Evening digest: Bitcoin slips below 90K, gold hits records, Netflix goes all-cash on WBD
Markets are repricing power, not growth.Netflix just went all-cash on Warner Bros. Discovery at $27.75 a share, removing stock-risk and...
What made Corvus stock double on Tuesday and is it sustainable?
Corvus Pharmaceuticals (NASDAQ: CRVS) shares more than doubled on Jan. 20 after announcing positive Phase 1 trial data for “soquelitinib”...
Apple stock tumbles nearly 3% despite analyst upgrade: here’s why
Apple stock (NASDAQ: AAPL) slid nearly 3% on Tuesday, even as Evercore and Citi issued constructive notes ahead of the...
Prada Group says it has purchased fashion rival Versace in a deal worth nearly $1.4 billion
MILAN — The Prada Group announced Tuesday that it has officially purchased Milan fashion rival Versace in a 1.25 billion...
Warner Bros. Discovery rejects Paramount’s amended takeover offer
Warner Bros. Discovery on Wednesday rejected Paramount Skydance’s amended takeover offer, the latest in a series of rejections in David...
Trump Media to merge with nuclear fusion company
Trump Media & Technology will merge with a fusion power company in an all-stock deal that the companies said Thursday...
Shopify says a daylong Cyber Monday outage has been resolved
Outages on Shopify’s e-commerce platform have been resolved, the company said late Monday, bringing to an end a daylong glitch...
Saks files for bankruptcy as luxury market struggles
The company that owns the iconic luxury retailer Saks Fifth Avenue filed for bankruptcy late Tuesday. The move comes after...
Dow rallies as investors rotate out of tech; Nasdaq lags amid AI stock sell-off
The Dow Jones Industrial Average rallied on Tuesday while the Nasdaq Composite faltered, as investors shifted funds from high-valued technology...
US equities stage a rebound at open, led by AMD stock: Nasdaq up 0.3%
US stocks advanced on Wednesday, led by a rebound in technology shares after a turbulent start to the week. The...