Industry insiders were quick to react Tuesday after news broke of a planned deal between two of the world’s largest crypto exchanges – Binance and FTX. Binance co-founder Changpeng Zhao Read more
Tag: Corporate Actions
Apple, Pepsi among newest to join alliance buying greener concrete and steel
PepsiCo Inc., Apple Inc. and Rio Tinto PLC can be counted among the newest members of a corporate alliance committing $12 billion to purchasing near-zero-carbon steel, aluminum, cement and other products with the intention Read more
Crypto exchange Binance to provide proof of reserves soon, says CEO
The world’s largest crypto exchange Binance will start providing proof of reserves soon, after it proposed an acquisition of the non-U.S. assets of rival exchange FTX, which faced a liquidity Read more
Take-Two stock sinks as analysts walk off mobile weakness, focus on pipeline
Take-Two Interactive Software Inc. shares fell double-digits Tuesday after Wall Street absorbed a hefty outlook cut owing to the videogame publisher’s overestimate of the mobile market in the latter half of Read more
Binance plans to buy rival exchange FTX in deal that shakes up crypto industry
Binance, the world’s largest crypto exchange, has signed a letter of intent to acquire the non-U.S. assets of rival FTX, which faces a “significant liquidity crunch”, according to Changpeng Zhao, Read more
EU to deeper investigate Microsoft’s $75 billion deal for Activision Blizzard
The European Union’s competition watchdog said it would pursue an in-depth investigation into Microsoft Corp. MSFT, +0.28%’s planned $75 billion acquisition of Activision Blizzard Inc. ATVI, +1.49%, adding to the global scrutiny of whether the Read more
How major crypto tokens are reacting after reports of Binance’s acquisition of FTX:
Most crypto prices jumped Tuesday on news that Binance, the largest crypto exchange in the world, has signed a letter of intent to acquire rival FTX, but prices are still Read more
AMC stock lifted by ‘Zoom Rooms’ partnership with Zoom
AMC Entertainment Holdings Inc.’s stock rose 2.4% before the opening bell on Tuesday, lifted by the meme stock darling’s deal with Zoom Video Communications Inc. to turn some of the Read more
Affirm earnings: What to expect
About a year ago, Affirm Holdings Inc. was sitting pretty. The company achieved a peak market value of $46.8 billion on Nov. 4, 2021, and it went on to announce Read more
Here’s the trouble under the hood at Warren Buffett’s Berkshire Hathaway
It’s midterm day in America, so pack your weapon (where legally permitted), have your local election lawyer on speed dial and get out the popcorn. U-S-A, U-S-A. More on that Read more