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DoorDash has agreed to acquire Instacart in a deal valued at about $17 billion, marking its biggest acquisition as the food delivery company looks to expand its presence in the…
Wendy’s (WEN) shareholders have a takeover premium to weigh against a difficult turnaround. Shares soared over 15% this morning after Nelson Peltz’s Trian Fund Management led a roughly $1.4 billion…
Vertiv (VRT) gave investors a reason to reconsider its battered stock on Wednesday: evidence that the AI infrastructure boom is translating into stronger business performance. Shares jumped nearly 20% on…
Robinhood Markets (HOOD) stock fell to its lowest level since August after the company released earnings showing that crypto revenue continued to decline. The shares dropped to $89.20, roughly 30%…
The US Federal Reserve announces its next interest-rate decision on Wednesday at 2 p.m. Eastern, following its two-day policy meeting. Expectations favour a pause: 94 of 100 economists in Reuters’…
AMD stock rose on Tuesday after the chipmaker announced a $1 billion investment in Meta’s equity offering alongside an expansion of their partnership to develop computing infrastructure for artificial intelligence…
SoFi Technologies (SOFI) gave investors fresh reasons to reconsider the fintech stock on Tuesday, reporting better-than-expected Q3 earnings and raising its annual revenue guidance. The company posted per-share earnings of…
MercadoLibre (MELI) stock tanked in trading on Monday after Brazilian President Luiz Inácio Lula da Silva defeated Flávio Bolsonaro, upending expectations for a more market-friendly administration. MELI shares are down…
