Latest Market News
Starbucks Corp. SBUX, +0.84% and Delta Air Lines Inc. DAL, +0.29% said that starting Wednesday, those who are enrolled in both the coffee seller’s and air carrier’s loyalty program can link their accounts. Starbucks’ stock rose 0.4% in premarket trading and Delta shares gained 0.2%. Once linked, U.S. customers will earn one mile with Delta […]
Blackstone Inc. BX, +0.91% and Resolution Life plan to raise $3 billion of new equity capital, including a $500 million strategic investment from Blackstone, as part of their new global life insurance and annuity consolidation business. The arrangement will boost Resolution Life’s total equity capital base to more than $8 billion. Blackstone will also handle […]
Shares of Diamondback Energy Inc. FANG, -0.73% rose 0.7% in premarket trading Wednesday, after the oil and natural gas company announced an agreement to buy all leasehold interest and related assets of FireBird Energy LLC for about $1.59 billion in cash and stock. Under terms of the deal announced late Tuesday, Diamondback will exchange 5.86 […]
Ayr Wellness Inc. AYRWF, -1.77% AYR.A, -5.92% on Wednesday named ex-Neiman Marcus executive David Goubert as its new president to oversee the cannabis company’s operational and commercial functions, including production, supply chain, retail, wholesale and marketing. He reports to Ayr Wellness founder and CEO Jonathan Sandelman. Goubert was most recently president and chief customer officer […]
Despite delisting VBB, Valkyrie still continues to manage the Bitcoin Strategy ETF and its Bitcoin futures ETF and the Valkyrie Bitcoin Miners ETF. Source: Cointelegraph
Shares of Lyft Inc. LYFT, +6.08% jumped 3.5% in premarket trading Wednesday, off the previous session’s record low close, after Gordon Haskett analyst Robert Mollins recommended investor buy, citing “overly negative” sentiment and a number of potential positive catalysts. The stock had tumbled 12.0% on Tuesday, and rival ride-share company Uber Technologies Inc.’s stock UBER, […]