Tag: business news
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Star analyst Dan Ives forms Yorkville Ives merchant bank after leaving Wedbush
The new firm, Yorkville Ives & Co., will combine investment banking, equity research, institutional trading and principal investing.
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Warren Buffett tells CNBC he initiated Berkshire Hathaway’s investment in Alphabet
Warren Buffett said he was the driving force behind the conglomerate’s recent big investment in Alphabet.
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Mortgage rates rise to highest level in nearly a year, causing homebuyers to pause
Mortgage rates moved higher last week, causing buyers to pull back, but refinancing did see small gains.
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IBM just had its worst day ever. Oppenheimer thinks investors should stay away from the stock
The investment firm downgraded IBM to perform from outperform.
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Trump warns U.S. strikes on Iran could get ‘really bad’ next week with power plants targeted
Fighting in the Middle East has intensified in recent days, but could escalate further if Iran fails to cooperate, the president said.
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The British finance minister choice that’s worrying big business
The front-runner for U.K. finance minister is Ed Miliband, who’s seen as deeply anti-business. Will Andy Burnham, the incoming prime minister, dare appoint him?
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ASML hikes sales forecast for second time this year on strong AI chip demand
ASML on Wednesday raised its guidance for a second time this year as its customers continue to ramp up their production capacity of AI chips.
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Stripe, Advent offer to buy PayPal for more than $53 billion: Reuters
Stripe and Advent International have made a joint offer to acquire PayPal Holdings Inc for $60.50 per share, in a deal that would value the payments company at more than $53 billion.
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Why Europe is suddenly betting big on drones
Drones and autonomous systems are moving from niche battlefield tools to a core part of modern warfare.
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Oil rises as U.S. continues to strike Iran, reinstates naval blockade of the country’s ports
Oil prices rose Wednesday after U.S. forces struck Tehran and Washington reinstated its naval blockade of Iranian ports near the Strait of Hormuz.
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