Bullish positioning in US equities has been 'getting more extended' – Citi According to the latest Citi Equity Markets Positioning Model note, the early focus on US elections, sparked by the presidential debate, has not curbed the risk appetite and bullish positioning...
End of Redstone era as Paramount, Skydance Media agree to merge. (Reuters) -Skydance Media and Paramount Global have agreed to a merger, the companies announced late on Sunday, marking the end of an era for the Redstone media empire which was launched as a chain of...
Epic Games says Apple stalling launch of its game store in Europe. (Reuters) -“Fortnite” maker Epic Games said on Friday Apple (NASDAQ: AAPL) was impeding its attempts to set up a games store on iPhones and iPads in Europe, the latest escalation in a...
First Foundation plunges as 'unexpected' fundraise puts real estate loans in focus. (Reuters) -First Foundation shares slumped 30% in premarket trading on Wednesday after the Texas-based lender with a huge portfolio of multifamily real estate loans disclosed a $228...
Polestar posts loss, plans steps to offset tariffs on China-made EVs. STOCKHOLM (Reuters) – Electric vehicle (EV) maker Polestar (NASDAQ: PSNY) said it will have to take steps to offset hefty EU and U.S. import tariffs on its Chinese-made electric cars as it...
Spirit shares rise as Boeing agrees to buy supplier for $4.7 bln in all stock deal. Investing.com– Boeing Co (NYSE:BA) has reached an agreement to reacquire Spirit AeroSystems Holdings Inc (NYSE: SPR) for over $4 billion, ending months of speculation over the...