Digital World Acquisition Corp. jumped 44%, and its A-class shares gained 30%, after announcing a plan to merge with Trump Media Technology Group, which aims to launch a social-media platform backed by former President Donald Trump. The transaction values the Trump media group at an enterprise value of $875 million, the company said. What's called Truth Social is aiming for a beta launch in November, and Trump Media Technology also is planning to launch "non-woke" entertainment programming, news
Yahoo Finance's Dan Howley breaks down the numbers to know from IBM's Q3 earnings report.
Ocugen's share price has skyrocketed roughly seven times more than Novavax's has. Does that make Ocugen the smarter vaccine stock to buy right now? Here are seven reasons why Novavax stock is a no-brainer pick over Ocugen.
Forget your inflation fears. Wood sees decades of big gains ahead.
Just because a company's stock is getting heavy attention in internet chatrooms doesn't mean its actual business can't also have potential.
The company's merger with Aphria closed in May, but investors shouldn't rule out another one in the near future.
Multinational investment bank and financial services firm Raymond James Financial, Inc. (RJF) has signed an agreement to acquire Pennsylvania-based bank holding company TriState Capital Holdings, Inc. (TSC) for approximately $1.1 billion. Following the announcement, shares of Raymond James lost 2.1% in extended trade on Wednesday. Based out of Florida, the company offers investment banking, asset management and financial services to individuals, corporations and municipalities. Under the agreeme
(Bloomberg) -- Former President Donald Trump on Wednesday announced a deal that would enable him to regain a social media presence after he was kicked off Twitter Inc. and Facebook Inc. platforms. Most Read from BloombergGoogle’s Biggest Moonshot Is Its Search for a Carbon-Free FutureA $30 Billion Fortune Is Hiding in China’s Silicon ValleyBeef Industry Tries to Erase Its Emissions With Fuzzy Methane MathGoogle’s CEO: ‘We’re Losing Time’ in the Climate FightHate-Speech Case Forces Japan to Confr
AT&T, the Dallas telecommunications and media giant, posts quarterly earnings and wireless subscriber growth that top Wall Street expectations.
Can I retire at 55? It’s a question you might be asking yourself if you’re hoping to make an early exit from the workforce. While normal retirement age for most people usually means 65 or older, early retirement could give … Continue reading → The post Can You Retire at Age 55? Let’s Run the Numbers appeared first on SmartAsset Blog.
Yahoo Finance's Jared Blikre talks Tesla as the automaker reports its Q3 earnings
Blackstone Inc. shares rose 3.4% in pre-market trades on Thursday after the private-equity firm said its third-quarter net income rose to $1.4 billion, or $1.94 a share, from $794.7 million, or $1.13 a share, in the year-ago quarter. Distributable earnings increased to $1.64 billion, or $1.28 a share, from $772.1 million, or 63 cents a share, in the year-ago quarter. Analysts expected Blackstone to earn 89 cents a share, according to a survey by FactSet. Total assets under management rose 25% to
Shares of International Business Machines Corporation (IBM) declined 4.3% in Wednesday’s extended trading session after the computer hardware company reported disappointing third-quarter revenues, which missed analysts’ expectations. However, earnings during the quarter beat consensus estimates. The company reported revenues of $17.6 billion, missing analysts’ expectations of $17.77 billion. Adjusted earnings of $2.52 per share slipped 2.3% year-over-year. The Street had estimated the same to be
In this article we are going to estimate the intrinsic value of Apple Inc. ( NASDAQ:AAPL ) by estimating the company's...
Shares of AT&T were gaining in premarket trading Thursday after the telecommunications giant posted better-than-expected profit for its third quarter and continued to see strong subscriber additions in its wireless business.
Shares of PayPal (NASDAQ: PYPL) stumbled on Wednesday, falling as much as 6.8%, though the stock recovered a bit, ending the trading day down 4.7%. Reports surfaced early in the day that PayPal had made overtures to acquire social-media site Pinterest (NYSE: PINS). Bloomberg dropped the story, citing the oft-quoted "people with knowledge of the matter," which sent Pinterest stock soaring.
First comes a bitcoin price pop, then comes ethereum, says one analyst who's eyeing $10,000.
While a business like Clover Health Investments (NASDAQ:CLOV) is developing, it takes substantial funds to invest and produce a model that is going to take off against the competition. That is why companies need cash reserves to fund their business while developing.
Shares of Freeport-McMoRan Inc. fell 1.8% in premarket trading Thursday, after the mining company reported third-quarter net profit that soared more than four-fold, while revenue came up short of expectations, as realized copper prices soared but gold prices fell. Net income climbed to $1.40 billion, or 94 cents a share, from $329 million, or 22 cents a share, in the year-ago period. Excluding nonrecurring items, adjusted earnings per share came to 89 cents, above the FactSet consensus of 81 cen
Yahoo Finance’s Ines Ferre reports on the day's trending tickers.