Equities Archives - Page 195 of 1061

2 minute read

International Paper Acquires Packaging Firm DS Smith; Eyes Secondary Listing On London Stock Exchange

April 16, 6:31 AM

International Paper secures a $9.9 billion deal to acquire DS Smith Plc, forming a powerhouse in sustainable packaging. The arrangement, valued at 415 pence per DS Smith share, will see IP issuing 0.1285 shares for each DS Smith share, resulting in 66.3% ownership for IP shareholders and 33.7% for DS Smith shareholders.

DITHF

2 minute read

Peter Schiff Challenges Bitcoin’s $100K Prediction As Crypto-Linked Stocks Languish In Bear Zone: ‘Sell Your Fool’s Gold And Buy The Real Thing’

By Shanthi Rexaline

April 16, 6:05 AM

Bitcoin (CRYPTO: BTC), although recovering from Saturday’s lows, settled in the red on Monday, as it pulled back below the $63,500 mark.

BITF

2 minute read

Why Ericsson Shares Are Higher Premarket Tuesday

By Lekha Gupta

April 16, 6:00 AM

Ericsson reports Q1 FY24 results with sales declining 15% Y/Y. Gross margin improves, EPS beats consensus. Outlook remains cautious.

ERIC

1 minute read

Traders’ Doubt Loom Over Tapestry-Capri Deal Amid Regulatory Scrutiny: Report

By Shivani Kumaresan

April 16, 5:44 AM

Doubts cloud Tapestry Inc's (NYSE:TPR) $8.5 billion merger with Capri Holdings Ltd (NYSE:CPRI), as traders question antitrust approval despite CEO's optimism. Luxury giants Coach, Kate Spade, and Michael Kors are at stake in the deal, attracting regulatory scrutiny. Capri's stock drop of 11% signals market skepticism, contrasting Tapestry's $57-per-share bid.

CPRI

1 minute read

Will Tesla Break Below $160 For 1st Time In About A Year? Why EV Maker’s Stock Is Sliding Premarket Today

By Shanthi Rexaline

April 16, 5:23 AM

Confirmation of a significant layoff, including high-profile and longtime executives, eroded roughly $30 billion from Tesla's market capitalization on Monday.

TSLA

1 minute read

Cathie Wood’s Ark Invest Continues To Shed Coinbase, Nvidia Shares

By Benzinga Neuro

April 15, 11:44 PM

On Monday, Cathie Wood-led Ark Invest made significant trades involving Coinbase Global Inc. (NASDAQ:COIN) and NVIDIA Corp. (NASDAQ:NVDA). The COIN Trade

ARKG

2 minute read

Morgan Stanley Identifies Top ‘Alpha’ Stocks In APAC, One With Potential 28% Upside

By Benzinga Neuro

April 15, 11:12 PM

The global investment bank Morgan Stanley has recently released a list of top "alpha" stocks in the Asia-Pacific region, which includes a South Korean bank with a potential 28% upside.

BABA

2 minute read

Trump Media & Technology, Rivian, Goldman Sachs, Salesforce, Tesla: Why These 5 Stocks Are On Investors’ Radars Today

By Benzinga Neuro

April 15, 11:07 PM

On Monday, the leading U.S. stock indices experienced declines, as the Dow Jones Industrial Average concluded the day 0.65% below at 37,735.11

CRM

3 minute read

‘Not Good’ For Tesla If It’s True, Says Fund Manager, As New Report Says EV Maker Has Put Sub-$30K Vehicle On Hold

By Shanthi Rexaline

April 15, 10:45 PM

Tesla's strategic direction hasn't been received well by investors and the stock is on extended downtrend now.

TSLA

3 minute read

‘The Street Wants and Needs Answers’ From Elon Musk On Tesla Layoffs — Dan Ives Demands ‘Rationale For The Cost Cutting’

By Benzinga Neuro

April 15, 10:09 PM

Elon Musk, CEO of Tesla, is being called upon to clarify the circumstances surrounding the recent layoffs at the company. The move comes in the wake of a challenging period for the electric vehicle giant, with investors seeking reassurances.

TSLA