By Svea Herbst-Bayliss NEW YORK, June 30 (Reuters) – Activist investor Jana Partners has built a new position in technology company Everpure and is expected to soon announce the holding in a regulatory filing, according to two sources and documents reviewed by Reuters. The hedge fund began building its position in the first quarter of…
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Apple Inc.’s reported effort to secure access to memory chips from a Chinese supplier reflects mounting concerns over future chip availability rather than a search for lower costs, according to analyst Ming-Chi Kuo. AI Data Centers Are Reshaping…
Something wild just happened at Fiserv (FISV)… and it requires your attention. With a market cap of $25.5 billion, FISV operates through two segments: Merchant Solutions and Financial Solutions. That means they offer services from fintech solutions, such as account processing, digital commerce, fraud prevention, and payments, to financial institutions and merchants. But enough about…
A coalition of over 140 companies, including Blackrock, Coinbase, Mastercard, Stripe, and Visa, have joined Open USD (OUSD), a new stablecoin effort governed by an independent entity called Open Standard that will distribute its revenues to its member partners. What’s the Scoop? The pitch: Once live, Open USD will let businesses mint and redeem the…
Coinbase, Visa, Mastercard, Stripe, BlackRock, and more than 140 other companies have banded together to launch a new stablecoin called Open USD (OUSD), in a bid to create shared digital payments infrastructure that no single firm controls. The news appears to have rocked the stock price of USDC stablecoin issuer Circle (CRCL), with shares falling…
John D. Staszak, CFA Securities Analyst: Consumer Discretionary & Consumer Staples John’s specialty at Argus includes the gaming, lodging and restaurant groups within the Consumer Discretionary sector. John earned an MBA from the University of Texas and a BA in Economics from the University of Pennsylvania. In the financial services industry, he has worked as…
Summary The major indices are higher at midday on Tuesday. At the end of the trading day, we’ll tally results for the month, quarter, and first half of the year. Time flies. Onward to July and the second half of the trading year. Crude oil is at $71 per barrel
By Scott DiSavino June 30 (Reuters) – Oil prices were little changed on Tuesday but were headed for their biggest monthly and quarterly losses since the COVID-19 pandemic in early 2020, with investors eyeing potential U.S.-Iran talks in Doha amid a strained interim ceasefire in the four-month-long war. Brent futures fell 13 cents, or 0.2%,…
Strategy’s (NASDAQ: $MSTR) stock is headed for its eleventh consecutive month of losses as the price of Bitcoin (CRYPTO: $BTC) continues to decline. Heading into June 30, Strategy’s stock is down 44% on the month, its worst performance since 2022. In the last 12 months, MSTR stock has fallen 79% to trade at $84.32 U.S….
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Elon Musk was thinking about rockets. Justine Musk was thinking about whether her parents’ basement had room for five kids. In her 2017 TEDxUIUC talk, “Visionaries Are People Who Can See in the Dark,” Elon’s first wife recalled…
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