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Why Did Joby’s (JOBY) $500M Defense Bet Spook Investors?
Insider Monkey10d agoneutral
Why Did Joby’s (JOBY) $500M Defense Bet Spook Investors?

Joby Aviation (NYSE:JOBY) just made its boldest move yet, and it has nothing to do with flying you to the airport. On August 11, the air taxi developer said it would acquire defense technology company Resonant Sciences for about $500 million, split between roughly $450 million in cash and $50 million in stock. The deal […]

EBAY Stock: Where Compounding Could Take The Price
Trefis10d agoneutral
EBAY Stock: Where Compounding Could Take The Price

While the market sees a legacy platform, a newer eBay is emerging from within. The company's focused categories, from luxury goods to auto parts, are quietly becoming the core business. This specific segment grew 26% last quarter and for the first time eclipsed 40% of total gross merchandise volume.

Lyft, Inc. (LYFT)’s Q2 Earnings Point to Strong Demand, but Efficiency is the Next Test
Insider Monkey10d agoneutral
Lyft, Inc. (LYFT)’s Q2 Earnings Point to Strong Demand, but Efficiency is the Next Test

Lyft, Inc. (NASDAQ:LYFT)’s second-quarter results were strong in several areas, but they also showed why investors should not look at the company’s growth numbers in isolation. Gross bookings reached a record $5.50 billion, increasing 23% from a year earlier. Revenue rose 16% to $1.84 billion and came in above expectations. Those are good numbers. But […]

Nat-Gas Prices Close Higher on Warm Forecasts
Barchart10d agoneutral
Nat-Gas Prices Close Higher on Warm Forecasts

September Nymex natural gas (NGU26 ) on Wednesday closed up +0.037 (+1.34%). Nat-gas prices closed higher on Wednesday as forecasts remain warm. Vaisala forecasts continued hotter-than-average temperatures for the Midwest and South for Aug 17-21, and above-normal temperatures for the West for Aug 22-26. On the bearish side, the US...

Investing.com10d agoneutral
Paramount puts CNN sale on table to settle 12-state antitrust suit

Makan Delrahim made the disclosure at Politico’s California Agenda conference, according to Reuters, signaling that Paramount is willing to go beyond internal safeguards to salvage a deal that has become one of the most politically charged media mergers in years. Warner Bros. Discovery is the publicly traded parent of CNN (NASDAQ: WBD), and the merger’s fate directly determines whether Ellison’s Paramount consolidates control over both CBS News and the cable network.

Intel: BofA sees $20B raise fueling foundry and server CPU growth
Proactive10d agoneutral
Intel: BofA sees $20B raise fueling foundry and server CPU growth

Intel Corp (NASDAQ:INTC, XETRA:INL) priced roughly $20 billion in new equity this week, a move analysts at BofA Securities said reflects growing confidence in the chipmaker's foundry business rather than a defensive balance-sheet play. The bank estimates the offering, which includes a 15%...

SpaceX’s Starship Push Comes With a Rising Capital Bill
Insider Monkey10d agoneutral
SpaceX’s Starship Push Comes With a Rising Capital Bill

Space Exploration Technologies Corp. (NASDAQ:SPCX) is moving forward with an ambitious execution plan. The company expects to conduct another Starship test flight this month, along with the deployment of upgraded Starlink satellites and upper-stage recovery attempts in the coming weeks. Even so, investors were more concerned about its financial trajectory than the technical milestones. Despite […]

Why SpaceX Stock Just Gained 11%
Motley Fool10d agoneutral
Why SpaceX Stock Just Gained 11%

SpaceX shares soared after Elon Musk revealed AI could soon become the company's biggest revenue driver. But with heavy spending and a lofty valuation, is the excitement justified?

What Is Mosaic (MOS) Signaling With Its Debt Tender And New Notes?
Simply Wall St.10d agoneutral
What Is Mosaic (MOS) Signaling With Its Debt Tender And New Notes?

Mosaic (NYSE:MOS) announces cash tender offers to repurchase certain outstanding debt securities, funded by a new fixed income offering. The company begins the tender process alongside the completion of new senior notes, with the goal of adjusting its debt profile and maturity mix. Mosaic highlights potential effects on interest costs, liquidity, and overall balance sheet structure as key aims of the transaction. For readers looking to build on this update with more ideas in related...