Kennedy Wilson’s $347M buy of Toll Brothers’ Apartment Living adds $2.2B AUM, 29-site $3.6B pipeline, and management of $3B more, boosting its rental housing scale and positioning KW for growth. ...
Alibaba shares soared on Wednesday after the company announced it will expand its planned AI spending beyond its original commitment of more than $50 billion. ...
US stocks fell on Wednesday, with the S&P 500 (GSPC) slipping 0.35%, the Dow Jones Industrial Average (DJI) down 0.20%, and the Nasdaq Composite (IXIC) sliding 0.48%. ...
Cogna is offering $5/share to buy out Vasta’s minority stake, delist it from Nasdaq, and fully integrate its digital education platform to strengthen competitiveness in Brazil’s growing edtech market. ...
Clear Channel is selling its Spanish unit to Atresmedia for €115M to cut debt, giving Atresmedia omnichannel ad reach, data tools, and synergies while streamlining Clear Channel’s portfolio. ...
Gold prices acheived another record on Tuesday, extending a powerful rally that has carried the precious metal more than 40% higher this year. ...
US stocks were mixed on Tuesday as investors digested the first public comments from Federal Reserve Chair Jerome Powell since last week’s interest rate cut. ...
ZIM jumps 6.6% as board explores acquisition offers; CEO-led group eyes $20/share take-private, but Evercore hired to seek other bidders including Maersk, highlighting interest at low valuations. ...
Potbelly to be acquired by RaceTrac for $17.12/share in $566M all-cash deal, a 32% premium; closing expected Q4 2025 as RaceTrac expands beyond fuel into foodservice while keeping brand standalone. ...
Jamf Holding explores sale as Vista Equity seeks to exit 34% stake; Citigroup advising amid strong Q2 with 15% revenue growth, 19% margins, and $710M ARR attracting potential buyers. ...
Nvidia (NASDAQ: NVDA) shares surged on Monday following the announcement that it would invest up to $100 billion in OpenAI, cementing one of the largest partnerships yet in the global ...
US stocks turned higher Monday afternoon, extending Wall Street’s record-setting streak as megacap tech stocks once again fueled gains. ...