Articles

Virgin Galactic shares plunge on reverse stock-split announcement

The 1-for-20 reverse stock split will take effect at the close of trading Friday.

Elon Musk’s Tesla pay package gets another ‘no’ from a major shareholder

The largest public pension fund in the U.S. just came out against Tesla Inc. Chief Executive Elon Musk’s $56 billion pay package, this time officially.

Broadcom follows Nvidia’s lead with plan for a stock split

Broadcom is following Nvidia’s lead with a plan to split its stock in the wake of upbeat quarterly results and a big recent bump in its share price.

Michael Dell not involved in Everton takeover, despite reports linking tech titan to Premier League club

Takeover talk is swirling around Everton following the recent collapse of owner Farhad Moshiri’s deal to sell to Miami-based private investment firm 777 Partners.

PayPal’s competitive challenges are back in the spotlight, BofA says

Recent announcements in the world of payments underscore the challenges facing PayPal, according to an analyst.

Online broker eToro partners with X to educate investors through social media

Online brokerage eToro has announced a partnership with social-media platform X to provide educational resources about investing on the platform.

Buy these stocks to profit from silver’s rally, BofA says

It’s hard to find stocks that offer “pure play” exposure to silver, but BofA Securities analyst Michael Widmer recommended a couple that investors could buy to ride the continued rally in the precious metal.

Bank stocks and corporate bonds hold gains on flat inflation report and Fed update

Tame CPI data sent investors back into beaten-down regional-bank stocks and bonds.

U.S. budget deficit hits $1.2 trillion with fiscal year now two-thirds over

The cumulative U.S. budget deficit has reached $1.202 trillion with the federal government now two-thirds through its current fiscal year, driven in part by rising interest payments on the national debt.

Fed’s $1 trillion pile of paper losses are turning into actual losses — with more in sight

The Federal Reserve’s roughly $1 trillion pile of paper losses stemming from its underwater securities holdings have begun to turn into more than $100 billion in actual losses, with no relief in sight.

Inflation is cooling — but Americans’ concerns about it are hotter than ever, by one measure

Wall Street investors are cheering an inflation report showing no monthly increase in the cost of living during May — but good luck convincing consumers that the flat numbers are positive news.

As HPE’s stock heads for another high, its bonds have been selling off

CreditSights is advising investors to await new bond issuance related to HPE’s acquisition of Juniper Networks.
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