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Carvana: dubious debt deal delays default
Carvana Co. ( CVNA , Financial) has been struggling with debt for years, thanks to its aggressive growth strategy that relied heavily on loans to fuel...
July 21, 2023, 5:03 pm
Buying gold bars and coins: mistakes to avoid
One of the biggest mistakes people make when buying gold is buying from unreliable sources. There are many dubious...
July 21, 2023, 4:29 pm
Congress probes ford's big battery deal with china's catl
In a public letter addressed to Ford boss Jim Farley, House Republicans Mike Gallagher and Jason Smith announced that two congressional committees are...
July 21, 2023, 4:10 pm
Meta materials exposes the dangers of meme stock investing
Would you invest in a company that made it clear that every dollar you invest with them might never be seen again? Ordinarily, that would seem like a ...
July 21, 2023, 3:59 pm
Why lemonade stock soared 25% this week
Lemonade stock popped in an apparent short squeeze this week. Because Lemonade owns auto insurance company Metromile, the move may have been partially...
July 21, 2023, 3:12 pm
Why carvana stock soared this week
Carvana popped this week after reporting better-than-expected Q2 results and a favorable deal with note...
July 21, 2023, 2:31 pm
Canada: auto sales drive retail sales growth in may, but momentum is fading
Retail sales rose 0.2% month-on-month (m/m) in May, weaker than the Statistics Canada’s advanced estimate of 0.5%. April’s print was revised down ...
July 21, 2023, 1:41 pm
Lawmakers seek review on ford partnership with chinese battery supplier
U.S. lawmakers are seeking to review a licensing deal between Ford and China-based CATL involving a pla...
July 21, 2023, 12:57 pm
Weekly market recap (17-21 july)
Monday:New Zealand Services PMI came at 50.1 vs. 53.3 prior. The PBoC left the MLF rate unchanged at 2.65% as expected. ECB’s Vasle (hawk – non vo...
July 21, 2023, 12:42 pm
With microsoft's activision blizzard merger cleared, is electronic arts stock a buy?
Microsoft's deal with Activision Blizzard is closer to completion after a U.S. federal judge ruled in f...
July 21, 2023, 12:15 pm
Be cautious about sirius xm's rally
Imagine you have bought shares of Sirius XM Holdings Inc. ( SIRI , Financial) at the closing price of $5.49 on July 19, and then one day later you see...
July 21, 2023, 11:43 am
Goldman sachs is a mess. why it's time to buy the stock.
With markets rallying and the Federal Trade Commission unable to stop deal-making in court, a rebound i...
July 21, 2023, 11:41 am
Trump-linked spac stock soars 30% after striking fraud charges deal
The stock of Digital World Acquisition Corp.—a special purpose acquisition company that had plans to merge with the company behind former President ...
July 21, 2023, 11:19 am
Generali's tua assicurazioni draws foreign bid interest
A number of international groups are in the running to buy TUA Assicurazioni from Generali , sources with knowledge of the matter said, as Italy's top...
July 21, 2023, 10:03 am
Carvana's stock catches another downgrade as questions linger — despite recent momentum
Even though Carvana Co. “overachieved on nearly every metric” in its latest quarter and announced a much-cheered debt...
July 21, 2023, 8:52 am
Global food crisis could keep ag commodities afloat
One of the key movers in agricultural commodities prices is the Black Sea Grain deal, which Russia is t...
July 21, 2023, 8:45 am
Trump-linked spac surges as fraud settlement lifts hopes for deal completion
Shares of Digital World Acquisition (DWAC) surged 20% in premarket trading on Friday as a settlement with U.S. securities regulator over fraud charges...
July 21, 2023, 8:32 am
One of europe's biggest food delivery firms doubles down on middle east with $300 million saudi deal
Delivery Hero, the German online food delivery company, said Friday it is taking full ownership of its Saudi subsidiary....
July 21, 2023, 8:04 am
Extra space storage ceo on life storage merger: significant synergies we can unlock from this deal
Joseph Margolis, Extra Space Storage CEO, joins 'Squawk Box' to discuss the company's acquisition of Life Storage in a $12 billion all-stock transacti...
July 21, 2023, 7:57 am
Duke energy (duk) signs 199mw solar power deal in indiana
Duke Energy's (DUK) recent solar purchase agreement with Ranger Power will provide low-cost, reliable and clean energy to its Indiana customers....
July 21, 2023, 7:42 am