PepsiCo Stock Jumps. Why Elliott Investment Management Is Taking a $4 Billion Stake. Barron’s Elliott Investment Management takes stake in Pepsi, sees 50% upside for the stock Yahoo Finance Activist Investor Elliott Builds $4 Billion Stake in PepsiCo Bloomberg.com Pepsi shares jump 4% as activist Elliott takes $4 billion stake, sees ‘historic’ value opportunity CNBC Elliott launches campaign against Pepsi after taking $4bn stake Financial …
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Stock market today: Dow, S&P 500, Nasdaq sink as Treasury yields jump amid tariff, Fed uncertainty – Yahoo Finance
Stock market today: Dow, S&P 500, Nasdaq sink as Treasury yields jump amid tariff, Fed uncertainty Yahoo Finance 3 reasons why tech stocks are getting whacked to start the month Business Insider Wall St hits over one-week low on tariff uncertainty, data in focus Reuters World shares slip and gold sets a fresh record high of over $3,550 per ounce AP News Dow falls …
Read More »Palo Alto Networks data breach exposes customer info, support cases
Palo Alto Networks suffered a data breach that exposed customer data and support cases after attackers abused compromised OAuth tokens from the Salesloft Drift breach to access its Salesforce instance. The company states that it was one of hundreds of companies affected by a supply-chain attack disclosed last week, in which threat actors abused the stolen authentication tokens to exfiltrate …
Read More »US revokes TSMC’s fast-track China export status as controls tighten
(Reuters) -The U.S. has revoked Taiwan Semiconductor Manufacturing Co’s authorization to ship key equipment to its main China facility, the chip manufacturer said on Tuesday. The change removes a fast-track export privilege known as Validated End User (VEU) status, effective December 31, meaning future shipments of U.S.-origin chipmaking tools to TSMC’s Nanjing site will require individual licenses. The U.S. has …
Read More »UK borrowing costs hit highest since 1998, pound slides on fiscal worries – Reuters
UK borrowing costs hit highest since 1998, pound slides on fiscal worries Reuters UK borrowing costs hit 27-year high adding to pressure on Reeves BBC Sterling, Japanese yen slump on investor anxiety over public finances Reuters British Pound slides 1.4% against U.S. dollar as U.K. fiscal concerns mount CNBC UK Markets Slide as Debt Angst Drives 30-Year Yield to 1998 High Bloomberg.com Source link
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Read More »Warren Buffett says he is ‘disappointed’ in Kraft Heinz split; shares fall 5%
Warren Buffett told CNBC on Tuesday that he is disappointed in the Kraft Heinz split that unwinds much of the blockbuster merger he masterminded a decade ago. With a 27.5% stake in the company, Berkshire Hathaway is Kraft Heinz’s largest shareholder. The firm has not touched its shares since the 2015 merger that formed the food conglomerate. Shares of the …
Read More »How Trump Is Changing American Capitalism – The New York Times
How Trump Is Changing American Capitalism The New York Times The Intel Stake Is a Corrupt Spin on Industrial Policy Bloomberg.com Trump’s America Is Starting To Look Like a Banana Republic | Opinion Newsweek Trump’s “State Capitalism … a Hybrid Between Socialism and Capitalism” Won’t Make America Great Again Cato Institute Trump is targeting the free market and American exceptionalism The Hill Source link
Read More »Exclusive: US regulators cancel bank exams as Trump rollback gathers pace – Reuters
Exclusive: US regulators cancel bank exams as Trump rollback gathers pace Reuters Regulatory Retreat: Trump’s Softer Banking Supervision Devdiscourse Trump Administration Going Light on Bank Exams Banking Exchange Exclusive-US regulators cancel bank exams as Trump rollback gathers pace yahoo.com US Regulators Scale Down Bank Exams as Trump Policies Shift Focus From Non-Core Issues MarketScreener Source link
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