Apple CEO Tim Cook sells shares valued at around $88 million
Key takeaways Apple CEO Tim Cook sold 511,000 shares of the company's stock valued at approximately $88 million in its largest stock sale since 2021. After the sale,
Cal-Maine profits fall 99% as egg prices collapse
Takeaways Cal -Maine stocks fell after reporting profits fell 99% as egg prices collapsed. Its EPS and sales missed analysts' expectations. estimates. The company reported that the average
Intel shares rise after announcing plans to take its programmable chip unit public
KEY TO REMEMBER Intel plans to spin off its programmable chip business, with an IPO in the next two to three years. Starting in January, the Programmable Solutions
Krispy Kreme says it wants to sell its majority stake in Insomnia Cookies
Takeaways Krispy Kreme said it was looking to sell its majority stake in Insomnia Cookies so it could focus on its core donut business. Krispy Kreme invested in
PNC Acquires $16.6 Billion SVB Bridge Bank Loans From FDIC
Takeaways PNC Bank (PNC) on Tuesday acquired $16.6 billion in capital commitments, primarily loans, held by Signature Bridge Bank, the successor to bankrupt Signature Bank. The commitments will
Trading recommendations for 10/4/2023
Hello. Something tells me that we will still see long corrections in instruments. But it’s too early to argue with the trend, only the first beacons that can
WeWork shares hit all-time low as company misses payments on $95 million debt
Key Takeaways Shared Office space rental company WeWork said it would not pay interest on about $95 million owed Monday, and its shares fell to an all-time low.
Eli Lilly buys POINT Biopharma to strengthen its anti-cancer therapies
Takeaways Eli Lilly has agreed to buy POINT Biopharma Global for $1.4 billion, expanding its reach into cancer treatments. Lilly will pay $12.50 per share for POINT, a
Kellogg splits into two companies and shares of both collapse in first session after split
Takeaways Kellogg split into two separate publicly traded companies, and shares of both fell on their first day of trading after the separation. Kellanova, which retained the "
EUR/USD collapses to new annual low, avalanche of bearish factors
Investing.com – After rebounding last Thursday and Friday, without calling into question the underlying downward trend, the EUR/USD pair returned to the downward path on Monday and continued