Paramount Global (NASDAQ:PARA) shares are trading higher after the company inked a definitive merger deal with Skydance Media to form “New Paramount” at an enterprise value of about $28 billion. The merger offer represents a 48% premium over the price of…
Former House Speaker Nancy Pelosi (D-Calif.) disclosed in a filing with Congress last week that she sold 2,500 Tesla, Inc. (NASDAQ:TSLA) shares on June 24 and the value of the transaction was indicated as $250,001-$500,000. Pelosi, whose trades invariably come…
Bank of America Corp (NYSE:BAC) stock hit a new 52-week high of $40.96 on Tuesday, continuing its impressive run. The firm’s stock is up 40.17% over the past year and 21.56% year-to-date. It has outpaced both the S&P 500 and…
Eli Lilly and Company (NYSE:LLY) has hit a new 52-week high, climbing to $915.54 during Friday trading. The stock is up a remarkable 97.38% over the past year and 55.32% year-to-date, fueled by groundbreaking collaborations and bullish technical indicators. Eli…
The long-awaited arrival of spot Ethereum exchange-traded products (ETPs) could trigger a significant inflow of capital, according to Matt Hougan, Chief Investment Officer at Bitwise Asset Management. What Happened: In a blog, Hougan argues that spot Ethereum ETPs are likely…
Trump Media & Technology Group Corp (NASDAQ:DJT), the operator of the Truth Social platform, is trading higher on Monday. Last week the company announced it expects to receive over $69.4 million from the cash exercise of warrants on June 20…
Prominent crypto analyst Ted outlined why to key economic indicators and central bank actions could prompt significant price movements for Bitcoin (CRYPTO: BTC) in the upcoming week. What Happened: Ted points out that recent consumer and producer price inflation data…
The market could pause in the final trading session of the week following its record run, facilitated by tamer-than-expected inflation data. The major index futures were moderately lower in early trading. Adobe Inc. (NYSE:ADBE) will likely come to the aid…
Crypto analyst Stockmoney Lizards highlighted five critical trends in the current altcoin cycle, offering insights into how investors can navigate an increasingly crowded market. What Happened: The analyst acknowledges the overwhelming number of altcoins flooding the market, adding that the…
Despite Dogecoin's (CRYPTO: DOGE) 10% week-over-week drop, a prominent crypto trader sees a bullish chart pattern forebode stronger price performance. What Happened: Crypto trader Kevin shared his optimistic perspective on Dogecoin, highlighting the meme coin's resilience compared to other altcoins…
