Tag: business news
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MGM CEO leaves door open to People Inc. bid as casino dealmaking heats up
The Wall Street Journal reported MGM was exploring an offer for People Inc. after People Inc. withdrew its $48.30-per-share proposal to buy the rest of MGM.
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The hottest trade of the year so far isn’t AI. It’s tanker stocks
Tanker stocks have been on fire this year. Here’s why their momentum can stand
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Kalshi traders see high odds Anthropic’s IPO is announced this year
The higher odds come after the artificial intelligence company reportedly warned investors in its IPO prospectus that its models could be dangerous.
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Fed watchdog finds renovation failures, but no grounds for criminal referral
The long-awaited report by the Fed’s inspector general said it found no reasonable grounds to believe federal criminal law had been violated.
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These two chip stocks could join the elite $2 trillion tech giant club, says top analyst
Resurgent CPUs and efficiency gains from memory could propel more chipmakers to a $2 trillion market cap.
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Treasury launches student loan support center as new data show 9.3 million borrowers in default
The Trump administration announced on Wednesday that it was launching a “Default Loans Support Center” for student loan borrowers who’ve fallen behind.
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Senate expected to vote on stock trading ban, data center bill before election recess
The Senate will vote on bills that would ban members from trading stocks while in office, and to address data center-related utility costs, amid Democratic opposition.
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Applied Materials just broke out above a key level. This bullish options trade takes advantage
Look at a bull put spread to bet on continued upside toward our $615 target while keeping the risk limited.
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Deutsche Bank CEO warns Germany’s political shift is troubling foreign investors
Deutsche Bank CEO Christian Sewing warned that recent election results could hurt Germany’s appeal to international investors.
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Stellantis CEO reconfirms 2026 guidance, says turnaround plan continues as automaker’s shares hit new low
Stellantis CEO Antonio Filosa on Wednesday reconfirmed the company’s 2026 guidance and its plans to be cash-flow positive by 2027.
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