Elon Musk filed a new disclosure on his Twitter Inc. stake with the Securities and Exchange Commission on Tuesday, admitting that he invested in the company with the goal of effecting change and that ...
Tag: Acquisitions/Mergers/Shareholdings
Carvana Stock Tumbles as Analyst Sees Risk of Car Boom Becoming Car Bust
Text size An eight-story car-vending machine, operated by Carvana, in Huntington Beach, Calif. Mark Ralston/AFP via Getty Images Car sales have are slowing after their pandemic-fueled boom and have le...
Cathie Wood’s ARK Snaps Up Nearly $20 Million of UiPath Stock
Text size Cathie Wood’s ARK Innovation ETF purchased 867,331 shares of UiPath on Monday. Courtesy of ARK Cathie Wood’s ARK Innovation exchange-traded fund purchased 867,331 shares of UiPath , th...
AMD, Qualcomm make software-focused acquisitions as growth in core chip businesses questioned
Advanced Micro Devices Inc. and Qualcomm Inc. both announced acquisitions on Monday that will help diversify into greater software holdings as analysts question growth in the chip makers’ core busines...
Cathie Wood Sold Tesla Stock. She Is as Bullish as Ever.
Text size Tesla stock remains the biggest position in Cathie Wood’s ARK Innovation ETF. Courtesy of ARK Cathie Wood’s ARK Innovation ETF sold about 22,000 Tesla shares Thursday, according to her...
Freed Huawei Finance Chief Meng Wanzhou Returns to Company Spotlight
HONG KONG—Months after returning home to a hero’s welcome in China, Huawei Technologies Co. finance chief Meng Wanzhou was back in the spotlight Monday: This time, she was in more familiar surrounding...
Stock Market Gets Boost From Bond Selloff. Time to Sell the Rip?
Text size NYSE The Federal Reserve is talking tough about fighting inflation—and the stock market loves it. Don’t expect equities to be so relaxed if Powell & Co. act on their words. The S&P 5...
Here is what AT&T is giving investors in WarnerMedia spinoff, and how it will work
AT&T Inc. detailed its plans for the spinoff of WarnerMedia on Friday, with investors eventually expected to receive a share of the new streaming-media entity for every four AT&T shares they o...
Aurora Cannabis to acquire TerraFarma, parent of Thrive Cannabis
Aurora Cannabis Inc. ACB, -1.37% ACB, -2.40% has reached a deal to buy Thrive Cannabis’ parent company, TerraFarma Inc., seeking to strengthen its business in market and expand focus on premium produc...
Warren Buffett Does Deal Making Differently. Alleghany Acquisition Shows How.
Text size Warren Buffett Drew Angerer/Getty Images When it comes to acquisitions, Warren Buffett does things differently, and Berkshire Hathaway ’s deal on Monday for Alleghany illustrates his unique ...
Berkshire Hathaway to Acquire Reinsurer Alleghany for $11.6 Billion
Text size Warren Buffett, chairman and CEO of Berkshire Hathaway Saul Loeb/AFP via Getty Images Warren Buffett’s Berkshire Hathaway agreed to buy Alleghany shares for $848.02 a share in cash, or a tot...
Warren Buffett’s Berkshire Hathaway strikes $11.6 billion deal for reinsurer Alleghany Corp.
Warren Buffett picked the industry he arguably knows best, insurance, for his first major deal in two years. Berkshire Hathaway BRK.B, -0.74% BRK.A, -1.05% struck an $11.6 billion, all-cash deal to bu...
Anaplan Stock Surges on Deal to Be Bought by Thoma Bravo for $10.7 Billion
Text size Photograph by Michael Nagle/Bloomberg Anaplan , a provider of business-planning software, agreed to be acquired by private-equity firm Thoma Bravo for $66 a share, or $10.7 billion. The offe...
3 Energy Companies That Should Buy Back Stock: Analyst
Text size High oil prices have left producers awash in cash. Spencer Platt/Getty Images Oil-and-gas companies are pumping out billions of dollars in cash because of high commodity prices. Many of them...