Activist Holdings
Jana Partners reduces its position in Freshpet, while Thomas H. Lee Partners, Oak Hill Advisors, and Baupost Group decrease their holdings in Dun & Bradstreet, Valaris Limited, and Garrett Motion respectively.
Jet Token Stock Plummets After Nasdaq Debut
Shares of Jet Token (Jet.AI) plummeted following its merger with Oxbridge Acquisition. Jet.AI is a pioneer in private aviation booking and membership platform, with remarkable revenue growth and earnings improvement.
Bitcoin Price Continues to Stagnate
Bitcoin's price remains just below the critical $30,000 threshold, causing uncertainty and unease in the market. Traders anxiously await signs of an upswing, but the chances of a breakthrough decrease with time.
Rio Tinto Announces Significant Milestone in Simandou Iron-Ore Project
Rio Tinto announces significant milestone in the development of the Simandou iron-ore project in Guinea, with agreements reached for crucial infrastructure and joint development plans. Simandou has the potential to impact the international...
Wynn Resorts Reports Strong Q2 Earnings
Wynn Resorts reports strong second-quarter earnings, exceeding expectations and highlighting recovery in Macau and the U.S.
Rising Car Prices Show Signs of Relief
New data suggests relief may be on the horizon for U.S. consumers as rising car prices show signs of slowing down. This is concerning for automakers and auto investors, but consumers still face high repair and insurance costs.
SEC's Request for Appeal on Ripple Ruling Could Impact Crypto Regulation
The SEC's appeal on the Ripple ruling may impact crypto regulation in the US, with potential implications for digital asset regulation under securities laws.
LEG Immobilien Reports Increase in Earnings for Second Quarter
Shares in LEG Immobilien experience boost as company announces rise in earnings for second quarter. Upgraded full-year targets and continued success in sales program. Focus on reducing debt.
Chinese Travel Restrictions Eased, Hotel Shilla's Shares Soar
China's relaxation of travel restrictions boosts South Korean tourism stocks, with Hotel Shilla's shares experiencing a significant surge. Beijing lifts ban on group travel to multiple countries, including South Korea.
Former President Donald Trump Refuses to Sign Pledge
Donald Trump rejects signing pledge to support GOP nominee, questions its necessity, and suggests organizing an alternative event. Implications for the upcoming debate and 2024 presidential candidates.