Walgreens Boots Alliance (WBA) is now a private company after Sycamore Partners officially completed its purchase of the 124-year-old pharmacy chain. As part of this deal, Walgreens will no longer operate as a vertically integrated business on the Nasdaq (NDAQ). Instead, the company’s various segments — including Walgreens, The Boots Group, Shields Health Solutions, CareCentrix, and VillageMD — will now …
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Index Tops 6500 After Nvidia Earnings; Hormel Drops
Key Takeaways The S&P 500 added 0.3% on Thursday, Aug. 28, 2025, notching another record close following Nvidia’s earnings report and a positive revision to U.S. GDP growth. Shares of business monitoring software provider Datadog earned the top performance in the benchmark index amid the latest wave of enthusiasm around AI. Hormel Foods shares plunged after the maker of packaged …
Read More »Tesla Is Collapsing In Europe As BYD Skyrockets
Tesla sales plunged 43.5% in the European Union in the first seven months of the year. BYD sales grew 250% in the same period. CEO Elon Musk’s far-right politics continue hurting the brand. Tesla was once the best-selling electric vehicle brand in Europe. But now, the American automaker has not only lost that crown to Volkswagen, but is now seeing …
Read More »Nikkei 225, Kospi, CSI 300
The Seoul skyline. Mongkol Chuewong | Moment | Getty Images Asia-Pacific markets traded mixed Friday, breaking ranks with Wall Street as investors also assessed a slate of economic data in the region. Japan’s Nikkei 225 slid 0.41%, while the Topix lost 0.39% after core consumer prices in Tokyo rose at a slower pace in August. The Tokyo core CPI, which strips …
Read More »Asia shares lifted by Wall St as markets await US inflation data – Reuters
Asia shares lifted by Wall St as markets await US inflation data Reuters Asia-Pacific markets trade mixed, breaking ranks with Wall Street CNBC Asian indexes turn lower despite record close on Wall Street (NYSEARCA:FXI) Seeking Alpha Bloomberg Daybreak Asia: S&P 500 Hits Record Ahead of PCE Data Bloomberg.com Wall Street edges higher as the market awaits Nvidia’s quarterly report 5 EYEWITNESS NEWS Source link
Read More »After Cracker Barrel Uproar, Activist Investor Seizes the Moment – The Wall Street Journal
After Cracker Barrel Uproar, Activist Investor Seizes the Moment The Wall Street Journal Cracker Barrel co-founder slams rebrand fail as ‘pitiful,’ urges chain to ‘keep it country’ Fox Business Cracker Barrel quietly removes DEI and Pride pages from its website after logo upheaval CNN Cracker Barrel had good reasons to rebrand. But after its new logo misfired, here’s what’s next AP News Cracker Barrel …
Read More »The Atlanta Journal-Constitution will usher in the New Year as a digital-only publication
Facebook Tweet Email Link The Atlanta Journal-Constitution announced on Thursday that it will print its final physical newspaper edition on December 31, making it the latest storied newspaper to discontinue offering its news in print. The changeup means the AJC will be a digital-only publication starting January 1, 2026. The AJC said the transition is intended to transform the paper …
Read More »EchoStar rout leaves its open RAN vendors high and dry – Light Reading
EchoStar rout leaves its open RAN vendors high and dry Light Reading EchoStar to sell wireless spectrum licenses to AT&T in $23 billion deal Reuters AT&T Can Provide a Dividend—and a Higher Stock Price, Too Barron’s Charles Ergen’s Net Worth Doubles After Controversial AT&T Sale Forbes AT&T to Acquire EchoStar’s Spectrum Licenses: Growth Catalyst or Risk? Yahoo Finance Source link
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Read More »Nvidia Results See Mixed Reception on Wall Street
KEY TAKEAWAYS Nvidia’s projection for record third-quarter revenue was met with a bullish reception from analysts, including Morgan Stanley and UBS, even as some, like HSBC, were downbeat on the AI chipmaker’s lack of visibility around prospective sales in China. The poster child for the AI boom on Wednesday projected third-quarter revenue of $54 billion, plus or minus 2%, a record …
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