News

Private Equity groups closed $42 billion worth of deals by selling their portfolio companies to their own funds, a 55% increase compared to 2020, according to FT. The deals’ worth is...

US FDA approved the use of a Covid-19 pill from Pfizer Inc., the first drug that treats newly infected patients, according to a report by WSJ on Wednesday. The approval...

Tesla Inc. Chief Executive Officer Elon Musk revealed he has already unloaded enough of his holdings in the company to achieve his goal of selling 10% of his shares, Reuters...

Cathie Wood’s ARK Invest added 23,414 shares of Coinbase Global Inc. on Tuesday and further 181,717 shares of Robinhood Markets Inc.  The ARK Invest letter shows that Wood also added...

American computer memory and data storage producer Micron Technology Inc. nearly tripled its net income in the first quarter from the same period last year, the company announced in a...

Billings of semiconductor equipment manufacturers in North America climbed for the third straight month to reach a new record in November, according to the latest Equipment Market Data Subscription Billings...

(Fannie Mae) US Home sales are expected to have increased by 7.1% by the end of the year, but limited listings and affordability concerns due to rising mortgage rates will...

Popular businessman Elon Musk is set to pay $11 billion in taxes this year to mark one of the highest in US history, CNBC reported. Tesla Chief Executive Officer Elon...

Alphabet’s YouTube announced it has reached an agreement with Walt Disney to distribute all Disney-owned channels on its platform, according to a report by CNBC on Sunday. In a tweet,...

Hedge fund veteran Ray Dalio has described crypto as impressive as he disclosed he holds ether and bitcoin, according to a report by Business Insider on Friday. The billionaire investor...

Private equity firm Thoma Bravo plans to acquire Bottomline Technologies in an all-cash deal worth around $2.8 billion, according to a press release by Bottomline on Friday. Under the terms...

The SEC issued proposals including measures to fix the money-market funds and curb insider trading, according to a report by The Wall Street Journal on Wednesday. The proposals signal that...