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GameStop said on Sunday that it has proposed to buy all common shares of eBay Inc for about $56 billion. CEO Ryan Cohen, GameStop's largest investor, said the offer price is $125 a share in a 50-50 mix of cash and stock. Based on eBay's Friday close, the bid represents a premium of about 20%.
Electrical energy control systems manufacturer Powell (NYSE:POWL) will be reporting earnings this Monday after market close. Here’s what to expect.
There’s more to Hong Kong than just finance and venture capital.
Baby steps are still steps, slow progress is still progress. Watching Boeing's recovery has required a particular kind of patience. One that tolerates setbacks, accepts slow progress, and resists the urge to declare victory too early. Bank of America (BofA) Securities analyst Ronald Epstein has ...
CoreWeave's next report won't be about headline numbers; it'll be about these three signals.
The U.S. economy might be stronger than it feels at this point. According to Seeking Alpha reporting, Bank of America strategist Michael Hartnett argues that the country is caught in a nominal “boom loop.” At the same time, he predicts U.S. GDP will climb nearly 75% from the pandemic low by 2027. ...
(Bloomberg) -- Wednesday will amount to a sort of Groundhog Day for US bond dealers, who will — as has been the case for more than a year now — be watching for any change in guidance from the Treasury in its latest plan for debt issuance.Most Read from BloombergSupertanker Appears to Have Crossed the Strait of HormuzBeijing Tells China Firms to Ignore US Sanctions on RefinersWorld’s Largest Container Carrier Plans Route Avoiding HormuzTrump Casts Doubts on Iran Peace Proposal as Details EmergePh
(Bloomberg) -- Wednesday will amount to a sort of Groundhog Day for US bond dealers, who will — as has been the case for more than a year now — be watching for any change in guidance from the Treasury in its latest plan for debt issuance.Most Read from BloombergSupertanker Appears to Have Crossed the Strait of HormuzBeijing Tells China Firms to Ignore US Sanctions on RefinersWorld’s Largest Container Carrier Plans Route Avoiding HormuzPhilippines Says Thousands Evacuated as Mayon Volcano EruptsT
Strategy paused Bitcoin buying ahead of its May 5 Q1 2026 earnings as Saylor signals a normal pace returns next week.
The worldwide race for artificial intelligence is producing no lack of eye-popping figures. But Nvidia's (NVDA) latest may be one of the clearest signals yet that the AI revolution is facing a real hardware constraint. Nvidia is the backbone of the AI economy powering data centers, large language ...
ON Semiconductor, Pfizer, Uber, McDonald’s, and many more will report earnings this week. Economic releases will include the April jobs report and purchasing managers index.
“The Devil Wears Prada 2” opened to an estimated $233.6 million worldwide this weekend, driven largely by women eager to rejoin Meryl Streep and Anne Hathaway in the world of fashion journalism 20 years after the original movie. The film from Disney’s 20th Century Studios is the latest in a string of box office hits powered by pop-culture nostalgia among millennial and Gen X audiences, after the Michael Jackson biopic “Michael” and “The Super Mario Galaxy Movie” did huge business. “Nostalgia is a critical driver for people right now in how they consume entertainment,” said Martha Morrison, head of marketing for Disney Entertainment Studios.
Banks are hunting for new ways to offload risks tied to a glut of data centre debt as the race to build AI infrastructure stretches financing...
Banks are hunting for new ways to offload risks tied to a glut of data centre debt as the race to build AI infrastructure stretches financing...
Markets enter a big week following last week's Federal Reserve meeting and mega-cap technology earnings convergence, with focus now shifting to Friday's April jobs report at 8:30am that will provide insights into labor market health amid geopolitical uncertainties and energy-driven economic pressures.
When the economy struggles, many people don't give up on things like luxury purchases and eating. Instead, they trade down to something that costs less. "If you look at incomes under $100,000, we're actually doing quite well there, which suggests that we're getting some benefit from trade down, ...
Chipotle, like many of its peers in the fast-food industry, is experimenting with new tactics to attract price-conscious customers. As it battles slow sales growth, it is offering $2 million worth of freebies to two key groups of customers. In the first quarter of 2026, Chipotle’s comparable ...
Fund investors can thank the big tech stocks for getting the second quarter off to a better start than the first. Powered by gains in Nvidia and Google parent Alphabet the stock market in April logged its best month since 2020, shaking off declines in the first quarter when the war in Iran started. “The tech sector is back,” says Adam Turnquist, chief technical strategist for LPL Financial ”After a 115-day hiatus from new highs, the sector has finally reached record-high territory.”
A small but telling crack in the cloud and AI giant's growth narrative is starting to show.
More protein? Consumers seem to be buying in.
Lemonade had a strong showing in its Q1 2026 earnings, but profitability continues to weigh on the stock price.
Palantir reported Q1 earnings on Monday after the bell.
Palantir reported Q1 earnings on Monday after the bell.
(Bloomberg) -- With equities back to their highs after a V-shaped recovery from the Iran oil shock, investors are increasingly caught between left and right tail risks: The tireless AI and semiconductor rally on one side and the gradual drag from higher energy prices on the other.Most Read from BloombergSupertanker Appears to Have Crossed the Strait of HormuzWorld’s Largest Container Carrier Plans Route Avoiding HormuzBeijing Tells China Firms to Ignore US Sanctions on RefinersPhilippines Says T
(Bloomberg) -- The tankers have been arriving from all over the world in unprecedented numbers. After loading up in Alaska and along the US Gulf Coast, they head back out to sea — to Japan, Thailand and even as far as Australia.Most Read from BloombergSupertanker Appears to Have Crossed the Strait of HormuzBeijing Tells China Firms to Ignore US Sanctions on RefinersWorld’s Largest Container Carrier Plans Route Avoiding HormuzPhilippines Says Thousands Evacuated as Mayon Volcano EruptsTrump Casts
An impending shift at America's foremost financial institution spells trouble for Wall Street.
(Bloomberg) -- Greg Abel didn’t take long to address the elephant in the room.Most Read from BloombergSupertanker Appears to Have Crossed the Strait of HormuzWorld’s Largest Container Carrier Plans Route Avoiding HormuzBeijing Tells China Firms to Ignore US Sanctions on RefinersPhilippines Says Thousands Evacuated as Mayon Volcano EruptsIran Juggles Oil Cuts and Storage Strain to Resist US BlockadeIn his first few minutes addressing Berkshire Hathaway Inc. shareholders on Saturday — the first an
There are many suggestions floating around Washington D.C. on how to fix the program’s imminent funding issues.
Stocks sit near all-time highs as earnings growth has fueled the best month for the S&P 500 since November 2020.
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