US stocks rise after jobs data shows labor market strengthening after disappointing April report
The May data showed employers are adding new hires, though at a slightly slower pace than analysts were expecting.
AMC wants to issue 25 million more shares after a 2,300% rally this year, to help it chase acquisitions ‘hard’
AMC has raised around $800 million through share sales in recent days, but it now wants to further bolster…
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Global shares eye upbeat end to week as investors look for strong US jobs data, while cryptocurrencies struggle
Analysts predict strong US jobs and unemployment data, boosting investor optimism about post-pandemic recovery.
Billionaire investor Bill Ackman unveils his plans to spend up to $14 billion on deals – and confirms his mega SPAC is seeking to buy 10% of Universal Music for $4 billion
Ackman’s PSTH could have almost $3 billion to pursue another transaction, and he’s planning to arm a new company…
$6 billion cybersecurity giant FireEye is selling a huge chunk of its business, and its name, in a $1.2 billion deal that will let it double down on what it’s really good at (FEYE)
Summary List PlacementEight years ago, prominent $6 billion cybersecurity company FireEye acquired incident response startup Mandiant. That deal has…
US stocks hover near records as optimism grows around a global economic rebound
“Economic numbers are painting a much more optimistic picture about the health of the US economy,” said an AvaTrade…
Bitcoin is more like risky digital copper than gold as an inflation hedge, Goldman Sachs’ top commodities analyst says
Both bitcoin and copper work as “risk-on” inflationary hedges, or situations where investors have higher risk appetite, Currie said.
Elon Musk’s ‘Baby Shark’ tweet sends shares in the iconic song’s investor up 10%
Wednesday’s gain for Samsung Publishing marks another example of Musk’s mega-influence on market movements via Twitter.
10 things you need to know before the opening bell
This is what traders are talking about.
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