Latest coverage
News
Small Cap Stock news
Vestis in the Spotlight: Why Acquirers Like Elis Are Racing to Buy This Uniform Powerhouse!
Vestis, the former uniform rentals business of Aramark, is currently in the spotlight due to acquisition interest from French workplace supplies provider Elis SA.
Is Papa John’s the Next Big Takeover Target? New CEO Sparks Interest!
Papa John's International, under its new CEO, Todd Penegor, is navigating a challenging environment while capturing the attention of potential acquirers.
Intel’s Desperate Moves: What’s Really Happening Before The Mid-September Board Meeting?
Intel has been struggling to keep up with its competitors and is now reportedly considering the divestiture of Altera, its programmable chips unit, and even its foundry business.
Ross Gerber Dumps Tesla Stock: What Does This Mean for Investors?
Tesla’s recent performance has raised significant concerns, especially as prominent investor Ross Gerber has publicly expressed doubts about the company’s future.
Gold’s Rally: Why 2024 is the Time to Invest in Gold
Gold had very impressive returns this year, with futures trading around $2,515 per ounce—up nearly 22% year to date. While it has pulled back slightly from its recent all-time high, it still remains one of the best-performing assets of 2024, second only to cryptocurrencies.
Stock Market Today: Tech Leads Market Decline As September Kicks-Off
U.S. stocks had a rough start this Tuesday, kicking off what is historically a difficult month for markets. Leading the decline were tech stocks, particularly Nvidia (NVDA), as chip stocks suffered a selloff. With traders already on edge, bracing for economic data and a key jobs report later this week, the Dow Jones Industrial Average, S&P 500, and Nasdaq Co
Understanding the Latest PCE Inflation Data and Its Impact on the Fed's Rate Cut Path
The Federal Reserve's preferred inflation gauge, the core Personal Consumption Expenditures (PCE) index, has given us more clarity on the inflationary environment as the Fed heads into its much anticipated September meeting.
Stock Market Today: Dow Hits Record High as US Economy Surprises with Strong Growth
Stocks are taking a positive turn despite Nvidia's mixed results, which stirred questions about the AI boom's sustainability. Meanwhile, strong economic data continued to support market sentiment.
Why Howard Hughes Holdings Could Be an Ideal Take-Private Target for Pershing Square
Howard Hughes Holdings has recently captured significant attention as a potential take-private target, particularly by its largest shareholder, Pershing Square, which holds a 38% stake in the company.
Federal Reserve Signals Start of Rate Cuts: What Investors Need to Know
The Federal Reserve’s recent announcement is an exciting and significant shift in monetary policy, with Fed Chair Jerome Powell stating that the time has finally come for the central bank to begin lowering interest rates.
Nvidia's Upcoming Earnings Report: A Catalyst for AI
Nvidia's upcoming earnings report is set to be a pivotal moment for the AI industry as well as the broader market. As the undisputed king in AI chip design and software, Nvidia's performance will likely set the tone for the sector and influence investor sentiment.
Can AMD's Latest Acquisition Of ZT Systems Pose A Serious Threat to NVIDIA's AI Dominance?
Advanced Micro Devices (AMD) has made a significant move in the AI market by acquiring ZT Systems for $4.9 billion.
Intel's Struggles Demand an Activist Investor Defense Mechanism: A Closer Look at the Crisis
Intel's recent struggles have prompted discussions with Morgan Stanley around the need for an activist investor defense mechanism, as it faces mounting pressure from shareholders and the broader market.
Evolent Health in the Crosshairs: What’s Driving Massive Buyout Interest?
Evolent Health, the renowned specialty care management services provider in the healthcare domain, has recently found itself at the center of acquisition talks after receiving significant interest from potential buyers.
Is Forward Air on the Brink of a Major Takeover? Here’s What You Need to Know!
Forward Air is at a critical juncture, caught in the crosshairs of activist investors demanding strategic changes that could lead to a potential sale.
Stock Market Today: Dow Hits Record Highs While Tech Falls
The Dow rose 0.1% to close at a record high of 41,240.52, buoyed by gains in materials, utilities, and energy sectors. Meanwhile, the S&P 500 fell 0.3% and the Nasdaq sank 0.8%, weighed down by a technological stock slump.
A Cooling Labor Market: What It Means for Interest Rates
The latest labor market data shows a gradual cooling in the job market. Initial jobless claims remained relatively flat while continuing claims rose to their highest level since November 2021. These developments have significant implications for the Federal Reserve's interest rate policy.
Inflation Cooling Opens Door for Fed Rate Cuts
The Federal Reserve is fully expected to lower interest rates in September after Wednesday's release of the Consumer Price Index (CPI) showed inflation continuing to cool. The data, which revealed a 2.9% year-over-year increase in July, is a significant step towards the Fed's 2% inflation target.
Bitcoin’s Recent Performance: A Market Overview
Let’s dive in and explore the factors contributing to Bitcoin's recent downturn, the broader impact on the crypto market, and what investors might expect from the digital asset in the coming weeks.
Why Bryant Riley's Buyout Bid Could Be The Only Option For B. Riley Financial
B. Riley Financial, once a stalwart in the financial services sector, has been grappling with a series of debilitating challenges that have significantly eroded its market value.
Stock Market Today: Stocks Gain as Investors Await Fed Speech
Today, U.S. stocks are trading higher, with the S&P 500, Dow Jones, and Nasdaq each up about 0.5%. If these gains hold, the S&P 500 could achieve its longest winning streak since last November. This positive start to the week shows growing investor optimism ahead of Fed Chair Jerome Powell's upcoming speech regarding rate cuts.
Stock Market Today: Stocks Stage Comeback After Positive Labor Market Data
The major U.S. indices reversed course on Thursday, clawing back from recent losses after positive labor market data calmed investor anxieties. As of midday trading, the S&P 500 was up 1.92%, while the Nasdaq surged 2.32%, and the Dow Jones Industrial Average climbed to 1.43%.
Stock Market Today: Market Moves Higher as Investors Digest CPI Report, Eyeing Fed Policy
U.S. stocks are showing mixed movement this Wednesday as investors grapple with the results of the latest Consumer Price Index (CPI) report. The S&P 500 was up a modest 0.15%, while the tech-heavy Nasdaq Composite was down 0.2%. The Dow Jones Industrial Average is faring the best, climbing 0.4%
Embecta’s Bold Move: Will This Insulin Needle Giant Be the Next Big Acquisition Target?
Embecta, a renowned producer of disposable insulin pen needles and syringes for diabetics, has initiated steps to explore a potential sale after a challenging period where its shares plummeted nearly 70% since its spin-off from Beckton Dickinson.