Elliott’s Influence Grows: Southwest Airlines Showdown Loomsby Mark Eisenberg 03.09.2024Elliott's 10% stake in Southwest Airlines sets stage for a special meeting, pushing for leadership changes amid stock decline.
Starlink Resists Brazil’s Court Order on X Suspensionby Mark Eisenberg 03.09.2024Starlink refuses Brazil's demand to block X until account freeze ends, amidst ongoing legal disputes.
Gap’s Q2 Earnings Beat Expectations, Early Releaseby Mark Eisenberg 29.08.2024Gap's Q2 earnings report exceeded forecasts, with EPS at $0.54 and revenue at $3.7B, topping estimates before official release.
Big Lots Considers Bankruptcy Amid Sales Declineby Mark Eisenberg 29.08.2024Big Lots' shares plummet 20% as the retailer weighs bankruptcy due to declining sales and plans to close 300+ stores.
Apple Cuts Jobs in Digital Services Amid Shiftby Mark Eisenberg 28.08.2024Apple lays off 100 digital services staff, focuses on AI priorities.
US Rate Cuts Loom as Soft-Landing Hopes Influence Stocksby Mark Eisenberg 26.08.2024Investors focus on economic data as interest rate cuts near, assessing the likelihood of a soft landing for U.S. stocks.
UScellular Leverages Tarana for FWA Expansionby Lilu Anderson 23.08.2024UScellular enhances fixed wireless with Tarana tech, boosting capacity in Missouri using CBRS spectrum.
US Spot Ethereum ETFs Surge with $2B Inflowsby John Darbie 22.08.2024Spot Ethereum ETFs in the US reach $2 billion inflows, nearing historic ETF launch ranks. Bitcoin ETFs still outperform.
Brazil Approves Solana ETF Amid US Uncertaintyby John Darbie 22.08.2024Brazil's SEC approves second Solana ETF; US faces uncertainty. Analysts point to potential changes with political leadership.
Yuan Rises as US Dollar Wavers Before Key Eventby Mark Eisenberg 19.08.2024Yuan gains amid dollar decline ahead of Jackson Hole, despite weak Chinese economy outlook.