Uber’s $2.3 Billion ezCater Deal Puts Delivery Margins in Focus
Uber (NYSE: UBER) has agreed to buy ezCater for $2.3 billion, expanding workplace catering as investors assess delivery margins and cash use.
News - Page 21
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Latest News
Meta’s Muse Fuels AMD’s Rally as Personal AI Agents Drive CPU Demand
Meta’s Muse is sharpening investor interest in AMD as personal AI agents create demand for server CPUs alongside the GPUs powering their models.
OKX Names Standard Chartered and Circle as Investors After $25 Billion Valuation
OKX founder Star Xu named Standard Chartered and Circle as equity investors, building on a $25 billion valuation disclosed with ICE’s March investment.
KOSPI Falls Below 7,000 as Samsung Faces October 8 Volatility Risk
South Korea’s KOSPI closed at 6,941.39 as Samsung fell 1.45%, ahead of a crowded October 8 trading calendar and fading buyback support.
Moonshot AI Eyes Hong Kong IPO in Early 2027 After $50 Billion Funding Valuation
Moonshot AI is targeting a Hong Kong IPO in early 2027 that could raise up to $5 billion, after reportedly closing private funding at a $50...
DeepSeek Nears $12 Billion Raise With Tencent and CATL Backing
DeepSeek is nearing at least $12 billion in funding backed by Tencent and CATL, after targeting a valuation of roughly $75 billion ahead of a planned...
Ray Dalio Warns of U.S. Debt Crisis Within Three Years
Ray Dalio warns the U.S. could face a debt crisis within three years as persistent deficits, higher borrowing costs and weaker foreign demand strain financing.
Nasdaq Closes at Record as Tech Rally Defies Rising Treasury Yields
The Nasdaq gained 1.05% to a record close as SpaceX and major tech stocks climbed, even with Treasury yields above 5.3% and services price pressures rising.
Treasury Yields Hit Fresh 24-Year Highs as 30-Year Tops 5.7%
The 10-year Treasury yield climbed to 5.347% and the 30-year reached 5.702% as renewed bond selling and rising services prices put the Fed outlook in focus.
Elon Musk Becomes a Trillionaire Again as SpaceX Stock Surges
Forbes puts Elon Musk's fortune at $1.024 trillion as SpaceX and Tesla shares rally, restoring the wealth milestone first reached after SpaceX's June IPO.
SpaceX Stock Surges Above $160 as Market Value Tops $2.2 Trillion
SpaceX rises nearly 6% as its estimated valuation reaches $2.22 trillion, with Morgan Stanley maintaining a $300 target ahead of the next Starship test.
AI Rally Keeps Wall Street Near Records as Treasury Yields Hit 24-Year Highs
AI optimism keeps Wall Street near records despite Treasury yields at 2002 highs, with record ETF flows and October earnings setting up the next market test.