Tag: business news
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Fox to buy streaming device maker Roku for $22 billion
Fox, the owner of the news and sports networks, said it has reached a deal to acquire Roku for about $22 billion in enterprise value.
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Ferrari shares have struggled of late. Morgan Stanley says concerns are overblown
Ferrari shares should rise as the Italian firm proves that concerns over its recent product launches and growth targets are overblown, per Morgan Stanley.
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This semiconductor stock is up more than 200% this year. TD Cowen says it has more room to run
The bank has a buy rating on the semiconductor firm and raised its price target.
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KFC leans into boneless chicken, new drinks as chain tries to regain market share
KFC is facing more competition from legacy giants and upstarts alike, thanks to the growing global popularity of chicken.
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SpaceX gains 6% in premarket after record debut
Skip NavigationMarketsBusinessInvestingTechPoliticsVideoWatchlistInvesting ClubPROLivestreamMenu SpaceX shares jumped in premarket trading on Monday following its record-breaking debut last week on the Nasdaq, which marked the biggest initial
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UK to ban social media for under-16s to ‘give kids their childhood back’
The ban could include platforms like Snapchat, TikTok, YouTube, Instagram, Facebook and X.
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Oil to still cause volatility even with U.S.-Iran deal in place: Analysts
Skip NavigationMarketsBusinessInvestingTechPoliticsVideoWatchlistInvesting ClubPROLivestreamMenuWhile markets cheer the tentative U.S.-Iran peace deal, oil-price volatility could persist in the near term, analysts say. Global oil inventories, which have
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Zhipu surges 33% as Wall Street raises bets on China AI after Anthropic curbs
Shares of Chinese AI model developer Zhipu surged as Wall Street banks raised bets on the company’s ability to capture global AI demand.
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SpaceX: To the moon for investors or a bumpy ride? Here’s what experts say
If the first day’s share price is anything to go by, investors are still very optimistic on the stock.
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Trump celebrates turning 80 with a UFC cage-fighting event while big issues loom over his presidency
The president has sought to tie Sunday’s event to larger, months-long celebrations of the 250th anniversary of the signing of the Declaration of Independence.
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