Text size Tellurian said it withdrew the bond deal “due to uncertain conditions in the high-yield market.” Spencer Platt/Getty Images Tellurian shares were tumbling Tuesday after the natur...
Tag: Acquisitions
Berkshire Made Big Bets on Citi, HP, and Paramount Stock. They Look Like Losers.
Text size Warren Buffett, CEO of Berkshire Hathaway, said his company often buys equities before a market hits bottom. AFP via Getty Images When asked about Berkshire Hathaway ’s investment success at...
Berkshire Looks Like a Loser with 3 Big Buys
Text size Warren Buffett, CEO of Berkshire Hathaway, said his company often buys equities before a market hits bottom. AFP via Getty Images When asked about Berkshire Hathaway ’s investment success at...
FTX’s Sam Bankman-Fried reveals the company has another $1B to use in acquisitions
Join Our Telegram channel to stay up to date on breaking news coverage The CEO of FTX, San Bankman-Fried, has said that the company still had liquid cash that would be spent on acquisitions. FTX is on...
FTX CEO Reveals $1 Billion Availability For Acquisitions
5 hours ago | 2 mins read Exchange News FTX bailed out Voyager Digital by extending a kind of two-piece line of credit. FTX acquired Canadian exchange Bitvo in June. Sam Bankman-Fried, CEO of crypto d...
FTX CEO Sam Bankman-Fried Says Firm Still Has $1,000,000,000 in Cash Left To Deploy for Acquisitions
The chief executive of crypto derivatives exchange FTX says that the company still has a sizable amount of cash left to burn on acquisitions. In a new interview with CNBC’s Squawk Box, FTX CEO Sam Ban...
Why Adobe Wants Figma and Why Some Investors Are Worried
Sept. 18, 2022 10:00 am ET Listen to article (2 minutes) Adobe the low-key maker of digital tools to create PDFs and edit photos, pleased investors by reinventing itself as a subscription-software bus...
Opinion: Adobe’s stock got slammed for spending $20 billion on Figma. But it now owns a rare company.
Adobe beat revenue and profit expectations, and on the same day announced it would acquire a smaller but faster-growing rival in online design-collaboration tools. The stock market rewarded the compan...
The S&P 500 sank 5% in a very bad week for stocks. These 20 lost as much as 24%.
U.S. stocks sputtered Friday to close out the week in the red. The day’s declines of less than 1% for the broad indexes paled against Tuesday’s, when they sank 4% to 5%. For the week, the Dow Jones In...
Apple is now the market’s most-shorted stock. If Tesla is an example, that’s bullish.
Apple shareholders need not worry that it’s the most-shorted U.S. stock. I’m referring to the report from short-seller analytics firm S3 Partners that, after 864 days in which Tesla TSLA, +0.38% was a...
Moderna Stock Surges. China Would Be a Big Market.
Text size Moderna stock has gotten a boost from the CEO’s comments about China. Photo by Justin Sullivan/Getty Images Moderna ’s Covid-19 vaccine has been wildly successful, but its stock has be...
These five stocks in the S&P 500 lost almost half a trillion dollars in value in one day amid widespread wipeout
A decline in gasoline prices couldn’t mask the problem that spooked investors on Sept. 13: Core consumer prices resumed their rapid increase during August. Fear of the Federal Reserve’s ongoing tighte...
Oracle Stock Rises. Sales Topped Guidance but Profits Missed.
Text size Oracle’s headquarters. The software giant’s earnings disappointed. Justin Sullivan/Getty Images Oracle posted mixed numbers for the quarter. Revenue edged out guidance, but profi...
Russia’s Arms Acquisitions Mirror That Of Pariah 1980s Iran
Shortly after Russia received its first batch of the “hundreds” of armed drones the White House said it is importing from Iran in August, declassified U.S. intelligence revealed that Mosco...
Animoca plans acquisitions after $110 million funding round
Animoca have announced that it has completed a funding worth $110 million, which Temasek led. According to the update, the company noted that it will infuse the raised funds into new acquisitions. The...
AMD Is the Chip Stock to Buy Over Nvidia and Intel, Says Analyst. Here’s Why.
Text size AMD releases its next-generation Ryzen 7000 series chips on Sept. 27. Dreamstime Advanced Micro Devices is the best bet out of the three major U.S. computer chip companies, according to Stif...
Roblox stock drops as Wall Street sees a ‘Pandora’s box of problems’
Roblox Corp.’s stock continued to sell off Friday as analysts questioned growth initiatives presented at the social-media company’s investor day on Thursday and August performance that came in lower t...