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2023-06-29 20:55:23 ET A judge will now decide if the Federal Trade Commission can block Microsoft's ( NASDAQ: MSFT ) $69 billion acquisition of Activision ( NASDAQ: ATVI ) after a five-day trial concluded. Lawyers for the FTC and Microsoft ( MSFT ) gave their closin...
2023-06-29 09:37:07 ET Summary The Navitas stock is trading near its all-time high, benefitting from investors' optimism over its growth prospects, alongside the incremental boost from AI momentum across the broader semiconductor peer group. The stock now trades at about 21x estim...
2023-06-29 06:58:00 ET U.S. film production houses fear a looming shutdown as actors are preparing to join writers in a double strike this weekend. Along with writers who have been on strike for almost nine weeks now, actors are demanding higher pay to counter inflation and secure their...
2023-06-28 08:00:00 ET Apple 's (NASDAQ: AAPL) new VR headset has impressive graphics, but that's the work of Sony (NYSE: SONY) , the electronics giant. And as a key constraint on the device's supply, it's Sony that may be a big beneficiary of Apple's VR growth. Travis Hoium...
2023-06-23 06:36:07 ET Summary Microsoft faces off against the FTC in court over its planned $69 billion acquisition of Activision, with the trial scheduled to last five days. Ford is reportedly planning more layoffs in the coming weeks to reduce costs and streamline operations, m...
2023-06-22 09:40:06 ET Microsoft ( NASDAQ: MSFT ) will face off against the Federal Trade Commission in a San Francisco court on Thursday as the regulator tries to block the $69 billion planned acquisition of Activision ( NASDAQ: ATVI ). Thursday marks the first day of a...
2023-06-21 08:20:23 ET Amazon ( NASDAQ: AMZN ) said it will run its annual Prime Day event on July 11-12 this year with new deals scheduled to drop every 30 minutes over a 45-hour period. The e-commerce giant mentioned deals will be offered on products from Lancôme, K...
2023-06-20 20:45:00 ET Summary Cytek Biosciences is a leader in full spectrum flow cytometry (FSFC), with innovative and cost-effective instruments used in various industries. The company's focus on customer-centric solutions and high-margin reagent business make it an attractive ...
2023-06-20 10:00:00 ET Summary Microsoft Corporation is trying to buy Activision Blizzard, Inc. for $95 per share. The likelihood and timing of a potential deal are mispriced. Here’s one way to potentially profit in the weeks ahead. The FTC’...
2023-06-15 07:06:48 ET Summary Federal Reserve holds interest rate steady in June, skipping a hike. Music publishers sue Twitter over alleged copyright infringement. TrueCar rallies after announcing major restructuring, CEO change. Listen on the go! Subscribe to Wa...
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2024-07-24 16:52:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
2024-07-02 09:56:00 ET Technology giant %SonyGroup (NYSE: $SONY) is relaunching %Cryptocurrency exchange %Whalefin , which it purchased from digital lender Amber Group in 2023. Financial terms of the deal for Sony to acquire Whalefin last year were not made public. Sony ...