Infinera’s stock rockets 18% after $2.3 billion purchase by Nokia
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MarketWatch - Business
Infinera’s stock rockets 18% after $2.3 billion purchase by Nokia
Shares of Infinera Corp. rally after hours Thursday after a $2.3 billion deal with Finnish telecom giant Nokia Corp. -
The Wall Street Journal - Business
Nokia to Buy Infinera for $2.3 Billion to Boost Optical-Networks Arm
The deal, which is valued at $6.65 a share, is a 28% premium from Infinera’s stock price at the close of trading on Wednesday. -
The Wall Street Journal - Business
Nokia to Buy Infinera for $2.3 Billion to Boost Optical-Networks Arm
The deal, which is valued at $6.65 a share, is a 28% premium from Infinera’s stock price at the close of trading on Wednesday. -
ABC News - Top stories
Boeing announces purchase of Spirit AeroSystems for $4.7 billion in stock
Boeing announces purchase of Spirit AeroSystems for $4.7 billion in stock -
BBC News - Top stories
China rocket crashes after 'accidental' launch
Footage shows the Tianlong-3 rocket falling back to Earth and exploding in a hillside in central China.China -
MarketWatch - Business
Warren Buffett to donate $5.3 billion worth of Berkshire Hathaway stock to charity
The gifts stem from a schedule for annual grants that Buffett drew up in 2006. -
MarketWatch - Business
GameStop’s $2.1 billion stock sale taxes its shareholders and hurts the economy
Foolish traders are indirectly funding GameStop’s balance sheet. -
ABC News - Top stories
Truck driver dead after 18-wheeler crashes into home
An 18-wheel truck crashed into two vehicles and an unoccupied house in Mission, Texas, investigators said. -
ABC News - World
18 inmates flee a prison after overpowering guard in Pakistan-administered Kashmir
Pakistani police say eighteen inmates, including some on death row, have escaped from a prison in the disputed Himalayan region of Kashmir after overpowering a guard -
ESPN - Sports
Davis wins Rocket Mortgage after Bhatia 3-putt
Cam Davis won the Rocket Mortgage Classic for the second time, closing with a 2-under 70 on Sunday that gave him a one-shot victory when Akshay Bhatia three-putted from 32 feet on the final hole.Mortgage -
The Guardian - World
Chinese space rocket crashes in flames after accidental launch
Company Space Pioneer says first stage of its Tianlong-3 launched during test after ‘structural failure’ and crashed in hills near city of Gongyi. The space rocket of a Chinese private company crashed and exploded into flames near a city on ... -
The New York Times - World
Chinese Rocket Crashes After Accidentally Launching During Test
The commercial company Space Pioneer said the accident occurred because of a structural failure in the connection between the rocket and its testing platform.China -
NBC News - Top stories
Chinese space rocket crashes in fiery explosion after launching accidentally
A Chinese aerospace company said the first stage of a rocket under development had detached from its launch pad and landed in a hilly area in central China.China -
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BBC News - Top stories
Israel orders Palestinians to leave southern Gaza area after rocket fire
People have been fleeing in darkness after being told to leave areas east of Khan Younis.Israel -
MarketWatch - Business
French stocks rally after first round of elections
French stocks surged on Monday after the first round of parliamentary elections was interpreted to mean the far-right National Rally party was unlikely to form a majority.France -
The Wall Street Journal - World
A Real-Estate Fund Industry Is Bleeding Billions After Starwood Capped Withdrawals
Redemptions industrywide from real-estate funds are expected to hit $16.5 billion this year while new fundraising dwindles to $5.7 billion. -
CBS Sports - Sports
2024 Rocket Mortgage Classic scores, takeaways: Akshay Bhatia leads, Rickie Fowler lurks after Round 1
The top of the leaderboard at Detroit Golf Club features some interesting names after the action on Thursday -
CBS Sports - Sports
2024 Rocket Mortgage Classic scores, takeaways: Akshay Bhatia, Aaron Rai share lead after Round 2
Bhatia, the 18-hole leader, was joined by Rai late on Friday as the two top a crowded leaderboard in Detroit -
ABC News - Sports
Cam Davis wins Rocket Mortgage Classic for 2nd time after Akshay Bhatia 3-putts 18th hole
Cam Davis won the Rocket Mortgage Classic for the second time, closing with a 2-under 70 that gave him a one-shot victory when Akshay Bhatia three-putted from 32 feet on the final hole -
CNBC - Business
Medicare-related stocks rise after poor Biden debate performance
A select handful of health insurance names popped on Friday following the first debate between President Joe Biden and former President Donald Trump.Joe Biden -
The Wall Street Journal - World
'Roaring Kitty' Discloses 6.6% Stake in Chewy
Keith Gill’s stake was disclosed days after he posted an image of a dog on his X account. -
MarketWatch - Business
Nio’s stock, other EV makers rally after upbeat delivery data
Nio’s stock bounced Monday, as the China-based electric-vehicle maker and its peers reported upbeat EV-delivery data for June and the second quarter. -
MarketWatch - Business
Teva’s stock falls after report FTC has opened probe of patents
The FTC has been clamping down on what it deems to be “junk” patent listings for some time and in April it said it was challenging hundreds of them. -
MarketWatch - Business
After a roaring first half, stocks are stretched — but the rally isn’t over yet
Earnings season is coming — here’s what you need to know. -
MarketWatch - Business
Why CrowdStrike’s stock just got downgraded after a monster rally
CrowdStrike’s enterprise-value-to-sales ratio is the highest among large software stocks that Piper Sandler tracks. -
CNBC - Business
10 things to watch in the stock market Tuesday after the Nasdaq's record close
Wall Street is headed for a lower open Tuesday after starting the second half of 2024 on a high note. -
MarketWatch - Business
Tesla’s stock jumps as deliveries beat expectations by a wide margin
Tesla’s stock reversed sharply higher toward a near six-month high Tuesday, after the electric-vehicle giant surprised investors by reporting second-quarter deliveries that beat expectations. -
MarketWatch - Business
Rivian’s stock rallies after EV deliveries beat by wide margin
Rivian’s stock rallied Tuesday, after the electric-vehicle maker reported quarterly deliveries data that beat expectations by a record margin. -
CBS Sports - Sports
Celtics sale: Owner Wyc Grousbeck planning to sell after 2024 NBA title, team valued at nearly $5 billion
The Celtics, valued at $4.7 billion last year, just won their 18th championshipNBA -
The Wall Street Journal - World
Appeals Court Reinstates $10 Billion Bank Lawsuit After WSJ Investigation Into Conflicts
The suit against Bank of America and nine other banks should never have been heard by the judge because his wife owned as much as $15,000 in Bank of America stock when he was assigned the case, the court said. -
The Hill - Politics
More than 5 million guns purchased in first 4 months of 2024
The data follows the U.S. Surgeon General Vivek Murthy declaring firearm violence a public health crisis. -
VentureBeat - Tech
Users can now purchase e.l.f. Cosmetics products through Roblox
Aspiring beauty gurus can now purchase a selection of physical e.l.f. Cosmetics products through its Roblox experience, powered by Walmart. -
CBS Sports - Sports
Suns set to have NBA's first half-billion-dollar payroll in 2026 after re-signing Royce O'Neale, per report
Phoenix is projected to pay roughly $526 million for its roster during the 2025-26 seasonNBA -
CNBC - Business
Chewy stock pops 34% after Roaring Kitty posts a dog picture, then gives it all back
Shares of the online pet food retailer saw a big roundtrip after Roaring Kitty posted a picture on social media platform X resembling its logo. -
The Wall Street Journal - World
S&P 500 Edges Lower After Biden-Trump Debate, PCE Data
The S&P 500 drifted lower, but still traded near its record as markets are poised to close out a monster first half of the year.Joe Biden -
MarketWatch - Business
5 stock-market takeaways as Biden sees ‘incredible pressure’ to step aside after debate
President Joe Biden will face “incredible pressure to step aside” following his shaky debate performance against Donald Trump Thursday night, though the decision will ultimately be his alone, said Isaac Boltansky, director of policy research at ...Joe Biden -
MarketWatch - Business
Chewy’s stock slides one day after Roaring Kitty’s cryptic dog post
Shares of Chewy Inc. are down 9.7% Friday after spiking Thursday in the wake of a cryptic post from influential trader Keith Gill, also known as Roaring Kitty. -
MarketWatch - Business
Nike’s stock sees biggest drop ever as some analysts question company’s leadership after downbeat forecast
As Nike shares ended Friday with their biggest drop ever following the sneaker maker’s pessimistic outlook a day earlier, Wall Street analysts were retrenching — with some even questioning the company’s management. -
MarketWatch - Business
Walgreens Boots Alliance’s stock headed for 27-year low after profit miss and lowered guidance
Walgreens Boots Alliance Inc.’s stock fell 25% Thursday, after the drugstore chain’s fiscal third-quarter profit fell short of estimates and it again lowered guidance to reflect a stressed consumer following a period of high inflation.