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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…
Stock

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…
Stock

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…
Stock

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…
Stock

Abu Dhabi’s Mubadala boosts Bitcoin ETF stake to $408.5M despite Q1 slump

Abu Dhabi’s sovereign wealth fund, Mubadala Investment Company, has increased its exposure to Bitcoin via BlackRock’s iShares Bitcoin Trust (IBIT), reaffirming institutional…
Stock

Estee Lauder stock price analysis: rebound can’t be ruled out

Estee Lauder stock price has been left behind in the past few years as the once-popular brand goes through its deepest slump…
Stock

Asian markets close: Nikkei flat as Japan’s GDP contracts; Sensex dips 200 pts

Indian benchmark equity indices concluded Friday’s trading session in negative territory, pulling back from a seven-month high achieved in the previous session….
Stock

Rich List 2025: UK billionaires decline for first time in years amid market turmoil

The number of billionaires in the United Kingdom has fallen for the first time in years, as global market turbulence and changes…
Stock

Novo Nordisk CEO to step down as obesity drug competition intensifies

Novo Nordisk said on Friday that Chief Executive Officer Lars Fruergaard Jørgensen will step down, a decision made jointly with the board…
Stock

SoFi stock price technical analysis points to a 30% surge

SoFi stock price has rallied in the past few weeks, mirroring the performance of other American equities. After bottoming at $8.62 in…
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