Archer Aviation wins LA28 Olympics contract: is ACHR grossly undervalued?
Archer Aviation Inc (NYSE: ACHR) has been named the official air taxi provider for the LA28 Olympics. Shares of the eVTOL company are up 10% at the time of writing.…
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Eli Lilly pulls ahead of Novo in obesity drug gold rush as new players crowd in
The global weight-loss drug market, once dominated by Novo Nordisk, is undergoing a dramatic transformation. On Friday, the Danish pharmaceutical giant announced it would replace its long-serving chief executive, Lars…
What made Cox Communications say ‘yes’ to a buyout after years of resistance?
Cox Communications has been a potential takeover target for years. But despite several attempts from multiple suitors, the company always remained steadfast in rejecting all buyout proposals.However, that changed today,…
Charter, Cox to merge in mega deal to counter streaming and wireless giants
Charter Communications has agreed to acquire privately held Cox Communications for $21.9 billion, combining two of the largest cable and broadband providers in the US as the industry grapples with…
Saudi Arabia’s $600B US bet: can high oil prices and Trump’s low gas wishes coexist?
President Donald Trump’s affinity for grand economic agreements is well-documented, rivaled perhaps only by his preference for low gasoline prices for American consumers. His current diplomatic tour of the Gulf…
Japan sees record fund inflows as Trump’s tariff threats drive investors from US markets
Japan witnessed record foreign inflows into its equities and long-term bonds in April, as global investors reacted to US President Donald Trump’s aggressive tariff announcements by reallocating capital away from…
Europe markets open: STOXX 600 rises 0.4% on trade hopes, ECB signals rate peak
European equity markets, initially poised for a subdued start on Friday, found upward momentum as the trading session commenced, buoyed by a rally in healthcare shares and renewed optimism surrounding…
No emails, no early meetings: Airbnb’s Chesky on why CEOs don’t need to be ‘miserable’
In an era where the “grindset” ethos—marked by punishingly early wake-ups, ice baths, and unwavering adherence to corporate norms—has become a widely accepted blueprint for success, Airbnb CEO Brian Chesky…
Trump wants Apple to shift iPhone production from India to the US: here’s what it means
Amid US President Donald Trump’s criticism of Apple’s reported decision to shift a substantial portion of its iPhone production for the American market from China to India rather than the…
Europe markets open: UK’s 0.7% Q1 GDP, Siemens earnings in focus amid global caution
European markets commenced Thursday’s trading session with a keen eye on the United Kingdom, where a surprisingly robust economic performance offered a momentary bright spot. However, underlying caution prevailed as…