Elliott calls for turnaround at PepsiCo after building $4 billion stake Reuters Pro Rata Premium: 🥤 Shaking up Pepsi Axios Pepsi shares jump as activist Elliott takes $4 billion stake, sees ‘historic’ value opportunity CNBC Top Stock Movers Now: Constellation Brands, Block, PepsiCo, and More Yahoo Finance Activist Elliott wants PepsiCo to emulate Coke’s playbook. This is why. MarketWatch Source link
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New crypto token boosts Trump family’s wealth by $5 billion
A new cryptocurrency issued by the Trump family’s World Liberty Financial and that started trading this week has boosted the family’s wealth on paper by roughly $5 billion despite the digital token sinking in its first two days of being listed on the exchange. The crypto, called WLFI, reached a high of about 40 cents after launching on Monday, according to …
Read More »Air Lease to Be Sold to Sumitomo-Led Group for $7.4 Billion – Bloomberg.com
Air Lease to Be Sold to Sumitomo-Led Group for $7.4 Billion Bloomberg.com Airplane leasing world shrinks with $7.4 billion takeover of Air Lease CNBC Air Lease to be sold for $7.4bn to investors including Apollo Financial Times Air Lease Is Going Private. Why Boeing Stock Is Up. Barron’s Air Lease to be acquired for $65.00 per share in cash (AL:NYSE) Seeking Alpha Source link
Read More »Airplane leasing world shrinks with $7.4 billion takeover of Air Lease
An Airbus A321 is being assembled in the final assembly line hangar at the Airbus U.S. Manufacturing Facility in Mobile, Alabama. Michael Spooneybarger | Reuters Aircraft leasing firm Air Lease, founded by industry mogul Steven Udvar-Házy, agreed to sell itself in deal that would take it private to a group of investors for $7.4 billion, ushering in more consolidation in …
Read More »OpenAI to Buy Product Testing Startup Statsig for $1.1 Billion – Bloomberg.com
OpenAI to Buy Product Testing Startup Statsig for $1.1 Billion Bloomberg.com OpenAI acquires Statsig for $1.1 billion, brings on CEO as applications executive CNBC Vijaye Raji to become CTO of Applications with acquisition of Statsig OpenAI OpenAI acquires product testing startup Statsig and shakes up its leadership team TechCrunch OpenAI to acquire product testing startup Statsig, appoints CTO of applications Yahoo Finance Source link
Read More »Powerball jackpot rises to an estimated $1.3 billion after no winning ticket sold
National News The numbers drawn were 8, 23, 25, 40, 53 with the Powerball 5. Roslyn Jefferson makes her lottery ticket selections on a self-serve terminal inside a gas station ahead of Saturday’s Powerball drawing offering of $1 billion, Friday, Aug. 29, 2025, in Baltimore. AP Photo/Stephanie Scarbrough By Associated Press September 2, 2025 | 9:18 AM 1 minute to …
Read More »Anthropic now valued at $183 billion as AI race heats up – Axios
Anthropic now valued at $183 billion as AI race heats up Axios Anthropic raises $13B Series F at $183B post-money valuation Anthropic Anthropic Raises Its Valuation to $183 Billion in New Funding The New York Times Anthropic’s valuation more than doubles to $183 billion after $13 billion fundraise Reuters AI start-up Anthropic valued at $170bn in expanded funding round Financial Times Source link
Read More »Nvidia’s $340 Billion Rout Drags Stock Below Key Technical Level – Bloomberg.com
Nvidia’s $340 Billion Rout Drags Stock Below Key Technical Level Bloomberg.com Nvidia Stock Falls. Why the Post-Earnings Slump Is Rolling On. Barron’s Tech stocks head south as investors see that growth in AI may not be limitless Fortune Nvidia Plummets Below Key Level After Alibaba’s China AI Chip Surprise; Is Nvidia A Buy Or Sell Now? Investor’s Business Daily Nvidia: Further Weakness To Come …
Read More »Jane Street’s $10.1 Billion Trading Haul Sets Wall Street Record – Bloomberg.com
Jane Street’s $10.1 Billion Trading Haul Sets Wall Street Record Bloomberg.com Source link
Read More »Anthropic is now valued at $183 billion
Anthropic, the AI startup behind Claude and one of OpenAI’s chief competitors, emerged from the holiday weekend with big news: A completed funding round of $13 billion, awarding the company a $183 billion post-money valuation. The company said in a press release that between the start of 2025 and August — less than nine months — its run-rate revenue had …
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