Cathie Wood Buys SpaceX and Circle While Dumping $96M of Roblox Stock
By Trader Edge
TLDR Ark Invest bought nearly $37M worth of SpaceX shares after its post-earnings dip, making it the biggest buy of the week Circle Internet Group was the largest crypto purchase, with Ark adding around $39M in shares across multiple funds Ark added to Coinbase, CoreWeave, Cerebras Systems...
Burry Dumps Berkshire: “I Do Not Find It an Attractive Investment” After Buffett Exit
By Trader Edge
TLDR Michael Burry publicly stated he no longer finds Berkshire Hathaway an attractive investment Burry’s concern is that new CEO Greg Abel lacks Warren Buffett’s patience for the right “fat pitch” Abel has started deploying cash, including $4.5B in share buybacks in Q2 2026 Berkshire ended Q2 with $365.5B in cash...
Is AST SpaceMobile (ASTS) Stock a Buy Ahead of Earnings Today?
By Trader Edge
TLDR AST SpaceMobile reports Q2 2026 earnings after market close today Wall Street expects an adjusted loss of ~28-32 cents per share on revenue of ~$34.4-35M ASTS stock is down 2.86% today and off 2.42% year-to-date, though up 56.66% over the past 12 months BlueBird satellites 11...
eBay Stock Drops 4% As GameStop Eyes Joint Venture Over Takeover
By Trader Edge
TLDR eBay stock dropped more than 4% to around $107 per share on Monday after reports GameStop may withdraw its $56 billion acquisition offer. GameStop CEO Ryan Cohen is considering a partnership or joint venture with eBay instead of a full takeover. A potential deal structure would let eBay use GameStop’s roughly 1,600 U.S...
Virgin Galactic (SPCE) Is Up 18% in 7 Days. Can Earnings Keep the Run Going?
By Trader Edge
TLDR SPCE stock is trading near $3.10, with options pricing in a 14.84% move after its August 12 earnings report. The implied move range runs from roughly $2.64 to $3.56. Over the past four quarters, SPCE has averaged an 8.7% one-day post-earnings move, well below the current implied move...

Posts published in “Business”

Ron DeSantis says more Ukraine aid not in US ‘vital national interests’

By Samatha Pecora on March 15, 2023

Florida governor’s break with congressional Republicans over support for Kyiv underscores growing rift within party...

Banks are designed to fail — and they do

By Becki Fleishman on March 15, 2023

This is a system that is essential to the functioning of the market economy but doesn’t operate by its rules...

Live news: Russian fighter jet strikes US drone over Black Sea

By Elroy Menjivar on March 15, 2023

Live news: Russian fighter jet strikes US drone over Black Sea

Buyout titans weigh purchases from SVB loan book

By Tomi Schroeder on March 15, 2023

Apollo, Blackstone and KKR among private capital groups eyeing $74bn portfolio...

First Republic and other US regional banks tumble over fears of deposit flight

By Zonia Guillemette on March 13, 2023

Biden pledges to do ‘whatever is needed’ in effort to reassure Americans their money is safe...

US and European bank stocks tumble as investors fret over SVB fallout

By Stephania Serna on March 13, 2023

Two-year US Treasury yields in biggest single-day drop since 1987...

VW picks Canada for battery plant after being lured by US green incentives

By Tyisha Mcnaught on March 13, 2023

Washington’s subsidy rules benefit northern neighbour as German carmaker puts European plant on hold...

Carl Icahn takes aim at genome sequencer Illumina over Grail deal

By Marquis Pepper on March 13, 2023

Company’s shares jump 21 per cent after activist investor launches proxy battle...

Cryptocurrency prices soar on support for Silicon Valley Bank depositors

By Gaylene Stoval on March 13, 2023

Bitcoin and ether jump by 20% in the last three days after US authorities intervene...

How an Optimized Reimbursement Program Can Help Drive Growth

By Joan Coby on March 13, 2023

Sponsor content from Motus...

La Haus is bringing US tech services to Latin America’s real estate market
La Haus is bringing US tech services to Latin America’s real estate market
The alchemy for a successful startup can be hard to parse. Sometimes, it’s who you know. Sometimes it’s where you go to school. And sometimes it’s what you do. In the case of La Haus, a startup that wants to bring U.S. tech-enabled real estate services to the Latin American real estate market, it’s all…
Ontario, Quebec Step In After Trudeau’s Real Estate Plan Flops
Ontario, Quebec Step In After Trudeau’s Real Estate Plan Flops
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Realtor.com: TV producer Ryan Murphy sold his Laguna Beach estate for $10.65 million
Realtor.com: TV producer Ryan Murphy sold his Laguna Beach estate for $10.65 million
The television producer Ryan Murphy has finally sold his luxury compound in Orange County, CA. Murphy accepted an offer of $10.65 million, after initially putting the place on the market in early 2018 for $18.75 million.Murphy acquired part of the property in Laguna Beach for $4,475,000 in 2005, and proceeded to buy an adjacent parcel…
Realtor.com: See inside legendary gambler Billy Walters’ $27 million estate
Realtor.com: See inside legendary gambler Billy Walters’ $27 million estate
The sports bettor Billy Walters is hoping that his luck will turn around with his real estate. He’s placed his massive mansion in Carlsbad, CA, on the market for an equally large sum: $26,950,000.The San Diego-area home was where the prodigious wagerer was originally serving out the remainder of a five-year prison sentence. Walters was convicted…
Halliburton Seeking Serious Buyers Only in Real-Estate Auction
Halliburton Seeking Serious Buyers Only in Real-Estate Auction
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