Democrats’ sweeping midterm victory is the newest surprise for markets that are already working through the fallout from the Iran war and an AI boom
Category: WORLD NEWS
Alphabet opens a €6 billion debt sale; will investors bite?
Alphabet, the parent company of Google, sells €6 billion ($6.7 billion) bonds on Monday, testing investor interest following a recent selloff in tech equities and
Retire in Britain? Lifetime income is now the default.
Under plans published on Tuesday, Britain will make a guaranteed income for life the default retirement choice for private sector workers, sparing millions from having
Apollo bets big in Europe with a €10 billion credit platform.
On Monday, Apollo rolled out a European credit platform worth €10 billion ($11.2 billion), designed to capture growing appetite for private funding as the continent
Marvell buys Lumentum for $115 billion, doubling down on AI.
In a $115 billion all-stock deal that includes debt, Marvell Technology is acquiring optical components manufacturer Lumentum. The bespoke chipmaker is competing with larger rival
Nasdaq faces a $2 trillion hit this October as AI doubts grow.
Big Tech earnings have sharpened investor doubts over whether heavy AI spending will pay off fast enough, and the tech-focused Nasdaq 100 is on track
Binance. $6.3 billion. Biggest heist ever.
The largest cryptocurrency exchange in the world, Binance, lost $6.3 billion to hackers in a historic theft that analysts blamed on North Korea and warned
DoorDash to acquire Instacart in a $17 billion grocery-grab deal.
DoorDash has proposed a $17 billion acquisition of Instacart, a deal that would significantly concentrate the grocery delivery market and strengthen DoorDash’s position in that
ECB President Christine Lagarde quits 9 months early. Big blow.
Nine months before her term ends, European Central Bank President Christine Lagarde will step down. This will allow European leaders to select a replacement before
Chipmaker SK Hynix cashes in big, then hands shareholders $75 billion.
South Korea’s SK Hynix announced on Wednesday that it will return almost $75 billion to shareholders this year. The company reported a more than seven-fold
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