U.S. Silica Holdings has agreed to be taken private by Apollo Global Management in a deal that gives the industrial minerals company an enterprise value of roughly $1.85 billion.
Formerly disgraced FTX CEO and Co-Founder Sam Bankman-Fried was convicted in November of wire fraud, money laundering and conspiracy, and sentenced to 25 years in prison. His high-profile trial marked a significant chapter in the unraveling of FTX, which collapsed under suspicious financial practices, leading to intense scrutiny and legal action. For the first time since his incarceration, Bankman-Fried described his daily life in a detailed interview with journalist William D. Cohan of Puck. Do
Nvidia is spreading some of its recently amassed wealth by investing in smaller AI companies.
Visa on Wednesday announced major changes to how credit and debit cards will operate in the U.S. in the coming months and years. The new features could mean Americans will be carrying fewer physical cards in their wallets, and will make the 16-digit credit or debit card number printed on every card increasingly irrelevant. “I think (with these features) we’re getting past the point where consumers may never need to manually enter an account number ever again,” said Mark Nelsen, Visa’s global head of consumer payments, in an interview.
The Church of Jesus Christ of Latter-day Saints added exposure to mega-cap tech stocks during the first quarter and Eli Lilly became a top 10 holding.
High-net-worth individuals, those with net worths of $1 million or more and liquid assets, take different approaches to finance than others.
Nvidia stock could see as much as a 20% decline by the end of the year, a DA Davidson analyst previously predicted.
Super Micro Computer reported revenue growth of 200% in its latest quarter.
The S&P 500 has breached Goldman's year-end target of 5,200. The bank's aren't showing much more upside from here on out, David Kostin said.
Investors need to pay close attention to Intel (INTC) stock based on the movements in the options market lately.
This is what could happen next to Alibaba shares.