Nuvei will buy cross-border payments firm Payoneer for about $2.75 billion in cash, the companies said on Monday, as the Canadian fintech aims to expand globally. Nuvei will buy all shares of Payoneer for $7.40 apiece, a premium of about 44% to their last close on June 8. Payoneer has a market capitalization of about $2.26 billion, according to data compiled by LSEG.
News
High-signal headlines only - macro events, earnings, M&A, regulatory. Listicles and analyst clickbait filtered out by default. Refreshed hourly.
Fox is acquiring Roku, the popular streaming TV platform, in a massive $22 billion deal, the companies announced Monday.
Fox Corp. has agreed to buy the streaming pioneer Roku in a cash-and-stock deal valued at approximately $22 billion, including debt. Roku will continue to be run as an open, partner-friendly platform, the companies said Monday, and there appears to be no immediate changes that customers will see. Fox and Roku said that the combined company will become the third-largest player in U.S. television by share of viewing.
Jeff Bezos didn't just trade rain for sunshine when he moved from Washington to a "Billionaire Bunker" in Florida. He lowered his tax liability by nearly $1 billion. Here's how you can too.
Amazon.com Inc. (NASDAQ:AMZN) is one of the 10 Stocks That Can Still Skyrocket On The Neo Cloud Boom. On June 4, Amazon.com Inc. (NASDAQ:AMZN) introduced its Amazon Prime service in South Africa as part of its effort to become one of the dominant retailers in the country. With its high demand, the company priced the […]
Simon Property Group, Inc. (NYSE:SPG) was among the stocks Jim Cramer highlighted during Mad Money, as he noted the rotation into defensive sectors. Cramer highlighted the stock’s yield, as he said: … Simon Property Group. The late great David Simon put together the best collection of shopping malls in America. The stock now yields 4.15%. […]
Elon Musk said on Sunday that his rocket company, SpaceX, could bring in $1 trillion in revenue by 2030, making the statement two days after the company went public, valuing it at over $2 trillion. "And I would be surprised if revenue is not greater than $1T in 2031," he wrote on his social media platform X, replying to journalist and financial commentator Jon Erlichman. SpaceX on Friday became the sixth-largest U.S. firm, cementing Musk's status as the world's first trillionaire.
Orbio announces $21 Million Series A in round led by Dawn Capital.
Amazon.com (NasdaqGS:AMZN) has introduced its Graviton5 custom processor for Amazon Web Services (AWS). The chip is now generally available for customers using AWS cloud infrastructure. Graviton5 is aimed at AI and high performance cloud workloads using in house silicon. For investors following Amazon, this move sits at the core of its AWS business, which provides cloud infrastructure and services to a wide range of enterprises and developers. Custom chips like Graviton5 can be important in...
Investing.com -- Agentic shopping is the use of AI agents to carry out parts of the shopping process on behalf of the customer instead of merely providing recommendations. Google’s agentic shopping protocol, for instance, enables agents to work across different parts of the buying processes, including discovery and post-purchase support. But has agentic shopping reached the capacity to directly make shopping decisions on customers’ behalf?
Amazon.com, Inc. (NASDAQ:AMZN) is one of the best e-commerce stocks to buy as global sales hit records. The company’s advantage in online retail has long been tied to fulfillment depth, and Amazon is now pushing more of that logistics infrastructure beyond its own marketplace. On June 10, Amazon Supply Chain Services launched a less-than-truckload freight […]
Both are racing to turn enormous AI spending into cloud profits. But on growth and valuation, one looks like the more compelling buy today.
In 2015, Amazon held the first-ever Prime Day, a 24-hour savings bonanza that marked the online retailer’s 20th anniversary. That singular event changed the landscape of seasonal sales. Where department stores used to hold end-of-season discounting events twice a year, typically in August and ...
The retail sector is absolutely massive, which means companies of all sizes are fighting for a share of consumers' wallets.
Corning’s latest Amazon agreement strengthens the case that fiber optics demand is becoming a major AI infrastructure growth driver.
Amazon started by selling books. Then it sold everything, and along the way it rebuilt the infrastructure that the rest of retail now runs on. That is the lens James Heckman, CEO of Roundtable, put to Coinbase in a conversation on the floor of the New York Stock Exchange, a company that started by ...
Hyperscaler cloud platforms are doing something rare in the AI era: turning eye-watering capital expenditures into accelerating top-line growth. With Q2 earnings reports landing in July, June is shaping up as a positioning window for the three mega caps that dominate enterprise cloud. Each just printed cloud growth that re-accelerated, each is sitting on contracted ... 3 Cloud Computing Stocks to Load up on in June
Amazon and Microsoft are two very similar investments.
There are several stocks that look like better ideas than SpaceX.
I started with one television station in Scranton over 30 years ago, now I employ nearly thousands of journalists coast to coast.
Pinterest (NYSE:PINS) is rolling out Amazon Storefront linking for creators, allowing direct integration of Amazon influencer profiles into Pinterest. The company is also expanding its multi billion dollar partnership with Amazon Web Services to support AI and visual discovery features. Together, these updates aim to strengthen Pinterest's position as a product discovery and shopping platform for users, creators, and brands. Pinterest sits at the intersection of visual inspiration, product...
Amazon.com (NasdaqGS:AMZN) plans to acquire Apple’s 20% stake in satellite operator Globalstar as part of an $11.6b satellite communications agreement tied to its Project Leo plans. The company also announced a new multi billion dollar AWS partnership with Pinterest, expanding its cloud reach into a major social media platform. In Europe, Amazon is rolling out a new generation of AI powered warehouse robots aimed at improving fulfillment efficiency and logistics capabilities. Amazon.com,...
Amazon.com, Inc. (NASDAQ:AMZN) is one of the most promising growth stocks to buy now. On June 8, Amazon.com, Inc. (NASDAQ:AMZN) completed the sale of C$14 billion ($10 billion) in investment-grade bonds in Canada. It marked the largest corporate bond offering in Canadian dollars, attracting C$28 billion in orders from investors amid strong global demand for […]
Meta Platforms, Inc. (NASDAQ:META) carries a profit margin of 39.36% and net income of $60.46 billion (FY25), securing its place on our list of the most profitable blue chip stocks to buy according to hedge funds, with analysts seeing 41.10% upside for the stock. That profitability is supported by a business that continues to grow […]
