Check out the companies making the biggest moves premarket: Sysco — The wholesale food distributor fell 4.5% after it agreed to buy Jetro Restaurant Depot for a total enterprise value of $29.1 billion. The deal is expected to close in Sysco’s 2027 fiscal third quarter, with the company calling the transaction “immediately accretive.” Avis —…
Chinese jewelry company Laopu Gold still has significant upside, despite recent volatility in prices of the precious metal, analysts said. In the last two years, Hong Kong-listed Laopu has become an upstart in China’s luxury scene , drawing local crowds — and reportedly LVMH Chair Bernard Arnault — for its artisanal take on gold jewelry….
Managed future strategies are gaining renewed attention as investors look for new sources of returns from the market at a time when both stocks and bonds are under pressure as a result of the U.S.-Iran war and the risk of 1970s-style stagflation. These strategies, which are typically run by commodity trading advisors, use systematic models…
Key Points: Global Payments, a crucial intermediary between retailers and banks, trades well below competitors’ and its own historical multiples. The company hopes to turn things around by gaining a dominant share of the merchant acquisition market through the purchase of Worldpay and the introduction of a point-of-sale system. Global Payments could see upside from…
Check out the companies making the biggest moves premarket: AstraZeneca — The pharma giant rose 3% after its experimental drug, tozorakimab, was found to meaningfully reduce flare-ups in cases of chronic obstructive pulmonary disease. The drug delivered the results in two late-stage trials, and the company said full results will be delivered at an upcoming…
Investors may want to take a step back as stocks swing amid rising geopolitical tensions. DBi’s Andrew Beer suggests the market’s crystal ball is broken. “It’s not normal for big markets to move as much as they are right now,” the firm’s managing member told CNBC’s “ETF Edge” this week. “Something is deeply wrong in…
Wall Street, Manhattan, New York. Andrey Denisyuk | Moment | Getty Images Wall Street banks may finally be getting a long-awaited opening to claw back market share from private credit lenders. After a decade in which private credit lenders grew rapidly and took over a large share of financing for leveraged buyouts, signs of strain…
Senator Elizabeth Warren, a Democrat from Massachusetts and ranking member of the Senate Banking, Housing, and Urban Affairs Committee, during a hearing in Washington, DC, US, on Thursday, March 26, 2026. Aaron Schwartz | Bloomberg | Getty Images Sen. Elizabeth Warren sent a blistering letter to Federal Reserve chair nominee Kevin Warsh on Thursday, predicting…
Check out the companies making the biggest moves in midday trading: Meta Platforms — The social media giant tumbled more than 6%. Meta lost two major legal cases concerning child safety this week. While the financial penalties aren’t large relative to the company’s size, Meta’s losses in court raise questions around Big Tech’s role in…
Check out the companies making the biggest moves in premarket trading: Memory stocks — Shares of memory chipmakers tumbled following the unveiling of Google’ s new AI model, which the company said could reduce the amount of memory required to run large language models. Sandisk dropped nearly 4%, Micron Technology , Western Digital and Seagate…
