Trump Media & Technology will merge with a fusion power company in an all-stock deal that the companies said Thursday is valued at more than $6 billion. Devin Nunes, the Republican congressman who resigned in 2021 to become the CEO of Trump Media, will be co-CEO of the new company…
Outages on Shopify’s e-commerce platform have been resolved, the company said late Monday, bringing to an end a daylong glitch on the annual ‘Cyber Monday’ shopping day. Some merchants that use Shopify’s service to sell goods online said they experienced issues with checkouts through the company’s point-of-sale system. Businesses that…
MILAN — The Prada Group announced Tuesday that it has officially purchased Milan fashion rival Versace in a 1.25 billion euro (nearly $1.4 billion) deal that puts the fashion house known for its sexy silhouettes under the same roof as Prada’s “ugly chic” aesthetic and Miu Miu’s youth-driven appeal. The…
Amazon said Wednesday it was slashing another 16,000 jobs across the company in an ongoing bid to restructure the sprawling trillion-dollar firm. ‘The reductions we are making today will impact approximately 16,000 roles across Amazon, and we’re again working hard to support everyone whose role is impacted,’ Beth Galetti, Amazon’s…
In this video, Mary Ellen spotlights the areas driving market momentum following Taiwan Semiconductor’s record-breaking earnings report. She analyzes continued strength in semiconductors, utilities, industrials, and AI-driven sectors, plus highlights new leadership in robotics and innovation-focused ETFs like ARK. From there, Mary Ellen breaks down weakness in health care and…
The S&P 500 ($SPX) just logged its fifth straight trading box breakout, which means that, of the five trading ranges the index has experienced since the April lows, all have been resolved to the upside. How much longer can this last? That’s been the biggest question since the massive April 9…
Speaking ahead of this week’s gold and silver price correction, Chris Vermeulen, chief market strategist at TheTechnicalTraders.com, said the metals were due for a ‘significant pullback.’ After that, they’ll be positioned for a new leg up. ‘There will be a time definitely to get back into metals, because I think…
Brightstar Resources (BTR:AU) has announced Strategic $180M capital raising funds Goldfields development Download the PDF here. This post appeared first on investingnews.com
Andy Schectman, president of Miles Franklin, weighs in on the factors moving gold and silver, emphasizing that their long-term drivers remain in place. ‘Nothing goes straight up without taking a breather, but you can still coexist. That can coexist with long-term bullishness, and I am hugely long-term bullish,’ he said.…
Matthew Piepenburg, partner at Von Greyerz, breaks down what’s really driving the gold price, going beyond headlines to the ongoing debasement of the US dollar. He also discusses silver market dynamics. Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article. This post…