Category: Markets

  • Qualcomm has approached Intel about a takeover in recent days

    Intel shares rose 5.82% after reports from the Wall Street Journal that Qualcomm approached the company about acquiring it in recent days. Intel shares are down in 2024 from a year-end close of $50.25. The current price is up $1.23, or 5.82%, at $22.37 in volatile trading. The year-to-date low…

  • FTC Chair Lina Khan welcomes companies weighing antitrust in deals, addresses critics By Reuters

    Written by Judy Godoy and Lananh Nguyen NEW YORK (Reuters) – U.S. Federal Trade Commission Chair Lina Khan on Friday welcomed companies evaluating antitrust considerations early in the deal-making process. “When you see greater scrutiny of mergers, you see greater deterrence of illegal mergers,” Khan told the Council on Foreign…

  • Forexlive Americas FX news wrap 20 Sep: The week comes to s close with the USD mostly up.

    Today’s economic data focused on Canada where retail sales rose by a stronger-than-expected 0.9% but prices were lower than forecast. In the US, two days after the Federal Open Market Committee cut interest rates by 50 basis points, Waller, a more hawkish member, spoke on CNBC. His comments were seen…

  • Qualcomm approached Intel about a takeover in recent days, WSJ reports By Reuters

    (Reuters) – Qualcomm Inc has made a $300 billion takeover bid for chipmaker Intel Corp in recent days, the Wall Street Journal reported on Friday, citing people familiar with the matter. Intel shares closed up 3.3%, while Qualcomm (NASDAQ:) shares fell 2.9%. Qualcomm has a market cap of $188 billion,…

  • Qualcomm approached Intel about a takeover in recent days, WSJ reports By Reuters

    (Reuters) – Qualcomm Inc has made a $300 billion takeover bid for chipmaker Intel Corp in recent days, the Wall Street Journal reported on Friday, citing people familiar with the matter. Intel shares closed up 3.3%, while Qualcomm (NASDAQ:) shares fell 2.9%. Qualcomm has a market cap of $188 billion,…

  • Mixed end to the day for the major indices

    Major US stock indices ended the day with mixed results. It was the end of the day so there was some volatility at the end of the day, which may have affected price action. At the close of trading, the Dow Jones Industrial Average closed higher. The S&P and Nasdaq…

  • NextNav’s chief accounting officer sells shares worth $5,799 By Investing.com

    In a recent transaction on September 19, Shams Sammad, chief accounting officer of NextNav Inc. (NASDAQ:NN (NASDAQ:)), sold shares in the company. The transaction involved the sale of 735 shares of common stock at $7.89 per share, for a total of approximately $5,799. The sale was made to satisfy tax…

  • NextNav’s chief accounting officer sells shares worth $5,799 By Investing.com

    In a recent transaction on September 19, Shams Sammad, chief accounting officer of NextNav Inc. (NASDAQ:NN (NASDAQ:)), sold shares in the company. The transaction involved the sale of 735 shares of common stock at $7.89 per share, for a total of approximately $5,799. The sale was made to satisfy tax…

  • Fed Harker: There is a risk that inflation decline could stall

    High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…

  • Fed Harker: There is a risk that inflation decline could stall

    High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…

  • US nuclear regulator has not gotten application for Three Mile Island restart By Reuters

    By Timothy Gardner and Leila Kearney WASHINGTON (Reuters) – The U.S. Nuclear Regulatory Commission said on Friday it has not yet received a request from Constellation Energy to restart the Three Mile Island nuclear reactor. Constellation and Microsoft (NASDAQ:) have signed a data center agreement to help restart a nuclear…

  • Fed’s Bowman explains dissent. Says she would have preferred a smaller rate cut

    High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…

  • Fed’s Bowman explains dissent. Says she would have preferred a smaller rate cut

    High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…

  • RENN Fund CEO Murray Stahl buys $2,704 worth of company stock By Investing.com

    In a recent deal completed on September 19, Murray Stahl, Chairman and CEO of RENN Fund, Inc. (NYSE:RCG), increased his stake in the company. The deal involved the purchase of shares at $1.98 per share, for a total value of $2,704. Stahl’s move demonstrates his increased investment in the company,…

  • Goldman Sachs: BOE rate outlook post-September meeting

    Goldman Sachs expects the Bank of England to cut interest rates by 25 basis points at its November meeting, following the recent decision to keep the bank rate on hold. Key points: Details of the Bank of England decision: The Monetary Policy Committee voted 8-1 The bank interest rate will…

  • Goldman Sachs: BOE rate outlook post-September meeting

    Goldman Sachs expects the Bank of England to cut interest rates by 25 basis points at its November meeting, following the recent decision to keep the bank rate on hold. Key points: Details of the Bank of England decision: The Monetary Policy Committee voted 8-1 The bank interest rate will…

  • Alliance Entertainment announces mixed FY 2024 results By Investing.com

    Alliance Entertainment (AENT), a leader in direct-to-consumer and e-commerce in the entertainment sector, disclosed its financial outcomes for the fourth quarter and fiscal year 2024 on (date). The company reported a decrease in net revenue for Q4 to $236.9 million from $247.1 million the previous year, with a gross profit…

  • Multichain Intel Markets becomes leading choice for AAVE, ADA traders post-FOMC 

    Disclosure: This article does not constitute investment advice. The content and materials on this page are for educational purposes only. Shares of Intel Markets, a leading AI-powered trading platform, surged to $370,000 after the FOMC meeting, as Cardano and AAVE traders got involved in the project. The cryptocurrency market is…

  • Multichain Intel Markets becomes leading choice for AAVE, ADA traders post-FOMC 

    Disclosure: This article does not constitute investment advice. The content and materials on this page are for educational purposes only. Shares of Intel Markets, a leading AI-powered trading platform, surged to $370,000 after the FOMC meeting, as Cardano and AAVE traders got involved in the project. The cryptocurrency market is…

  • Canadian dollar climbs on retail sales surprise. What’s next

    The Canadian dollar is in an interesting position at the moment. Locally, it is clear that the real estate markets painful It will take at least a 200 basis point rate cut to fix this. But that is coming. The government is also very unpopular but change is coming there…