rebounds After a brief lull, Bitcoin pushed back above $65,000. Ethereum, meanwhile, continued to wrestle w

Bloomberg21d agobearish
China Factory Activity Surprises With First Slump in Five Months

(Bloomberg) -- China’s factory activity unexpectedly contracted for the first time in five months, adding to signs of slowing economic momentum. Most Read from BloombergChip Stocks Post Biggest Advance Since April 2025: Markets WrapUS Strikes Iran Again as Conflict Spreads Across Middle EastBond Yields at 19-Year High Send Warsh Credibility WarningWarner Bros. Deal Collapse Would Cost the Ellisons $9.8 BillionMicrosoft’s $450 Billion Jump Is Biggest in Stock Market HistoryThe official manufactur

Tesla weighs sale of China business to pave way for potential SpaceX merger, WSJ reports
Reuters21d agobearish
Tesla weighs sale of China business to pave way for potential SpaceX merger, WSJ reports

Tesla executives have been told to prepare for a separation of its China business ahead of a potential merger with SpaceX, the Wall Street Journal reported on Thursday, citing a person familiar with the talks. A merger ‌between Elon Musk's Tesla and SpaceX would raise geopolitical and regulatory hurdles, particularly in China, because SpaceX is a major ‌U.S. defense contractor involved in national security and satellite programs, while Tesla operates wholly owned manufacturing facilities in China.

Why Chipotle (CMG) Stock Is Trading Up Today
StockStory21d agoneutral
Why Chipotle (CMG) Stock Is Trading Up Today

Shares of mexican fast-food chain Chipotle (NYSE:CMG) jumped 12.7% in the afternoon session after the company reported second-quarter results that beat Wall Street's profit expectations. The fast-casual chain posted adjusted earnings of $0.33 per share, narrowly beating the consensus estimate of $0.32. Revenue grew 9.3% year on year to $3.35 billion, which was in line with analyst forecasts. A key highlight for investors was the 2.2% increase in same-store sales, an acceleration from the company

South Korea’s Kospi index jumps more than 16% on a surge of chipmaking stocks
Associated Press21d agobullish
South Korea’s Kospi index jumps more than 16% on a surge of chipmaking stocks

South Korea’s Kospi index jumped more than 16% on Friday, tracking gains on Wall Street as artificial intelligence-related stocks bounced back after losses earlier this week. U.S. futures edged higher and oil prices rose. In early Asian trading, the Kospi surged at the open and ratcheted up, trading 16.5% higher at 6,515.40.