Nasdaq-EEX Deal Hits Snag: Reportedly Risks Full-Scale Investigation By EU Antitrust Regulators
EU may investigate Nasdaq and EEX deal unless Deutsche Boerse improves competition measures. Nasdaq Power acquisition aims to serve Nordics.
Why Is Boeing Stock Soaring On Monday?
Boeing shares rise as executives likely avoid criminal charges over 2018-2019 crashes, according to a U.S. Justice Department report. Despite violating a deferred prosecution agreement, Boeing has until June 13 to respond to findings. The Department will decide on further actions by July 7, which could include extending the agreement, a new DPA, or a non-prosecution deal.
What’s Going On With Chinese EV Stocks Nio, XPeng, Li Auto Monday?
Chinese EV stocks NIO, XPEV, and LI saw strong May delivery numbers, with NIO reporting a 234% increase in sales. Discounts and potential tariffs impact profits.
Jim Cramer Sounds Alarm Bell, Advises Investors To Take Profits As GameStop, AMC Shares Soar: ‘There’s Nothing There’
Jim Cramer suggested that those piling into the meme names to try to catch a piece of the rally are likely going to get burned.
Johnson & Johnson At ASCO Highlights Long Term Data From Multiple Myeloma Drug, Shows Sustained Deep, Durable Responses In Pretreated Patients
JNJ announced positive longer-term data from Phase 1/2 study of Tecvayli for RRMM. Results show deep and durable responses with a consistent safety profile.
Blackstone Weighs Sale Of Japanese Pharma Firm Alinamin: Report
Blackstone reportedly considers sale of Japanese consumer healthcare firm Alinamin Pharmaceutical (previously owned by Takeda) for $1.9B, attracting interest from other firms.
Spotify Turns Up The Volume On Pricing, Premium Plans See A Hike
Spotify shares surge as the company hiked U.S. premium plan prices. Subscribers will be informed via email about the changes: individual plans rising to $11.99 from $10.99, duo plans to $16.99 from $14.99, and family plans to $19.99 from $16.99. This move aims to boost profit margins amidst competition from Apple and Amazon, focusing on premium services that drive most of Spotify's revenue.
Zantac Heart Burn Continues For GSK As US Court Ruling Allows Thousands Of Zantac Lawsuits To Move Forward
GSK shares fell as the Delaware State Court allowed over 70,000 lawsuits regarding the discontinued heartburn drug Zantac (ranitidine) to proceed. This ruling contradicts a Federal Court's 2022 decision dismissing similar cases, potentially increasing GSK's liability.
What’s Going On With Taiwan Semiconductor Stock On Monday?
TSMC CEO C.C. Wei succeeds Mark Liu as chairman, overseeing significant growth and challenges. Company expands to maintain lead in chip industry.
What’s Going On With Super Micro Computer Stock On Monday?
Super Micro Computer, Inc. collaborates with Foxconn, KDDI, Sharp, and Datasection to build a large-scale AI data center in Japan powered by Nvidia's chips.