RXO stock soars as CH Robinson acquires truck broker for $5.8B
CH Robinson Worldwide has agreed to acquire truck broker RXO for about $5.8 billion in cash and stock, creating a logistics company with an enterprise value of more than $25…
Strategy (MSTR) stock rises as Bitcoin holdings hit record 848,000
Strategy (MSTR) stock, formerly known as MicroStrategy, gained 2% on Monday after the Bitcoin treasury company disclosed another purchase of the cryptocurrency, taking its total holdings to a record 848,000…
Why is Intel stock falling on Monday?
Intel shares INTC slipped on Monday after Elon Musk confirmed that Taiwan Semiconductor Manufacturing Co. could participate in his ambitious Terafab chip-making project, raising concerns that the US chipmaker could…
Arm stock jumps 5% as Nvidia AI platform role boosts chip demand outlook
Arm Holdings ADR stock surged 5% in trading as the company’s role in Nvidia’s Open Agent Safety Platform continued to attract investor interest.Arm-based processors have been confirmed to handle both…
Evening digest: US jobs cool, gold falls as Treasury yields rise
US employers added far fewer jobs than expected in September, while the unemployment rate rose to 4.2%, strengthening expectations that the Federal Reserve may leave interest rates unchanged in October.Gold…
Goldman Sachs explains why it is bullish on Nu Holdings stock
Nu Holdings stock has pulled back sharply in recent months, falling from a high of $18.95 in January to around $13.43 today. Despite the decline, the long-term growth story remains…
Evening digest: US jobs cool, gold falls as Treasury yields rise
US employers added far fewer jobs than expected in September, while the unemployment rate rose to 4.2%, strengthening expectations that the Federal Reserve may leave interest rates unchanged in October.Gold…
Dow rises 260 points as weak jobs data lifts US stocks
US stocks ended higher on Friday after weaker-than-expected September jobs data reduced expectations for a Federal Reserve rate hike later this month. The Dow Jones Industrial Average rose 260 points,…
Goldman Sachs names four ‘must own’ European stocks for 2027
Goldman Sachs has overhauled its flagship European Conviction List – Directors’ Cut this month, spotlighting key investment opportunities across the continent heading into 2027.Marking the list’s three-year anniversary, the Wall…
Why Broadcom stock is gaining today?
Broadcom stock AVGO gained more than 2.7% in trading on Friday as Wall Street banks prepared a potential $60 billion financing package for artificial intelligence chip infrastructure.Bloomberg News reported that…