Maksim Labkouski/iStock via Getty Images Everbridge (NASDAQ:EVBG) edged higher by 0.8% after a Nasdaq delisting notice for its planned sale to Thomas Bravo. The deal is tentatively scheduled to close prior to the market open on Tuesday, according to the Nasdaq notice on Friday. In anticipation of the closing, theContinue Reading
Stock index futures traded in the green on Friday, a day after the first U.S. presidential debate of the year took place, and as investors keenly wait for key inflation data expected to land later in the day. S&P 500 futures (SPX) +0.4%, Nasdaq 100 futures (US100:IND) +0.4% and DowContinue Reading
Pornpimone Audkamkong A CyberMetals study examined investing preferences among different age groups of investors. The team surveyed 1,004 investors “to explore their preferences and trust in different investment vehicles.” This included 60% of respondents from the U.S. and 40% from the U.K., from which 15% were Gen Z, 50% wereContinue Reading
Spencer Platt/Getty Images News Chipotle Mexican Grill (NYSE:CMG) ended Wednesday 0.3% higher at $65.86/share in its first trading day after its 50-for-1 stock split, one of the biggest in Wall Street history. Its shares rose 0.5% in light premarket trade on Thursday. Shareholders received 49 additional shares for each shareContinue Reading
Sitthipong Pengjan/iStock Editorial via Getty Images Capri Holdings (NYSE:CPRI) edged higher by 0.5% after an investor said he sees the potential for 70% upside for the luxury goods company even if the company doesn’t complete its planned sale to Tapestry (TPR). Maven Investment Partners’ senior portfolio manager Manuel Blanco stillContinue Reading
Leon Neal/Getty Images News Grindr (NYSE:GRND) rose in premarket trading on Wednesday after increasing its revenue guidance for 2024 from revenue growth of at least 23% to at least 25%. Adjusted EBITDA guidance for 2024 of at least 40% remained unchanged. Looking ahead to 2027, Grindr said it expects toContinue Reading
SlavkoSereda/iStock via Getty Images Crude oil futures finished higher Monday, sparked by optimism over strong summer driving demand and the resurgence of geopolitical risk perception with rising tensions between Israel and Hezbollah, as prices continue to rebound from early June lows. After last week’s big drop in U.S. crude andContinue Reading
Sundry Photography Dupont (NYSE:DD) edged higher by almost 2% after a report that its water treatment is seeing takeover interest. The unit, which Dupont (DD) planned to spin out, is seeing interest from Xylem (XYL) and Veralto Corp. (VLTO), who are in the early stages of looking at the DupontContinue Reading
pedrosala/iStock via Getty Images Higher electricity bills are ahead for most of the U.S. this summer, as the Energy Information Administration forecasts the average monthly residential power bill in the U.S. rising to $173 in June, July and August, up 3% from a year ago. The biggest bumps in electricityContinue Reading
Just_Super/E+ via Getty Images HashiCorp (NASDAQ:HCP) ticked up by 0.4% at least partly amid a report about the antitrust review of its planned sale to IBM (NYSE:IBM). The Dept. of Justice, which has a history of reviewing IBM (IBM) deals, didn’t have any issues with the $6.4 billion sale ofContinue Reading
