Mobileye prices IPO above targeted range to raise nearly $1 billion, and most of it will go to Intel

Mobileye Global Inc. priced its initial public offering higher than its targeted range late Tuesday to raise nearly $1 billion, most of which will go to Intel Corp. Mobileye priced its initial public ...

Weber stock jumps 25% after largest shareholder makes acquisition offer for grill maker

Weber Inc.’s stock climbed more than 24% in after-hours trading Monday, mirroring an offer from its largest shareholder to buy the grill maker’s remaining shares for $6.25 apiece. The offer to buy Web...

AT&T Stock Will Outpace Verizon, Raymond James Says, Upgrading the Stock

AT&T stock comes with its risks but the telecom company will outpace rival Verizon Communications over the next few months, according to Raymond James’s Frank Louthan. On Monday, the analyst lifte...

Musk and Twitter Near a Deadline for Deal. What to Watch

Elon Musk has until Friday evening to close his $44 billion acquisition of Twitter or face an uphill legal battle in Delaware Chancery Court next month. Wall Street likely won’t be comfortable until c...

Buy Paccar Stock. The Truck Company Can Ride Out a Recession.

Before Steven Spielberg reached blockbuster success with Jaws, he made Duel, about a driver terrorized by a massive tanker truck. The story didn’t end well for the homicidal Peterbilt rig that the dir...

Opinion: Elon Musk pumps Tesla stock with ridiculous $4 trillion target. Is a dump coming next?

Another Tesla Inc. earnings call, and another fanciful Elon Musk prediction that likely encouraged yet another open file at the Securities and Exchange Commission on Wednesday. The chief executive of ...

Buffett’s Berkshire Hathaway closes $11.6 billion purchase of Alleghany insurance group

OMAHA, Neb. — Warren Buffett’s company completed its largest acquisition in years Wednesday with its $11.6 billion purchase of the Alleghany insurance conglomerate. The purchase announced in March wil...

Elon Musk teases massive Tesla stock buyback as CFO trims forecast for annual deliveries and stock falls

Tesla Inc. Chief Executive Elon Musk suggested the electric-vehicle maker could repurchase up to $10 billion worth of its stock Wednesday, as shares declined following a third-quarter revenue miss and...

Mullen Automotive Stock Climbs After Electric Last Mile Bankruptcy Deal

Electric-vehicle startup Mullen Automotive Inc. shares climbed after the company said it gained court approval to buy an Indiana manufacturing plant and other assets from now-defunct Electric Last Mil...

Viable Crypto Acquisitions In A Bear Market?

Advertisement &nbsp &nbsp During a bear market, many crypto adherents are concerned about purchasing cryptos. A bear market is a point in time when the market hits a slump tha...

Cano Health Stock Plumments on Report CVS Is Abandoning Purchase

Cano Health shares had their largest drop on record Monday following a report that CVS Health has walked away from a potential acquisition of the primary care provider. Dealreporter was the first to r...

BP Buys Renewable Natural-Gas Company in $4.1 Billion Deal

By Chris Wack Oct. 17, 2022 8:17 am ET Listen to article (1 minute) Archaea Energy said Monday it is being bought by BP PLC for $26 a share in cash, or a total enterprise value of $4.1 billion, includ...

SPAC Sponsors Were Winners Even on Losers

Since AEye went public by merging with a special-purpose acquisition company in August 2021, shareholders have had a rough go. The laser-technology company’s stock is down over 90% in the midst of mis...

Kroger-Albertsons Merger Would Create a Big Player in Retail Advertising

The proposed merger of Kroger Co. and Albertsons Cos. would reshape the U.S. supermarket industry by combining its two largest operators. It also would create a big player in so-called retail media, o...

Kroger Pauses Buybacks to Prioritize Debt Reduction After Albertsons Deal Closes

Grocery giant Kroger Co. is pausing share buybacks ahead of its planned acquisition of rival Albertsons Cos. Inc., aiming to use the additional cash to reduce its debt as it closes one of the biggest ...

Nio shorts may have covered too soon, as EV maker’s stock sinks to more than 2-year low

Shares of Nio Inc. sank to the lowest prices seen in more than two years, disappointing not only bulls, but also likely the many bears who have just covered their short positions. While short selling,...

Kroger unveils $24.6 bln deal to buy smaller grocery chain Albertsons

Kroger has inked a deal with Albertsons to purchase the smaller grocery retailer for $24.6 billion. The acquisition will establish a national footprint “to serve America with fresh, affordable food,” ...

Why It’s Time to Buy This Uranium Miner’s Stock

Heading into this past week, uranium miner Cameco was that rare stock in the market: It had posted a double-digit gain in 2022. One deal made those gains disappear—and created a buying opportunity. At...

‘This is not QE or QT. This is none of those.’ Why the U.S. Treasury is exploring debt buybacks

The U.S. Treasury Department on Friday said it plans to start talking with primary dealers in late October about the potential for it to begin buying back some of its older debt to help stave off mark...

Kroger and Albertsons Say the Merger Will Cut Prices. Their Shares Are Tumbling.

With inflation still an untamed threat, Friday’s announced merger of the grocers Kroger and Albertsons will spur debate about whether the consolidation will raise food prices, or lower them. The Biden...

Kroger’s $24.6 Billion Purchase of Albertsons to Create a Grocery Giant

Grocery giant Kroger said it was acquiring rival Albertsons in a roughly $24.6 billion tie-up that will help drive profitability and establish a larger footprint of nearly 5,000 stores. Kroger (ticker...

Tesla Stock Is Too Cheap. It Should Start Buying Back Its Own Shares.

Future Fund Active ETF co-founder Gary Black sent a letter to Tesla board of directors with a recommendation on how to spend some of the company’s growing cash hoard. He wants them to buy back Tesla (...

Uranium Miner Cameco Agrees to Buy Stake in Nuclear Services Firm, Stock Drops

Cameco stock was tumbling after agreeing, along with Brookfield Renewable Partners to acquire Westinghouse Electric. The companies will be forming a strategic partnership to acquire Westinghouse, the ...

Cameco Stock Tumbles on Agreement to Buy Stake in Westinghouse Electric

Cameco was falling nearly 10% after agreeing along with Brookfield Renewable Partners to acquire Westinghouse Electric. The companies will be forming a strategic partnership to acquire Westinghouse, t...

Good News for Tesla Investors: The Stock Is Now Oversold.

Shares of electric-vehicle leader Tesla have gone through just a brutal stretch lately. It’s been painful for the bulls, but they might be getting some relief soon. Tesla (ticker: TSLA) stock dropped ...

Peloton Co-Founder John Foley Faced Repeated Margin Calls From Goldman Sachs as Stock Slumped

John Foley, the co-founder and former chief executive of Peloton Interactive faced repeated margin calls on money he borrowed against his Peloton holdings before he left the fitness company’s board la...

Here’s how you’ll know stock-market lows are here, says investor who called crash in ’87

“If you think about where we are right now, the Federal Reserve Board is fighting something that it hasn’t seen really in almost four decades, which is inflation. Inflation is a bit like toothpaste: o...

Ford stock is now a ‘sell’ at UBS as an oversupply problem looms

Shares of Ford Motor Co. were hit hard Monday by UBS analyst Patrick Hummel’s recommendation that investors sell, as the auto industry is facing a worrisome U-turn from undersupply to oversupply. Humm...

Rivian’s big recall is a ‘black eye’ for bulls, but the stock is still a buy, analyst says

Shares of Rivian Automotive Inc. took a dive Monday, in the wake of the electric-vehicle maker’s recall of nearly all of its vehicles, but Wedbush analyst Dan Ives said the news is just a “speed bump”...

CZ Says Binance Could Spend up to $1 Billion on Acquisitions This Year

Changpeng Zhao (CZ), CEO of leading cryptocurrency exchange Binance recently revealed that the company could spend up to $1 billion on acquisitions and investments this year.  According to Bloomberg, ...

Opinion: Disney’s ESPN is aiming for a potential pact with DraftKings. The better bet for investors is FanDuel, which has a few aces in the hole

It can be maddening when other people don’t see the world the way we do. In the stock market, this kind of misalignment can be a source of great wealth. I was thinking about that kind of contrarian ap...

Binance Boss Ready to Spend $1 Billion on Acquisitions

Alex Dovbnya Binance is prepared to spend another $1 on acquisitions this year Binance CEO Changpeng Zhao claims that his company is ready to spend more than $1 billion on acquisition deals in 2022 al...